Tag: infrastructure and power

India needs nuclear power till renewables fill gap: Abdullah


New Delhi: India needs nuclear power for civilian use till the time renewable energy is able to replace the use of fossil and nuclear fuels, Minister of New and Renewable Energy Farooq Abdullah said Thursday.  “We have to use nuclear energy till the time when renewable energy comes to such a level that we are… Read More ›

India-Japan summit: Infra clearly a growing story


Much before Japanese premier Shinzo Abe’s visit to India, Japanese investment into India was on a steady rise, especially in the infrastructure sector. The growing India-Japan economic cooperation, in fact, is increasingly been seen as a strategic alternative to Chinese influence in the South Asian region. Of the 51-paragraph joint statement issued on the first day of Abe’s… Read More ›

Critical need to improve infrastructure sector to boost growth


Globally, adequate and efficient infrastructure is critical for industrial growth and economic prosperity. Developed economies, such as the US and countries in Europe are now grappling with how to repair/replace worn-out infrastructure with limited funding. Governments the world over are focusing on the public/private partnership model to finance and build infrastructure initiatives. Institutional investors are… Read More ›

Power sector lost Rs. 30,000 crore due to natural gas shortage


Power sector is one of the worst affected segments in the economy due to natural gas shortage. According to a Comptroller and Auditor General (CAG) report which will be placed in the budget session of Parliament, shortage in gas supply has resulted in generation losses to the extent of 66,129.10 million units (MUs) for the period 2008-09… Read More ›

‘Financing solar projects is a key challenge in India’


K.M. Santosh, Managing Director, Enerparc Energy Pvt. Ltd Enerparc Energy Pvt. Ltd of Bengaluru specialises in EPC work for solar photovoltaic projects, both large-scale free field and rooftop mounted. K.M. Santosh, who leads Enerparc’s Indian business, has rich experience in solar energy in Indian and international markets. In an email interaction with Lalitha Rao, he outlines the company’s plans… Read More ›

Focus on infrastructure development crucial for meeting future needs’


VISAKHAPATNAM: With cargo movement expected to increase during this decade at the Visakhapatnam port, it is important to focus on the development of road infrastructure, Confederation of Indian Industry (CII)’s Vizag zone chairman G Sambasiva Rao said here on Tuesday. Addressing a round table conference on infrastructure development activities and challenges of Vizag on Tuesday, he said that emphasis… Read More ›

Japan going whole hog with investment in Indian infrastructure


Much before Japanese premier Shinzo Abe’s visit to India, Japanese investment into India has been on steady rise especially in the infrastructure sector. The growing India-Japan economic cooperation, in fact, is increasingly been seen as a strategic alternative to the Chinese influence in the South Asian region. Of the 51-paragraph joint statement issued on the first day of… Read More ›

Power, aam aadmi & price


With parliamentary polls round the corner, it looks as if political power seekers are adopting electric power as the mascot for vote-catching. AAP Government started this by announcing a power tariff reduction of 50 per cent for Delhi residents using up to 400 units per month. The subsidy burden could be about Rs.250 crore for… Read More ›

Infrastructure projects to get a boost with Noida Authority’s Rs 8,000 crore budget


NOIDA: The Noida Authority, one of the richest civic bodies in the country, plans to draft a budget of Rs 8,000 crore for the financial year 2014-15 with various infrastructure projects, including the setting up of the Noida Metro Rail Corporation (NMRC). According to the chairman of Noida, Greater Noida and Yamuna Expressway authorities, Rama Raman, of… Read More ›

Infrastructure and construction likely to pull down cement demand – India Ratings


MUMBAI: India Ratings & Research (Ind-Ra) has maintained a stable to negative outlook for the cement sector for FY15. The agency expects limited downside risks for integrated players who are also among the top two to three players in their respective regions. They are likely to maintain a Stable Outlook on their Long-Term Issuer Rating for FY15. The median… Read More ›