The 2G spectrum verdict on the astonishing day of 2 February pronounced a cancellation of all 121 permits given after 10 January 2008 by the then Telecom Minister A Raja. There is a fundamental flaw in the principle of first-come-first-served in the distribution of state-owned natural resources,
Tag: infrastructure
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The number of accounts getting restructured has increased dramatically
Restructuring is fast becoming a norm among infrastructure and power companies in particular. With a 30 per cent exposure within infrastructure to power, SBI has been acting on both restructuring as well as advising the government on what norms to adopt for discoms before finance.
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Plugging the efficiency gap
If done correctly, benchmarking pipeline performance can provide clear, reliable results and become a basis for prioritising future operational improvements. The catch? A stringent structure is critical to avoiding inaccurate and misleading results,
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Urban water: Basics bear large yields
In the last 18 months, there has been a subtle, yet perceptible shift in focus in infraÂstructure field. In government circles incluÂding the political management of the ecoÂnomy and bureaucracy,
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Infrastructure status for airports sought
ASSOCHAM called for granting infrastructure status to airports by the government, besides classifying aviation turbine fuel (ATF) and cement as declared goods to bring a uniform tariff structure across the country.
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GVFL to float Rs 1,000-cr fund
Aimed at strengthening the trade ties with China, Gujarat Venture Finance (GVFL) plans to launch a Rs 1,000-crore green energy fund to attract Chinese companies. According to GVFL, the fund is specific to Chinese companies interested in setting up plants for equipment
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Japan promises aid for infra development
India and Japan have decided to enhance the earlier bilateral currency swap arranÂgement to $15 billion from the current $3 billion. A joint staÂtement, issued after official level talks between the Prime Minister, Dr Manmohan Singh, and his Japanese counterpart Yoshihiko Noda expressed the hope that this enhancement will further strengthen financial cooperation.
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Railways keen on PPP model for infrastructure
Railways is seeking the coÂoperation of the private sector for developing rail infrastructure in the country. For this purpÂose, Railways has framed pubÂlic-priÂvate participation (PPP) inveÂstment models for its exiÂsting as well as new projects. It has also drafted policy for priÂvate participation in rail connÂectiÂvity and capacity augÂmenÂtation projects.
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Rs 19,000 cr for J&K rail line
The Cabinet Committee on Infrastructure approved additional Rs19,000 crore towards completion of the Jammu-Baramulla rail link project In Jammu & Kashmir. The links between Jammu-Udhampur and Qazigund-Baramulla are operational while Udhampur-Katra is to be started in the near future.
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Mobile tower roll-out slow
The pace of roll-out of cellular towers has declined significantly to just 8,000 a year compared with 14,000 in the previous financial year. According to data available with the Department of Telecom, over 40,000 new towers were added in 2009-10. While there were 3.47 lakh towers on March 2011, this is expected to move up to 3.55 lakh by the end of the current year, a growth of only 2.3 percent.In comparison, the year-on-year growth rate in 2008 was over 60 percent.