Engineering giant Larsen and Toubro and the Telangana government could be headed for yet another face-off over the execution of the Rs.16,375-crore metro rail project in Hyderabad.
Tag: infrastructure
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Bentley Systems Issues Call for Submissions to 2016 Awards
Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, announced its call for submissions to the 2016 Be Inspired Awards programme in New Delhi, early May.
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We have committed Rs.10,000 cr to Maharashtra´s port infrastructure projects
Maharashtra is the most industrialised state in the country and is one of the prime movers of India´s success story. Like a true leader, Maharashtra has been showing the way to emulate in fields varying from infrastructure to industrialisation and from education to research.
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I call it the 4-P model where the fourth P stands for people
It is yet to emerge as an organised sector in comparison to the other sectors where you have model concession agreements. The bankers are also very familiar with terms and conditions.
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Where are the investor-friendly policies?
First and foremost, water is a scarce commodity. If at all there is a war, it will be for water, now. Unfortunately, in India, the per capita availability of water has decreased in the past decade (if I go by the official record) from 1860 cubic metres in 2001 to 1545 cubic metres now.
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We have constructed almost half of all the new lines that were laid last year
There are basically two kinds of projects. One is the greenfield projects where we are going to construct an absolutely new line. The other type is where we construct along the existing track, the doubling or third or fourth lines.
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JICA, IIFCL ink pact to finance PPP
Japan International Cooperation Agency (JICA) has inked a pact with India Infrastructure Finance Company Limited (IIFCL) to provide 50 billion Japanese yen (about Rs.2,866 crore) of official development assistance (ODA) for implementation of infrastructure projects in PPP.
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Fairfax buys 33 per cent in Bengaluru Airport
Prem Watsa-backed Fairfax has bought a 33 per cent stake in Bangalore International Airport for Rs.2,149 crore from GVK Power and Infrastructure, which is selling assets to pare debt. Canadian billionaire Watsa controls travel operator Thomas Cook and will become the largest shareholder in BIAL, India's first newly built PPP international airport.
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Sovereign, pension funds may invest $50 bln in India
India is an attractive destination for global sovereign and pension funds as they are expected to invest up to $50 billion in infrastructure sector over the next five years, says a report by Ambit and The City of London Corporation.
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EPFO to invest in G-secs for infra
Retirement fund body Employees' Provident Fund Organisation (EPFO) will park more funds in public sector bonds to boost infrastructure development programmes and continue to invest in equities, Union Labour Minister Bandaru Dattatreya said.