Tweet: Kelkar Committee officially called “Comm on Revisiting & Revitalising the PPP Model of Infrastructure Devpt.” Has to submit report by 31 Aug.
PPP revival gains priority: It is likely that the committee headed by former finance secretary Vijay Kelkar may recommend swift action on setting up of the advisory body, 3P India, to get PPPs back on track. 3P India was first mooted in finance minister Arun Jaitley’s maiden Budget of 2014 and allocated Rs 500 crore.
Tweet: Light at end of longer tunnel: CRISIL Report says “A meaningful recovery in capital investments will be visible from fiscal 2017.”
Investment turnaround arrival delayed: Capital investments have declined across 22 sectors, says ratings agency CRISIL. Private sector’s shares are set to fall another 8% this fiscal. Urban infrastructure, highways and renewable energy are the sectors that are preventing a bigger decline in overall investments.
Tweet: Rlys should tread carefully in using Swiss Challenge method for Station Devpt PPP. Transparency & competitive neutrality could be questioned.
Swiss challenge: Railways need to tread with caution: Experts are of the opinion that the Swiss Challenge method works best when it is applied to projects requiring innovative technology where the government lacks such capabilities. Success would depend on the Railways’ ability to demonstrate transparency and resolve issues relating to land acquisition and approvals.
Tweet: Applaud Coal Ministry for serving show-cause notice to Punjab & Karnataka Govts for appointing Mining Dev Operator in non-transparent manner.
Thumbs up for transparency: The coal ministry’s action of pulling up the Karnataka and Punjab power utilities for flouting procedures in the appointment of Mining Development Operators (MDO) sets a good precedent. The Union government is expected to come up with an advisory on such appointments.
Tweet: Power Regulators r reportedly exchanging notes on tackling the menace of Discoms resorting to more & more power cuts for commercial reasons.
The discom conundrum: As discoms are getting more and more stressed financially, they are treading the razor’s edge by trying to conserve available cash resources by purchasing less and less power because of their inability to pay power generators on a regular basis.
Tweet: Black hole: 8 states that had taken monies under central FRP in 2012 for Discom Revamping now apparently want more money & another 5 years.
FRP package has not yielded desired results: The states that received the Financial Restructuring Plan (FRP) package are knocking at the Centre’s door once again. If FRP support is withdrawn now, these states could be stuck with the discoms’ liabilities, thus further straining their finances.
Tweet: Moves afoot in Delhi Govt to have Trams in the Chandni Chowk area of old Delhi. Plan has been prepared by Delhi Metro. Good idea.
Trams to make a comeback in Old Delhi: The Delhi government has given the go-ahead for a 4.3-kilometre circular tram line in Old Delhi as part of the Shahjahanabad Redevelopment Plan. Traders in the area, however, are worried about the fall in customer footfall.
Tweet: Killer App: 43% accidents & 67% deaths involving Rlys occur at the 30,348 level crossings—18,785 manned and a huge no. 11,563, unmanned.
Railway crossings: Death traps: The shockingly high number of accidents at level crossings has become a cause of concern for the Railways. Proactive steps like the appointment of ‘gate mitras’ by Salem Railway Division to guide vehicle users at these crossings need to be implemented on a national scale, along with speeding up the construction of railway underbridges and overbridges.
—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