Opened in 2004, the $2.3 billion Delhi Metro continues to expand as a shining example of how to carry out an effective public works programme, the financial services major KPMG said in its report.
With phases III and IV scheduled for completion in 2016 and 2021 respectively, the Delhi Metro will soon encompass a network of 142 stations and 190 kilometers of track. Funding is courtesy of the national government, the Government of Delhi and a substantial loan from the Japan International Cooperation Agency (JICA).
The 165-km, six-lane Yamuna Expressway, that cost $1.9 billion to build, connects Delhi with Agra and has created a corridor for economic growth.
Image: Image: BCCL, Anindya Chattopadhyay Opened in 2012, the 165 kilometer, six-lane Yamuna Expressway is India’s longest highway, connecting the capital New Delhi with Agra. The project is also one of India’s largest PPP road financing arrangements, with concession costs subsidized by cash flows from land sales along the route.
The other projects part of KPMG’s lists are, Delhi’s Interceptor Sewage System, Tata Power’s Mundra ultra mega power project, Gujarat International Finance Tec-City (GIFT) & Narmada Canal Solar project.
The Mundra Ultra Mega Power Project is a major coal-fired thermal power plant serving the states of Gujarat, Rajasthan, Maharashtra, Haryana and Punjab. The 25-year concession is a landmark PPP for the Indian energy sector.
This megaproject is planned as a greenfield finance and business district located between Ahmedabad and Gandhinagar and combines state-of-the-art connectivity, infrastructure and transportation with sustainable, environmentally sensitive growth. Indian Prime Minister Narendra Modi backs the initiative, which is designed to change the way India thinks about contemporary urban planning.
Image:thehindubusinessline.com The Narmada Canal Solar project includes placing a solar photovoltaic grid over the top of a 5.5 kilometer section of the canal, preventing water from evaporating and producing renewable power