Dear Reader,
As India Infra Hub team keeps you updated with all infrastructure and related events, further, nudging you with niche analysis and in depth 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 and future for metro rail transit in Indian cities.
As several sectors grow back inching towards pre-COVID levels, let’s march ahead with key events in Railway, Roads, Aviation, Energy, Transport and Affordable housing sectors, our takes and expert commentaries on daily infrastructure events.
Coming Soon: A comprehensive report on Indian Metro Rail Projects by Aashish Chandorkar.
Aashish is one of India’s well known policy commentators on Infrastructure and Energy
Railways
Bullet Train Project Gathers Steam; Invites Bids For Viaduct & Station Work
GMR, IRCTC Among 15 Players Enter Race For Private Train Operation Project
GMR, BHEL and IRCTC are among 15 players who have participated in the Request For Qualification (RFQ) for the Rs 30,000 cr private train operation project.
Railways which has floated the tender on July 1, received 120 submissions from 15 applicants to run 140 trains from 12 clusters on its network. These clusters are centred around key urban areas that witness heavy passenger traffic. (read full article)
Indian Railways Achieves Remarkable Turnaround In Freight Sector, Posts 13.54% Growth In Revenue
Despite coronavirus related-challenges, the Railways has made a remarkable turnaround of 13.54 per cent in its freight revenue earnings in September this year as compared to the same period last year, an indication of Indian economy on the recovery path.
In September, the Railways earned Rs 9,896.86 cr from freight loading which is Rs 1180.57 cr higher compared to last year’s Rs 8176.29 cr earnings for the corresponding period, an increase of 13.54 per cent.(read full article
NHAI Awards 1,330 Km Highway Projects In April-September Period
The National Highways Authority of India (NHAI) on October 7 said it awarded projects for building 1,330 km of highways in April-September, worth Rs 47,289 crore. This is up 60 percent from the year-ago period despite the challenges posed by the COVID-19 pandemic.(read full article)
Watch Big Day For India’s Strategic Infra: PM Modi Inaugurates Atal Tunnel, Here’s Its Journey From Inception To Inauguration
Prime Minister Narendra Modi on Saturday (3 October) inaugurated the strategic Atal Tunnel constructed below the Rohtang Pass in Himachal Pradesh. The ceremony in Himachal Pradesh was also attended by other dignitaries like Defence Minister Rajnath Singh, Chief of Defence Staff General Bipin Rawat and Army Chief General M M Naravane. (read full article)
NHAI Awards 1,330 Km Highway Projects In April-September Period
The National Highways Authority of India (NHAI) on October 7 said it awarded projects for building 1,330 km of highways in April-September, worth Rs 47,289 crore. This is up 60 percent from the year-ago period despite the challenges posed by the COVID-19 pandemic.(read full article)
Ports & Energy
Here’s Why Adanis’ Acquisition Of Krishnapatnam Port Is Significant For Regional Logistics
Prime Minister Narendra Modi on Tuesday (Sep 29) inaugurated 6 mega development projects in Uttarakhand under the Namami Gange Mission today through video conference. With the commissioning of the projects the sewage treatment capacity of Uttarakhand has increased 4 times in the last 6 years. (read full article)
Demand Revival- Petrol Consumption Returns To Pre-COVID-19 Levels, Diesel Still Lags
India’s petrol sales rose 2 percent in September – the first increase since the country’s lockdown in late March – signalling demand returning to pre-COVID-19 levels.
Diesel sales continue to be below normal but have shown a month-on-month increase, according to provisional data from state-owned fuel retailers who control 90 percent of the market. (read full article)
Aviation & Infra related
AAI Asks Adani Group To Take Over Ahmedabad, Lucknow, Mangaluru By November 12
The Airports Authority of India (AAI) has asked Adani Group to take over and start running the Ahmedabad, Lucknow and Mangaluru airports by November 12, 2020. The process of handing over remaining airports to the Adani Group, Guwahati, Jaipur and Trivandrum — is on with the letter of award being issued to it.. (read full article)
Covid Effect- Project Completion Rate Slowest, Uncertainty And Low-Demand Hinders Private Sector Projects
Ever since the pandemic ravaged Indian economy, shutting down all economic activities on such short notice, the project implementation and completion indicators have collapsed.
Looking at CMIE CapEx data, that follows project’s initiation and completion of projects, including capacity expanding projects, data shows that 721 projects worth Rs. 9.8 trillion were halted due to lockdown in the first quarter that ended in March, another 22 projects worth Rs. 85 billion were halted in second quarter that ended in July, adding to that, more projects worth Rs. 32 billion were halted in 3 quarter that ended in September.. (read full article)
Union Government Announces ₹37,000 Crore Additional Funding For Infrastructure,₹37,000 Interest-Free 50-Year Loan To States For Capital Projects
In a bid to provide a boost to infrastructure, Union Finance minister Nirmala Sitharaman on Monday (Oct 12) announced that additional budget of ₹25,000 crore will be provided as capital expenditure to develop roads, defence, water supply, urban development and domestically produced capital equipment. This will be in over and above the ₹4.13 lakh crore provided for in the Union Budget for 2020-21 (read full article)
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