Tweet| Historic: Nat Load Dispatch Centre data for May 24 shows that 21% of the country’s total electricity demands that day was met by wind+hydro.
Wind, hydro share increases significantly
Wind power generation capacity has increased by 3,000MW over the last year. Combined with hydro power, the share of these two renewable energy sources in the country’s electricity mix has increased significantly.
Tweet: Asset Recycling ~ relevant & correct strategy now: Infra PSUs to divest operating assets and use freed funds to develop new projects.
Making way for PSU operational asset sales
While NITI Aayog will submit a plan on divestment of government stake in certain PSUs, the government is encouraging CPSEs to look at options to divest specific operational assets, releasing their value for making investment in new projects.
Tweet: 2 years into NDA Govt, the new Civil Aviation Policy is still awaited. How much more debate and discussion?!
Civil aviation policy take-off delayed further
Civil aviation policy roll-out has suffered setbacks but officials have dismissed criticism about the delay. According to an unnamed senior official, the ministry ‘overestimated’ its ability to bring together all stakeholders on board in a short time.
Tweet: CMIE: Lack of clearances, land acquisition no more key issues in stalled projects—but lack of promoter interest, funding & mkt conditions.
Lack of private investment chief reason for stalled projects
According to CMIE, in 2015-16, only 9% of projects were stalled due to lack of environment and non-environment clearances, and raw material supply problems, as against 33% in 2014-15. However, 33.9% projects stalled due to inadequate promoter interest, compared with just 2.4% in the previous fiscal.
Tweet: Laudable: Not just Chabahar Port. Iran-India Agreement also includes 1,380-km railway line from Chabahar to Zahedan at Iran-Afghan border.
Iran-India ties on track
The agreement to build a railway line includes providing $400 million worth of steel tracks. Apart from this, the Iranian President is also keen on Indian investment of up to $8 billion for the development of infrastructure in Iran.
Tweet: TRAI introspects why wi-fi in public places has not yet been successful. Examining architecture that will be seamless & finance sustainable.
Exploring a new public Wi-Fi model
Trai will start consultations to explore a sustainable model for Wi-Fi in public places. BSNL has installed 2,505 Wi-Fi hotspots across India till March 2016.
Tweet: Get ready for your first ride in Ahd-Mumbai Bullet Train 7 years from now. @sureshpprabhu says will be ready in 2023.
Bullet train to start operations in 2023
The 508-km Ahmedabad-Mumbai high-speed rail corridor—with a 21-km tunnel under the sea—will cover the distance between the two cities in approximately two hours at a maximum speed of 350kph and operating speed of 320kph.
Tweet: Hopefully the beginning of a much-needed Bijlee Bill Payment Abhiyaan. Haryana CM makes public appeal for clearance of electricity dues.
Haryana’s electricity bill payment woes
Haryana chief minister Manohar Lal Khattar said that had the power utilities not suffered losses due to non-payment of power bills, additional development work of up to Rs 400 crore would have been undertaken.
Tweet: With 33 cities announced as SmartCities, action now shifts to them setting up SPVs, building organisation, raising funds and projectising.
33 cities gear up for action
The urban agglomerations that have successfully bid for the ‘Smart City’ tag and central seed funding now face the challenge of attracting private sector funding. The 20 cities chosen in the first round are expected to spend Rs 48,063 crore on projects and the 13 in the next round, Rs 30,229 crore.
—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