Developers face difficulty finding affordable land and getting financing after accepting some of the world’s lowest green energy tariffs over the past two and a half years.
The switch from an electricity system supplied by large fossil fuel plants that run virtually uninterrupted to a more haphazard mix of smaller, intermittent renewable sources will need batteries to store energy.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
The analysis is half truth. Firstly, analyse how this products or services has become costly because of government policy of extracting the maximum as duties or spectrum charges etc. Secondly, affordability of these services or products by vast sections of our society where just 4 or 5 percentage of population are income tax payers.
Rightly said. The consequences don’t end with bidders not being able to sustain. Collateral damage of cost escalation of incomplete or abandoned projects upward revising multi fold or cost of credit going up or lending becoming more stringent , intended results getting inordinately delayed etc. Consequential damage is far higher than the gap between L1 and L2 ! Quality based approach and judicious evaluation is must. Further, there must be a cost bench marking from reputed 3rd party. Bids significantly lower must be rejected as unsustainable. Niti Aayog is right in its recommendation.
The analysis is half truth. Firstly, analyse how this products or services has become costly because of government policy of extracting the maximum as duties or spectrum charges etc. Secondly, affordability of these services or products by vast sections of our society where just 4 or 5 percentage of population are income tax payers.
Rightly said. The consequences don’t end with bidders not being able to sustain. Collateral damage of cost escalation of incomplete or abandoned projects upward revising multi fold or cost of credit going up or lending becoming more stringent , intended results getting inordinately delayed etc. Consequential damage is far higher than the gap between L1 and L2 ! Quality based approach and judicious evaluation is must. Further, there must be a cost bench marking from reputed 3rd party. Bids significantly lower must be rejected as unsustainable. Niti Aayog is right in its recommendation.
When it’s costly then problem, when it’s cheaper then also problem. It’s so hard to satisfy people these days.