05 Dec 2017

Railways ropes in IRSDC for speedy redevelopment of 400 stations

Indian Railways has decided to appoint its joint-venture firm IRSDC as a nodal agency to expedite redevelopment of 400 A1 and A category railway stations. Indian Railways has decided to expedite redevelopment of 400 A1 and A category railway stations across the country. It will now appoint its joint venture

04 Dec 2017

Zamora to tap China firms for $1.5-B LRT 4 proposal

Businessman Salvador B. Zamora II is in talks with Chinese groups for a plan to build and operate the $1.5-billion Light Rail Transit Line 4 (LRT 4) in Metro Manila. In a recent interview, Zamora said he was open to multiple partners, and that there were ongoing discussions with a

01 Dec 2017

PM Modi kicks off Hyderabad Metro, largest public-private deal in sector

Prime Minister Narendra Modi on Tuesday afternoon inaugurated the Hyderabad Metro Rail Project, billed the world’s largest public-private partnership in the sector, costing an estimated Rs 18,000 crore. The Prime Minister kicked off the service at the Miyapur Metro station after which he took a five-kilometre ride till the Kukutpally

23 Nov 2017

Gdansk Port Plans Over $1.69 Billion Investment

Gdansk Port Authority’s Managing Director, Lukasz Greinke, has said the port is in talks with investors over the potential to build a Central Port, according to RynekInfrastruktury.pl. The idea is to make the Central Port by combining the individual wharves and terminals, Greinke said in an interview. Depending on which

22 Nov 2017

Not just power lines, railways needs to privatise more to generate funds, meet investment needs

The railways is considering a proposal to put on the block about 30,000 km of power lines, potentially fetching the national transporter Rs one crore for each kilometre of infrastructure or likely upfront receipts of Rs 30,000 crore, according to this piece in Economic Times. And depending on the success

21 Nov 2017

Hyderabad Metro Rail gets safety clearance, all set to roll out soon

“This authorisation will enable us to operate the Metro trains from Nagole to Miyapur,” officials said. All decks have been cleared for the Hyderabad Metro Rail to roll soon, as the Commissioner of Metro Rail Safety (CMRS) authorised the Mettuguda to SR Nagarline, and informed the L&T Metro Rail Hyderabad

21 Nov 2017

M3 firm posts €315k a week operating profits

The operators of the M3 Motorway toll generated over €315,000 per week in operating profits last year, writes Gordon Deegan. Figures for Eurolink Motorway Operation M3 Ltd show it made the €16.4m in annual operating profits as revenues fell by 5% to €22m. The fall in revenues came despite traffic

14 Nov 2017

Metro rail services to be finally rolled out in Hyderabad

On November 28, Prime Minister Narendra Modi is expected to launch the first passenger run of the much awaited Hyderabad Metro rail project. Billed as one of the largest such public -private -partnerships in the world and arguably one-of-its-kind project — in terms of scale and size to be executed

07 Nov 2017

Public-Private Partnerships Are the Future for Sustainable Infrastructure

Veolia North America and the Wharton School’s Initiative for Global Environmental Leadership (IGEL) have released a report detailing the demonstrated success and future potential for public-private partnerships (P3s) to provide sustainable solutions for the nation’s infrastructure needs. The report highlights how the P3 framework can be applied to keep up

03 Nov 2017

Govt mulls PPP push for suburban railway

The state government on Thursday proposed public-private partnership (PPP) for the implementation of suburban railway project with the Centre’s latest policy limiting the cost sharing by Delhi to 20%. Bengaluru Development Minister K J George held a meeting with Neeti Ayog member V K Saraswat and the Railway officials on