Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.
Azure Power, a leading Indian has announced that it has won a 50 MW solar power project under the National Solar Mission (NSM) solar power producer,Phase II, Batch III, which was recently put up for auction by the Solar Energy Corporation of India (SECI).
Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.
The Central government approved Smart Cities Mission involves the development of one hundred smart cities in India. One of the most important elements of smart city infrastructure is economical and environment friendly mass scale rapid public transport system.
There are cities like Delhi, Kolkata, Chennai, Bangalore, etc., where the metro rails are already operational and the construction work is underway for further expansion of the existing metro network. Then there are cities like Hyderabad, Lucknow, Kochi, etc., where the project execution is underway for their respective maiden metro projects.