One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.
Tag: infrastructure
Post
Post
International Railway Equipment Exhibition | Equipped for the future
IREE 2015 provided a glittering centre-stage for all rail-technology related organisations and individuals to display their strengths, advancements and future plans
Post
Powering the change
The government is finally taking note. While it is too early to say that a solution to the woes of distribution companies (DISCOMs) is just around the corner, the wheels are in motion.
Post
Where are the infra moneybags
I do not know if introduction of GST will add a point or two to our GDP. Nor do I know for sure if our GDP will get a leg up should we substantially improve the skills of our people, or if we have a digital India, or if we have Smart Cities.
Post
Aquatech awarded Zero Liquid Discharge Project in China
Aquatech, a global leader in water purification technology for industrial and infrastructure markets, has been awarded a contract to provide a water treatment facility that includes a Zero Liquid Discharge (ZLD) plant for a coal to liquid fuels conversion project being developed by Shenhua Ningxia Coal Industry Co. Ltd., a division of Shenhua Group, China´s biggest coal producer.
Post
There is no explicit government guarantee but we are hundred percent government owned
It-¦s a very relevant point since $1 trillion is required for infrastructure spending as estimated by the 12th Five Year Plan and you need long-term low-cost funds. Clearly, the major supplier of those, the public sector banks historically, are not going to be able to fill this requirement.
Post
The corridors are still in the nascent stages of development
This has not been largely used in the metro rail sector as yet, and this sector is still developing. It is to be noted that these projects take a long time to construct and the initial challenges of right of way need to be overcome.
Post
Is India´s steel industry ready to take the torch from China?
As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.
Post
Unravelling growth
At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
Post
Land acquisition and MOEF clearances have held up projects
Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.