Nandan Yalgi, Managing Director, Boxco Logistics India Pvt Ltd, lauds the efforts of the Ministry of Shipping in launching port-led development projects that will eventually bring down logistics costs across the country.
Tag: Rahul Kamat
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Sagarmala can save upto Rs.40,000 cr per year on logistics spends
The Union Budget of 2017-18 has laid a 25 per cent increase in allocations for infrastructure over last year. There has also been a renewed focus on transportation, development of port infrastructure and its automation.
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There is no dearth of funds in the solar sector
KS Popli, Chairman and Managing Director, India Renewable Energy Development Agency (IREDA) maintains his calm even when he encounters tough questions. With a $100 million fund tie-up for the solar sector, he is awaiting the right, financially-viable projects to fund.
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DMICDC has the required land in possession for Phase 1
Planning and implementing a project of the Delhi-Mumbai Industrial Corridor stature is not everyone's cup of tea. But, Alkesh Sharma, CEO and MD, Delhi-Mumbai Industrial Corridor Development Corporation Ltd (DMICDC), is a man of action.
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We have awarded Rs.7.50 lakh crore projects in three years
We are planning to raise Rs 2.9 lakh crore from the equity market, Rs 1.06 lakh crore from private investments and Rs 2.19 lakh crore from Central Road Funds (CRF) or toll-operate-transfer (TOT) or toll road (BOT) projects.
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We need more govt involvement to start stuck projects
If you look at the current state of power generation projects in India, we have around 40-45 GW of stranded capacity. Of this, around 10-15 GW of capacity is operational, but unable to generate any power due to lack of Power Purchase Agreements (PPAs).
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By 2025, we will have 250 km of metro network in Karnataka
The project is progressing well. Currently, we are operating North-South and East-West that span over 42.8 km with a ridership of more than four lakh commuters every day.
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Infrastructure assets provide better risk returns
If the Indian economy needs to sustain its growth momentum in the coming decade, developing world-class infrastructure facilities is of paramount importance. Traditionally in India, a significant portion of debt requirement for financing infrastructure has been met by borrowing from domestic banks.
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Port of Opportunities!
With an outlay of Rs 1,773 for the year 2017û18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.
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We expect 13 million ridership by 2041
Project delays, time and cost overrun in infrastructure projects, delays in regulatory approvals and contractual disputes are some of the challenges faced in implementing a project in India.