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Author name: Vishal

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Breaking New Ground: Open Cast Project under Mine Develop & Operate Project Journey

The Gigantic Move  “The journey of a thousand miles begins with a single step”. it all started when one of the subsidiary of Coal India Limited, embarked on one of the largest Open Cast Project (OCP) initiatives. This venture aimed to extract a staggering volume of coal annually, requiring the dispatch of around 40 rack […]

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High-Speed Corridors: A Measured Approach, Room for Improvement

The Cabinet Committee on Economic Affairs recently approved eight high-speed road corridor projects spanning 936 km across the country, with an investment of ₹50,655 crore. These projects are anticipated to create approximately 4.42 crore man-days of direct and indirect employment. Notably, these initiatives will be rolled out under a toll-based model, a strategic move aimed

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New RBI Framework for Infrastructure Projects: A Balancing Act?

The Reserve Bank of India’s (RBI) framework for various asset classes of projects, including infrastructure project financing, has sparked discussions within the industry. The framework can be considered as a manifestation of the central bank’s concern over project finance buildup. The framework aims to strengthen project health through stricter pre-financial closure requirements, limitations on the

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