19 November 2019

Table of Contents for Ticker Tapes





Ticker Tape- Infrastructure

NAGPUR’S EXEMPLARY SMART WATER MANAGEMENT

Nagpur, which is included in the smart cities list, has a population of over 2.5 million people and is the first city of its size in the country to outsource water supply to a private operator under the PPP model for 25 years. The main objective was to provide 24-hour 100 per cent safe drinking water to 100 per cent population within five years and to reduce non-revenue water (50 per cent water supplied to towns which is untraceable, not recorded and not paid for) to below 25 per cent in 10 years. The project included management of the entire water cycle from production, treatment, transport, storage and delivery to the customer’s tap. It involved replacement of over three lakh house service connections, rehabilitation of treatment facilities, service reservoirs and pipelines.The aim of the project was to address problems of water that was being wasted and not getting billed.

 

 

MbPT APPROVES CST PANVEL HIGH SPEED CORRIDOR

The Mumbai Railway Vikas Corporation (MRVC) has planned 11 stations along the 47-km railway corridor. The harbour line with only slow lines to its credit is inundated and needs this Rs.15,000 croreproject to reduce peak hour rush hazards. The CST-Panvel fast corridor is to have 21,000 peak hour-peak direction trips by 2019 and 39,000 by 2031. MRVC expects 30 per cent shift from the suburban line and 20 per cent from road traffic once operations begin on the corridor. The corridor is likely to be built along Mansion Road to Reay Road along Palm

 

 

METRO 4 LINE FROM THANE TO WADALA.

Mumbai Metropolitan Region Development Authority (MMRDA) approves of corridor that will connect Thane to Wadala through LBS road and Eastern Express Highway. The project will be completed at the cost of Rs.14,549 crore. The 32 km long Wadala-Ghatkopar-Thane-Kawara-davali Metro-4 is scheduled to be completed by 2021. This modern public transport system will have 32 stations will have six-car trains running at a frequency of three minutes. It will carry 1,756 passengers per train and peak hour direction load if 28,107 passengers. The chief aim of this ‘vital urban transport.project’ is to unburden the existing suburban train network and also to take load of arterial roads that connect Thane and Mumbai.

 

 

STERLITE GRID EYES Rs.3K-CR FUNDS VIA INFRA TRUST

Sterlite Grid Power Ventures, a leading operator of independent power transmission networks, is likely to raise Rs.2,500-3,000 crore through Infrastructure Investment Trusts (InvITs).Thefund will partly be reinvested in existing projects, pump funds in the upcoming ones and to pare debt. The cumulative debt is Rs.3,500 crore, which includes Rs.925 crore of non-convertible debentures that it issued in January. Toease capital inflow for infrastructure companies, the Securities and Exchange Board of India (Sebi) issued norms last month for public issue of InvITunits. This allows mutual funds, pension funds and insurance companies to invest in the public issue of an InvIT. InvITs are allowed to invest in infrastructure projects directly or through a Special Purpose Vehicle.Apart from upcoming projects, the funds are also likely to be used in projects with 20 per cent and more implementation status, said sources in the know. The fund raisingwould take a year to close, said executives.

 

 

Rs.4,000 CRORE METRINO PROJECT TO BEGIN WORK IN 2 MONTHS

Metrino' public transport project, which will enable traveling in driverless pods suspended on a ropeway in the national capital region, is scheduled to begin work in the next two months To begin with the project will connect the 70-km stretch from DhaulaKuan in Delhi to Manesar in Haryana to decongest the national capital region and ease traffic. It will run on electricity and driverless pods and come down at designated stations thus removing the traffic burden from already congested roads. The capital cost of metrino is Rs.50 crore per km against Rs.250 crore per km of the metro.

 

 

INFRASTRUCTURE PROJECTS TO BENEFIT AS BENGALURU GOVERNMENT CLEARS LAND HURDLES

Infrastructure projects such as road, railways, airport and power, stuck for want of small landpercels, can hope to progress with the state government providing for direct purchase, and exempting such transactions from the rehabilitation and resettlement (R&R) requirement.

The public private partnership (PPP) projects too will stand to benefit. A number of railway projects had been stuck across Karnataka due to hurdles unable to get hold of land -in some cases, even as small as 20 guntas.A government agency now can buy up to 100 acres of land from a landowner, and a committee chaired by the Deputy Commissioner of the district will advise on the price.  Section 46 of the Land Acquisition Act, 2013, empowers states to fix a cap on the area of land a government entity can purchase without having to follow the R&R provisions.

 

 

NTPC TO INVEST IN RAILWAY INFRA IN KARNATAKA

NTPC and South Western Railways signed an agreement for doubling of Hotgi-Kudgi section of South Western Railway under Customer Funding Concession. NTPC will invest about Rs.1,000 in setting up railway infrastructure in Karnataka. NTPC has already deposited Rs.946 crore with South Western Railway towards the cost of doubling of railway section between Hotgi - Kudgi (134 km). The section between Hotgi - Kudgi consists of 10 block stations, 08 major bridges and 02 important bridges on river Don and River Bheema. The project is targeted for completion by March 2020. The augmented rail infrastructure, apart from catering to the coal transportation requirements of 4000 MW Power project of NTPC is also expected to give a boost to the economic activities of Northern Karnataka.

 

 

ADB APPROVES $100 MN LOAN FOR T.N IRRIGATION SYSTEM

Asian Development Bank approved a USD 100 million (around Rs.660 crore) loan to strengthen a key irrigation system and improve water management in the Vennar sub-basin of Cauvery Delta in Tamil Nadu. Since the Vennar irrigation network is not able to meet the needs of many of its poorest farmers particularly in coastal areas and the climate extremes the pressing need to upgrade it is vital. This project will support physical improvements and stronger water management, giving a significant boost to the lives of coastal communities who often go without sufficient irrigation water. The project will strengthen the embankments of six major irrigation water channels in Vennar system to make them more resilient to floods and upgrade water regulators, sluices and pump stations.




Leave a Comment

Name  
Email Address
(will not be published)    
Website
Comment