DUBLIN--(BUSINESS WIRE)--The "Infrastructure Projects in Pipeline 2017" report has been added to Research and Markets' offering.
In the past couple of years, there has been progress on the ground in most infrastructure sectors. Among the transport sectors, the pace of capacity creation in terms of broad gauge and electrification in railways has almost doubled. The roads and bridges sector witnessed record progress in project award along with a substantial increase in the speed of construction. The government's biggest and most ambitious programme for the maritime sector, Sagarmala, moved a step forward from the concept stage, with the release of the National Perspective Plan in April 2016. Within airports, two major Greenfield projects - Navi Mumbai and Mopa were awarded.
In the power sector, capacity addition in renewables exceeded that in conventional power. In fact, India's solar power generation capacity crossed 10 GW in 2017, a more than three-fold jump in less than three years. UDAY continued to show promising results.
The urban infrastructure sector witnessed approval of a number of projects under schemes such as the Smart Cities Mission, the Atal Mission for rejuvenation and Urban Transformation, the Swachh Bharat Mission and the National Mission for Clean Ganga. The metro segment also witnessed significant progress with the completion and the award of some major projects.
The outlook for the infrastructure sectors is promising and will be largely driven by increased investments in the power, railways, roads and bridges, metro rail, water and waste, ports, airports and oil and gas sectors. Infrastructure development is thus expected to offer significant business opportunities for contractors, technology providers, and equipment and material suppliers.
However, a number of issues and challenges continue to affect the implementation and timely completion of all infrastructure projects. Project development and preparation are often lacking, resulting in legal disputes between stakeholders. Private investment has been slow to flow amidst uncertainty over the bankability of projects. The land acquisition issue remains critical and is still a major cause for projects getting stalled. The good news is that most of these issues have been recognised and concrete steps are being undertaken to resolve them.
Going forward, a lot of attention needs to be paid on timely project execution which in turn depends on proper project structuring, adequate political support, credible and updated data systems, and consistent revenue streams
Key Topics Covered:
Section I: Overview, Opportunities and Outlook
Section II: Pipeline Analysis by Sector
Section III: Database of Key Projects
For more information about this report visit https://www.researchandmarkets.com/research/nx5wlz/infrastructure
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Related Topics: Infrastructure Construction