Sunil Srivastava, Managing Director, Balaji Railroad Systems Ltd, comments on the dismal state of the Indian Railways, delayed projects, and the government´s role in improving the sector.
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: Special Purpose Vehicle
At the high port
With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015
SPV for greenfield airport at Bhogapuram
A special purpose vehicle (SPV) has been formed for the development of the proposed greenfield airport
Giving impetus to urban infrastructure
This article sheds light on the implications of the applicability of the Minimum Alternate Tax (MAT) regime to the REITs (and the exemption there from) in the context of boosting affordable urban infrastructure.
Cabinet approves formation of SPV to major ports
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
SPVs for each smart city
A Special Purpose Vehicle (SPV) will be created for each smart city, Urban Development Minister M Venkaiah Naidu said. Infrastructure deficit will be bridged by retrofitting of identified areas of a city and re-development of areas which are not amenable to retrofitting, a statement from the Ministry said.
Govt moots SPV for rail line project
The Kerala government would explore the possibility of forming a project-specific Special Purpose Vehicle (SPV) to implement the proposed Nilambur-Sulthan Bathery-Nanjangud rail line project by bringing in private sector and foreign partners with requisite expertise.
SPV for coal block development in Odisha
The Jammu and Kashmir state cabinet has approved the formation of a Special Purpose Vehicle (SPV) for development of the coal block at Kudnali Laburi, (Talcher) in Odisha allocated jointly to JKSPD and NTPC by the Union Ministry of Coal.
Exit policy faces hurdles
The Union Government, which had announced the exit policy for highway projects in last July, has now said that the policy does not require any reworking. With this, the exit policy to release the much-needed equity into the sector, has hit a fresh hurdle. As per the policy of the National Highway Authority of India (NHAI), concessionaires could be substituted after approval from lenders and a new special purpose vehicle (SPV) would be formed to take over the project.
Govt to set up SPV for manufacturing advanced aircrafts
A High-Level Committee, headed by Prime Minister Manmohan Singh decided to set up a Special Purpose Vehicle (SPV) for development and production of a civilian aircraft, of a 70-100 seater range. According to the proposal, the proposed SPV would gain design capabilities from National Aerospace Laboratories (NAL), Hindustan Aeronautics Limited (HAL) and other institutions in