Sanjeev Kaushik, Deputy Managing Director, India Infrastructure Finance Company Ltd, speaks on the challenges facing infra financing and the likely contours of the post-GST regime
Lack of funds and investor confidence are two factors that are hurting the infrastructure sector. Efforts are needed to bring back the faith and money in the sector. FICCIÂ´s India Infrastructure Summit 2014 focused on the theme Â´Transport sector: Convergence & Connectivity
Increasing focus on the development of green and smart buildings has opened up a plethora of opportunities for the creation of sustainable and planned infrastructure using technology as the binding factor for the creation of self-contained sub-cities.
After six monthsÂ’ delay, the much-awaited two-tier Nashik Phata flyover in Pune is finally expected to be inaugurated on 22 January 2014. The flyover is the first-of-its-kind project in India crossing the Pavana river at 206 m and rail overbridge (ROB) at 110 m.Built at an investment of around Rs 140 crore, the flyover is well connected to the IT hub at Hinjawadi and the upcoming Chakan airport.
There are four toll plazas set up on the stretch of National Highway (NH-24) between Dalpatpur (Moradabad) to Dasna (Gaziabad) in Uttar Pradesh. Toll Plazas were established accordingly so as to ensure that there is no revenue loss to the government.
In Nagaland, the Phesama and Kisama stretch of National Highway (NH)-29 would be completely cut off for a week starting August 2 as Border Road Organisation (BRO) has decided to give its serious effort to completely restore the stretch. The same stretch of the road near Kisama, Naga Heritage village cut off due to a massive landslide on July 12 but it was open for some time for small vehicles.
Under the National Highways Development Project (NHDP) Phase-IV, the Cabinet Committee on Economic Affairs is likely to accord final approval for development of a National Highway in Rajasthan soon. Final approval is likely for the selected sub-project approved by Expenditure Finance Committee (EFC) for the development of two laning with paved shoulders of Uniara, Nainwa, Hindoli, Jahanpur, Shahpura, Gulabpura section of National Highway NH-148D in Rajasthan, sources said.
The toll plaza between Delhi and Gurgaon on the national highway is likely to be removed. The toll plaza has become contentious as users had to wait for long, resulting in traffic block. This also led to an intervention by the Punjab High Court last year. This was one of the options discussed in a meeting held between Haryana Chief Minister Bhupinder Singh Hooda and the Union Road Transport Minister CP Joshi in Delhi recently.
Kerala government must begin construction of the proposed flyovers at Edappally and Vyttila in Kochi, Kerala Chamber of Commerce and Industry demanded. The proposed flyovers would mitigate traffic congestion in the National Highway and facilitate trade and commerce activities in Kochi, the chamber said. The chamber called for the construction of Kundannoor flyover on a priority-basis. The Â‘Portal Frame FlyoverÂ’ model sugg