India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements and sustainability initiatives, driving economic growth and setting global standards. India’s journey in transforming its road infrastructure is a tale of evolution, innovation, and collaboration, reflecting a significant shift from traditional government-led projects to a dynamic, inclusive framework involving public-private partnerships (PPPs). This transformation,...
Tag: Shapoorji-Pallonji
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The Road to Inclusive Development
A smart city is not only about cutting-edge technology, gadgets guiding your lifestyle or using ICT (Information and Communications Technology) but also to string together a man-machine interaction that will drive our socio-economic engagement in the society.
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Contractors shortlisted for 22-km Mumbai Trans-Harbour Link project
The Mumbai Metropolitan Region Development Authority (MMRDA) has shortlisted 29 contractors for the three packages of the 22-km Mumbai Trans-Harbour Link (MTHL). The authority has shortlisted seven contractors each for the first two packages and 15 for the third package.
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Steel and style
Pre-engineered buildings (PEBs), a popular concept in North America and Europe, have been gaining momentum in India also, since their entry 15 years ago.
The major reasons behind the growth of PEBs are reduced construction time, faster occupancy, earlier returns on investment, reduced labour at site, architectural/design flexibility, eco-friendliness and easy installation and maintenance
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Finally the Cure?
Long term financing has been ailing the infrastructure sector making alternate non-banking financing options like Infrastructure Debt Funds (IDFs) more viable. Rahul Kamat and Garima Pant explore the IDF environment in India. The yawning infrastructure gap in the country is seeking closure to unleash its locked growth potential.
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Afcons eyes bigger LNG projects
Afcons Infrastructure, which has completed the engineering procurement and construction (EPC) work on the Kochi LNG terminal, is now looking for more such projects in this space. Afcons was the only Indian company at Kochi involved in the construction of the terminal facility, besides CTCI Corporation from Taiwan and IHI of Japan.
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SBI Macquarie buys stake in tollway for Rs 275 cr
In a Trichy road project, SBI Macquarie Infrastructure Trust has bought 74 per cent for Rs 275 crore. The road project stake has been developed by IJM of Malaysia and Shapoorji Pallonji.
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SP Ports, HPCL to form JV for Rs 50 bn project
SP Ports Pvt Ltd and Hindustan Petroleum Corp (HPCL) would soon sign a 50:50 joint venture agreement for setting up a liquid natural gas (LNG) terminal at Chhara in Gujarat. The state-run HPCL and the Shapoorji Pallonji group company would invest about Rs 5,000 crore on the terminal project, which is intended to
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IRB, SBI Macquarie may buy full stake in road projects
GMR InfrastructureÂ’s Farukhnagar-Jadcherla highway project, Shapoorji-PallonjiÂ’s Ulundurpet-Padalur stretch, and MVR InfraÂ’s Omallur-Salem-Namakkal road project will see a change in ownership soon. New investors have acquired a 74 per cent stake in these projects. Following the Cabinet Committee on Economic Affairs decision to relax exit norms for existing promoters, the new investors will now look to buy the entire stake.