Ad Here  
Hindalco – re-rating RoC in the dock... Tata Steel, ThyssenKrupp sign MoU to merge European units IOB on turnaround path Welcome focus to improve rural India... E.I.D Parry (India) Ltd: another sweet year HPCL plans Rs.61,000 crore capex over 5-years Tata gets 4-star rating for Zest Yamaha unveils scooter boutique Right to privacy – now it’s fundamental! Ode to Ratan Tata Hyundai India achieves 7 mn production at Chennai factory L & T’s floating dock for navy Tata Motors charts investments in PV and CV businesses PPP model for infrastructure development Consolidating leadership position in smartphones Increasing market share TN government keen on revival of operations at Nokia complex Are they really independent? A welcome initiative-even critics are recognised Solar installations exceed 2015 capacity in five months Preparing for the next growth curve ITC chairman calls for policy impetus to transform agriculture TI Cycles plans retail expansion to drive sales for premium bicycles Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Rane targets Rs.5500 crore topline by 2018-19 A niche in FMCG business... Chinese smart phones flourish in small towns too! Bajaj Finserv – Q1: fare well Mercedes-Benz sales continue to zoom M & M unveils driverless technology for tractors Smooth sailing of SAIL AL secures orders for 3600 buses Emami – a new growth mantra Sundram Fasteners rejigs international Tata Motors aims to be among the Top 3 global CV & PV firm The unexpected exit Back in growth mode Aurobindo Pharmacy: good turnaround PSU non-life firms seek to protect share Kone India eyes further growth in elevator market He excels in the nuts and bolts of entrepreneurship Gamesa to set up a plant in Nellore Hyundai to focus on SUVs and AMT variants Land wars CAPITAL NOTES Toyota and Suzuki to introduce EVs in India by 2020 L&T bags the Mumbai Trans-harbour link order It takes two to tango Record two-wheeler sales Michelin to double Chennai capacity AL wins Deming prize again Vellayan is back, after 150 days Nissan exit shouldn’t affect ALL 29 per cent jump in TCS revenues The gainers and the losers Maruti – for young buyers Ponni Sugars (Erode) Ltd: not so sweet 2012-13 TVS Srichakra plans capacity expansion Carnival Films acquiring 3000 screens pan India ITC – steep excise hike Titan Company – sales recovery to kick in L & T set bigger ambitions in defence business TVS Automobile invests Rs.75 crore in start-up firms Smartphone onslaught by Chinese brands From the toughest to the best year When small is not so beautiful… Forging industry worried over lower supply of steel and its price Singur minus Nano – victory or folly? V-Guard launches app-enabled water heater system Dish TV – subscriber additions encouraging New India Assurance posts impressive show Tata Motors bets on new launches L&T profit up by 11 per cent Is this a generation gap? Last stages Daimler’s truck exports from Chennai cross 5000 units Housing demand revival Tata Motors joins compact SUV bandwagon with Nexon Eyes strong growth in 2016-17 LVB posts 31 per cent growth in Q1 net profit Daimler grows sales and share in India AL introduces Guru & Partner Sivasankaran enters taxi space to take on Uber and Ola Wabco launches safety system
PPP model for infrastructure development
L&T Infrastructure Development Projects Limited (L&T IDPL) was initially incorporated as L&T Holdings Limited primarily to invest in infrastructure projects. This wholly-owned subsidiary was conceived as a growth engine for the construction business of L&T.

L&T quickly realised that investment in infrastructure required a very long term view with a horizon of at least fifteen years.  Hence, in order to take advantage of the increased private participation in the nation building process, it was decided that this infrastructure subsidiary would internally re-align to report to the CFO of L&T and take decisions on bids purely from an investment perspective and not be clouded with construction-related opportunities or margins.   

The company is today a pioneer of the public-private-partnership model of development in India, where infrastructure projects are developed in partnership among the Central and state governments, private sector partners, financing agencies and communities.  It has business interests in the development of roads and bridges, ports, metro rail, power transmission lines, wind energy and emerging sectors such as water and railways and handles a portfolio of infrastructure assets with estimated project cost of $ 7 billion comprising 22 projects across sectors.

L&T IDPL covers the entire gamut of transportation infrastructure development starting from identifying projects, studying their viability, understanding the risks, determining risk mitigating measures, financial structuring of these projects (including re-financing) and project management, operation and maintenance of the asset and, finally, successful return of the utility to the Authority.

The company has not only been a pioneer in transportation Infrastructure development under the PPP model but also the leader in the roads sector with a significant presence of 19 road projects. It is one of India‘s largest road developers as measured by lane kilometers under concession agreements with the Central and state government authorities.  Hyderabad Metro Rail, which is the largest Metro rail project in the PPP sector, is being developed by L&T IDPL.

 L&T IDPL has successfully completed concessions and delivered the assets to the concessionaire authorities as well as exited the projects in various business segments with attractive equity returns. Some of the projects completed and exited by L&T IDPL include Kakinada Deep Water Port in Andhra Pradesh, Bengaluru International Airport, Jaipur-Kishangarh Expressway, Rajasthan and Dhamra Port,Odisha.

1 2
Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236