In India, the urban rail network has grown significantly over the past 10-12 years, from about 90 km in 2006 to 444 km as we speak.
Adani Ports and Special Economic Zone (APSEZ) has been regularly expanding capacities to capture new business opportunities. Captain Sandeep Mehta, President, (APSEZ), talks to INFRASTRUCTURE TODAY about the role and impact of private ports in India.
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).
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.
Odisha has played a pivotal role in the emergence and growth of the steel industry in the country. Blessed with abundant iron ore, the state made rapid strides in steel. Besides iron ore (32.9 per cent of the countryÂ´s reserves), Odisha has abundant reserves of bauxite (59.95 per cent), chromite (98.4 per cent), coal (24.8 per cent) and manganese (67.6 per cent), which provide immense opportunities.