Mandhir Singh is the Chief Operating Officer of Castrol, part of London-headquartered BP. In this interview with ...
India’s Minister for Road Transport, Highways and Shipping, Nitin Gadkari, has described the National Highways Authority of India’s (NHAI) Masala Bond debut on the London Stock Exchange (LSE) as a sign of India’s growing attraction among global investors. The rupee-denominated National Highways Authority of India (NHAI) Masala Bond issued with much fanfare by the Minister for Road Transport, Highways and Shipping, Nitin Gadkari, in London recently marks the largest ever five-year issuance and has been described as the "largest inaugural [...]
India has got its electricity under control but still does not have an answer to its unrelenting thirst for imported crude. India has invested heavily in building up power plants to the extent there is a glut-like situation today. This year, India’s installed power capacity crossed 300 GW while peak power consumption is estimated in the range of just 140 GW. At least part of this excess capacity is lost as, at 27 per cent, the distribution and transmission losses [...]
India needs $1 trillion in investments over the next five years to upgrade its creaking infrastructure to global standards but a combination of unfavourable market conditions, weak commodity prices, inability of Indian banks to lend large sums of money, poor raw material linkages and lack of urgency at the level of state governments have conspired to make the task even more difficult than it otherwise would have been. The “directional framework” released by government think tank Niti Aayog last year [...]