The Telangana government is trying to patch up the differences with Larsen & Toubro after the company threatened to pull out of the Hyderabad metro rail project
Tag: L&T
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The Go-Getter
Arun Chandran, Managing Director - SynergiZ Global Services Private Limited & Project Director -(Parsons Brinckerhoff)- L&T Hyderabad Metro Rail, has over 17 years of management and engineering experience in design, installation, testing and commissioning of major infrastructure projects in varied sectors like aviation
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Metro projects should not be a symbol of status: Experts
If there is money and technology, then opting for a metro project works. But if it's only for a status symbol, then it's not a well-deserved investment. Other investments should be explored before jumping on the metro bandwagon.
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IDFs are the best route to refinance existing projects
Sadashiv Rao, Chief Risk Officer, IDFC Ltd tells Rahul Kamat that IDF-NBFC is a safer route compared to IDF-Mutual Fund, as in the latter, the fund manager can invest in any project (under construction) which will have risk involved in it, and investors may not like to invest in high-risk projects.
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Finally the Cure?
Long term financing has been ailing the infrastructure sector making alternate non-banking financing options like Infrastructure Debt Funds (IDFs) more viable. Rahul Kamat and Garima Pant explore the IDF environment in India. The yawning infrastructure gap in the country is seeking closure to unleash its locked growth potential.
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Matching the mismatch
IDFs play a vital role as investment vehicles that can be sponsored by NBFCs and commercial banks in India. Shrikanth S writes on how IDFs are correcting the asset-liability mismatch, and also help advance loans for fresh infrastructure projects. The urgent need to improve infrastructure prompted the Indian Planning Commission to estimate infrastructure spending in the 12th Five Year Plan (2012-17).
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Govt to attract foreign firms to build roads
The Union government is to hold road shows in countries like China and Australia in the next few months to attract foreign companies to take up road construction projects in the country. Road developers in India like GMR, GVK, L&T are staying away from bidding due to fiscal constraints and land acquisition problems.
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L&T wins projects in Gulf
L&T said that it won an EPC project from Takreer, a unit of State-owned Abu Dhabi National Oil Company (ADNOC) for the new aviation fuel terminal at Abu Dhabi International Airport for developing storage and delivery of JET A-1, special purpose aviation turbine fuel.
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Private highway developers’ plea for relief
Citing the continuing economic slowdown that has impacted their projects, private highway developers are urging the Union government for maximum relief. Road builders like IRB, L&T, Reliance Infra, Ashoka Buildcon and Essel Infraprojects have started 16 premium projects and they want the government to allow rescheduling of annual premium payment.
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Kattupalli port to give Chennai port a run for its money
The operation of container terminal at Kattupalli port may reduce the traffic of container cargo at the nearby Chennai Port, reports indicate. From next month, Larsen & Toubro Limited (L&T) plans to start operation at its container terminal in Kattupalli port. The terminal may handle up to 400,000 containers per annum and can touch half a million capacity with a single