Indian Infrastructure

Discussion in 'Economy & Infrastructure' started by Naren1987, Jul 10, 2010.

  1. tangocharlie
    Offline

    tangocharlie Lieutenant SENIOR MEMBER

    Messages:
    742
    Likes Received:
    120
    Its good news, atleast we had started modernizing our railway. But who is the key technology partner in this project, is it indigenous project of some foreign assistance.
     
  2. layman
    Offline

    layman Colonel THINK TANK

    Messages:
    10,082
    Likes Received:
    2,095
    Country Flag:
    United States
    MMS has announced a Infrastructure build up for $1T for next 5 years, it is late but better late than never. Only worry is, can this development projects in turn raise the life of property people is left to be seen, Or will it only fill the coffers of the elite businessmen.
     
  3. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Kerala's high speed rail project to be on track soon

    Thiruvananthapuram: Billed as the biggest and most expensive infrastructure projects conceived by Kerala, a high speed rail corridor for India's first bullet train is one of the mega projects the state plans to implement.

    On completion, it will enable one travel from Kerala's capital Thiruvananthapuram to the state's northern most point Kasaragod in 142 minutes, covering a distance of 526 km.

    The project may sound unbelievable, especially in the case of Kerala lagging in industry and infrastructure development for decades.

    Estimated to cost Rs 1,18,000 crore on completion, the first phase is expected to cost Rs 43,000 crore. It will also be showcased in 'Emerging Kerala Global Connect' at Kochi from September 12-14.

    "If all preparatory works progress on schedule and the project starts by April 2013 as planned, the first phase is expected to be completed in five years and the second in the following two years. The whole project should be complete by 2020," said T Balakrishnan, CMD, Kerala High Speed Rail Corporation Ltd (KHSRCL).

    "Work of drawing up the Detailed Project Report is now on. Alignment study/survey has started; preparatory work on land acquisition has also begun. Recruitment of key personnel has begun," Balakrishnan,a former bureaucrat, told PTI.

    Nine stations are proposed initially - Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Kozhikode, Kannur Kasaragod and in the final stretch to Mangalore in Karnataka. Three more at Chengannur, Tirur and Thalassery, would come up at a later stage.

    The total corridor length (upto Mangalore) would be around 571 km and it will have two parallel tracks each in standard gauge systems, independent of existing rail network in Kerala.

    The government has appointed Kerala State Industrial Development Corporation as the nodal agency for the project, which could transform lives and economy by facilitating hassle free movement between cities and towns in "God's own country."

    "A public transport system of this dimension has so many advantages. Most important,it will help reduce traffic density and improve road safety," said KSIDC Managing Director Alkesh Sharma.

    "If you look at it as a purely financial project it may not sound viable since the financial rate of return is estimated at around 5.2 per cent. But it becomes viable and massively so, as an economic project.A high speed rail network covering India can boost economic growth rate by upto 1.5 per cent and then there will be incremental growth as distances come down," Balakrishnan said.

    The Delhi Metro Rail Corporation has prepared the pre-feasibility study and meeting at the PMO level has given the green signal to all departments concerned.An all-party meeting at the state-level to form a consensus has been very positive.

    "We have started discussing funding options with various agencies, including Japan's JICA and ADB. It's in the early stages and nothing has been finalized yet. However, during the Emerging Kerala event, we expect a lot of international companies and financing agencies to take part.The project will be discussed with them and more options may emerge from these discussions," said the KHSRCL CMD.

    The DMRC recommended model in the feasibility report is a Special Purpose Vehicle (SPV) owned by the Central and Kerala governments with Japanese participation. "But a final decision on this has not been taken yet and the government is keeping all options open, including PPP and hybrid models," he said.

    On the technology, he said it was not an issue at all as that was already available worldwide.

    "If we go by the DMRC recommendation, we can get it from Japan as a whole package, technology, funding, implementation everything. But it is also available elsewhere, in Europe, Korea and even in China, although the Chinese technology has not been fully tested and proven," he said.

    About the Karnataka government's response to the project which extends to Mangalore, he said they had welcomed it. "Karnataka actually wants it to be extended to Udupi, thinking it will attract greater traffic from Kerala, especially as a pilgrimage centre," he added.

    Kerala's high speed rail project to be on track soon - The Economic Times
     
  4. johngray
    Offline

    johngray FULL MEMBER

    Messages:
    64
    Likes Received:
    8
    I hope this project completes soon and all the citizen of Kerala take advantage of this service soon.
    But the main point to discusses is that the government is showing that this much out amount will be spend in this project.We don't have faith in government ministers and government employee.So exactly after the date of compilation of the project date a committee should made ask question to the government employee.
     
    Last edited by a moderator: Jul 4, 2012
  5. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Delhi-Mumbai Industrial Corridor one of 100 innovative global projects: KPMG

    NEW DELHI: The Delhi-Mumbai Industrial Corridor project has featured in a list of world's most innovative and inspiring infrastructure projects by consultancy firm KPMG.

    The list showcases 100 examples of great projects that are at different stages of development across the world.

    "A profile of Delhi Mumbai Industrial Corridor is now featured in the much-anticipated second edition of the Infrastructure 100: World Cities Edition," KPMG said in a statement.

    "This edition provides insight into infrastructure projects that make great cities, with a particular focus on the innovations that make them 'Cities of the Future' - places where people want to live and do business," it said.

    Of the 100 projects identified by the independent regional judging panels, 10 were selected by a global judging panel as being the most noteworthy within each project category, which included India project under Global Connectivity head, it said.

    The USD 90-billion Delhi-Mumbai Industrial Corridor project is aimed at creating industrial infrastructure along the Delhi-Mumbai Rail Freight Corridor, which is under implementation.

    "The World Cities Edition aims to identify the key challenges faced by cities globally and showcases hundred urban infrastructure projects that embody the spirit of innovation and stand as an inspiration to infrastructure participants and city leaders around the world," said Head, Infrastructure Advisory Group, KPMG India Arvind Mahajan.

    The statement said India is expected to witness large scale migration with almost 400 million people expected to move to urban centers in the next few decades.

    With existing cities and towns already densely populated, the creation of new cities and neighborhoods will be critical. Additionally, the burgeoning population of the country requires creation of 300 million new jobs in the next 25 years, it said.

    "The Delhi Mumbai Industrial Corridor aims to meet these challenges by creating globally competitive environment and world class infrastructure to activate local commerce, enhance foreign investment, create employment opportunities, enhance exports and attain sustainable development," it added.

    The projects showcased in the Infrastructure 100 are from five regions of the world -- Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.

    Projects were sorted under various categories, it said adding Delhi Mumbai Industrial Corridor was highlighted as part of the Global Connectivity alongside, Calgary International Airport (Canada), California High-Speed Rail, USA, Medina Airport, Saudi Arabia and Trans-Sumatra Toll Road, Indonesia among others.

    KPMG is a global network of professional firms providing Audit, Tax and Advisory services, operating in 152 countries.

    Delhi-Mumbai Industrial Corridor one of 100 innovative global projects: KPMG - The Economic Times
     
  6. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    God's own country Kerala to get its fifth, fully private international airport

    CHENNAI: In Kerala, they have their heads in the clouds and eyes on non-residents. A fifth international airport-and India's first wholly private one-is coming up in a state where no highway is more than half as wide as the National Highways Authority of India's standard minimum of 60 metres.

    No other state in the country has as many international airports. Tiny Kerala, where narrow roads are the norm due to lack of land, clearly bets its future on its vast army of non-resident Keralites whose remittances account for 31% of the state's GDP.

    Fittingly enough, the new airport is coming up at Aranmula in Pathanamthitta district, where a toy plane flown into a crowd could well hit a non-resident Indian.

    "It's going to be the most state-of-the-art airport in the state, with two runways and a taxiway," Gigi George, managing director of the Chennaibased KGS Group, the airport's promoter company, told ET.

    George said the company has got every clearance in hand and 750 acres have been acquired for the project.

    The Aranmula airport will be close to multiple tourism destinations such as Kumarakom, the backwaters of Alappuzha, and the high ranges of Kumily, the Thekkady tiger reserve, and most of all, the pilgrimage centre of Sabarimala Ayyappa temple in Pathanamthitta district.

    [​IMG]

    Kerala has international airports in Thiruvananthapuram, Kozhikode and Kochi, the last being a joint sector project. Another international airport is being developed under publicprivate partnership (PPP) in Kannur.

    Kerala State Industrial Development Corporation Executive Director TP Thomaskutty said the Aranmula airport project would be presented at the forthcoming 'Emerging Kerala' global investor meet in September. He said KGS Group had got some of the clearances for the project. Everybody is not convinced about the viability of a fifth airport in one of the tinier states in the country.

    "There are limits to Kerala's air traffic growth, because it is not an industrial economy. Road development in the state would serve more people better," said Abraham Joseph, a retired project engineer of Nedumbassery airport in Kochi, who has been associated with two other airports.

    "Even the Kannur airport is one too many in the area, considering that the Kozhikode and Mangalore airports are close to the proposed airport," he said.

    KGS Group's George counters this with statistics showing that Kerala's air traveller numbers have multiplied from 2 million in 2004 to nearly 10 million a year now, and said there is no slowdown yet in the pattern of Keralites' migration. The number of domestic air travellers is also on the rise.

    In fact, George said his company would focus on the market potential of attracting well-off pilgrimage tourists from different parts of the country to Sabarimala.

    The KGS Aranmula International Airport project has an outlay of Rs 2,000 crore, with a 1:1 debt-equity ratio. The first phase of the project is expected to cost Rs 750 crore. The project has Malaysia Airports as its technical and strategic partner.

    KGS Developers, in which Anil Ambani's Reliance Capital and Reliance Infra hold a 15% stake, expects the first flight to land at Aranmula in less than two years.

    Although George said the company has got all necessary clearances, the project is still facing opposition from local environmental and social organisations and activists.

    "The area is a wetland, and a flood-plain region for the seasonal flooding of the Pampa river, and there are paddy fields, too," said NK Sukumaran Nair, general secretary of Pampa Parirakshana Samithy, an environmental organisation leading the agitation against the project.

    But even Nair admits that all political parties, including the Left, Congress and Bharatiya Janata Party, seem to be in agreement in allowing the promoters to realise the project.

    That is a rare consensus in a land known for its hartals and political violence. Curiously enough, another case of that rare political unity was two years ago when the opposing fronts petitioned the Centre for exempting National Highways in the state from the highway authority's standard minimum width of 60 metres.

    Clearly, the god's own country is looking into the sky for salvation from its poor transport infrastructure. A case in point: annoyed by road traffic bottlenecks, local entrepreneur and Kalyan Group chief TS Kalyanaraman recently bought a private jet, stating it was 'plain necessity'.

    God's own country Kerala to get its fifth, fully private international airport - The Economic Times
     
  7. Steel
    Offline

    Steel Lieutenant SENIOR MEMBER

    Messages:
    744
    Likes Received:
    209
    Firms see India 3rd most-favoured destination: UN report



    Major global companies consider India their third most favoured destination after China and the United States, a U.N. report said on Thursday, and investment inflows could increase by more than 20 percent both this year and next.

    Foreign direct investment (FDI) flows into India leapt 30 percent to nearly $32 billion in 2011, though held back by slow pace of reforms, it still remains a long way down the league table of FDI recipients.

    China drew $124 billion last year, while Brazil attracted nearly $67 billion and Russia $53 billion..

    "The FDI inflows into India can go up by 20-25 percent this year and by about 20 percent next year, if the present trend continues," said Nagesh Kumar, Chief Economist, United Nations Economic and Social Commission for Asia and the Pacific, while releasing the UNCTAD's World Investment Report 2012.

    Some 179 global companies - from the manufacturing, services and primary sectors - were surveyed between February and May, on their favoured investment destinations for 2012 to 2014.

    Kumar said FDI growth seems to be keeping its momentum in 2012, referring to furniture maker IKEA and Coca Cola's (KO.N) recent announcements to pump nearly $5 billion combined into India over the long term.

    Though India's economic growth slowed to 5.3 percent in the March quarter, its slowest in nine years, its trends still compared favorably, Kumar said.

    "Compared to many other places, India is doing better in terms of growth," he said, adding global investors were looking at the long term prospects and wide market in Asia's third largest economy.

    The report said worldwide FDI flows exceeded the pre-financial crisis average in 2011, reaching around $1.5 trillion, despite turmoil in the global economy, and is projected around $1.6 trillion this year.

    Global companies are sitting on hefty cash reserves and waiting for the euro zone situation to stabilise before investing, he said.

    Earlier this year India allowed full foreign ownership of single brand retailers, although late last year it backtracked on a plan to allow in foreign supermarkets.

    Many investors are hoping it revives that plan soon, after Prime Minister Manmohan Singh recently took over the finance portfolio and talked about the need to address problems in the insurance and mutual fund industries, as well as taxation.

    Kumar said corporate investors look at long term prospects and recent controversies over retroactive tax proposals broadly aimed at taxing companies like Vodafone (VOD.L), or proposed general anti-tax avoidance rules (GAAR) would not hurt India's prospects as an investment destination.


    Firms see India 3rd most-favoured destination: UN report - The Times of India

    :tup:
     
  8. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Delhi Metro’s Phase-III gets cabinet nod

    NEW DELHI, APRIL 11:
    The Delhi government today gave its nod to five new proposed routes under the third phase of Delhi Metro and will now send the recommendation to a Group of Ministers (GoM) for clearance.

    The issue was discussed at a meeting of Delhi Cabinet here.

    “We have approved five routes of a total length of 108 km under the Metro third phase and now we will send this to the GoM. A route from Najafgarh to Dwarka has been added,” Ms Dikshit told reporters after the meeting. She said a decision will be taken soon on a route linking Bawana.

    The other four routes are Central Secretariat to Red Fort, Mukundpur to Rajouri Garden, Jahangirpuri to Badli and Janakpuri (West) to Kalindi Kunj.

    The construction of Delhi Metro’s Phase-III is proposed to be taken up in 2011-12. The Central government has allotted Rs 1,351 crore as budgetary support for it.

    The Cabinet also discussed the issue of framing a policy on unauthorised religious structures on public land in the city and said norms will be formulated in a couple of days.

    “All members expressed their views. We have created a formulation and the officers will fine-tune it in the next two-three days. It will then be finalised. It is a sensitive issue and as there are so many land-owning agencies here, we will have to decide what responsibilities will be given to them,” the Chief Minister said.

    Earlier on April 4, the Delhi government had said it will soon frame a comprehensive policy to remove, relocate or regularise unauthorised religious structures in the city.

    A senior Delhi government official had said the policy is being framed following a direction of the Supreme Court which had asked the state governments not to allow any unauthorised constructions in the name of religious structures.

    Business Line : Industry & Economy / Logistics : Delhi Metro’s Phase-III gets cabinet nod
     
  9. johngray
    Offline

    johngray FULL MEMBER

    Messages:
    64
    Likes Received:
    8

    Most of the city in India are now developing specially Kerala because it is a tourist attraction place and there are many things to visit. So we it is Important to develop this type of country.
     
  10. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Chhattisgarh government, Railways to build rail corridor

    Raipur: The construction of rail corridor in Chhattisgarh would be done through the government's special purpose vehicle (SPV), official sources said here today.

    The SPV, which would be wholly government-owned, would construct the 180 km eastern corridor and 122 km east-west corridor in the state under the Rail Corridor project.

    The Railway Board and South Eastern Coalfields Limited (SECL) would be the stake-holders in the SPV, along with the Chhattisgarh government.

    The decision to this effect was taken at a high-level meeting chaired by Chief Minister Raman Singh recently, sources said.

    Railway Board Chairman Vinay Mittal, other senior railways, SECL and state government officials discussed the project in detail with the chief minister, sources said.

    The railways would hold a 26 percent stake while Chhattisgarh government's share would be around 8-10 percent in the project. The rest would be borne by the SECL.

    Aimed at providing better facilities to the common man, the passenger trains would be given preference under the project, sources mentioned.

    The eastern corridor is proposed along the Bhupdevpur-Gharghoda-Dharamjaigarh-Korba and Gharghoda-Dongamauha routes, with an approximate length of 180 kms and would shape up at a cost of around Rs 2,000 crore.

    A preliminary inspection of 63 kms on this corridor has already been done.

    The east-west corridor would be constructed on the Gevra road-Deepika-Katghora-Sindurgarh-Pasan-Pendraroad section, on an estimated 122 kms stretch at a cost of around Rs 863 crore.

    The inspection of the total 122 kms route has been done for the purpose.

    With the construction of the rail corridor, the people would have the facility of direct or a nearby railway station and would boost the development process of backward areas, sources added.

    Chhattisgarh government, Railways to build rail corridor - The Economic Times
     
  11. johngray
    Offline

    johngray FULL MEMBER

    Messages:
    64
    Likes Received:
    8
    It means that soon this project will start the government is doing great job.
     
  12. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Gujarat okays Rs 4000 crore Nargol port construction

    AHMEDABAD: Gujarat government has given a go-ahead to construction of the proposed port at Nargol, 120 km south of Surat. A consortium of Cargo Motors Limited and Israel Ports Company (IPC) will develop the port at an investment of Rs 4,000 crore, a state government official said.

    "The Gujarat government has recently okayed the GMB bid given to the consortium. Now the work of this greenfield port will take off," said a senior official of the department of Road, Ports and Transport.


    Nargol is amongst eight greenfield ports being developed by Gujarat Maritime Board (GMB), the maritime regulator in Gujarat. Other ports Mundra, Pipavav, Dahej and Hazira have been made operational by private players, while Chhara, Kacchigadh and Mahuva are under various stages of development.

    Nargol falls in the upcoming Delhi-Mumbai Industrial Corridor ( DMIC), about 120 km south of Surat and 140 km north of Mumbai is perceived as a multi-purpose port capable of handling solid, liquid and container cargo. The place is well connected with road and rail network. Plans are underway to expand the two-lane state highway into an eight-lane divided carriageway.

    It has a draft (depth) of 11-12 metres. The developers expect to reclaim 75-150 hectares of land for developing the port, whose first phase is likely to be commissioned by 2015-2016, said a GMB official. The proposed port is estimated to have an initial cargo handling capacity of 1.2 million twenty-feet equivalent units (TEU).

    When operational, it is expected to ease the burden on the Jawaharlal Nehru Port Trust ( JNPT) in Mumbai. The developers are also looking at the possibility of offering Roll-On-Roll-Off (RO-RO) service, where passenger and cargo vehicles can be ferried in giant ships.

    Mumbai-based Shapoorji Pallonji has undertaken work for the Chhara port in Junagadh and Larsen and Tubro is developing Kachchigadh port in Jamnagar. The consortium had won a bid in January earlier this year and was awaiting a final approval for the go ahead from the state government.

    The bidding witnessed participation of at least twenty companies of which Essar, Sterlite-Vedanta consortium, Gammon India and consortium of Israel Port Company -Cargo Motors were shortlisted for the final selection. Cargo Motors runs car dealerships and is akso involved in the hospitality, logistics, construction and power industries while IPC has over 50 years of experience in maritime infrastructure.

    Gujarat Maritime Board handles 41 minor ports, which have a share of 25% of the nation's total cargo and account for 80% of the total traffic handled by other non-major ports of India. Traffic at Gujarat's non-major ports grew 11.31% quarter-on-quarter to reach 63.20 million tonnes during the first quarter of the current fiscal.

    Gujarat okays Rs 4000 crore Nargol port construction - Economic Times
     
  13. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Railways to set up corporation to focus on bullet train project

    New Delhi: Aiming to expedite the ambitious high speed corridor project, the government has decided to set up a corporation which will exclusively deal with aspects like its tendering process and execution.

    The National High Speed Rail Corporation (NHSRC) will be constituted shortly and focus on execution of the bullet train project, including tendering, pre-feasibility study and awarding contracts, among others, Railway sources here said.

    The corporation will comprise four members, all railway officials, they added.

    According to Railway officials, among the eight upcoming high speed rail corridors, the one between Mumbai-Ahmedabad will be taken up on priority.

    The 492-km-long Mumbai-Ahmedabad rail route will see its first bullet train, with a speed of 300 km per hour, which is expected to reduce the travel time drastically between the two financially strong cities to a mere two and a half hours from seven hours by Duronto, the fastest train at present.


    The high speed corridors, considered to be a flagship infrastructure project, has got the nod from the Prime Minister's Office, which has announced a roadmap for implementation of the project.

    Besides the Mumbai-Ahmedabad route, the seven other high speed corridors which have got in-principle approval are Delhi-Chandigarh-Amritsar, Pune-Mumbai-Ahmedabad, Hyderabad- Dornakal-Vijayawada-Chennai, Howrah-Haldia, Chennai-Bangalore- Coimbatore-Trivandrum, Delhi-Agra-Lucknow-Allahabad-Patna and Delhi-Jaipur-Ajmer-Jodhpur.

    Except Delhi-Amritsar and Delhi-Jodhpur, pre-feasibility study has been undertaken for all the corridors.

    The PMO has also decided to set up a project steering group consisting of Chairman Railway Board as Chairman and Secretary (DEA), Secretary (Planning), Member (Mechanical), Member (Engineering) and Member (Electrical) as members to monitor the project closely.

    Railways to set up corporation to focus on bullet train project - The Economic Times
     
  14. ManuSankar
    Offline

    ManuSankar Major SENIOR MEMBER

    Messages:
    2,323
    Likes Received:
    587
    Railways partners with Belgium to bring stations to global standards

    NEW DELHI: With the aim of developing railway stations to match global standards by leveraging commercial utilisation of land, Railways today joined hands with Belgium to carry out its modernisation plans.

    A Memorandum of Understanding (MOU) was signed by visiting Deputy Prime Minister of Belgium Didier Reynders and Railway Minister Mukul Roy on bilateral co-operation for effective development and modernisation of railway sector of both the countries here.

    "The MoU will usher in a new era of cooperation between two countries for effective development and modernisation in railway sector," Roy said after signing the MoU.

    He said that both Indian and Belgian Railways will benefit with mutual consultation and exchange of information services on development and modernisation of railway stations.

    Railways have identified about 50 stations including New Delhi, Howrah, Mumbai, Patna, Bhubaneswar and Chennai for developing world class stations.

    Railways have about 30,000 hectares of vacant land and the national transporter is keen to utilise Belgium expertise in modernisation of railway stations involving commercialisation of real estate around stations.

    Hoping that it will be a fruitful and long standing partnership with Indian Railways, Reynders said this initiative will kickstart Belgium cooperation for the development of world class railway stations in India.

    As per the MoU both the countries will form steering and working groups consisting of experts to determine and define detailed scope and modalities of the activities and projects to be undertaken by both the countries for mutual benefit.

    Roy said Belgium government-owned companies - Euro Station and Immostar - have vast experience in field of development of stations in and outside Belgium.

    "These companies have extensive expertise in transforming historical railway stations into the modern international terminals and the experience gained by them can be gainfully emulated in India after suitable adaption to Indian conditions," Railway Minister said.

    Pointing out that Indian Railways sector is a focus sector of Belgium economic diplomacy, Belgium Deputy Prime Minister said the size of Indian Railways sector is truly impressive.

    "The developments and opportunities in this sector are equally impressive in view of the vision and ambitions of the Indian government," Reynders said.

    Referring to the existing Belgium involvement in Indian Railways sector, Reynders said that several Belgium or Belgium-based companies are already firmly present in India and their activities range from fastening and coating of rails to the delivery of parts for train construction and software for safety and network management.

    Railways partners with Belgium to bring stations to global standards - The Economic Times
     
  15. Devil
    Offline

    Devil Captain SENIOR MEMBER

    Messages:
    1,428
    Likes Received:
    254
    i don't understand meaning of this deal can't they do it by themsleves or any indian company why need foreign contractor what are they trying to improve
     

Share This Page