India's rapidly growing infrastructure asset base needs to be properly managed in order to ensure investor confidence. G Sathiamoorthy seeks to provide an overview of the new ISO 5500X suite of International Standards for Asset Management and its implications and applications for the effective management of India's burgeoning infrastructure asset base.
Tag: investment
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Airport to attract $12.1 bn investment
Union Civil Aviation Minister Ajit Singh said the Indian airport sector is likely to attract $12.1 billion worth of investment during the 12th Plan period. Out of this, the minister expects around $9.3 billion from the private sector.
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Urban projects: Chequered growth
The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
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Winds of change
This period of lull before the national election is an unfortunate reality that the industry must deal with, with no end in sight to the prevalent cloudiness around the fate and status of the more than 150 post-clearance projects
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Govt awards 13 port projects worth Rs 5,515 cr
During April-November period, the Union Shipping Ministry has awarded Rs 5,515 crore worth 80 million tonne projects. The awarded projects are more than 70 per cent of the 114 mt awarded last year at an investment of Rs 5, 515 crore, say media reports.
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Govt is striving to bring investments into ports: Vasan
The Union Shipping Minister GK Vasan has said on November 27 that the government is making continuous efforts to attract investment in the ports sector for augmentation of freight. Vasan said that Belgium is India's second largest trading partner with more than 150 Belgian companies in India with interests in dredging, chemicals, engineering goods, electronics and software etc.
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Karnataka okays Rs 10,044 cr worth projects
The Karnataka government has cleared 10 projects with an investment of over Rs 10,044 crore. The projects are expected to create 14,105 jobs in 10 districts of the state.
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Borrowing of infra firms rises faster than revenue
Official data shows that the borrowing of 17 construction and infrastructure (C&I) companies that are part of the BSE-500 index has risen more than their revenue and net profit during the last five years since 2008. While borrowings of these firms rose a little over five times, to Rs 2.7 lakh crore since 2008, their revenue and cas
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Govt clears Beypore port project
Kerala government gave administrative approval for a Rs 380-lakh project to develop the Beypore port, Minister for Ports K Babu was quoted as saying in an official press note. Of the total amount, Rs 300 lakh would be spent on installing reach stackers for the movement of cargo containers from the wharf to the stacking
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SAIL to raise operational efficiency, save cost
Steel Authority of India (SAIL) would adopt several steps to increase operational efficiency and thereby save Rs 5,000 crore in cost over the next three years. The state-run steel maker said in a statement after a ‘Strategic Confluence on Cost Control and Cost Competitiveness’ at its Management Training Institute in Ranc