Tweet Delhi choking: Makes economic sense for farmers to burn post-harvest stubble rather than hire expensive labour. Public policy challenge.
Threat to public health in the capital
The national capital is witnessing the worst case of smog and haze in the last 17 years. Authorities called emergency meetings as air quality continued to remain at alarming levels in Delhi-NCR because of calm winds.
Tweet Railway Electrification programme has potential to fire up order books amongst a select set of PSUs & pvt cos. 24,000 kms in next 5 years.
Railways fast-tracks electrification
Railways’ ambitious plan of electrification of routes is aimed at running trains in a faster and cleaner way. It will also drastically cut the national transporter’s energy bills.
Tweet States getting savvier: Kerala Infra Investment Fund to float bonds & raise Rs 50,000 crs. Others raising directly in project SPVs.
Kerala focuses on funding
The Kerala government had amended the Kerala Infrastructure Investment Fund Board (KIIFB) Act to raise R50,000 crore outside the budget to finance mega infrastructure projects. The objective is to roll out KIIFB-funded projects before the end of the financial year.
Tweet Coal Secy @swarup58 does well to warn that even a 6-7% increase in PLFs of power plants could lead to surplus coal situation disappearing.
Power plants cut down on coal stocks
Coal Secretary Anil Swarup has expressed concern over stagnant production and thermal plants reducing coal stocks to 15 days as against 22 days.
Tweet Too long !! TOI reports that DFC has now awarded the last of the contracts for Dadri-Mumbai link 11 years after project was announced.
DFC: All decks cleared
All contracts for the construction of the R81,450 crore Dedicated Freight Corridor project have finally been awarded. Land acquisition and clearances have been the biggest challenges.
Tweet Completely unacceptable for regulatory system to take 4 years to arrive at a decision on ‘compensatory tariff’ for imported coal projects.
The decision on the legitimacy, or otherwise, of allowing a competitively bid tariff to be revised upwards on account of increase in imported coal prices has been a challenge for the power regulator. The Supreme Court has suggested that ‘force majeure’ is the only condition to be considered.
Tweet Smart: NBCC to redevelop 10 rly stations. Has demonstrated ‘the art of the possible’ by creating New Moti Bagh from land sale to Leela.
Ten stations to get a makeover
The state-owned National Buildings Construction Company will revamp ten railway stations at an estimated cost of R5,000 crore. Corporations participating in this initiative in the first phase would redevelop core infrastructure such as platform, lounges, ticket counters, etc. in exchange for exploitation rights of the stations’ land bank for 45 years.
Tweet With PPPs facing headwinds, reassuring to see GMR’s Male Airport awarded $270 mil thru international arbitration for unjust termination.
Arbitration favours GMR
Following the cancellation of an airport development contract by the Maldives government, an international arbitration tribunal has awarded compensation to GMR. It will cover the debt, equity invested in the project and a return of 17% besides termination payment and legal costs.
– Vinayak Chatterjee is Chairman of Feedback Infra
His Twitter handle: @Infra_VinayakCh
A weekly selection of the author’s tweets—
with a brief backgrounder—in the infra space, by Adite Banerjie