Infra players recommend changes to boost sector

26 Dec 2019 Editorial Team

As reported, during a pre-budget discussion with Finance Minister Nirmala Sitharaman, and other officials from the environment, finance and renewable energy ministries, various infrastructure companies highlighted the need to bring in captive renewable policy following exemptions from cross subsidy and transmission charges – in order to allow setting up of clean energy plants by making renewable energy more feasible.

The infrastructure sector urged the government to consider various other corresponding issues, including the prospect of releasing finance for real estate projects so as to give a push to consumption of construction materials like cement and steel. Deliberations on releasing funds for the sector were also held in order to revive the same.

Reportedly, industry experts were of the view that although there is huge potential in the renewable energy sector, the transmission charges and cross subsidy are holding it back – making thermal power cheaper in comparison. Therefore, they urged the government to consider exemption from the same.

As per reports, it has been stated that the cement sector is keen and able to set up renewable projects of around 12 GW to 15 GW. With respective to the relevant obstacles, transmission charges are around 50 paisa per unit whereas the cross subsidy amounts to Rs 1.5-2 per unit.

Additionally, sector players also discussed – the industry’s capability in dealing with plastic and municipal waste, trade rule formations and policies that caused problems and availability of finance for the sector.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..