New projects will boost investors, writes Amitava Chatterjee, SBI CAP Banks have largest exposure to the power and road sectors amongst the infrastructure sector. Further, presence of projects under NIP and Gati Shakti program will substantially boost the confidence of investors to such an extent that it may attract participation from the private banks and...
Tag: Prime Minister Narendra Modi
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Gati Shakti will catalyse economy, affirm infrastructure experts
Timelines for DPRs and land acquisition of projects will also be shortened Mega projects like Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport among others are likely to witness economic benefits with the implementation of Gati Shakti as timelines for DPRs and land acquisition have been shortened stated experts at...
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BOT operators of ports ask govt to resolve issues in port policies
BOT operators at major ports handling a single commodity have urged the Ministry of Ports, Shipping and Waterways to address issues with port policies that are affecting their operations.Since Prime Minister Narendra Modi announced the Atmanirbhar Bharat Abhiyan to make India self-sufficient, the government has implemented reforms and policy changes to reduce India’s reliance on...
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Cabinet Approves Model Tenancy Act
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Model Tenancy Act for circulation to all states and union territories for adaptation by way of enacting fresh legislation or suitable amendment of existing rental laws. The act will help overhaul the legal framework for rental housing across the country to help spur...
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PLI Scheme Approved for High-Efficiency Solar PV Modules
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of gigawatt (GW) scale in high-efficiency solar PV modules with an outlay of...
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India Takes Major Step Towards Creation of Regional Power Grid
In a major stride towards creating a robust regional power grid, the country’s largest power trading platform, the Indian Energy Exchange (IEX), has commenced the cross-border electricity trade (CBET). This maiden initiative will help energy exchanges based here progressively extend their reach beyond India’s territorial boundaries to not only countries of South Asia but also...
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Will appoint oversight committee from private sector to drive change
Nitin Gadkari, Union Minister for Road Transport and Highways is upset with cement cartelisation and faulty detailed project report (DPR) preparations and has set a roadmap for stepping up road construction pace and quality in surface material with innovative mixes. Speaking exclusively to Pratap Padode, Editor-in-Chief of ASAPP Info Global Group at the ‘InfraNirbhar Webinar...
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