Funding for inland waterways The Haldia-Varanasi project is envisaged as $800-mn Jal Marg Vikas Project. While $380-mn will come from budgetary sources and bond issue, $45-mn will be raised through PPP.
Budget 2018: Finance minister Arun Jaitley informed that in 2018-19, for creation of livelihood and infrastructure in rural areas, the total amount to be spent by various ministries will be Rs 14.34 lakh crore, including extra-budgetary and non-budgetary resources of Rs 11.98 lakh crore.
NIIF does well in forming a joint platform with Dubai-based DP World to invest in ports, terminals & logistics.
As per a report by Centre for Asia Pacific Aviation, at 45.2 million passengers a year, the Mumbai airport is handling 94% of its capacity. It is expected to get saturated this year.
India doesn’t have a sovereign wealth fund, unlike Singapore, which has used it to fund iconic infra projects, promote domestic companies abroad, and increase govt revenue.
Changes to model concession pact allow developers to divest 100% of their equity after two years of completion of commercial operations. Rent for additional land has been reduced from 200% of applicable scale of rates to 120%.
During FY14 to FY17, passenger traffic shot up by 57%; craft traffic went up by 33%. India needs to treble airports capacity.
Rly procurement processes: Aggressive cleanup of decades of cosy relationships between procurement arms of railways and suppliers getting shaken up thoroughly.
UP charging ahead with power reforms While BPL will get free metered connections under Centrefs Saubhagya scheme, APL will be charged Rs 500.
Hyundai Electric has built a 150 MW storage system in a $45 million contract for Korea Zinc in South Korea. A $160 million generation-cum-storage park is being set up in the US.
The UDAN regional air connectivity initiative is throwing up a bunch of outcomes ~ a burst of demand for smaller aircraft, sudden appreciation of land values around new airports, creation of service sector jobs & increasing tourism potential
Good move to give Infra Status to logistics sector. Was long overdue and clearly justified for hard investments in warehousing, logistics parks, cold-chains, inland container depots, dry ports, railway freight terminals et al. Reduces interest costs & enables borrowing from IIFCL Infra status for logistics will help exports: Logistics cost of Indian exports is high, […]
UDAN flying high Airlines could connect 116 airports and helipads, including 49 un-served and 15 under-served airports and 24 helipads, on these 502 routes.
Land acquisition costs have risen from Rs 0.9 crore/hectare in FY14 to Rs 2.05 crore in FY16, with the sharpest rise in Maharashtra, Punjab and Haryana. For 22 states, the compensation paid for land acquisition has risen from Rs 9,027 crore in FY15 to Rs 19,600 crore in FY17.
Double-digit growth over three years and growth projections—CAPA estimates traffic and volume of business at airports will exceed capacity by 2022, and capacity must be created to handle 500-600 million flyers by 2030—show airport expansion has to happen over shorter time-frames.
Insolvency and Bankruptcy Code, tackle errant borrowers, errant borrowers, NPAs, demons of NPAs
$1 billion worth of Divali greetings from AbuDhabi. Nat Inv & Infra Fund signs investment agreement with ADIA. Great start to Samvat 2074 !
Railways has moved up the LHB coaches production target to 5,000 from earlier 2,435.
Railways will spend over Rs 15,000 over the next year on improving safety. All high density stations will get more elevators and foot-overbridges.
Railways is offering 400 stations to private sector to modernise, with minimum investment of Rs 1 lakh crore.
UDAY laggards mar scheme Eight states including Bihar, Chhattisgarh, Rajasthan, UP and J&K have registered higher AT&C losses after joining UDAY.
100 of the largest Indian cities need $15.4 bn for purchasing 150,000 new buses and developing transport infra.
Success of Cochin Shipyard IPO leads to renewed energy & enthusiasm to build larger ships incl LNG carriers.
Achievements in Transmission have indeed brought India closer to dream of ‘One nation, One grid, One frequency, One market’
The policy states that metro projects will only be approved and aided by the Centre if there is pvt sector participation and last-mile connectivity.
The Indian aviation industry is set to become the third-largest in the world by 2020.
Urban transport revolution set to sweep across India : Nearly 50 Tier II cities to soon have modern metro systems, as per govt blueprint