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Policy, Project and Investment News in Infrastructure Sector
1.
© Gyan Research
and Analytics Pvt. Ltd., 2015 1 Policy News Subsidies to build floating jetties, ports The Union Government has announced an INR 400 crore project to develop waterways, of which it will provide 50 percent subsidy while the states bear the balance 50 percent. The subsidy has allocated INR 10 crore for passenger jetties and INR 25 crore for container/goods jetties. Further, seven new major ports will be built in addition to the 12 existing ones. Work on the Sagar port in West Bengal and Dahanu in Maharashtra has already commenced. Approval given to 50 solar cities The Ministry of New and Renewable Energy has accepted a master plan and issued sanctions to develop 50 solar cities. The cities include New Delhi, Chandigarh, Agra, Gurgaon, Amritsar, Faridabad, New Town near Kolkata, Shirdi, Howrah, Agra, Gandhinagar, Surat, Rajkot, Bilaspur, Raipur, Agartala, Kochi, Bhopal, amongst others. In June 2009, the ministry had nominated 26 consultants to prepare the master plan for the solar cities. Patna included in AMRUT project Patna is listed among 26 cities/towns of Bihar in the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) project. The mission has been allocated INR 50,000 crore for the development of infrastructure and amenities such as drinking water, sanitation, transport, among others. The other cities/towns of Bihar included in AMRUT are – Bhagalpur, Gaya, Muzaffarpur, Biharsharif, Purnia, Arrah, Darbhanga, Begusarai, Katihar, Dinapur Nizamat, Saharsa, Munger, Chapra, Dehri, Siwan, Hajipur, Sasaram, Bettiah, Motihari, Jamalpur, Jehanabad, Bagaha, Kishanganj, Buxar and Aurangabad. WB government proposed inland waterways services The West Bengal government has proposed the introduction of fuel efficient, cost effective and eco- friendly inland waterways services on 12 rivers in West Bengal to reduce road congestion. The rivers are Ganga, Bhagirathi, Ajoy, Bakreshwar, Damodar, DVC canal, Rupnarayan, Jalangi, Ichamati, Dwarekeshwar, Sunderban and Subarnarekha. The waterways will be provided with adequate infrastructure for safe, convenient and sustained shipping operations as well. Transportation cost on waterways is expected to be 50 paise per km as against INR 1 per km and INR 1.5 per km by rail and road, respectively. Industry News Centre to develop marinas in Goa The Ministry of Road Transports and Highways has proposed to develop marinas or small ports to anchor yachts and small passenger ships in Sancoale and Navshi near Panaji, Goa. Once pending land issues are sorted out, the project will be initiated. The Ministry is also in favour of sea plane projects and is considering the possibility of connecting airports and railway stations through waterways, to reduce both passenger and goods road traffic. Infrastructure News August 22, 2015 – August 28, 2015
2.
Investment News DoNER
outlays INR 55 crore for infrastructure upgradation The Development of North Eastern Region (DoNER) Ministry intends an investment worth INR 55 crore for infrastructure upgradation of Naharlagun and Itanagar. The two major projects are - INR 30 crore RCC bridge construction over Pachin river, connecting ISBT and Naharlagun Railway Station, and the construction of bypass roads in the Capital complex Phase I, worth INR 25 crore. The project details have been forwarded to the Water and Power Consultancy Services (WAPCOS) for technical vetting and verification. Metrino work to begin The Union Government’s 'Metrino' public transport project in Delhi, worth INR 4,000 crore, will commence in six months. Metrino will enable people to travel in fully automatic, driverless pods suspended by an electric ropeway 5-10 meters above ground, thereby decongesting roads. The project has a capital cost of INR 50 crore per km as against the metro’s INR 250 crore. The 70 km long Metrino project from Dhaulakuan to Manesar in Haryana is expected to be completed in two years time. © Gyan Research and Analytics Pvt. Ltd., 2015 2 Infrastructure News August 22, 2015 – August 28, 2015 Weekly Snapshot Summary of Annual Plan of Ministry of Shipping, 2014-15 (INR crore) Sector Budget Estimate Revised Estimate Actual Expenditure * GBS** IEBR*** GBS** IEBR*** GBS** Ports and Lighthouses 512.40 2,351.22 328.02 2,100.47 286.83 Shipping 119.6 1,286.10 5.00 52.00 3.37 Inland Waterways Authority of India 267 - 116.98 - 96.18 Total 899.00 3,637.32 450.00 2,152.47 386.38 *Up to December 31, 2014 **GBS – Gross Budgetary Support ***IEBR – Internal and Extra Budgetary Resources Source: Ministry of Shipping
3.
© Gyan Research
and Analytics Pvt. Ltd., 2015 3 Infrastructure News, August 22, 2015 – August 28, 2015 Market Entry Strategies Market/ Marketing Research Pre-Feasibility, Feasibility & TEV Studies Equity Research & Valuation Economic Intelligence Our Business Practices Business Research Central Delivery Centre BD-9, Sector-1, Salt Lake City Kolkata - 700 064, India Phone: +91-33- 40060084 Corporate Office LG 37-38, Ansal Fortune Arcade, Sector - 18, Noida - 201 301 Delhi NCR, India Phone: +91-120- 2511945 E-mail: reports@gyananalytics.com Website: www.gyananalytics.com Branch Office - Mumbai Branch Office - Bangalore Branch Office - Hyderabad
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