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.
Tag: infrastructure
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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.
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Master plan for port-based manufacturing zone
Odisha state government has initiated the task of preparing the master plan for developing a port based manufacturing zone at Dhamra.
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India plans to invest $120 billion in airport infrastructure: President
India is planning to invest over $120 billion in the development of airport infrastructure and aviation navigation services over the next decade, said President Pranab Mukherjee
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Ramboll India awarded quality audit assignment for Rapid Metro Phase-II
Ramboll will undertake the quality audit of the different civil and track structures such as the viaducts, stations and maintenance depot developed for the Phase-II of Rapid Metro.
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KPMG Statement Budget reaction – Renewable and Overall ENR
The increase in coal cess will improve relative attractiveness of renewables, but increase the overall cost of power for utilities by approximately 10,000 crores, thus impacting retail tariffs and utility financial health.