Bonanza for cash-hungry real estate
New norms released by the Insurance Regulatory Development Authority are likely to bring in a huge bonanza for cash-hungry real estate and infrastructure developers. An estimated R600 billion is expected to be raised this year.
Hope it helps: World Bank gives R1150 cr loan for Nat Hydrology Project to reduce vulnerability by better forecasting of floods & droughts.
Flood of funds from World Bank
The R3,769 crore National Hydrology Project is aimed at equipping institutions with real-time flood forecast systems across the country. The project is scheduled for completion by 2023-24.
Like ship-breaking, the dismantling & disposal of old thermal power plants set to become a sizeable business. 56,000 MW soon in reckoning.
New opportunity in dismantling of old power plants
There is a new business opportunity in the decommissioning and effective disposal of old thermal plants. Nearly half of the thermal plants are over 25 years old and are fast approaching the end of their useful life span, which is 40 years.
If Mr. Gadkari can seek to raise R50,000 crs by TOT of NHAI-owned roads, why can’t Ministers in other domains plan similar Asset Recycling?
Roads ministry shows the way
Pension, sovereign and private equity funds may invest in the 75 road projects to be bid out in the toll-operate-transfer (TOT) mode. Officials of the National Highways Authority of India (NHAI) have indicated that the bidding process may start as early as April.
‘Waste to Energy’ gathering momentum. Heartening to see commissioning of Ramky’s R650 cr 24 MW plant in Delhi. Tariff fixed at R7.03/kWh.
Pushing for waste power
The plant combusts 1,200-1,400 tonnes of waste with 2 MSW combustors each of 600-800 tonnes and electricity generation capacity of 24MW. The processing facility has a capacity to treat 2,000 tonnes of garbage per day.
Why do traffic projections in road/metro feasibilities go so wrong? Understand Bandra-Worli Sea Link traffic is 1/3 original estimate.
Sea Link traffic does not match up to estimates
Data from the toll collecting entity shows that, on an average, 37,336 vehicles use the Bandra-Worli Sea Link every day, which is much below the original estimate of 1,20,000 vehicles. As a result, in the ten months to January 2017, toll revenues amounted to R84.73 crore.
Another city will soon have Metro Rail. Kochi Metro set to commence operations from April. Great to see this movement across Indian cities.
Kochi readies for metro operations
The first phase of the Kochi Metro will be inaugurated in April after it gets the nod from the Commission of Railway Safety. There are 11 stations along the 13-km stretch from Aluva to Palarivattom.
Electric vehicles: 25,000 sold in India per annum vs China’s 42 mill. Battery life, poor roads, long distance serviceability key factors.
Electric vehicle sales hit a speed bump
Only 2 million two-wheeler electric vehicles have been sold in India, compared to China’s 42 million per year. Apart from poor quality batteries, withdrawal of government subsidies for three years also impacted the industry’s prospects.
—Vinayak Chatterjee is Chairman of Feedback Infra
His Twitter handle: @Infra_VinayakCh
A weekly compilation of the author’s tweets—
with a brief backgrounder—in the infra space, by Adite Banerjie