The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit
Tag: Rahul Kamat
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Monitoring contractual obligations is the next big thing for India
Indeed. From the mid-1990s, where we started with private sector involvement with power generation, and subsequently into mobile telephony and transport sector in the mid-2010s, we are easily the worldĆĀ“s largest PPP market. India has travelled a long way.
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We are mechanising all our mines for better turnaround time
The Ministry of Coal (MoC) is targeting coal production of 1.5 billion tonnes. Of this one billion tonnes will come from Coal India Limited (CIL) and the remaining 500 million tonnes will come from non-CIL sources, particularly from the mines that are presently being auctioned or allocated to non-Coal India entities.
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We are deploying projects worth over Rs.10,000 crore in Rajasthan
Being one of the leading states in implementing schemes backed by the Centre, Rajasthan is always in the forefront, whether it is for energy efficiency or municipal reforms.
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Govt to expedite 60 rail link projects: Anil Sawrup
In an attempt to arrest the last mile connectivity impediments, the ministry of coal with the help of the ministry of railways, will expedite 60 rail link projects.
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Budget 2015: The chinks and the missing links
Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
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Ease of doing business in India has assumed priority
Generally, projects that are bankable do not face problems in obtaining financing. Of course, there are issues relating to the sector exposure, promoter commitments, etc. But these are exogenous to issues of bankability and will need to be dealt with separately at a macro level.
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5/25 scheme may benefit projects with stable cash flows
We must understand project finance in the traditional sense. Project finance works only when all material approvals for a particular project are in place and the same is then handed over to a successful bidder like the bidding for UMPP was done in India. The bidder can then straightaway proceed for financial closure. This will ensure there are no time and cost over-runs on account of delay in approvals.
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Second phase of GIFT after Vibrant Gujarat
Yes, it is expected that several Dubai-based organisaĆĀ”tions are keen to develop the Gujarat International Finance Tec-City (GIFT City) project. During the visit, we have met authorities of Dubai International Finance Centre (DIFC), Dubai Multi Commodity Centre (DMCC) and Dubai Metro, with a view to develop GIFT City as a global financial hub.
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India requires a deep market for IDFs to be tradable
I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.