Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.
I think in many sectors the policies are conducive. The most recent example is the Rewa Ultra Mega Solar Project, where IFC was the lead public-private-partnership (PPP) transaction advisor. We helped structure the bidding process to include a three-tiered payment security mechanism.
In its bid to fast-track execution of the ambitious Namami Gange programme, the government has launched 231 projects, including installation of sewage treatment plants and ghat constructions, at over 100 locations in seven states with an estimated cost of Rs.1,500 crore.