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.
Tag: infrastructure
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Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
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On the road to growth
The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.
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In a 100m-dash, roads and rail are about 40m ahead and you are still putting more into them.
Amitabh Verma, Chairman, Indian Waterways Authority of India (IWAI), tells Rouhan Sharma India has no option but to develop its waterways infrastructure to keep pace with the needs of a growing population and a developing economy.
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IWT has suddenly become doubly meaningful.
Sumit Banerjee, former Vice Chairman, Reliance Cement and MD&CEO, ACC Ltd, tells Rouhan Sharma it is only a matter of time before companies evince more interest in waterways for competitively transporting goods.
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At last, a Budget for the villager?
quite like the manufacturing and services sectors depend on quality of infrastructure for their competitiveness, our agriculture also will be able to make a difference
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Make in India Exhibition extravaganza
The first Make In India Week was held in Mumbai and was the biggest ever show of the country´s manufacturing prowess. With a business commitment of Rs.15.20 lakh crore in investments, the Make In India
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Aviation infrastructure still grounded
With a market size of around $16 billion, India is the ninth largest civil aviation market in the world today. During the Eleventh Plan period (2007-12), passenger traffic grew at a CAGR of 11 per cent
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Budget 2016-17: Clean energy cess doubled to Rs.400
Finance Minister Arun Jaitley has doubled the clean energy cess to Rs.400 per tonne of coal. He also introduced infrastructure cess on petrol, diesel and luxury cars.
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ONGC gets green panel nod in Tripura
The Centre´s green panel has given approval to ONGC for developing 30 wells and other infrastructure in Tripura, with investment of Rs.758 crore.