Infra Projects

The meeting chaired by DPIIT Secretary Amardeep Bhatia was attended by senior officials from central ministries, state governments, and project proponents, The meeting, it said, was focused on expediting issue resolution through enhanced inter-ministerial and state coordination facilitated by the Project Monitoring Group (PMG).

Need to reduce time taken by infra projects to unlock value: L&T's Shankar Raman

"If we can reduce time taken to build the infra, it will help the present value of money being unlocked," Shankar Raman said.

Infra projects deserve opportunities for refinancing. Will RBI relax its NPA policy?

Refinance is the missing piece of the puzzle as India goes big on infrastructure building. RBI scrapped refinance schemes in a kneejerk response after the IL&FS debacle, and imposed strict NPA provisioning norms, blocking extension of repayment periods. This needs to change as large infra projects needs long ‘concession’ periods, stretching at least 30 years

FM reviews progress of infra projects under NICDIT; urges states to tie up loose ends

Sitharaman asked the state governments and NICDIT to maintain the same momentum for realising the vision of Prime Minister Narendra Modi of a Developed India by 2047.

GR Infraprojects rallies 3 percent on the back of project bid worth Rs 737 crores

GR Infraprojects limited stock has lost 13.41 percent of its value since the start of 2023. Thus, underperforming the Nifty50 benchmark index which has given a 0.1 percent return during the same period.

PM Gatishakti NMP evaluates 76 key Central infra projects; leads to cost savings of Rs 5.14 lakh crore

Using the NMP, 156 infra gaps relating to first- and last-mile connectivity of major sectors of the economy have been identified by the relevant ministries in coordination with the DPIIT.

Govt decides to set up high-level committee to fast-track implementation of infra projects along border with China

The decision was taken at a high-level meeting chaired by Defence Minister Rajnath Singh after reviewing the progress in construction of various infrastructure projects on the northern border areas.

343 infra projects show cost overruns of Rs 4.5 lakh crores

According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,438 projects, 343 reported cost overruns and as many as 835 projects were delayed.

384 infra projects show cost overruns of Rs 4.52 lakh crore

According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,529 projects, 384 reported cost overruns and as many as 662 projects were delayed.

Cost overruns of Rs 4.83 lakh crore impact 425 infra projects

Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages

PM Gati Shakti digital tool may be opened for public use

Will it eventually become mandatory for infra projects to be listed on the PM Gati-Shakti portal?

J&K to raise Rs 8,000 cr loans for funding infra projects

"Sealed EoI is being invited from reputed RBI regulated banking and financial institutions in the country to submit written proposals for advancing loans upto Rs 8,000 crore," JKIDFC Director Finance Showkat Hussain Mir said on Thursday.

59 mega infra projects report cost overrun of Rs 1.36 lakh cr

MOSPI monitors on-going projects costing Rs 150 crore and above on time and cost overruns, on the basis of information provided by the project implementing agencies on its On-line Computerized Monitoring System (OCMS).

Maharashtra govt wants Centre to finance Metro projects by MMRDA

The minister congratulated Maharashtra for being at the forefront when it comes to getting project approvals and added that at Rs 67,523 crore, this is the highest among states in the three years of NDA regime.

IL&FS keen to invest in infra projects in Hyderabad

IL&FS representatives met Telangana Municipal Administration Minister K T Rama Rao and held talks with him, a state government release said.

GMR in talks to refinance Rs 4k cr Odisha power plant loan

After the Reserve Bank of India extended flexible refinancing scheme to existing stressed infra projects, CNBC-TV18 exclusively learns that debt-laden GMR Group is in talks with lenders to refinance loans worth Rs 4,000 crore for its Odisha Power Plant.

Union Budget 2015: Credit Suisse sees FM boosting capex, raising I-T slab

At the same time, as part of streamlining the GST base, the service tax net could be broadened further by removing some services from exempt/abatement list," it said in a note Today.

Expect infra spending to increase in next 6 months: Eicher

Talking exclusively to CNBC-TV18, Sandilya said that he was hopeful about infrastructure spending increasing in the next 6 months.

IIFCL to disburse Rs 5,500 crore in four months

The public sector lender engaged in infra financing had a gross NPA of around 1.1 per cent by the end of first half of this fiscal. The company, which has a restructured book of around Rs 3,000 crore as of now, has seen addition of Rs 600 crore in this account in the current financial year.

FM sets fresh timeline for clearances infra projects

In its efforts to revive the animal spirit in the economy, the government is also focusing on the infrastructure sector.

Budget 2012: Will infrastructure bounce back or breakdown?

This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening. With a slowing economy, high interest rates and more importantly delayed decision making, infra projects and infra companies face an uncertain future.