As a special purpose vehicle (SPV), the Indian Railway Stations Development Corporation (IRSDCL) is responsible for executing the largest transit-oriented development (TOD) programme globally for 600 railway stations.
Tag: smart cities
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TIME RIPE FOR Greenfield!
A greenfield smart city is a clean-slate approach towards urban growth, something that helps prepare for a new future. Two main issues that need to be addressed today a comingofage population that needs employment, and a place for them to live while they work.
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SMART CITIES MISSION is a Go!
A few days back, a reputed Indian daily news paper carried a misleading article on smart cities, Only 22% funds utilised in six Housing Ministry schemes, triggering a widespread speculation over actual progress of the Smart Cities Mission.
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Accelerating Infrastructure Projects
Over the past 10 years, India has successfully executed projects such as the Golden Quadrilateral road programme and port expansion projects in the country.
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India is a key market for EDF
Marianne Laigneau, Group Senior Executive and Vice President- International Division, ElectricitT de France (EDF), believes that India and France see eye-to-eye on fighting global warming and in making low carbon energy choices. 'Our company's strategy in India,' she says, 'ĂÂ is in line with the vision of the Government of India of generating 40 per cent renewable energy by 2030, and we look forward to a long-term partnership with the government and other Indian stakeholders, mainly on three pillars.'
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The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
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Smart Cities: Financing Challenges
In the next five years, special purpose vehicles (SPVs) will be spending around Rs.1,631 billion on projects conceived under area-based development and Rs.388 billion on pan-city development.
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Utilities space to witness significant disruption
Utilities will have to take intelligent decisions in terms of providing, managing and sustaining themselves in the wake of copious amounts of data that get generated by smart grids of the future. Analytics will play a fundamental role in grid asset maintenance and optimisation.
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People-centric approach a necessity
The development of India's Smart Cities has to be people-centric if the programme has to succeed in the long-term, a cross section of experts opined. This will entail smarter use of available resources and technologies to improve both infrastructure and service delivery in areas proposed for such development.
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Structuring and Framing Big Data Sets Require Devoted Machine Learning
Right now, there is a proliferation of big data that can be used for a myriad of purposes. Unfortunately, without a structure in which to organise big data, its full potential can often be overlooked.