Avery colourful legend has it that during the construction of the railway line from Dibrugarh to Margherita by Assam Railways & Trading Co (AR&TC) in 1867, a herd of logging elephants returned to the camp with their feet covered in crude oil. Even as this led the AR&TC personnel to look for seepages, the site engineer, WL Lake, reportedly cried out in excitement to his workers, 'Dig boy, dig!' on coming to learn about it.
Tag: PwC India
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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.
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Still a work in progress
The GST regime will facilitate ease of doing business, but the government has to ensure that there is no adversarial impact on the infrastructure sector during the rollout, says PRATIK JAIN.
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GST… What´s in it for infra?
India´s ambitious infrastructure development plans hinge largely upon a successful transition from the current multiple taxes regime to the new uniform taxation code of the Goods and Services Tax (GST). Is the industry ready to meet the April 1, 2017 deadline? We do a status check...
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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Mahavitaran to buy power from consumers
To reduce wastage of solar energy and incentivise people to go green, Mahavitaran Ltd has introduced ´net metering´, a provision allowing house owners and office complexes to sell unused power generated by their photovoltaic units to the discom
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Aviation infrastructure still grounded
With a market size of around $16 billion, India is the ninth largest civil aviation market in the world today. During the Eleventh Plan period (2007-12), passenger traffic grew at a CAGR of 11 per cent
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Power & Renewables – Em-Powering the nation
The promising policies of the government have paved the way for growth, but there are funding, capacity, and manufacturing related challenges to brave before the ambitious targets can be realised.
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Gaining momentum
The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.
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Ultra-modern ´godowns´
Warehousing market is pegged at Rs 56,000 crore and is expected to grow annually at an average rate of 8 to 10 per cent over the next 5 years to reach a level of 1500 to 1600 million sq ft by 2020.