By the end of this month, commuter will be able to zip to Chembur from south Mumbai in about 15 minutes. The Mumbai Metropolitan Region Development Authority (MMRDA) will open a portion of the Eastern Freeway from Orange Gate to Panjarpol. The remaining part up to Ghatkopar-Mankhurd Link Road (GMLR) will be opened early next year.
Tag: May
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Cement industry poised for better growth
Growth in cement demand in 2013-14 may improve as the economy is expected to grow faster during the year and also because the governmentÂ’s policy initiatives may promote infrastructure sector,
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Cheaper import is a matter of concern for Indian manufacturers
For long term sustenance, it is essential that appropriate policy measures be in place for value adders like steel plants for requisite and stable raw material linkage, observes Dilip Oommen, CEO & MD, Essar Steel India,
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Railways needs to be more proactive: Experts
Rail modernisation requires technology, and much of this is already available today in the private sector. The Railways has identified several investment areas for private players.
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Regulatory measures do cause delay in commissioning of projects
Domestic iron ore scenario has recently improved and at present, iron ore is available. This is reflected in the softening of prices in the last few days, says CS Verma, Chairman, Steel Authority of India
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Technology can play an important role in improving throughput
Railways needs to create capacity along its arterial routes viz, the Golden Quadrilateral and diagonals as well as augment capacity on rail links serving ports, industrial hubs and to existing and new mining areas,
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Turnaround is around the corner
The governmentÂ’s sincere attempts to expedite the project clearance of the stalled projects and participation by the private entrepreneurs in PPP projects in infrastructure would lead to enhancement of steel consumption in 2013-14.
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Rail modernisation: Changing tracks
The Expert Group on Modernisation of Indian Railways submitted its recommendations to the government a year ago, and the Central Government has taken some significant steps in its Rail Budget 2013-14
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Fee-sharing mechanisms should be encouraged to push takeout finance
Takeout financing should be one of the key channels for financing infrastructure projects, wherein, certain sectors like power do have sector exposure issues with the banking sector,
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Strengthen indigenous capabilities
If India becomes self-reliant in railway technology, it will have multiple effect including reduction in the equipment cost, easy availability of technology for upgradation of existing assets and in turn Indian Railways will be able to reduce the freight rates,