Economic Booster: Projects That Can Revamp India's Growth


4. Metro Rail Projects: Cities are expanding day by day and Metro has become an essential mode of transport. According to Rohit Inamdar, vice-president, Icra the new Metro rail projects that are under implementation in nine cities could be the basis of any urban infrastructure development programme by the new government. Sector experts point out civil construction typically constitutes 35-50 percent of the project cost of a Metro system. For some of the activities in other infrastructure sectors, the construction companies have bid aggressively for work on superstructures and foundation work. A new force from the government will help improve cash flow for these companies and also enhance economic activity of the country.

5. Power Projects With FSAs: With non-working power projects in India, many households have to bear the long power cuts almost daily. “Most states are load shedding because the price realised from sale of electricity is less than the cost for procuring it. They make losses due to a lot of issues like non-recovery of receivables, pilferage, etc. Instead of fixing these problems, discoms prefer to go for load shedding and avoid buying power. This has created an artificial lack of demand for power. Many projects are ready for commissioning, but are unable to find discoms to sell power,” said Lajpat Shrivastav, CEO, thermal, Moser Baer Projects as reported in INDIA POWER SECTOR.COM. There have been many projects and about 150 fuel agreements that are signed between Coal India and power plant promoters in order to create capacity for generating 75,000 Mw by 2015. Thus these projects are expected to be kick started early in this year.

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