Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
FlashNews:
3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India
Shell plans to acquire 100% stake in Actis for over $1 billion
Why Green means Money
ReNew signs five PPAs to supply 1,500 MW power from solar plants
DLI to offer logistics services at Integrated Logistics Park in Anekal
Mumbai-Ahmedabad Bullet Train project picks ups pace
Scatec ASA aims hydropower assets in India
BSUL invites proposals for solar projects in Jalaun Park
Essar Ports Vizag Terminal held largest dry bulk vessel
Pralhad Joshi: thermal power plants hold 22 MT coal, enough for ten days
Coal demand expects to grow in India: Coal Ministry
Chhattisgarh Govt grants Parsa East & Kente Basan license to mine coal
AAI: Indigo uses new satellite-based tech to land passenger aircraft
Aviation Ministry expects 100 mn passengers traffic this year
Atal Tunnel wins ‘Best Infrastructure Project’ award in New Delhi
NABARD approves five road projects for Sirmaur district
Gadkari lays foundation for 17 highway, CRIF projects in Telangana
RLDA to redevelop Delhi’s 2 stations into world-class rly station
States, UTs surpass 2022 renewable energy goal of 175 MW
Tag: LIC
Funding Not a Constraint for Road Building Programmes
In an exclusive interview to INFRASTRUCTURE TODAY, Debjani Chakrabarti, Director Highways, Ministry of Road Transport & Highways (MoRTH) elucidates some of the key funding strategies being utilised by India as a part of the country's ambitious Rs 7 trillion roads building programme.
Traction Ahead!
The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
Fast Forwarding the Lifeline
It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.
Railway projects are gathering pace
Tilak Raj Seth, Executive Vice President, Mobility, Siemens, feels implementation of PPP will provide a fillip to railway projects in India. However, given the size and rapid growth in the country's rail sector, availability of trained manpower will remain a primary challenge.
Air India taps LIC for Rs.10,000-cr loan
Air India is in talks with Life Insurance Corporation of India for a loan of up to Rs.10,000 crore to help finance the acquisition of six Boeing 787 and three 777 aircraft.
Competition Picks Up in HAM
Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.
We don´t have a benchmark. The government will have to start setting it
It seems the government has a few mega projects in hand. These really need to stand the test of time, and how the rollout is going to happen is going to be the single biggest challenge. The numbers are too big. They should get real in terms of achieving these numbers.
Of the public, for the public but not by the public
What is it that was just 29 crore in 1951 and has now grown to 10 lakh crore? It is the amount of public investment in 290 public sector units in India today.
Bangladesh offers 2 SEZs to Indian Companies
With an aim to boost bilateral trade, Bangladesh has offered to establish two SEZ for Indian companies besides allowing LIC to start operations in the country.