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.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..