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.
Tag: VGF
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Piping hot
During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.
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Vizhinjam project gets Centre´s VGF
The proposed Vizhinjam deepwater port and international transhipment terminal in Kerala has become the first to be granted viability gap funding (VGF) by the Centre. A decision to this effect was taken at a meeting of an empowered panel under the Union Finance Ministry recently.
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Rs 100 bn sea link project finds no taker
Despite the 20 per cent viability gap funding offered by the government, no private player is ready to bid for the 22-km trans-harbour sea link road project connecting New Mumbai to Sewri. This is because infrastructure developers feel that the Rs 10,000-crore project is unviable as it involves high finance costs and lack of liquidity
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Govt receives 15 bids for Kushinagar airport project
The central government, which plans to build an international airport at Kushinagar, in eastern Uttar Pradesh, under the public-private partnership (PPP) model at an estimated cost of Rs 354 crore, received
15 technical bids. The department of economic affairs, union ministry of finance, has given inprinciple approval for viability gap fundi
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Infrascape 2012 | Finance: Brewing strain on debt servicing
For us the most active and fruitful sectors in 2011 were road and power sector. These sectors comÂprise a majority of our portÂfolio. I understand that even in case of commercial banks these two sectors form the majority of their infrastruÂcture loan book,
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It's not a bridge – it's a gamechanger
Mumbai Metropolitan Region Development Authority (MMRDA) recently issued Request for Quotation (RFQ) for the much-awaited trans-harbour link from Mumbai's Sewri and Nhava and Jawaharlal Nehru Ports, with further linkages to other ports.
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Expertspeak: Building in before bidding out
How can BOT contractors with NGVF improve their returns from highway investment? JD Stuart Macaskie itemises what measures the scheme should take to extract more financial and efficiency benefits.
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Expertspeak: How to determine premium
Planning and projection will be in sharp focus in an increasingly competitive environment while determining costs and benefits in NVGF road projects.