India InfraHub Newsletter: Infra To Be Main Focus Of Budget FY21-22, Bullet Train Construction To Begin soon, Agra is 20th City To Get Metro & More

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Greetings from India Infra Hub,

December has been a very reviewing and re-assuring month for Indian infrastructure sectors and Indian economy in general, to begin with Finance Ministers assurance that Infrastructure spending will be key for Budget FY21-22, Agra city to be 20th city to have metro system, Mumbai-Ahmadabad High Speed Rail heading towards beginning the construction activities soon, as this may be enough convincing we bring more such news with more details in the following newsletter.

And, further nudging you with niche analysis and deep insights into various sectors of Indian infrastructure, we are launching our first infrastructure exclusive print and e-magazine. our first magazine looks at Metro rail systems in India, current developments and envisions a future of metro rail transit in India cities.

As several sectors grow back inching towards pre-COVID levels, we bring you all events in Railway, Roads, Aviation, Energy, Transport and Affordable housing sectors, our takes and expert commentaries on daily infrastructure events composed.

 



Top-Commentaries

Fight For Flight: The Story Of Tata Group In The Airline Industry

– by satyendra Pandey

As rumours abound about a potential Tata group investment into Air India, questions have started to emerge into the group’s entry into the airline business itself.

For the Tatas, with the right strategy, discipline and execution, the portfolio can be EBITDA positive within three to five years and depending on the strategy, financing structures and cost of capital, it could possibly breakeven soon thereafter.

For now, passengers can take to the skies on either of the group’s airlines knowing that their air-ticket has partly been funded by the strongest business group in the country. (read full article)


Here’s Why Supreme Court Has Given Green Signal For The Salem-Chennai Expressway Project

– by M R Subramani

The Supreme Court yesterday (8 December) approved the Union government’s ambitious Salem-Chennai eight-lane greenfield expressway, upholding the notifications issued for acquisition of land for the highway, and also ruled that prior environment clearance is not required for notification on land acquisition.

One of the positive outcomes of this verdict is that the Centre can now go ahead with the planning of national highways projects at least until the stage of land acquisition without any worry. (read full article)


Railway & Road

L&T And NHSRCL Signs Another Agreement For 88 Km Viaduct On Mumbai-Ahmedabad High Speed Rail Corridor

National High Speed Rail Corporation Limited (NHSRCL) and L&T signed the contract agreement on Wednesday for design and construction of 88 km long viaduct along ambitious Mumbai-Ahmedabad High Speed Rail Corridor.

The contract includes, design and construction of 88 Km viaduct between Vadodara and Ahmedabad, elevated HSR stations at Anand/Nadiad, maintenance depot and several bridges throughout the corridor. (read full article)

 


Train To Bangladesh:  One More Rail Link To Boost Economic Activity

In a major boost to economic activity and people to people contact in the region, another railway link between India and Bangladesh was opened up.

Defunct since the India-Pakistan war of 1965, the rail link between Haldibari and Chilahati was inaugurated by Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on Thursday, taking the number of operational rail links between the two countries to five. (read full article)


Indian Railways Gets New Managing Director For Its Largest Infrastructure Project, Dedicated Freight Corridor

Dedicated Freight Corridor (DFC) gets a new MD (Managing Director), Ravindra Kumar Jain assumed charge of DFC.

DFC is Indian Railway’s biggest infrastructure project and is implemented under DFCCIL (Dedicated Freight Corridor Corporation of India Ltd.)

Jain who is new in charge of DFC is 1986 batch Indian Railway Services engineers, previously he has held positions of Chief administrative officer/construction, Kolkata, Executive Director of Civil Engineering Planning, prior to that, Jain held, Deputy Railway Manager, Samastipur Railway Division, in East Central Railway. (read full article)


Rightsizing Workforce: Railways To Freeze New Posts Barring Safety Category

Reeling under reduced earnings, Indian Railways has expedited the move to rationalise the workforce with direction to all zonal railways and production units to freeze new posts except those in the safety category, a critical move in the times of pandemic.

Acting upon the directive, several zones have started the downsizing exercise identifying posts such as peon, account clerk, steno, helpers, teacher, hospital attendant, hospital cleaner, cook, painter, fitter, mason, chowkidar, lab assistant among others to be done away with. (read full article)


Indian Railways To Use Laser Technology To Carry Out Ground Survey For Delhi-Varanasi Bullet Train Project

Aerial Light Detection and Ranging Survey technology will be employed to prepare the detailed project report for the Delhi-Varanasi High Speed Rail Corridor.

The National High Speed Rail Corporation Limited (NHSRCL) will be employing the latest technology, laser enabled equipment mounted on a helicopter, to prepare the Detailed Project Report (DPR) for the proposed Delhi-Varanasi High Speed Rail corridor. (read full article)


Railways To Levy User Fee On 123 Stations

A Train fare along with platform tickets for a few identified stations will witness an affordable hike as the Railways is firming up proposals to levy user development fee.

According to the action plan, the Railways would seek the Cabinet approval for levying user fee ranging between Rs 10 and Rs 50 on over 100 stations including New Delhi and Chhatrapati Shivaji Terminus in Mumbai.

Since the tender processes for the redevelopment of many stations is underway and the user fee would be part of the financial bidding document, the decision is crucial for expediting the project. (read full article)

 


Aviation & Metro Rail

Jewar International Airport: Developer, Zurich International Airport Selects 4-Company Consortium To Design Passenger Terminal

Zurich International Airport has finalised its international consortium to design Jewar International Airport at Noida, the Architects consortium includes Nordic, Grimshaw, STUP and Haptic.

The consortium was selected after conducting a three phase design competition, the other competitors included Gensler-Arup and SOM-Mott McDonalds, the selected consortium has previously designed Hyderabad and New Istanbul airport. (read full article)

 


Agra Will Be The 20th City In India, 5th In UP To Get A Metro System As PM Modi Inaugurates Phase 1 Project Construction

Prime Minister Narendra Modi on today (Dec 7) inaugurated  the construction of Phase 1 of Agra Metro Rail Project (AMRP) through video conference. The ceremony began at 12:15 am and was held at 15 Battalion PAC parade ground in Agra. UP Governor Anandiben Patel and Chief Minister Yogi Adityanath also joined the programme.

Speaking at the virtual inauguration ceremony, Modi said, Agra has always had an historical identity, and is now getting an aspect of modernity with the metro project, to catch up to the 21st century. (read full article)

 


Bengaluru: Decks Cleared For Construction For 56-Km Outer Ring Road-Airport Metro Project As ADB Approves $500 Million Loan

The Asian Development Bank (ADB) has announced on Monday (Dec 7) that it has approved a $500 million loan to construct new metro rail lines in Bengaluru, India.

The loan approval by ADB will be a major funding boosting for the crucial infrastructure project.

With ADB funding coming through, the Union government is expected to approve the project. Chief Minister B.S. Yediyurappa had written to the Union government seeking early approval for the project, first in June and again in September this year. (read full article)

 


Telecom &Infra-Finance

BSNL And Skylotech India Launch Ingeniousness Satellite Based IoT, To Connect India’s Core Sectors

Global machine connectivity solutions company and BSNL partnered to launch a breakthrough, satellite based narrowband IoT network in India.

This technology is developed completely indigenously by Skylo, this will connect BSNL’s satellite ground infrastructure, providing PAN India coverage and across Indian seas, the coverage promises to cover all area on Indian territory and seas without leaving any uncovered or dark patch. (read full article)

 


Budget FY21-22 To Lay Special Focus On Infrastructure To Revive Economy

Finance Minister Nirmala Sitharaman said on Tuesday that Union Budget for the year 2021-2022 will sustain public expenditure and categorically accentuate on Infrastructure, and have a ‘vibrancy’ to ensure economic revival.

Government will continue public expenditure, as it is only way to revive economy which has contracted in the first two quarters of fiscal year, she said. (read full article)


Atmanirbhar Bharat Package: Government Notifies VGF Scheme To Support Infrastructure Projects

Ministry of Finance notifies an updated VGF (Viability Gap Funding) scheme on December 11, this was done as part of Atmanirbhar Bharat Package to support Infrastructure projects exclusively.

The VGF scheme will be called as Scheme for Financial Support to Public Private Partnerships (PPPs) in infrastructure, will come under effect immediately, and will be administered under ministry of Finance. (read full article)


Other Reads

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