Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
In the HAM of a Dilemma
There is a need for a quick and efficient dispute resolution system
The potential growth in the Indian infrastructure sector presents a promising investment opportunity for private sector players, including foreign investors, says Abhishek Goenka, Partner, PwC India.
There is a need for the regulator to get more teeth
Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.
Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.
Revisiting Dispute Resolution Mechanisms
The private sector brings with it the benefit of private funding of the projects and efficiency of operations. Â´Public-Private PartnershipÂ´ (PPP) has been a relatively flourishing model for infrastructure development in India.
PAC wants PPP projects under CAG
The Public Accounts Committee strongly favours empowering the Comptroller and Auditor General to examine investment, expenditure and profit aspects in public-private-partnership (PPP) projects.
Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
Rs.50,000-cr port projects in pipeline
The Shipping Ministry is overseeing 33 projects worth Rs.32,000 crore, while 45 projects with an investment of around Rs.18,414 crore are under operation, Parliament was informed in late February.
If you fail to plan, you plan to fail
The major challenge today for greenfield projects is to ensure that the project is delivered within time and budget and to the required quality. As an international project management, quantity surveying and cost management company, we bring years of experience from multiple locations around the globe to emerging economies like India.
PPP projects 33percentage of total capacity of major ports-CAG
PPP projects have contributed only 33 per cent to toital capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.