Increasing lease period frm 45 to 99 yrs for PPP format of d Station Redevelopment scheme is a practical & positively impactful decision
A longer station redevelopment lease
Railways is offering 400 stations to private sector to modernise, with minimum investment of Rs 1 lakh crore. Stations will be bid on the Swiss Challenge method; companies winning bids can build commercial complexes in ancillary space to recover investment.
End of monopoly? SAIL likely to lose position as only supplier of rails, as it struggles to go beyond 70% of committed supplies to Rlys
No smooth SAIL-ing
Against Railways’ FY18 requirement of 1.46 MT, SAIL has committed only 1.14 MT. For the remaining 300,000 tonnes, sourcing from private steelmakers through a tender is an option. Railways, hit by incidents of derailing, needs steel to modernise tracks.
PPP push for affordable housing: Govt trying hard to motivate private sector to get more involved. Buffet of 6 PPP schemes on offer
Attractive PPP bouquet for affordable housing
A central assistance of `1.5-2.5 lakh per housing unit to buyers who purchase from private builders constructing house on private lands. New policy outlines eight PPP options, including six for private builders constructing houses on government land.
BHEL takes strides to stay relevant. Diversifies product portfolio. Adds rail-metro coaches, & now keen to get into rly electrification
BHEL gets on Railways-biz track
Railways has launched Mission 41k to save Rs 41,000 crore by electrifying 24,000-km of track. BHEL chairperson has written to the Railway Board asking BHEL be considered for electrification of 1,000-km initially.
Green on white route: Himachal starts 25-seater electric bus service on Kullu-Manali-Rohtang Pass route. Should see more green routes
Himachal gets electric transport solution
Each bus that Himachal has procured can run up to 200-km on a single charge and recharged in four hours. Given how road transport & highways minister Nitin Gadkari has asserted the govt’s focus on electric vehicles, more states may follow suit.
At the cost of sounding like a stuck record, steps for reviving pvt sector investment in infra are clearly laid down in Kelkar Comm Report
Fill out Kelkar prescription for infra investment
The committee had recommended a rational allocation of risks among stakeholders in a PPP, apart from modifying the anti-graft law to differentiate between corruption and genuine errors of judgement.
Operationalisation of India-developed Chabahar Port in Iran by 2018 (as expected now) indeed a geo-political brownie point for India
Partnering Iran at Chabahar
Iran will apply to Exim Bank of India for first tranche of loan from $150-million credit line India holds. India is also helping build $1.6-billion rail link that connects Chabahar port with Iranian city of Zahedan, on the border with Afghanistan.
Uplifting: Chardham (Kedar, Badri, Yamunotri, Gangotri) highway project now set to take off with NGT overruling environmental objections
Chardham Road project’s hurdles cleared
Uttarakhand and BRO have assured NGT environmental laws will be complied with, including the Bhagirathi Eco-Sensitive Zone notification of 2012. The 900-km road project is important both from infrastructure and strategic PoV, given proximity to China.
A weekly collection of the author’s tweets—with a brief backgrounder—by Sarthak Ray