Public-private partnership
During the inauguration of the connecting bridge between Sampige Metro station and Mantri Square Mall on Wednesday, BMRCL Managing Director Pradeep Singh Kharola said that this station is one of the most successful examples of Public Private Partnership (PPP) model and it would be replicated in other stations as well in the Namma Metro Phase [...] Continue Reading »
The Union Govt earmarked an amount of Rs 7,060 crore, in the Budget 2014-15, for developing 100 smart cities in the coming years; thereby underscoring that efforts are underway to revive the country’s infrastructure investment. For achieving its plans with regard to infrastructure investment, the Govt will consider existing models like public-private partnership and infrastructure [...] Continue Reading »
The government on Monday said that it has shifted its focus to the EPC (Engineering, Procurement and Construction) route for road building. This happened at the backdrop of the developers not showing interest in the PPP (Public Private Partnership) mode. There were 21 projects bid under PPP and they did not receive favourable responses from the [...] Continue Reading »
The government wants to give a thrust to the nascent municipal bonds market. It has identified it as one of the ways to raise finances for infrastructure, including creation of 100 smart cities proposed in the FY15 budget. A government official mentioned that the government has options like PPP (Public- Private Partnership), infrastructure bonds, etc. [...] Continue Reading »
Gujarat government has been in newsflash for its several ambitious projects. The idea to connect each village of the state with a road network is one of such aspiring schemes. The government has decided to indulge non-government organisations for funding of these schemes/projects. Nitin Patel, Gujarat State Road and Building Minister announced the agenda during [...] Continue Reading »
Arun Jaitley, the finance minister did the curtain raiser for the budget though the Economic Survey FY14 in the Parliament. The government is all set to provide boost to the farming sector, infrastructure financing, energy and taxation. Leading by example, Jaitley may announce a central goods and service tax (CGST) that combines excise duty and service [...] Continue Reading »
The Road Transport and Highways Ministry apparently wants that concrete cement should be used in place of bitumen, in fully Government-funded projects and public-private partnership (PPP) road projects. Towards that end, the Ministry is reportedly mulling the option of making the use of concrete cement obligatory as part of the bid for such projects. The [...] Continue Reading »
All the eyes are on the current budget as after a few years of slow economic growth and poor GDP, the industries and the general public is looking at the maiden budget of the Modi led government with a lot of expectations. The finance companies and analysts are speculating that the infrastructure sector is expecting a [...] Continue Reading »
The new road transport minister Nitin Gadkari had recently taken the initiative to ask the National Highways Authority of India to speed up the process of completion of more than 24 projects which are currently moving at an extremely slow rate. He did this while trying to revive the highway sector. According to reliable sources, [...] Continue Reading »
The developers belonging to the sector of infrastructure want the Government to make sure that the funds are secured and available for a long period of time. They also want banks to be lured enough to borrow. The reason behind this is that the government has established and used several projects over the past decade [...] Continue Reading »
