The country’s largest integrated power utility, Tata Power on Thursday announced the takeover of the management and operations of Odisha-based power distribution utilities WESCO and SOUTHCO upon completion of the sale process.

While a sustained low-interest-rate regime is a challenge for operational HAM projects, the bank rate is expected to remain at low levels as the RBI monitors the situation to revive growth and mitigate the impact of COVID-19.

Nearly $1.4 trillion investment is needed for infrastructure development in India. The revival and strong performance of the infra sector is key to achieve the ambitious target of $5 trillion economy set by Prime Minister Modi for 2025. By MANJU YAGNIK

Infrastructure Today has completed yet another milestone with over 14 years of coverage on a sector which can make or break the India development story.

Policy actions to revive stalled projects, expedite approvals, introduce hybrid annuity and toll-operate-transfer (TOT) models in highways, and sustain rapid growth in renewable capacity augur well for the infrastructure financing landscape.

NTPC will take over Chhabra thermal power plant (1,000 MW) and Rajya Vidyut Utpadan Nigam (1,320 MW) in Rajasthan from Rajasthan Rajya Vidyut Utpadan Nigam (RVUN) and Rajasthan Urja Vikas Nigam (RUVNL) respectively.

The Smart Cities Mission ensures that systems and regulations that balance growth, business friendliness and public interest are in place, say Upendra Joshi and Shivanshu Thaplyal.

I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.

Kandla Port Trust (KPT) has secured the Kandla Container Terminal´s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank.