2017
Revising Terms
India renegotiates LNG import agreement amid low prices
In the wake of a global supply glut of liquefied natural gas (LNG) and the resulting low crude prices, in September 2017, Petronet LNG, India’s leading gas importer, successfully negotiated a price cut for long-term […]
Interview with Susheel Kumar
Domestic coal production has recorded a steady growth in volumes in recent years, highlighting the government’s strong focus on augmenting output. The Ministry of Coal (MoC) is now gearing up for the launch of commercial […]
Limited Success
Open access yet to take off due to regulatory hurdles
Ever since the Electricity Act, 2003 was enacted, open access in the power sector has been a frequently debated topic. Section 42 of the act allows non-discriminatory open access, but in reality, its implementation is […]
Honeywell Digital Video Manager Connects Organizations to Smarter Security and Surveillance
Latest release of video technology taps Internet of Things, building connectivity and open standards to improve operator efficiency, drive deeper insights and speed response times NEW DELHI, India,Oct. 3, 2017 – Honeywell (NYSE: HON), a […]
Hikvision launches world’s first ever Deep Learning NVR
August 10, 2017 Hikvision, the world’s leading supplier of video surveillance products and solutions, has launched a radically new NVR, with the power and intelligence to effectively filter out alarms […]
October 2017
EDITOR Devangshu Datta
The road sector has seen increased activity in the past year both in terms of project award as well as work on the ground. The current construction rate is averaging about 18 km per day […]
Views of A.K. Singh
“Achieving financial closure is not an issue for HAM-based projects any more”
The government’s commitment to road development has reaped substantial gains for the sector. The new models have given rise to renewed hope in the sector. Investor confidence has started to look up and road developers […]
Interview with Rajiv Mundhra
“The PPP model has not been as successful in India compared to the EPC model”
The construction industry is expected to witness significant opportunity in the coming years. The government is planning to spend $60 billion on infrastructure in the current fiscal year. Given the strong government spending, companies are […]
October Issue 2017
October Issue 2017
Tata Power installs first EV charging station in Mumbai
Tata Power Company Limited has installed its first electric vehicle (EV) charging station at a receiving station in Mumbai. The move is to encourage the adoption of EVs by customers. The company has taken the […]
GUVNL tender for power procurment finds no bidders
Gujarat Urja Vikas Nigam Limited’s tender for procurement of 1,000 MW of coal-based power witnessed no participation from private players owing to the low ceiling price of the tariff. As per the tender, independent power […]
Jaiprakash Associates approves debt restructuring
Jaiprakash Associates’ board has approved the transfer of certain assets and liabilities, including debt of over Rs 118.34 billion, to its subsidiary, Jaypee Infrastructure Development Limited, as a part of its efforts to cut the […]
Brookfield acquires two road projects in $300 million deal
Road developers KMC Infrastructure Limited and BSCPL Infrastructure Limited have sold two toll road projects to Canadian alternative asset manager Brookfield Asset Management in a Rs 19 billion (close to $300 million) deal. The transaction […]
Union cabinet approves proposal to hive off BSNL’s tower assets into a separate company
The Union cabinet has approved a proposal to hive off Bharat Sanchar Nigam Limited’s (BSNL) mobile tower assets into a new unit, which will be wholly owned by the operator. Currently, BSNL owns 66,000 of […]
Adani Power shareholders’ nod to Mundra plant hive-off plan
Adani Power Limited’s shareholders have approved the proposal to hive off its flagship 4,620 MW Mundra power station to its subsidiary, Adani Power (Mundra) Limited. The resolution was passed by the equity shareholders of the […]
Adani Enterprises to demerge renewable energy business
Adani Enterprises Limited (AEL) has announced the demerger of its renewable energy business into an associate company, Adani Green Energy Limited (AGEL), in an attempt to simplify the overall business structure of the company. AGEL […]
India Grid Trust buys three power assets from its sponsor
The India Grid Trust has approved the acquisition of three power transmission assets comprising five transmission lines from Sterlite Power Grid Ventures Limited, the sponsor of the InvIT. The India Grid Trust will acquire the […]