BUSINESS

PM to keep tabs on infrastructure projects

By BS Reporters
July 27, 2014 16:52 IST

Secretaries of the ministries concerned will brief Prime Minister Narendra Modi once a month on key infrastructure projects.

This decision was taken after Sindhushree Khullar, secretary, Planning Commission, on Saturday presented to the prime minister India’s infrastructure targets and achievements.

Projects under review include high-speed rail freight corridors, a gas pipeline grid and clean energy.

An official who attended the presentation said inter-ministerial meetings would also take place every month.

“There is a lot of focus from the prime minister’s office on efficiency in power transmission, full metering, increased deployment of clean energy, an improved gas supply network and an overall technical improvement of the sector,” said the official who did not wish to be named.

Another  person close to development said the budget of the ministry of new and renewable energy was likely to be increased to Rs 2,500 crore (Rs 25 billion) from the current Rs 1,500 crore (Rs 15 billion).

Several clean energy schemes were announced in the budget.

About 25 new solar parks of 500 Mw capacity are planned to be set up across the country.

“For the railways, a 10-point agenda was discussed with regard to targets for 2014-15.

"Some targets may be changed for new lines, freight loading capacity and projects in the northeast.

"Other issues discussed were land acquisition for the high speed rail network, electrification and increased speed on existing networks,” said another official who did not wish to be named. There is also speculation that most of the United Progressive Alliance’s flagship projects will be given bigger targets and new timelines.

“This will take shape in subsequent meetings. For now, we are asked to identify roadblocks and discuss ways to tackle them,” said another official requesting anonymity.

POLICY PUSH

POWER SECTOR

OIL & GAS

INFRASTRUCTURE

Image: Prime Minister Narendra Modi

BS Reporters in New Delhi
Source:

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