Catalogue of Research Reports on Infrastructure Sectors

July 2019

India Infrastructure Research www.indiainfrastructure.com ABOUT US

India Infrastructure Research is a division of India Infrastructure Publishing Private Limited, a company dedicated to providing information on the infrastructure sectors through magazines, conferences, newsletters and research reports.

India Infrastructure Research publishes research reports in the areas of power, oil & gas, ports & shipping, roads & bridges, telecommunications, aviation and water.

Our reports are acknowledged as high-quality, user-friendly, up-to-date, accurate and comprehensive sources of information. They range from sector overviews (Power in India, for example) to more intensive studies of seg- ments and subsegments (such as Power Transmission in India and Power Distribution in India).

Our clients include most organisations involved in the infrastructure sectors – multinationals, top Indian corporates, commercial and investment banks, consulting companies, public sector companies, government agencies, multilateral agencies and legal firms. TABLE OF CONTENTS ENERGY Commercial and Industrial Solar Market in India ...... 2 Underground Cables Market in India ...... 3 CGD Market in India ...... 4 LNG Market in India ...... 5 Waste to Energy ...... 6 Distribution Franchise in India ...... 7 Competitive Bidding for Wind Projects ...... 8 Rooftop Solar in India ...... 9 Open-Access for Renewables ...... 10 T&D Equipment Market in India ...... 11 Future of Solar O&M in India ...... 12 Industrial and Commercial Grid Power Market in India ...... 13 Power Distribution in India ...... 14 Power Transmission in India ...... 15 Captive Power in India ...... 16 Coal-based Power Generation in India ...... 17 Hydro Power Market in India ...... 18 Gas in India ...... 19 Solar Power in India ...... 20 Wind Power in India ...... 21 Solar Plant Performance in India ...... 22 Renewable Energy Development in Africa ...... 23 Charging Infrastructure for Electric Vehicles ...... 24 TRANSPORTATION Logistics in India ...... 25 Railways in India ...... 26 Ports in India ...... 27 Dredging in India ...... 28 Freight Market in India ...... 29 Storage Infrastructure in India ...... 30 Airports in India ...... 31 Road Development in India ...... 32 Urban Rail in India ...... 33 Clean Bus Market in India: Hybrid, Electric, Gas-Based ...... 34 Container Market in India ...... 35 CONSTRUCTION & MINING Construction in India ...... 36 Mining in India ...... 37 Tunnelling in India ...... 38 Mining Equipment Market ...... 39 URBAN INFRASTRUCTURE Affordable Housing in India ...... 40 Smart Cities in India ...... 41 Municipal Solid Waste in India ...... 42 Sewage Treatment Market in India ...... 43 Real Estate in India ...... 44 TELECOM Optic Fibre Cable Market in India ...... 45 MULTI-SECTOR Infrastructure Projects in Pipeline ...... 46 Investment and Market Opportunities in African Infrastructure ...... 47 Investment and Market Opportunities in Southeast Asian Infrastructure ...... 48 Healthcare Infrastructure and Market in India ...... 49 Investment Experience and Opportunities in Infrastructure ...... 50 Irrigation Market in India ...... 51 Banking Technology in India ...... 52 Mergers and Acquisitions in Infrastructure and Real Estate ...... 53 Opportunities in Indian Defence Market 2019 ...... 54 NEWSLETTERS ORDER FORM Commercial and Industrial Solar Market in India (July 2019) Price: Rs 75,000 (USD 1,770) Key Trends, Regulatory Landscape and Demand Projections for Open Access-based & Captive Projects (Draft ToC) Table of Contents

1. EXECUTIVE SUMMARY ...... - Key features of the the state's power sector ENERGY z Power capacity mix (% and MW) SECTION I: MARKET OVERVIEW z Generation mix (% and MUs) - Capacity trends in solar C&I segment 2. SIZE AND GROWTH ...... z Growth in captive solar capacity (% and MW) - Annual growth trend z Growth in C&I rooftop solar capacity (% and MW) - Current market size (MW) z List of third-party solar open access projects z Open access/ Third-party solar - Tariff trends z Captive solar z Discom-wise HT industrial tariffs (2018-19) - State-wise Installed C&I capacity in rooftop space z Discom-wise commercial tariffs (2018-19) - Key growth drivers z Comparison with solar tariffs - State-wise potential (MW) - Cost economics and ROI - Key risks and challenges z Project capex and opex z Payback period 3. KEY TRENDS AND DEMAND DRIVERS ...... z State-wise RoI - Grid-power vs. captive solar - Drivers and roadblocks - Policy and regulatory scenario z State-wise open access charges z Open access charges for solar projects z Solar policy targets in focus states z Group captive regulations for solar projects z State-wise retail tariffs z Key features of rooftop policies and regulations z Discom health across key states z Net/gross metering regulations z State-wise APPC trends z Likely impact of the policy andregulatory scenario on segment z RPO trajectory growth z Power demand outlook - Outlook and projections - State-wise solar open access score z Existing industrial clusters - State-wise captive solar power score z Upcoming industrial clusters z Projected size of the solar C&I segment (2019-20 to 2024-25) 4. COST STRUCTURES, TARIFF TRENDS AND PROJECT RETURNS . . . . . - Cost economics of open access-based projects SECTION III: KEY PROJECTS AND MARKET PLAYERS - Cost economics of captive solar project - Annual HT industrial tariff trends 8. CURRENT PROJECTS AND PLANNED SOLAR CAPACITY IN THE C&I - Annual commercial tariff trends SEGMENT ...... - Solar tariff trends across states (This will have information including project size, location, developer, EPC provider, - Return analysis business model, project cost, etc.) - Commercial segment 5. INDUSTRY STRUCTURE AND BUSINESS MODELS ...... z Airports - Power sale options z Mass Transit Systems - Current business models z Ports z Capex z Indian Railways z Opex z Others (Walmart, Infosys, Amazon, Flipkart, IBM, etc.) - Emerging business models - Industrial consumers (This will include players like Indian Oil z Aggregator Corporation Limited, ONGC, HPCL, ACC Cement and the GMR z Solar as a Service Group) z Key operational projects 6. PROJECTIONS FOR C&I SOLAR MARKET (2019-20 TO 2024-25) . . . . . z Upcoming projects - Policy and regulatory outlook - Potential challenges 9. KEY DEVELOPER PROFILES ...... - Expected future trajectory of industrial and commercial tariffs (This will have information about 8-10 developers’ current C&I project portfolio in (2019-20 to 2024-25) both rooftop and ground-mounted segments, key consumers in the C&I space, key - Power demand/supply projections in MUs (2019-20 to 2024-25) partnerships, future plans, etc.) - Banking provision in MUs (2019-20 to 2024-25) - Amplus Solar - State-wise addressable solar potential in the C&I segment (2019-20 - Cleantech Solar to 2024-25) - CleanMax Solar - State-wise projected solar capacity in the C&I segment (2019-20 - Fourth Partner Energy to 2024-25) - Gensol Engineering z High growth-scenario - Hero Future Energies z Medium growth-scenario - Rays Power z Low growth-scenario - ReNew Power - Sterling & Wilson SECTION II: STATE FOCUS - Etc.

7. STATE PROFILES ...... (This chapter will feature detailed information and analysis of the C&I solar segment in 12 states. These are Andhra Pradesh, Chhattisgarh, Haryana, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana, Uttarakhand and The report will be available in a PDF format. Uttar Pradesh)

2 | India Infrastructure Research www.indiainfrastructure.com ENERGY (USD 1,180) (USD Table of Contents Table Price: Rs 50,000 Price: Rs 50,000 India Infrastructure Research | 3 The report is available in a PDF format. Transmission Distribution z z Corridors, State Government Initiatives, etc.) - Snapshot of the Mission - Works for UG Cabling Physical Targets - Cities in Key Completed so Far Projects - Under Construction/ Projects Awarded - Projects Proposed - Issues and concerns - Growth Drivers for UG Cabling - Expected Demand for UG Cables - of Utilities by Segment Plans and Targets - Budgeted Capital Expenditures on UG Cabling - Outlook Future - Brief Company Overview - Offerings Product Key - Existing Manufacturing Capacity - Financial Performance - Plans Future - Government (IPDS, Green Energy Snapshot of Key Programmes - for UG Cabling Works Physical Targets - UG Cabling Projects for Availability Funding - Issues and Concerns 5. OPPORTUNITIES UNDER SMART CITIES MISSION ...... The Smart offers significant opportunities Cities Mission for underground Dharamshala, cabling in key cities. Some cities such as Indore, Belagavi, Kanpur and Tirupati for setting up are implementing projects Lucknow, wires, water underground cabling network for utilities such as electric pipelines, stormwatercables. This drains, sewers and telecommunication works proposed to be chapter provides the details of plans and targets of taken up under various schemes. 6. AND OUTLOOK PROJECTIONS (till 2022) ...... and physical targets This chapter will give a snapshot of the investments and discoms. The proposed for underground cabling networks by transcos information presented in this chapter is based on both primary and sec- ondary information collected from transcos and discoms. 7. LEADING PLAYERS ...... This chapter primarily focuses on the profiles of key vendors and technolo- gy providers for underground cabling. Each profile covers the following information: 4. OPPORTUNITIES UNDER KEY CENTRAL/STATE GOVERNMENT KEY CENTRAL/STATE 4. OPPORTUNITIES UNDER PROGRAMMES...... importantUnderground cables are an part of several central government networks under IPDS. This chapter provides initiatives for improving T&D of works proposed to be taken up under the details of plans and targets various schemes. (November 2018) (November Distribution Distribution Transmission Distribution Transmission Transmission Transmission z z z z z z Deals) - Growth and Size of Existing T&D Networks - T&D Network Additions Recent - T&D Network Additions Projected - Capex (till 2022-23) Projected - Outlook Future - Issues and Challenges - Experience so far in T&D Networks - Emerging Utility Requirements - Trends and Cost Pricing - Tenders Recent Key - Issues and Challenges - Design, Laying and Construction Processes - Trends and Technology Product - and Developments (JVs/Acquisitions/Partnership Market Trends - Commissioned Major Projects - Construction Awarded/Under Major Projects 2. MARKET SIZE AND GROWTH FOR UNDERGROUND CABLES ...... Most of India's T&D network continues to be strung overhead across the concerns of supply are mak- about reliability and quality country; however, lines. This ing utilities gradually replace their networks with underground chapter gives an overview utility requirements in on the new and emerging following: the underground cabling segment and will cover the 1. T&D INDUSTRY OVERVIEW...... The T&D industry being made has been growing steadily with investments chapter gives an in system strengthening and capacity additions. This overview of the T&D industry and will focus on: EXECUTIVE SUMMARY ...... for power in urban areas and industries, under- With the growing demand becoming an increasingly indispensable partground cable systems are of systems. With improved technologies power transmission and distribution between underground cables the cost differential and increased reliability, and overhead power lines is narrowing are acknowledging the and utilities cabling. This reportbenefits associated with underground will attempt to in the deployment of underground cables so take a look at the key trends far;of T&D utilities; examine new and analyse the plans and proposal and solutions being offered by the evolving technology improvements industry; the key issues and challenges. as well as assess 3. RECENT TRENDS AND ADVANCES ...... and well-installed underground cable systems are expected Well-designed to have a service life of 30-40 years. Utility providers, transmission com- panies and cable manufacturers are hence, looking for new technologies and solutions to respond to new grid challenges. This chapter looks at the new and promising technologies, designs and solutions for underground cable networks. Market Trends, Outlook and Opportunities Outlook and Market Trends, Underground Cables Market in India Market in Cables Underground www.indiainfrastructure.com City Gas Distribution Market in India 2019 (June 2019) Price: Rs 100,000 (USD 2,360) Performance Analysis, New Bidding Rounds, Business Opportunities and Future Outlook No. of slides: 569 Table of Contents

1. EXECUTIVE SUMMARY AND KEY INSIGHTS ...... 13. MARKET OPPORTUNITIES FOR SERVICE/EQUIPMENT PROVIDERS . .

ENERGY - GAs Awarded: Pipe Manufacturers; Compression and Dispensing SECTION I: MARKET ANALYSIS, UPCOMING NETWORKS AND NEW Equipment; Meter Manufacturers OPPORTUNITIES 14. TARIFFS, ECONOMICS AND COST COMPETITIVENESS ...... 2. OVERVIEW - Commercial Viability of CGD; Expected Impact of New Regulations - Network Size and Growth, Key Consumer Segments, Gas Supply for on the Commercial Viability of the CGD Business; New & Innovative CGD, Notable Trends, Recent Authorisations, Major Players, Business Models (DODO Model, Green Energy corridors, etc.); Investment Projections (2024-25), Issues and Challenges, Sector Capex Requirements; Opex Requirements; Cost Competitiveness of Outlook CNG and PNG; Profitability/Margins of CGD Players; Historical Returns; Expected Returns; Leverage of CGD Players; Key Risks and 3. CNG NETWORK - SIZE AND GROWTH ...... Challenges - Current Network Size - Growth in the Last Five Years 15. UPDATE ON PIPELINE INFRASTRUCTURE ...... - Growth in Network - by State, Operator - Current Status of Pipeline Infrastructure - Trends in CNG Sales - Projects Underway - Proposed Projects/Projects at Initial Stages of Development: 3. PNG NETWORK - SIZE AND GROWTH ...... Domestic, Transnational - Current Network Size - Investment Requirements - Growth in the Last Five Years - Pipeline Development - Concerns Affecting the CGD Sector - Growth in Network - by State, Operator - Sales by CGD Operator SECTION II: GAS SUPPLY SCENARIO AND OUTLOOK

4. RECENT REGULATORY DEVELOPMENTS ...... 17. DOMESTIC GAS SUPPLY AVAILABILITY AND OUTLOOK ...... - Institutional Framework, Licensing Regime, New Bidding Criteria, - Current Domestic Production; Policy Enablers; Sourcing Options of Key Remaining Concerns, Domestic Gas Allocation Principles, CGD Players; Gas Supply Projections - Existing Domestic Fields; Regulatory Outlook Expected Production from New Fields

5. OVERALL BIDDING EXPERIENCE ...... 18. R-LNG SUPPLY SCENARIO ...... - Experience So Far, Update on Licensing Rounds (1 to 10), - Trends in LNG Imports; Global Price Trends; Demand from the CGD Amendments to Bidding Criteria, Recent Aggressive Bids (Round 9 Sector; LNG Sourcing Options for CGD Players; India’s Existing LNG and 10), Trends in Network and Compression Charges, Impact of Re-gasification Capacity; Upcoming LNG Re-gasification Capacity; New Penalty Clause, Key Lessons Learnt Future Outlook

6. PERFORMANCE OF KEY OPERATIONAL NETWORKS ...... SECTION III: TECHNOLOGY TRENDS AND NEW OPPORTUNITIES - Profiles of 20-25 Key Operational CGD Networks 19. NETWORK AND ASSET MANAGEMENT ...... 7. PROGRESS OF KEY UNDER CONSTRUCTION NETWORKS ...... - Current Practices - Profiles of 20-25 Key Under Construction CGD Networks - Select Case Studies - New Trends and Advancements 8. ROUND 9: UPCOMING GAS AND DEMAND ASSESSMENT ...... - Future Plans and Outlook - Snapshot; Geographical Spread/Distribution of GAs Offered; GAs Granted Authorisations; Successful Bidders; Key Features - Area, 20. METERING AND BILLING ...... Population, Households, etc.; Infrastructure to be Laid in the Next - Current Practices Eight Years (as per MWPs); Investment Projections; GA-wise Gas - Select Case Studies Demand Projections; Top Investment Destinations - Emerging Metering Technologies - Select Case Studies 9. ROUND 10: UPCOMING GAS AND DEMAND ASSESSMENT ...... - Issues and Challenges - Snapshot; Geographical Spread/Distribution of GAs Offered; GAs Granted Authorisations; Successful Bidders; Key Features - Area, 21. OTHER FOCUS AREAS ...... Population, Households, etc.; Infrastructure to be Laid in the Next - LNG Fuel Stations Eight Years (as per MWPs); Investment Projections; GA-wise Gas - LNG-fuelled Vehicles Demand Projections; Top Investment Destinations - Bio-CNG/Compressed Biogas Plants (CBP)

10. ROUNDS 2 TO 8: GAS YET TO RECEIVE AUTHORISATION ...... SECTION IV: PROFILE OF MAJOR PLAYERS - Snapshot; Unauthorised GAs under Rounds 2-8 Authorised in Rounds 9 and 10; Key Features - Area, Population, Households, 22. PROFILES OF MAJOR PLAYERS ...... etc.; Infrastructure to be Laid as per MWPs; Investment Requirements - Aavantika Gas Limited; Adani Gas Limited; Assam Gas Company Limited; Bhagyanagar Gas Limited; Bharat Gas Resource Limited; 11. NEW CGD NETWORKS ALONG THE URJA GANGA PIPELINE ...... Central UP Gas Limited; Consortium of AG&P LNG Marketing Pte. - Introduction of JHBDPL and the BG Pipeline Project; Key Milestones; Limited and Atlantic Gulf & Pacific; Consortium of Think Gas CGD Infrastructure: Key Features; Infrastructure To Be Laid in Six Investments Pte Limited; Essel Gas Company Limited; Gail India CGD Cities; 5 Year Target of the CGD Project; Progress on CGD Limited; Gail Gas Limited; Green Gas Limited; Gujarat Gas Limited; Infrastructure; Investment Projections: Industry Estimates, Capex Haryana City Gas Distribution Limited; Indian Oil- Adani Gas Private Projections; GA-wise Gas Demand Projections; Technology Limited; Indraprastha Gas Limited; Mahanagar Gas Limited; Initiatives; Issues and Challenges Maharashtra Natural Gas Limited; Rajasthan State Gas Limited Sabarmati Gas Limited; Hindustan Petroleum Corporation Limited; 12. FUTURE OUTLOOK AND DEMAND PROJECTIONS ...... Indian Oil Corporation Limited; IRM Energy Private Limited; Megha - Growth Drivers; Overall Gas Demand Projections - A Perspective Engineering and Infrastructures Limited; Torrent Gas Private Limited; from the Past; Overall Gas Demand Projections; Gas Demand Unison Enviro Private Limited Projections for the CGD sector; Investment in the CGD Sector: Trend So Far; Investment Projections for the CGD sector (till 2024-25); Region-wise CGD Outlook; Projected CGD Sales; Projected CGD The report is available in a PDF format. Sales: Key Players

4 | India Infrastructure Research www.indiainfrastructure.com ENERGY (USD 1,180) (USD Table of Contents Table Rs 50,000 Rs 50,000 India Infrastructure Research | 5 No. of slides: 127 Price: No. of slides: The report is available in a PDF format. Krishna Godavari LNG Import Floating Terminal Kakinada Floating LNG FSRU Import Terminal (GMR) Kakinada LNG Terminal Krishnapatnam LNG FSRU Terminal Mangalore LNG Terminal Karawar LNG FSRU Terminal Dhamra LNG Import Terminal Ennore LNG Terminal Jaigarh LNG Terminal Pipavav LNG FSRU Import Terminal Digha LNG FSRU Terminal Gangavaram LNG Terminal Port FSRU Terminal Blair Hooghly LNG Terminal z z z z z z z z z z z z z z - Dahej - Hazira - Dabhol - Kochi - Under Construction Terminals - Market Opportunities Players for Key - Existing Pipeline Infrastructure - Upcoming Pipeline Projects - Issues and Challenges - Australia - Qatar - Russia -US - South America - Nigeria - Other MENA Countries - Others - Terminals Proposed/Announced SECTION II: FOCUS ON LNG INFRASTRUCTURE SECTION II: FOCUS ON LNG 7. EXISTING LNG TERMINALS...... 8. UPCOMING LNG TERMINALS...... 9. PIPELINE INFRASTRUCTURE ...... SECTION III: PROFILES OF MAJOR LNG EXPORTING COUNTRIES 10. KEY COUNTRIES AND REGIONS ...... (August 2018) City Gas Distribution Power Fertilisers Mining and Industrial Natural Gas Demand LNG Demand Unmet Demand z z z z z z z - Trends Domestic Gas Production - Import Trends - Sourcing Countries - (Long-term LNG Contracts Key and Spot) - Renegotiations Contract Recent - Trends Global LNG Pricing - Analysis Spot LNG Price - Long-term Contract Pricing - Forecast LNG Price - Growth Drivers - by Consumer Segment Natural Gas Demand Projections - Projections Domestic Gas Production - LNG Demand Projections - LNG Capacity Projections - Chain LNG Value - Scenario Gas Demand Supply - of LNG Role - and Growth LNG Market Size - and Developments Trends Recent - Regulations Key - Global LNG Scenario - Importers with Key India's Geopolitical Relations - Issues and Challenges - Outlook Future - Current Demand - Analysis by Consuming Segments 5. PRICING TRENDS AND FORECASTS ...... 6. AND OUTLOOK PROJECTIONS ...... 4. SUPPLY ANALYSIS4. SUPPLY ...... 2. OVERVIEW ...... 3. DEMAND ANALYSIS ...... 1. EXECUTIVE SUMMARY...... SECTION I: MARKET TRENDS AND ANALYSIS SECTION I: MARKET TRENDS Market Analysis, Key Trends and Outlook Trends Key Market Analysis, www.indiainfrastructure.com LNG Market in India in India LNG Market Waste to Energy 2018 (May 2018) No. of slides: 140 Price: Rs 50,000 (USD 1,180) Segment Analysis, Trends and Outlook Table of Contents

1. EXECUTIVE SUMMARY ...... SECTION B: SEGMENT ANALYSIS ENERGY

SECTION A: MARKET OVERVIEW, TRENDS AND OUTLOOK 7. MSW-BASED POWER PROJECTS ...... - Size and Growth 2. CURRENT SCENARIO ...... - MSW Generation in Major Cities of India - Waste Generation Potential in India - Growth Drivers - Size and Growth of Waste to Energy - Upcoming Projects - Leading Cities in Waste to Energy Development - Key Issues and Challenges - Current Industry Structure - Future Outlook - Waste Treatment and Processing Practices - Key Project Case Studies: Key Features; Waste Collection System; - New Technology Advancements Waste Management Practices; Performance Trends; Critical - Market for Waste Residues/Byproducts Success Factors - Key Issues and Challenges - Future Outlook 8. INDUSTRIAL WASTE-BASED POWER PROJECTS (INCLUDING CAPTIVE OFF-GRID) ...... 3. ENABLING POLICY FRAMEWORK ...... - Size and Growth - Swachh Bharat Mission - Industry-wise Potential - Smart Cities Mission - Growth Drivers - Government Schemes for Waste-based Projects - Upcoming Projects - National Tariff Policy, 2016 - Key Issues and Challenges - Solid Waste Management Rules, 2016 - Future Outlook - Environmental Norms for WtE Projects - Key Project Case Studies: Key Features; Waste Collection System; - GST for WtE Projects Waste Management Practices; Critical Success Factors - WtE Tariffs Determined by CERC and SERCs - State-wise WtE Policies and Regulations 9. BIOGAS PROJECTS ...... - Size and Growth 4. FUTURE OUTLOOK AND MARKET OPPORTUNITIES ...... - Market Potential - MNRE’s Targets - Growth Drivers - Key Growth Drivers - Upcoming Projects - Capacity Addition Outlook - Key Issues and Challenges - Investment Projections - Future Outlook - City-wise Potential and Opportunities - Key Project Case Studies: Key Features; Waste Collection System; - Market Opportunities Waste Management Practices; Critical Success Factors - The Way Forward 10. BIO-CNG PROJECTS ...... 5. ANALYSIS OF OPERATIONAL PROJECTS ...... - Size and Growth - City-wise Analysis of Waste to Energy Capacity - Market Potential - Technology-wise Analysis - Growth Drivers - Segment-wise Analysis: MSW Power Plants; Grid Power Projects in - Upcoming Projects Industries; Captive off-grid Projects; Biogas for Captive Thermal; - Key Issues and Challenges Bio-CNG Projects - Future Outlook - Key Project Case Studies: Key Features; Waste Collection System; 6. ECONOMICS AND FINANCING ...... Waste Management Practices; Critical Success Factors - Cost Economics - Key Financiers - Year-wise CFA and Sanctions - New Financing Tools and Instruments - Emerging Business Models for Project Development - Key Risks and Concerns The report is available in a PDF format. - Project IRRs

6 | India Infrastructure Research www.indiainfrastructure.com ENERGY (USD 1,180) (USD Table of Contents Table Rs 50,000 Rs 50,000 India Infrastructure Research | 7 No. of slides: 90 Price: No. of slides: The report is available in a PDF format. The report Angul (Enzen Global Solutions Private Limited) Angul (Enzen Global Solutions Private Distribution Company Limited) Limited) Utilities Private deficit, Revenue Realised) Realised) deficit, Revenue - Limited) Power Bhiwandi (Torrent - Nagpur (Spanco Nagpur Discom Limited) - Limited) Power Agra (Torrent - Limited) Muzaffarpur (Essel Vidyut Vitaran (Muzaffarpur) - Bhagalpur (SPML Infra Limited) - Corporation Limited) Gaya (India Power - Talcher Dhenkanal, Division I & II, Jagatsinghpur, Kendarapara and - Electricity Khurda, Balugaon, Puri and Nayagarh (Feedback - City Electrical Division (Cuttack), Athagarh and Salipur (Riverside - Limited) Nimapara (Seaside Utilities Private - and Bikaner (CESC Limited) Bharatpur Kota, - Company Limited) Power Ajmer (Tata - of Award Year - Served Area and No of Consumers - Validity of Franchise Term - Bid Details - Issues and Challenges Key - Current Infrastructurearea in DF - Gap, Energy loss reduction, Revenue Performance (AT&C Review - Major Initiatives undertaken by DF The franchises covered include: 5. PROFILES OF DISTRIBUTION FRANCHISES ...... (April 2018) SBD for IBF-IRS by MoP SBD for IBF-IRS for appointment of DF Analysis of RFPs Others Collection-based Input-based Sharing Revenue Input-based Franchisee-Incremental Input plus Investment-based z z z z z z z - Franchises Operational/Awarded - Franchises Terminated - Franchises Awarded Recently - Bids Recent - Growth Drivers -Factors Success Key - Upcoming Opportunities - Evolving DF Models - Issues and Challenges - Distribution Segment in Power Trends Key - for DFs Needs and Requirements - Distribution in Power PPP Experience - Evolution of DF model - and Regulatory Environment Policy - Current Scenario - Initiatives/Developments Recent - on DF NEP's Recommendations - Players Key - of DF contracts Types - Features Key - and Utility of Franchisee Responsibilities - Advantages and Limitations - Bidding criteria and considerations 4. FUTURE OUTLOOK ...... 3. EXPERIENCE SO FAR ...... 2. DF CONTRACTS FOR AND BIDDINGSTRATEGIES ...... 1. OVERVIEW ...... www.indiainfrastructure.com Distribution Franchise in India Franchise Distribution Competitive Bidding for Wind Projects (May 2018) No. of slides: 140 Price: Rs 50,000 (USD 1,180) Key Trends, Risks, Alternatives and Outlook Table of Contents

1. EXECUTIVE SUMMARY ...... 8. IMPACT ON INDUSTRY STRUCTURE ...... ENERGY - Trends in Market Share

2. WIND SECTOR OVERVIEW ...... - Emerging Project Developers Landscape

- Capacity Addition Trends - Impact on Manufacturing Industry

- Yearly Targets and Achievements - Industry Structure post-Competitive Bidding

- State-Wise Capacity Growth Trends - Industry Consolidation

- Key Milestones And Developments

- Impact Of Competitive Bidding On Capacity Addition 9. CHANGING COST ECONOMICS ......

- Emerging Growth Drivers - Wind Tariff Trends

- Emerging Areas of Opportunity - Tariffs Determined Through Competitive Bidding

- Key Issues And Challenges - Average Power Purchase Cost

- REC Price and Volume Trends

3. POLICY AND REGULATORY FRAMEWORK ...... - Return on Investment Analysis and Comparison

- Key Features Of Competitive Bidding Guidelines For Wind Projects

- State-wise Competitive Bidding Policies And Guidelines 10. FINANCING OF COMPETITIVELY BID PROJECTS ......

- Renegotiation Of Older PPAs - Change in Project Costs Post-Competitive Bidding

- Policy And Regulatory Needs And Outlook - Key Sources of Funds

- Emerging Sources of Financing for Wind Power Developers

4. EXPERIENCE OF COMPLETED WIND TENDERS ...... - Financing Outlook

- Bidding Processes And Overall Experience

- Result Analysis Of SECI Tranche I To IV Tenders 11. IMPACT ON CAPACITY ADDITION AND INVESTMENT ......

- Result Analysis Of State-Wise Tenders - Future Growth Drivers

- Impact on Capacity Addition Outlook

5. UPCOMING WIND TENDERS ...... - Impact on Investment Requirements

- Key Features Of Upcoming tenders - Key Risks and Challenges

- Key Issues and Challenges

6. RISKS AND CHALLENGES ......

- Policy And Regulatory Risks

- Legal Challenges

- Financing-Related Issues

7. ALTERNATIVE WIND POWER SELLING OPTIONS ......

- Renewable Energy Certificates (REC)

- Open Access

- Sale On Power Exchanges The report is available in a PDF format. - Pros And Cons For Alternative Power Sale Options

8 | India Infrastructure Research www.indiainfrastructure.com ENERGY Table of Contents Table India Infrastructure Research | 9 No. of slides: 241 Price: Rs. 75,000 (USD 1,770) 241 Price: Rs. No. of slides: The report is available in a PDF format. The report By Segment By State Low Scenario Medium Scenario High Scenario Equity Deals Bonds Green, Masala and Municipal Domestic Commercial Loans/ NBFCs by Government Institutions and Development Funding Multilateral/Bilateral Financing IPOs Others z z z z z z z z z z z z - Modules - Solar Inverters - Mounting Structures - equipment BoS Other Key - Azure Power - Fourth Partner Energy - CleanMax Solar - Amplus Solar - Cleantech Solar - SunSource Energy - Power ReNew - Solar Power Tata - Impact on Grid - State Discom's Approach - Case Studies -Options Debt and Equity - Models for Rooftop Emerging Financing Solar - Financings Recent - Demand Outlook Power - Growth in Share of Rooftop Solar - Addressable Solar Market - Solar Demand Outlook - Risks and Challenges - Investment Requirement Future 9. ROOFTOP SOLAR EQUIPMENT MARKET OUTLOOK (Up to 2024-25)9. ROOFTOP SOLAR EQUIPMENT MARKET OUTLOOK . . 10. KEY PLAYERS ...... 7. FINANCING TRENDS, INSTRUMENTS AND STRUCTURES ...... 8. ADDRESSABLE MARKET FOR ROOFTOP SOLAR BY 2024-25 ...... (May 2019) Project Returns Project Business Models Developer-led Utility-led Business Models Case Studies Commercial Industrial By State Central Level State Level By Year By Segment z z z z z z z z z z z - Impact on Demand - Impact on Revenue - Size and Growth - Business Models - Issued by SECI and Other Agencies Results: Tender - by Central Level Agencies Ongoing and Announced Tenders - by State Level Agencies Ongoing and Announced Tenders - Emerging Metering Arrangements - Implementation Experience - across States of Metering Policies Features Key - Challenges Issues and Key - Capital cost breakdown - Trends Solar Equipment Price - Capital cost trends - Trends O&M Price - Rooftop Solar Tariffs - vs. Grid tariffs Rooftop Solar Tariffs - Cost Economics Project - Government and Institutions - Residential - Introduction - Commercial and Industrial - Stakeholders Key - and Incentives Rooftop Policies - Growth Drivers - Barriers and Challenges - Outlook Future 6. IMPACT 6. ON IMPACT DISCOMS ...... 1. MARKET OVERVIEW ...... EXECUTIVE SUMMARY ...... 4. METERING REGULATIONS 4. AND METERING THEIR REGULATIONS IMPLEMENTATION ...... COST 5. ECONOMICSTARIFFS, AND BUSINESS MODELS ...... 3. PROJECT PIPELINE ...... 2. SEGMENT-WISE ANALYSIS2. SEGMENT-WISE ...... www.indiainfrastructure.com Rooftop India 2019 Solar in Open-Access for Renewables (December 2018) Price: Rs 60,000 (USD 1,180) Emerging Economics, Evolving Regulatory Framework, Increasing Opportunities and Changing Risks Table of Contents

1. MARKET OVERVIEW, KEY TRENDS AND RECENT DEVELOPMENTS . . . - Provision for Changes in Regulatory Charges ENERGY There is a rising popularity among developers, especially renewable energy - Penalties players, to go for third-party direct sale agreements. States of Karnataka, - Legal Terms Tamil Nadu, Andhra Pradesh and Telangana in the southern region of India and Rajasthan, Punjab and Haryana in the northern region of the country 6. ROLE OF ENERGY BANKING, F&S AND DEVIATION SETTLEMENT are fast catching up with open access transactions. But there are signifi- MECHANISM ...... cant challenges in the growth of this segment, especially those pertaining Energy banking will play a key role in the success of solar and wind power- to discoms’ resistance to let go of their high-end consumers. based open access projects. Banking is presently allowed by SERCs upon - Size and Growth of Open Access-based Power Projects the levy of a banking charge, which differs in magnitude across states. - Renewable Energy-based Open Access Projects: Year-wise Trends, Rules around energy banking are specified in different types of documents Source-wise Share in various states. Additionally, various attributes of the energy banking - Participation of Open Access Consumers in the REC Market: framework also differ across states. Volume Trends, Price Trends - State-wise Energy Banking Mechanism for Open Access Projects: - Leading States Banking Charge, Banking Period, Buy-back Rate, Restrictions on - Key Growth Drivers Time of Injection, Withdrawal of the Banked Energy, Other Attributes - Tariff Trends in Open Access through Solar and Wind (seasonality constraints, buy-back rates, accounting for RPO, etc.) - Key Issues and Challenges - State-wise Emerging Energy Banking Framework - State-wise Forecasting and Scheduling 2. IMPACT OF AMENDMENTS IN ELECTRICITY ACT, 2003 ...... - Deviation Settlement Charges - Amendments Pertaining to Open Access for Renewables - Likely Impact on Growth of Open Access-based PPAs 7. STATE PROFILES ...... - Unaddressed Issues This chapter will include profiles of Andhra Pradesh, Karnataka, Tamil - Industry Experts’ Opinions and Recommendations Nadu, Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Telangana, Uttar Pradesh, Chhattisgarh, Haryana, Delhi, Punjab, etc. 3. EXISTING OPEN ACCESS POLICY AND REGULATORY SCENARIO . . . . . - Open Access Charges and Exemptions for Solar and Wind Power: The policy and regulatory framework in this space is currently highly dis- Transmission Losses, Distribution Losses, Wheeling Charges, Cross persed and varied across states, and is not even stable over the years. Subsidy Surcharge, Additional Surcharge, Reactive Energy Charges, There is always a risk of open access charges changing year on year, Standby Charges, Banking of Surplus Solar Power, Scheduling of making it a risky proposition to invest in. Power, Energy Metering - Overview of Open Access Charges and Losses: For Solar Projects, - Key Players and Capacities: Overall Solar, Solar Open Access, For Wind Projects Overall Wind, Wind Open Access - Model Regulations for Intra-state Open Access and Group Captive - Landed Cost and Return Analysis - State-wise Orders of Open Access/Group Captive - Process and Approvals for Open Access Projects - State-wise Implementation Status Overview - Key Industrial and Corporate Clusters: Existing, Upcoming - State-wise Power Demand and Supply Overview - RPO Trajectory for Open Access Consumers 8. PROJECTED OPEN ACCESS MARKET ...... - Key Issues and Challenges Over 2 GW of green power is being sold to big corporates through direct agreements and the trend is northbound as more and more corporates and 4. INDUSTRY STRUCTURE AND BUSINESS MODELS ...... industries are joining in the race. The business case for renewable energy The industry structure in the renewable open access segment has been based open access is getting stronger with the decreasing cost of green emerging gradually with more number of players entering into this space. power and increasing cost of thermal power. Project developers and investors are currently cautious of investing signifi- - Short-term (2019-23) and Long-term (2024-28) Projections cantly in this segment, but the trend is now changing. - Renewable-based Open Access Capacity Projections - Power sale options: Bilateral, Collective, REC - Open Access Projected Tariff and Pricing Trends - Industry Structure - IRR Projections - Key Players and Capacities: Solar Segment, Wind Segment - Future Growth Drivers - Risks and Concerns - Expected Market Restraints

5. TERMS OF THIRD-PARTY POWER SALE CONTRACTS ...... EXPERT OPINION ...... It is important for both the buyers and sellers to clarify and list out their The report will feature 5-8 interviews of senior representatives at regulatory expectations and accordingly draw up the commercial power sale contract commissions, large open access consumers and key open access project as per the applicable regulatory framework in the respective state. developers, and experienced industry consultants - Time Period - Extension Provision The report is available in a PDF format. - Tariff and Escalations

10 | India Infrastructure Research www.indiainfrastructure.com ENERGY T&D Equipment Market Projections in India 2019 (August 2019) Price: Rs. 90,000 (USD 2,124) Market Analysis, Growth Drivers, Outlook and Projections (Draft ToC) Table of Contents

1. EXECUTIVE SUMMARY ...... - Key Players - Projected Demand for Overhead Conductors PART A–MARKET TRENDS AND OUTLOOK - Projected Demand for Underground Cables - Potential For Reconductoring And Replacement 2. POWER SECTOR OVERVIEW ...... - Demand and Supply 11. POWER TRANSFORMERS ...... - Historical Analysis - Overview - Future Projections - New Technologies and Advances - Key Growth Drivers and Trends - Key Players - Outlook - Projections for Transformation Capacity - Projected Demand for Power Transformers 3. TRANSMISSION SEGMENT ANALYSIS ...... - Segment Size and Growth, Network Performance, Recent 12. INSULATORS ...... Developments, Recent M&As, TBCB Projects Update, Transmission - Overview Project Pipeline, Transco Capex Plans, Issues and Concerns - New Technologies and Advances - Key Players 4. DISTRIBUTION SEGMENT ANALYSIS ...... - Projected Demand for Insulators - Sector Size and Growth - Performance under UDAY 13. REACTIVE POWER EQUIPMENT ...... - Recent Policy and Regulatory Reforms - Overview - Utility Capex Plans - Key Players - Growth Drivers - Technology Trends - Issues and Concerns - Projected Additions: Bus Reactors, Line Reactors, Dynamic Compensation Equipment 5. GOVERNMENT INITIATIVES SUPPORTING T&D EQUIPMENT MARKET . - 24x7 Power for All PART C - DISTRIBUTION EQUIPMENT ANALYSIS AND PROJECTIONS (Till - IPDS 2023-24) - 175 GW Renewable Energy by 2022 - Central and State Initiatives for Smart Metering 14. DISTRIBUTION CONDUCTORS AND CABLES ...... - Green Energy Corridor Projects - Overview - Mission 41K for Rail Electrification - New Technologies and Advances - Smart Grid Initiatives and Smart Cities Mission - Key Players - Interstate and Intra-state TBCB Opportunities - Projected Distribution Line Length Additions - Grid Balancing for Renewables - Key Players - National Mission on E-Mobility - Utility Initiatives - Projected Demand for Cables and Conductors 6. RECENT CONTRACTS AND AWARDS ...... - Potential For Reconductoring And Replacement - Recent Transmission Awards - Recent Distribution Segment Tenders 15. DISTRIBUTION TRANSFORMERS ...... - Announced and Upcoming Bids - Overview - New Technologies and Advances 7. EQUIPMENT MARKET OUTLOOK AND PROJECTIONS (till 2023-24) . . . - Key Players - Key Growth Drivers - Projections for Distribution Transformation Capacity - Network Additions Projections: ransmission, Distribution - Projected Demand for Distribution Transformers - Projected Capex of Transmission and Distribution Companies - T&D Equipment Market Projections 16. SWITCHGEAR ...... - Projected Investments - Overview - Future Outlook - Recent Trends and Advances - Key Players PART B– TRANSMISSION EQUIPMENT ANALYSIS AND PROJECTIONS - Transformer Capacity Projections (Till 2023-24) - Projected Demand for Switchgear: AIS, GIS, Hybrid

8. SWITCHGEAR ...... 17. SMART METERS ...... - Overview - Overview, Growth Drivers, Smart Meters, Prepaid Meters, Net - Technology Trends and Advances Meters, Utility Initiatives, Projected Demand for Smart Meters - Key Players - Projections for Substations 18. KEY EQUIPMENT MANUFACTURER AND SUPPLIER PROFILES . . . . . - Potential for Digitalisation and Automation This chapter will feature the profiles of leading equipment manufacturers - Projections for Switchgear: AIS, GIS, Hybrid and suppliers covering the following aspects: - Current Operations 9. TRANSMISSION TOWERS ...... - Key Business Segments - Overview, Emerging Technology Trends, Recent Trends and - Products and Services Offerings Advances in Construction, Key Players, Transmission Line Length - Manufacturing Capacity and Facilities Projections, Projected Demand for Towers - Order book - Recent Orders 10. CABLES AND CONDUCTORS ...... - Other Developments (Expansions, M&As, etc.) - Overview - Recent Financial Performance - New Technologiesand Designs - Key Contacts - Underground Cabling: Experience and Outlook z Emerging Requirements z Projects Commissioned so Far The report will be available in a PDF format. z Major Projects Awarded/Under Tendering z Plans and Targets of Utilities

www.indiainfrastructure.com India Infrastructure Research | 11 Future of Solar O&M in India (September 2018) Price: Rs 60,000 (USD 1,180) Changing Landscape, Growing Role of Digitisation and New Opportunities Table of Contents

1. EXECUTIVE SUMMARY ...... ™ Forecasting and scheduling ENERGY Solar plants are built to last 20-25 years. After the engineering procurement ™ Deviation settlement management and construction period is completed, developers need to ensure that the ™ Integration of energy storage into existing plants operations and maintenance (O&M) activities are seamless for sustained ™ Cost implications energy generation over the project lifetime. The report will highlight the ™ Experience so far emerging opportunities in this space and the growing role of new technolo- gies like automation and artificial intelligence. 7. O&M COMPANY PROFILES ...... A large number of O&M focused players are coming up, some as hive-offs 2. MARKET OVERVIEW ...... from existing EPC companies and others as independent specialists. This In the initial years of solar power development in India, O&M was often cou- chapter will have 5-8 profiles of key O&M players in India covering the fol- pled with EPC and performed by the same vendors, but of late, solar O&M lowing: has emerged as a separate market with its own landscape, trends and ™ Project portfolio dynamics. This chapter will cover the following areas: ™ Service offerings ™ Current size of the solar O&M market ™ Technology tie-ups ™ Market size by segment ™ On-ground experience z Utility-scale, Rooftop, Canal-top & floating solar ™ In-pipeline capacity ™ Key growth trends and drivers ™ Etc. ™ O&M Evolution - Reactive to Predictive Analysis z Applications in solar O&M, Cost and time savings 8. DIGITALISATION AND AUTOMATION AT PLANT LEVEL ...... ™ Emerging Role of Energy Storage Digitalisation and automation will play a key role in providing efficient O&M ser- ™ Key issues and concerns vices, thereby changing the current O&M cost composition, which is current- ly dominated by manpower expenses. New technologies are being adopted for 3. COST TRENDS ...... improving asset lifecycle management, predictive maintenance, remote sen- The cost of O&M services has been declining over the past few years and soring and control, cloud computing, and use of drones for visual imaging. A the downward trend is expected to continue. The cost composition itself is number of companies have also already started using robotics for cleaning changing due to greater automation and use of advanced tools. This chapter modules. This chapter will cover the following areas: will cover the following areas: ™ Emerging role, applications and use case for the following ™ Solar O&M cost trajectory (2012-18) z Manpower and material management, Automated monitoring and ™ Cost breakup analysis big data analytics, Robotics, drones and wearables z Vehicles and logistics, Equipment and tools, Overheads, Personnel/ ™ Growing role of artificial intelligence Manpower, Digital, Others z Machine learning applications, AI field assistants and predictive ™ Cost projections (2019-24) analytics, Existing use cases z Business model evolution, Key cost considerations, Impact of ™ Key technology providers scale, Impact of energy storage, Future cost estimates ™ Industry Perspective (Views of key personnel from the solar O&M industry and technology 4. EMERGING O&M BUSINESS MODELS ...... providers on the growing role of AI, robotics and data analytics) Globally, there has been a rise of third party solar O&M service providers. As more sophisticated and structured approach emerges in the solar O&M mar- 9. KEY CHALLENGES, BEST PRACTICES AND CASE STUDIES ...... ket, third party providers are able to deliver more value to solar investors and The lack of attention given to O&M practices is one of the primary challenges owners. This chapter will cover the following areas: that the segment is facing. If the plant is not maintained properly, developers ™ Capex-based can lose up to 15 per cent of the returns. This chapter will cover the follow- ™ Profit-sharing ing areas: ™ Fixed cost ™ O&M challenges matrix ™ O&M extensions ™ Best practices (Globally and in India) ™ Others ™ Case studies (This will cover successes and failures of various technologies, business models and strategies adopted by O&M 5. TERMS OF O&M CONTRACTS ...... players) It is important for both developers and O&M service providers to clarify and list out their expectations and accordingly draw up a long-term contract. An 10. PROJECTED O&M MARKET SIZE (FROM 2019-20 TO 2024-25) . . . . . effective contract will result in higher plant efficiencies. This chapter will The total addressable market for solar PV O&M is expected to reach 30 GW cover the following areas: in 2018-19. It is likely to more than triple by 2022 to exceed 100 GW. In fact, ™ Time periods going forward, as the installed base gets larger, O&M revenue may even ™ Product warranties exceed the development and construction revenue. This chapter will cover ™ Performance guarantees/SLAs the following areas: ™ Penalties ™ Impact factors ™ Ownership ™ Emerging O&M industry structure ™ Legal terms ™ Short-term projections ™ Medium-term projections 6. GRID MANAGEMENT BY O&M PLAYERS ...... ™ Long-term projections As the government becomes stricter in its implementation of forecasting, scheduling and deviation settlement mechanism regulations, grid manage- ment will become a key component of O&M players. Integration of energy storage on to existing plants will lead to a greater O&M play. This chapter will The report is available in a PDF format. cover the following areas:

12 | India Infrastructure Research www.indiainfrastructure.com ENERGY Table of Contents Table Price: Rs 40,000 (USD 944) Price: Rs 40,000 India Infrastructure Research | 13 The report is available in a PDF format. The report Sale of Power to Commercial Consumers to Sale of Power Sales Power in Total Share of Commercial Consumers from Commercial Consumers Revenues Discom Revenues in Total Share of Commercial Consumers z z z z - Drivers Key - Outlook and Projections - Revisions Industrial Tariff Commercial All-India Average - of Sale of Power Rate in Average State- and Utility-wise Trends - Changes in Tariffs Year-on-Year - to Commercial Consumers Utility-wise Sale of Power - in Sale of Power Utility-wise Share of Commercial Consumers - from Commercial Consumers Utility-wise Revenues - Revenues in Total Utility-wise Share of Commercial Consumers - Andhra Pradesh - Assam - Bihar - Chhattisgarh - Delhi - Gujarat - Haryana - Himachal Pradesh - Jammu & Kashmir - Jharkhand - Karnataka - Kerala - Madhya Pradesh - Maharashtra - Meghalaya - Odisha - Punjab - Rajasthan - Nadu Tamil - Telangana - Uttarakhand - Uttar Pradesh - Bengal West - Historical Trends 9. TARIFF TRENDS9. TARIFF ...... COMPARISON10. INTER-STATE ...... DISCOM MARKET ANALYSIS11. STATE-WISE ...... SECTION III: COMMERCIAL CONSUMERS MARKET SECTION III: COMMERCIAL 8. MARKET OVERVIEW ...... No. of slides: 473 No. of slides: Share of LT Consumers in Total Discom Revenues Consumers in Total Share of LT Sale of Power to LT Consumers to LT Sale of Power Sales Power Consumers in Total Share of LT Consumers from LT Revenues Sale of Power to HT Consumers to Sale of Power Sales Power Total Share of HT Consumers in from HT Consumers Revenues Discom Revenues Total Share of HT Consumers in z z z z z z z z - Historical Trends - Revisions Industrial Tariff LT All-India Average - of Sale of Power Rate in Average State- and Utility-wise Trends - Changes in Tariffs Year-on-Year - Consumers to LT Utility-wise Sale of Power - consumers in Sale of Power Utility-wise Share of LT - Consumers from LT Utility-wise Revenues - Revenues consumers in Total Utility-wise Share of LT - Drivers Key - Outlook and Projections - Historical Trends - Drivers Key - Outlook and Projections - Revisions Industrial Tariff HT All-India Average - of Sale of Power Rate in Average State- and Utility-wise Trends - Cost of Supply of Average as a Percentage HT Tariffs - Changes in Tariffs Year-on-Year - Consumers in Cross-Subsidy Surcharges for HT Industrial Trends - to HT Consumers Utility-wise Sale of Power - of Power Utility-wise Share of HT Consumers in Sale - from HT Consumers Utility-wise Revenues - Revenues Utility-wise Share of HT Consumers in Total 2. MARKET OVERVIEW ...... SECTION I: HT CONSUMERS MARKET SECTION I: HT CONSUMERS 1. EXECUTIVE SUMMARY...... 7. INTER-STATE COMPARISON7. INTER-STATE ...... 6. TARIFF TRENDS6. TARIFF ...... 5. MARKET OVERVIEW...... 3. TARIFF TRENDS3. TARIFF ...... COMPARISON4. INTER-STATE ...... MARKET CONSUMERS SECTION II: LT Industrial and Commercial Grid Power Market in India 2017 in India Market Power Grid and Commercial Industrial (April 2017) www.indiainfrastructure.com Power Distribution in India 2019 (February 2019) No. of slides: 851 Price: Rs. 75,000 (USD 1,770) Segment Analysis and New Developments; Outlook and Projections Table of Contents

EXECUTIVE SUMMARY ...... Impacting Tariffs; Tariff Revisions; Category-wise Tariff Trends

ENERGY (Agricultural, Domestic, Industrial HT & LT, Commercial); Global SECTION A: SECTOR ANALYSIS AND OUTLOOK Comparison; Trends in Cross-subsidy Surcharges

1. SECTOR SIZE AND GROWTH ...... 13. UJWAL DISCOM ASSURANCE YOJANA (UDAY) ...... - Growth in Line Length (by voltage), Growth in Transformer Capacity - Overview; Baseline Scenario; Impact of UDAY on Financial (by voltage), Trends in Energy Sales and Consumer Base, Trends in Parameters: Debt Restructuring and Issuance of Bonds, AT&C AT&C Losses, Performance of Reliability Indices, Growth Drivers, Losses, ACS-ARR Gap; Trend in Tariff Revisions; Impact of UDAY Issues and Concerns on Operational Parameters; Smart Metering Progress; Issues and Concerns; Next Steps 2. RECENT POLICY AND REGULATORY MOVES ...... - Draft Electricity (Amendment) Act, 2018; Draft Amendments to 14. SAUBHAGYA ...... Tariff Policy, 2016; Proposed Uniform Tariff Framework; Aggregate - Overview; Saubhagya - Key features, implementation procedure, Medium-term Pilot Scheme for Procurement; PRAAPTI web portal etc.; Baseline Scenario; DDUGJY Physical Progress; Progress in HH and application; CERC's consultation paper on tariff regulations for Electrification; Status of Grants and Budgetary Support; Major 2019-24; CERC's discussion paper on Redesigning Real Time Challenges; Outlook Electricity Market; CERC's discussion paper on Redesigning the Ancillary Services Mechanism; Clarification on Charging 15. INTEGRATED POWER DEVELOPMENT SCHEME (IPDS) ...... Infrastructure for EVs; FAME-II Scheme for EVs & State EV Policies; - Physical Targets and Achievements; Sanctions and Disbursements; Others(Proposal for National Discom, Tightening of Lending norms) Progress under R-APDRP & SCADA; Progress of IT enablement under Phase-II; Underground Cabling under IPDS; Smart Meter 3. KEY RECENT DEVELOPMENTS ...... Installations; Key Issues and Concerns; Outlook - Progress under Government Schemes; Updates under Smart Metering National Programme; PPA-related developments; Tariff 16. SMART GRID INITIATIVES ...... Hikes; Recent Developments impacting Discom Tariffs; Digital - Status of Pilot Projects; NSGM Framework and Targets; Projects Initiatives; Discom Rankings; Updates related to Private Participation under National Smart Grid Mission; Other Smart Grid initiatives by in Distribution Discoms; Key Learnings; Issues and Way Forward

4. INTER-DISCOM COMPARISON ...... 17. IMPACT OF ALTERNATIVE POWER PROCUREMENT OPTIONS ON - Consumer Base; Energy Sales; Line Length; Transformer Capacity; DISCOMS ...... AT&C Losses; ACS-ARR Gap; Power Purchase Costs; Net Profits; - Trends in OA Sales; RE-based Open Access Market; Exchange- Metering Coverage; Power Quality and Reliability based Power; Captive Consumption; Issues and Concerns; Future Outlook 5. IMPACT ANALYSIS OF EMERGING TRENDS ...... - Retail Competition; Changing Tariff Design; DBT for Subsidy 18. FUTURE OUTLOOK FOR NETWORK GROWTH ...... Disbursements; Rise of Third-party Power Sale Contracts; Preparing - Projected Line Length Additions; Projected Substation Additions; for E-Mobility; Digitisation Projected Distribution Transformer Capacity Additions; Projected Metering Requirements 6. ANALYSIS OF OPERATIONAL PERFORMANCE ...... - Billing Efficiency; Collection Efficiency; AT&C Losses; ACS-ARR 19. FUTURE OUTLOOK FOR COSTS, TARIFFS AND FINANCES ...... Gap; Outages; DT Failure Rates; SAIDI & SAIFI Indices; Challenges - Outlook on Power Purchase Costs; Tariff Outlook; Outlook on and the Way Forward Discom Finances; Outlook for UDAY

7. FINANCIAL PERFORMANCE ANALYSIS (2013-14 to 2017-18) ...... 20. PROJECTED EQUIPMENT REQUIREMENTS ...... - Trends in Utility-wise Revenues; Trends in Utility-wise Gross Profits; - Planned Investments in Distribution Network; Growth Drivers; Trends in Utility-wise Net Profits; Outstanding Debt of Discoms; Projected Demand for Equipment: Cables, Conductors, Transformer, Payable Days; Trends in Subsidies Booked and Received; Key Ratio Switchgear Analysis SECTION B: DISCOM PROFILES 8. EXPENDITURE ANALYSIS ...... - Cost Break-up of Utilities; Utility-wise Trends in Power Purchase Profiles of Discoms by State: Costs (aggregate and per unit); Source-wise Power Purchase Costs - Andhra Pradesh (APSPDCL, APEPDCL); Assam (APDCL); Bihar (by Utility); Long-term Procurement through Case 1; Utility-wise (NBPDCL, SBPDCL); Chhattisgarh (CSPDCL); Delhi (BRPL, BYPL, Trends in O&M Costs TPDDL); Gujarat (PGVCL, UGVCL, MGVCL, DGVCL, Torrent Power); Goa (Goa PD); Haryana (UHBVN, DHBVN); Himachal Pradesh 9. O&M COSTS ...... (HPSEB Limited); Jammu & Kashmir (JKPDD); Jharkhand (JBVNL); - Year-wise Trends in O&M Costs; Trends in Utility-wise O&M Costs; Karnataka (BESCOM, HESCOM, GESCOM, CESCOM, MESCOM); O&M Costs break-up Kerala (KSEB Limited); Madhya Pradesh (MP Paschim, MP Poorv, MP Madhya); Maharashtra (MSEDCL, Adani Electricity, Tata Power, 10. CAPITAL EXPENDITURE (2013-14 to 2017-18) ...... BEST); Manipur (MSPDCL); Meghalaya (MePDCL); Odisha (CESU, - Trends in Year-wise Capex; Discom-wise Capex Trends; Key Capex WESCO, NESCO, SOUTHCO); Punjab (PSPCL); Rajasthan (JVVNL, Components; Planned Capex and Proposed Break-up; Capex AVVNL, JdVVNL); Sikkim (Sikkim PD); Tamil Nadu (TANGEDCO); Break-up of Major Discoms Telangana (TSNPDCL, TSSPDCL); Tripura (TSECL); Uttarakhand (UPCL); Uttar Pradesh (DVVNL, PVNNL, PuVVNL, MVVNL, KESCo, 11. POWER PURCHASE COSTS ...... NPCL); West Bengal (WBSEDCL, CESC, India Power) - Aggregate Power Purchase Cost Trend; Per Unit Power Purchase Each profile covers information on traffic, capacity, existing infrastructure, ongoing Cost Trend; Impact of Recent Developments on Power Purchase and upcoming projects, and future expansion plans. Costs; Source-wise Power Purchase Costs (by Utility); Long-term Procurement through Case 1 bidding; Short-term Power Trading by Discoms The report is available in a PDF format. 12. TARIFF TRENDS ...... - State and Utility-wise Trends in Tariffs; Recent Developments

14 | India Infrastructure Research www.indiainfrastructure.com ENERGY Table of Contents Table Price: Rs. 75,000 (USD 1,770) Price: Rs. India Infrastructure Research | 15 The report is available in a PDF format. The report Substations, Transmission Losses, System Availability Availability Losses, System Substations, Transmission in in O&M Costs, Trends Trends in Utility-wise Net Profit, Trends Ratio Capital Expenditure, Debt/Equity Energy Corridor Green (GEC) Energy, Integration of Renewable Energy Management Centres I and II, Renewable Projects Issues and Challenges so Far, Network, Progress Projects Donor-funded Corporation, Bhakra Beas Management Board Company Limited, Karnataka Power Electricity Transmission Vidyut Prasaran Rajya Corporation Limited, Rajasthan Transmission Company Transmission Power Nigam Limited, Madhya Pradesh Corporation Limited, Transmission Power Limited, Uttar Pradesh Corporation Limited, etc. Nadu Transmission Tamil Limited, Essel Infraprojects Limited, Transmission Power Reliance Transmission Limited, Essar Power Kalpataru Transmission Power Company Limited, L&T Infrastructure Limited, etc. Projects Performance financials (2013-18), indicators (2013-18), Key Expected growth in transmission network and capacity (till 2023- 24), Planned capital expenditure (till 2023-24), Contact details - Number of Capacity, Line Length, Transformer Transmission - in Utility-wise Expenditure, Trends in Utility-wise Revenues, Trends - Energy Capacity Addition, Challenges in Grid Renewable Projected - Existing Interconnections: India-Bangladesh, India-Nepal, India-Bhutan - Ongoing Interconnection Projects - Interconnections under Planning - Issues and Challenges - Overview of 41k Initiative, Planned Additions in Transmission - ADB-funded Other Bank-funded Projects, Projects, World - Damodar Valley Grid Corporation of India Limited, Power - Corporation Limited, Maharashtra State Gujarat Energy Transmission - Limited, Limited, Adani Transmission Transmission Sterlite Power - Growth in transmission network and capacity (2013-18), SECTION III: FINANCIAL AND OPERATIONAL PERFORMANCE OF AND OPERATIONAL SECTION III: FINANCIAL TRANSCOS PERFORMANCEOF OPERATIONAL ...... 9. ANALYSIS OF FINANCIAL PERFORMANCE10. ANALYSIS ...... KEY PROGRAMMES AND FOCUS AREAS SECTION IV: 11...... PROJECTS . RENEWABLE INTEGRATION ENERGY 12. CROSS-BORDER INTERCONNECTIONS ...... SYSTEM PLANS FOR TRANSMISSION 13. INDIAN RAILWAY’S DEVELOPMENT ...... 14. PROGRESS PROJECTSON DONOR AGENCY-AIDED ...... TRANSMISSION UTILITY PROFILES SECTION V: 15. CENTRAL TRANSMISSION UTILITIES ...... TRANSMISSION UTILITIES16. STATE ...... TRANSMISSION 17. COMPANIESPRIVATE ...... Each profile will provide data and analysis on the following: (March 2019) Capacity (by voltage and utility) Capacity (by voltage and utility) Transformer Equipment Power Switchgears, Reactive Transformers, Additions, Projected Additions to Substations, Expansion in Inter- Additions, Projected TBCB Investment Projections, Capacity, regional Transfer Opportunities Issues and and Intra-state Levels, Key at Inter-state Outlook Concerns, Future Transformer Capacity, Trends in Substation Additions, Growth in Trends Capacity, Transformer against in Transmission Growth Capacity, Transfer Inter-regional in Trends Capability, Transfer Growth in Total Generation Capacity, Issues and in Sector Investments, Key Trends Network Reliability, Challenges Smart Cyber Update, Intra-state Transmission, Grid Projects Infrastructure,Security Initiatives for Power Impact of EV of ISTS Waiver on Grid Operators and Transcos, Penetration Commissioned till March Charges for Solar and Wind Projects Utilisation 2022, Implications of Energy Storage on Grid Reliability, Consolidation Moves/M&A Assets for Telecom, of Transmission Loans and Financing Deals Deals, New Players and Developers, Key - The Auction and E-bidding for Transmission Mechanism, Reverse Projects, Draft SDB for Intra-state Transmission Experience so Far, and Efficient Planning, Coordination and Development of Economic Draft System Regulations, on Regulations Transmission Inter-State 2019-24, Other Key for the Period & Conditions for Tariff Terms Amendments and Draft Regulations under Bidding (Interstate and Intra-state), Projects so Far Awarded Pipeline (Interstate & Intra-state) (Interstate & Intra-state), New Project - Overall Pipeline - Line Length (by voltage and utility), Transformer Projects: Inter-state - By Line Length (by voltage and utility), By Intra-state Projects: - Growth Drivers - Conductors, Power Demand for Equipment: Towers, Projected - Capacity Transformer Line Length Additions, Projected Projected - in Transmission Line Length, Growth Growth in Transmission - Competition in Constitution of National Committee on Transmission, - Ancillary Electricity Act (Amendment) Bill, Re-Designing Services - The Experience so Far - Projects Competitive Bidding (TBCB): Status of Tariff-based etc) - JV, Participation Other Private (PPP, Models - Issues and Concerns Key - of Connection Methodology and Charges Point - Tariffs Interstate Transmission - Tariffs Intra-state Transmission 8. EQUIPMENT REQUIREMENTS ...... 7. PROJECT PIPELINE ...... 6. NETWORK GROWTH AND INVESTMENTS ...... 1. SECTOR SIZE AND GROWTH...... 2. RECENT DEVELOPMENTS ...... 3. POLICY INITIATIVESAND REGULATORY ...... SECTOR 4. PARTICIPATION PRIVATE 5. TRANSMISSION TARIFFS...... AND PROJECTIONS (till 2023-24) SECTION II: OUTLOOK SECTION I: MARKET TRENDS AND DEVELOPMENTS SECTION I: MARKET TRENDS EXECUTIVE SUMMARY ...... Power Transmission in India 2019 in India Transmission Power Outlook and Projections and Developments, Trends www.indiainfrastructure.com Captive Power in India 2018 (August 2018) No. of slides: 189 Price: Rs 60,000 (USD 1,416) Trends, Capacity Analysis and Outlook Table of Contents

1. EXECUTIVE SUMMARY ...... 9. FUEL OUTLOOK ...... ENERGY - Coal SECTION I: MARKET TRENDS, DEVELOPMENTS AND OUTLOOK z Demand and Offtake Trends z Trends in Production and Supply 2. OVERVIEW ...... z E-auctions - Size and Growth z Coal Import Trends - Growth Drivers z Coking Coal Supply Trends - Key Trends z Prices of Linkage Coal - Plans and Investments z International Price Trends - Future Outlook z Supply Outlook and Projections

3. POLICY AND REGULATORY DEVELOPMENTS ...... - Gas - Draft Amendments in Electricity Rules, 2005 z Consumption - CERC’s APPC Order z Supply and Offtake Trends - Renewable Purchase Obligations z Domestic Gas Prices - Rooftop Market and Net Metering z LNG Imports - Open Access z Trends in LNG Prices - Wheeling, Banking and Third Party Sale Options z Pipeline Infrastructure Developments - Update on Environmental Norms z Supply Outlook and Projections - Other Key Developments - Liquid Fuels 4. INSTALLED CAPACITY ANALYSIS ...... z Consumption Trends - Estimated Total Captive Capacity z Price Trends for Crude Oil and Diesel - Distribution of Captive Capacity z Future Outlook z By Size z By Fuel 10. GRID POWER TARIFFS ...... z By Industry - Tariff Trends z By State z HT Industrial Tariff z LT Industrial Tariff 5. FOCUS ON GROUP CAPTIVES ...... z Commercial Tariff - Growth Drivers - Recent Tariff Revisions - Market Size z HT Industrial Tariff - Technology Options and Cost Economics z LT Industrial Tariff - Impact of New Draft Rules z Commercial Tariff - Future Outlook - Open Access Charges - Trends in Cross-subsidisation 6. CAPTIVE POWER FROM RENEWABLES ...... - Future Outlook - Overview - Capacity Addition Trends by Source 11. POWER TRADING SCENARIO ...... - State-wise Capacity Addition - Short-Term Power Market Trends - Growth Drivers - Key Drivers - REC Trading Trends - Power Trading through Exchanges - Policy Measures and Incentives - Power Trading through Licensees - Challenges and Outlook - Open Access in Exchanges - Major Buyers and Sellers 7. OUTLOOK AND PROJECTIONS ...... - Issues and Concerns - Key Drivers for Future Demand - Future Outlook - Upcoming Captive Capacity - Issues and Challenges SECTION III: DATABASE OF CAPTIVE POWER PLANTS The most comprehensive database covering about 2,600 captive power SECTION II: ECONOMICS, FUEL OUTLOOK AND TRADING OPTIONS plants with information on owner, capacity, location and fuel type. Industries covered would include: Metals and Minerals; Cement; 8. CAPTIVE POWER ECONOMICS ...... Petrochemicals (Inc. Refineries); Chemicals; Textiles; Engineering; Pulp and - Technology Options Paper; Fertilisers; Sugar; Institutional Users; Group Captive; etc. - Coal-based CPPs (Capex and Opex) - Gas-based CPPs (Capex and Opex) - Liquid Fuel-based CPPs (Capex and Opex) The report is available in a PDF format. - Renewable Energy (Capital Costs and Tariffs)

16 | India Infrastructure Research www.indiainfrastructure.com ENERGY Table of Contents Table India Infrastructure Research | 17 No. of slides: 348 No. of slides: 75,000 (USD 1,770) Price: Rs. The report is available in a PDF format. The report Trends in PPAs, Tariff Discovered under Case 1 and 2 Bids, Tariff in PPAs, Trends Generation Costs, Short-term DEEP, E-bidding under Prices, Power in Other Costs, Cost Costs, Trends in Fixed and Variable Trends Options, Generation Cost of New Comparison with other Fuels Outlook Plants, State-wise Marginal Cost, Future CoD, Size, Location Stressed Assets, Capacity Utilisation and PLFs, Generation Tariffs, Emission Norms Compliance Management Systems, Control and Instrumentation (C&I) Systems Vidyut Utpadan Nigam Vidyut Utpadan Nigam Limited; Rajasthan Nadu Generation and Distribution Corporation Limited; Tamil Development Corporation Limited; Bengal Power Limited; West Power Corporation Limited; Madhya Pradesh KarnatakaPower Generating Company Limited; Gujarat State Electricity Corporation Generation Company Limited; Limited; Chhattisgarh State Power Generation Corporation Limited; Andhra State Power Telangana Generation Corporation Limited; etc. Power Pradesh Limited; Essar Power Limited; JSW Energy Limited; Jindal Power Limited; Lanco Power Limited; GMR Energy Limited; RattanIndia Limited; GVK Energy Limited; Infratech Limited; CLP India Private Limited; Bajaj Energy Limited; ACB Limited; Vedanta Nabha Power Limited; DB Power Ventures (India) Limited; Jaiprakash Power Limited; Hindustan Powerprojects; Limited; KSK Energy Venture CESC Limited; Sembcorp Energy India Limited Coal Washing Capacity, Upcoming Coal Washing Capacity, Issues Issues Capacity, Upcoming Coal Washing Capacity, Coal Washing and Challenges - Factors affecting Cost of Generation and Tariffs, Tariff Trends, Tariff - Tariff Trends, Tariff of Generation and Tariffs, affecting Cost Factors - Analysis of Capacity under Construction: Ownership, Expected By - Current Status of Capacity under Construction - Time and Cost Overruns in Upcoming Projects - Stalled Projects - Issues and Concerns - Supply, Fuel Demand and Procurement, Capacity Addition, Power - Upgradation, Water BTG and BoP Equipment, FGD Systems, ESP - Corporation, NLC India Limited NTPC Limited, Damodar Valley - Rajya Generation Company; Uttar Pradesh Maharashtra State Power - Power Company Limited; Reliance Power Limited; Tata Adani Power - coal, Existing Benefits of using Washed Need for Coal Washing, - Modes of Coal Transportation Share of various - Costs Freight in Rail Trends - Coal Loading in Indian Railways' Trends - projects for Coal Evacuation Rail - Ports Coal Capacity for Handling - and Ports Upcoming Railways Capacity - Issues and Challenges Key SECTION IV: COSTS AND TARIFFS SECTION IV: 14. AND PRICES TARIFFS AND OPPORTUNITIES MARKET OUTLOOK SECTION V: 16. NEW PROJECT PIPELINE ...... 17. FUTURE OUTLOOK 18. PROVIDERS MARKET OPPORTUNITIES FOR TECHNOLOGY POWER PRODUCERS SECTION VI: PROFILES OF COAL-BASED 19. CENTRAL SECTOR PLAYERS ...... SECTOR PLAYERS20. STATE ...... SECTOR 21. PLAYERSPRIVATE ...... 12. COAL QUALITY 13. COAL TRANSPORTATION (June 2019) Capacity, Analysis of Existing Capacity, By Sector, Location, Size of By Sector, Analysis of Existing Capacity, Capacity, in PLF in Generation, Trends Coal, Trends of Units, Type of Recommendations of Coal Linkages for IPPs; the Rationalisation Committee; Pilot scheme for the High Level Empowered termprocurement of aggregate-medium power (Phase I and II on tariff pass-through; CERC's updates); MoP directives change-in-law ruling installation; for emission control equipment Draft for Captive Power Rules on CompensatoryRuling Tariff; of Old Units; Update on Retirement Plants; Update on SHAKTI; Recent Commercial Coal Mining; Captive Coal Block Update; Cabinet Approvals; Other developments Acquisitions and Deals Stressed Assets, Recent Measures to Revive under Discussions, Current Stance of Investors, Buyers of Stressed Solutions Assets, Challenges and Workable Modifications Generation Options for Coal-based Plants, Equipment Key Cost Implications, The Experience So Far, to Enhance Flexibility, Outlook Issues and Challenges, Future Plans and Current Identified Technologies, mental Standards, Key Issues & Challenges Status, Impact on Cost of Generation & Tariffs, Load Mix, Future Fuel Capacity Additions, Projected Renewable Renewables, Generation Scenario, Cost Comparison: Coal versus Coal-based Impact on Grid and System Operations, Impact on of Coal-based Plants in Grid Balancing, Generation, Role Power BarriersLoad Balancing in Subcritical and Supercritical Units, Age of Units, Boiler and Turbine Auxiliary trends, Consumption Trend, Heat Rate Makes, PLF Trends, and Specific Coal Consumption Operating Availability Plants for R&M, Potential 2017-22, Potential R&M Programme: Plants for Closure, Issues and Challenges in Coal Trends Plants, Captive Coal Production, Thermal Power Imports, for Coal Plants, Projections of Coal with Power Availability Demand and Supply Imported & Trends & Trends, Volume Captive Volume Trends, & Price Outlook - Capacity and Generation, Coal-based Installed All India Installed - 2019; Methodology for Regulations, of Tariff and Conditions Terms - Causing Stress, Reasons Key Stressed Coal-based Projects, - Flexible Analysis and Forecast, Load Pattern Need for Flexibility, - in Emissions from Coal-based Plants, Overview of Environ- Trends - Current Electricity Generation, Projected status of Renewable - profile, Size of Plants and Units, State-wise and Sector-wise - Thermal of Drivers, The Experience So Far, Age Profile Units, Key - Coal Reserves, and Demand, Coal Demand from Coal Production - Source Comparison, Update on Coal Linkages, E-auction Volume - Pricing Trend, Global Price E-Auction Prices, Domestic Coal Prices, EXECUTIVE SUMMARY ...... AND RECENT DEVELOPMENTS SECTION I: MARKET OVERVIEW 1. SECTOR SIZE AND GROWTH INITIATIVES REGULATORY 2. RECENT POLICY AND ON STRESSED ASSETS 3. UPDATE AND CHALLENGES IMPACT STRATEGIES, 4. FLEXIBLE OPERATIONS: COSTS TIMELINES AND 5. EMISSIONS CONTROL: CURRENT STATUS, 6. BALANCING AND ROLE IN LOAD OF RENEWABLES IMPACT PERFORMANCE SECTION II: PLANT PROFILE AND OPERATING PLANTS OF OPERATIONAL 7. ANALYSIS 8. AND MODERNISATION RENOVATION PRICES AND OUTLOOK SECTION III: COAL SUPPLY, 9. SCENARIO COAL DEMAND AND SUPPLY 10. TRENDS IN COAL PROCUREMENT 11. COAL PRICES www.indiainfrastructure.com Coal-Based Power Generation in India 2019 Generation Power Coal-Based and Market Outlook Role Developments, Future Trends, Hydro Power Market in India 2019 (May 2019) Price: Rs 75,000 (USD 1,770) Market Analysis and Developments; Changing Role in Energy Mix and Future Outlook Table of Contents

1. EXECUTIVE SUMMARY ...... 10. STATUS AND POTENTIAL FOR SMALL HYDRO POWER ...... ENERGY - Capacity Size and Growth; Policy Support; State Initiatives; Costs 2. SECTOR SIZE AND GROWTH ...... and Tariffs; Key Issues and Challenges; Future Outlook - Hydro Power Potential and Development: Basin-wise, Region-wise - Installed Capacity Addition Trends 11. CROSS-BORDER INITIATIVES ...... - Capacity Growth vis-a-vis Other Sources - Existing Power Ties - Sector and Utility-wise Additions - Update on the Bhutan-Bangladesh-India-Nepal Power MoU - Major State Initiatives - Status of Upcoming Projects in Nepal - Hydro Power Generation Trends - Status of Upcoming Projects in Bhutan - Share of Hydro in Electricity Mix - Existing and Proposed Transmission Interconnections - Key Barriers to Developments 12. FINANCING AND STRESSED ASSETS ...... 3. POLICY DEVELOPMENTS AND EXPECTED IMPACT ...... - Key Funding Sources - Update on the New Hydro Power Policy: Hydro Power as Part of - Current Stance of Lenders/Investors Renewables, Hydro Bailout Package - Recent Financings/M&A Deals - CERC Order on Hydro as FRAS - Current Status and Cost Overruns of Stressed Assets - Amendments in Himachal Pradesh Hydro Policy - Measures to Revive Stressed Assets - Update on Hydro Plants in Uttarakhand - Expected Haircuts by Banks - Update on Basin-wise Hydro Potential Review - Incentives to Improve Financial Viability - Other Key Developments - Innovative Funding Mechanisms - Investment Needs and Requirements 4. PLANT PERFORMANCE ANALYSIS ...... - Key Challenges - By Project Size; By Player; By Equipment Make; Historical Trends in Generation; Target vs Actual Generation; Inter-plant Comparison; 13. COSTS, TARIFFS AND VIABILITY ...... Inter-developer Comparison; Plant Availability Factor Analysis; - Key Factors Impacting Costs; Project Cost Trends; Trends in Tariffs; Trends in Outages; Renovation and Modernisation Return Analysis of Hydro Projects; Proposed Changes in Tariff Norms; Key Issues and Concerns 5. ANALYSIS OF DELAYED/STALLED CAPACITY ...... - Current Stalled Capacity 14. PROFILES OF KEY DEVELOPERS ...... - Key Reasons for Slippages - Central Sector: BBMB, NHPC, SJVNL, NHDC, THDC, NEEPCO, - Time and Cost Overruns NTPC, DVC - Mitigation Strategies and Policy Support Required - State Sector: Karnataka Power Corporation Limited, Maharashtra State Power Generation Corporation, Telangana State Power 6. UPCOMING PROJECT PIPELINE ...... Generation Corporation, Tamil Nadu Generation and Distribution - Projects under Construction Corporation, Orissa Hydro Power Corporation, Kerala State - Projects under Planning, Survey and Investigation Electricity Board, Andhra Pradesh Power Generation Corporation, - Stalled Projects Sardar Sarovar Narmada Nigam Limited, Uttarakhand Jal Vidyut - Analysis of Upcoming Hydro Capacity: By Year of Commissioning, Nigam Limited, Teesta Urja Limited Ownership, Unit Size, Location, Equipment-make, Type - Private Sector: Himachal Baspa Power Company Limited, Tata Power Company Limited, JP Power Ventures, AHPC, ADHPL 7. OUTLOOK AND PROJECTIONS (till 2024) ...... (Malana Power Company Limited), Gati Infrastructure, Everest - Installed Capacity Projections; Costs and Tariff Outlook; Policy and Power Private Limited, Shiga Energy Private Limited, Dans Energy Regulatory Outlook; Equipment Projections; Projected Return Private Limited, Sneha Kinetic Power Projects Limited Analysis; Risks and Challenges; Market Opportunities for Key Stakeholders Database of Key Projects The report also provides a comprehensive excel-based dataset including the follow- 8. FUTURE ROLE OF HYDRO POWER IN LOAD BALANCING AND ing (as of 2018-19): ANCILLARY SERVICES ...... - Plant-wise Installed capacity - Hydro Plants under FRAS - Plant-wise Status and Anticipated Date of Commissioning of Under - Improvements in Flexing of Hydro Power Plants Construction Projects - Balancing Requirements for Renewable Integration - Status of Stalled Projects - Projected Role of Hydro Power in Load Balancing - Projects under Survey and Investigation - Impact on Coal-based Load Balancing - Projects under Renovation and Modernisation - Role of Hydro in Ancillary Services - Plant-wise Generation Performance - Key Challenges - Solutions and the Way Forward

9. FOCUS ON PUMPED HYDRO STORAGE SEGMENT ...... - Existing Capacity - Status of Under Construction Plants - Cost Comparison with Other Storage Technologies - Measures to Incentivise Pumped Storage - Project Pipeline - Global Best Practices The report is available in a PDF format. - Key Issues and Concerns

18 | India Infrastructure Research www.indiainfrastructure.com ENERGY Gas in India 2017 (November 2017) No. of slides: 297 Price: Rs 75,000 (USD 1,770) Sector Overview and Outlook: E&P, LNG, Pipelines and CGD Table of Contents

SECTION I: OVERALL SECTOR ANALYSIS 8. OFF-GRID BIOMASS ...... - Introduction 1. EXECUTIVE SUMMARY ...... - Size and Growth - Growth Drivers 2. OVERVIEW ...... - Government Initiatives and Programmes - Introduction - Biomass-based Microgrids - Biomass Potential - Conclusion - Size and Growth - Inter-state Comparison 9. FUTURE OUTLOOK ...... - Growth Drivers - Introduction - Issues and Challenges - Future Growth Drivers - Emerging Trends - Capacity Addition Outlook - Conclusion - Investment and Financing Outlook - Emerging Policy and Regulatory Framework 3. POLICY AND REGULATORY FRAMEWORK ...... - Conclusion - Introduction - Policy and Legal Framework SECTION II: PROJECTS AND DEVELOPERS - Current Policy Guidelines - Regulatory Framework 10. PROJECT PROFILES ...... - State Initiatives - Rake Power Limited’s 10 MW Project in Nagpur - Issues and Challenges - Usher Eco Power’s 16 MW Cogen Plant in Mathura - The Way Forward - ASET’s 1.2 MW Gasification-Based Plant in Vadodara - MPPPL’s 4.5 MW Plant in Kirugavalu 4. FUEL SUPPLY AND LOGISTICS ...... - Malwa Power’s 7.5 MW Plant in Muktsar - Introduction - DEE Development’s 8 MW Plant in Fazilka - Current Scenario - PBPL’s 12 MW Plant in Patiala - Fuel Price Trends - SWIVPL’s 9.9 MW Project in Mohindergarh - Evolving Fuel Management Strategies - Auro Mira’s 7.5 MW Plant in Pudukottai - Conclusion - KPTL’s 7.8 MW Plant in Ganganagar - Greenko’s 8 MW ISA Power Project in Dhamtari 5. COST ECONOMICS AND TARIFFS ...... - STPPPL’s 6 MW Plant in Beechpally - Introduction - RRREL’s 18 MW Plant in Pamboor - Cost Components - MUUL’s 7.5 MW Plant in Raipur - Indicative Capital Cost of Existing Plants - Suryachakra Global’s 9.8 MW Plant in Janjgir - Biomass Energy Tariffs - Abellon’s 9.9 MW Plant in Khas - Incentive Options Driving Project - GAPS Power’s 13 MW Plant in Shendra Economics - OGPL’s 10 MW Plant in Narsimhapur - Conclusion - Chambal Power’s 7.5 MW Project in Kota - A.A. Energy’s 10 MW Project in Gadchiroli 6. EQUIPMENT AND TECHNOLOGY ...... - Introduction 11. DEVELOPER PROFILES ...... - Introduction - Key Technologies - AllGreen Energy India Private Limited - Key Equipment - Auro Mira Energy Company Private Limited - Market Overview - Bermaco Energy Limited - Issues and the Way Forward - Clenergen India Private Limited - MPPL Renewable Energy Private Limited 7. FINANCING ...... - Orient Green Power Company Limited - Introduction - Shalivahana Green Energy Limited - Size and Growth - Usher Eco Power Limited - Sources of Funding - Equity Financing 12. APPENDIX ...... - Debt Financing - External Financing - Issues and Challenges The report is available along with a presentation in PDF format. - Future Outlook

www.indiainfrastructure.com India Infrastructure Research | 19 Solar Power in India 2017 (May 2017) No. of slides: 374 Price: Rs 60,000 (USD 1,416) Segment Analysis, Trends and Developments Table of Contents

SECTION A: OVERALL MARKET SCENARIO AND OUTLOOK SECTION C: ROOFTOP MARKET ENERGY

1. SECTOR OVERVIEW ...... 13. ROOFTOP SEGMENT OVERVIEW ...... - Size and Growth, Key Growth Enablers, Industry Structure, Existing - MNRE’s Plans and Targets, Potential and Growth, Size and Growth, and Emerging Sub-segments, Investment and Financing, Policy and Emerging Trends, Ongoing Tenders, Recent Projects, Key Players, Regulations, Costs & Tariffs, Issues & Challenges, Future Roadmap Key Growth Drivers, Issues & Concerns, Outlook & The Way Forward

2. RECENT DEVELOPMENTS ...... 14. POLICY AND REGULATORY SCENARIO ...... - Recent Capacity Addition Trends, Emerging State Order, Emerging - MNRE’s Initiatives, Key Policies and Regulations, State Policy Cost and Tariff Trends, Recent Policies and Regulations, Recent Initiatives, State-wise Rooftop Policies and Targets, Initiatives by Financing Trends, New Opportunities Local Administration and Authorities, State-wise Tariffs and Incentives, Metering, Key Features of State-wise Net Metering 3. GRID INTEGRATION AND POWER EVACUATION ...... Policy, Key Issues and The Way Forward - Current Scenario, Update on Green Energy Corridors, State-wise Transmission Infrastructure Development Plans, Financing Require- 15. SECI’S ROOFTOP PROGRAMME ...... ments, Key Issues & Challenges, Emerging Technology Solutions - Introduction, Implementation Model and Allocations, Snapshot of Results for Key Allocated Tender, Summary of Phase V Rooftop 4. INVESTMENT AND FINANCING ...... Tender - 500 MW, Upcoming 500 MW Rooftop Tender, - Investment Trends, Financing Options, Sources of Financing, Achievement-linked Incentives Scheme, Key Vendors, Key Issues Emerging Financial Instruments, Investment Requirements and Challenges

5. DOMESTIC MANUFACTURING ...... 16. COST ECONOMICS AND TARIFF TRENDS ...... - Industry Snapshot, Key Trends and Developments, Make in India, - Cost of Generation, Capital Cost Breakdown, SERC-determined Plans and Investments - Domestic Players, Market Opportunities for Tariffs, Tender-wise Analysis of Tariffs Realised, Future Outlook Foreign Manufacturers, Plans and Investments - International Players, Current Production Capacity, Changing Business Model, WTO Ruling SECTION D: DECENTRALISED MARKET and Domestic Content Requirement, Issues and Challenges, Outlook 17. MICROGRIDS ...... 6. FUTURE OUTLOOK AND PROJECTIONS ...... - Overview, Key Players, Issues and Challenges, Emerging Best - Capacity Addition, Policy and Regulations, RPO Trajectory, Practices, Case Studies Domestic Manufacturing, Costs and Tariffs, Solar Capacity Addition Projections, Equipment Outlook, Investment and Financing Outlook 18. SOLAR PUMPSETS ...... - Background, Government Initiatives, Central Financial Assistance for SECTION B: UTILITY SCALE MARKET Solar Pumps, State-wise Sanctions and Disbursements, State Initiatives, Size and Growth, Current Installation Status, Key Issues 7. CAPACITY GROWTH TRENDS ...... and Challenges - Size and Growth, Recent Capacity Additions, Key Growth Drivers, Capacity Allocations, Issues & Concerns, Outlook and Way Forward 19. OTHER OFF-GRID MARKET SEGMENTS ...... - Introduction, Solar Water Heaters, Solar Cooking, Solar Lighting 8. POLICY AND REGULATORY SCENARIO ...... - Solar Cooling - Introduction, Key Policies, Key Regulations, Open Access Policy, - Telecom Towers Solar RPO Trajectory, Solar RPO Compliance, Solar REC Trends, Key Challenges SECTION E: SOLAR POWER EQUIPMENT

9. SOLAR PARKS ...... 20. EQUIPMENT MARKET OVERVIEW ...... - MNRE’s Solar Park Policy, Solar Park Charges, Key Features of - Current Size by Equipment: Modules; Inverters; Mounting Structures Existing Solar Parks, Key Features of Approved Parks, Recent and and Trackers; Cables, Connectors and Junction Boxes Upcoming Tenders - Cost Structure - Current Demand versus Supply 10. SOLAR HYBRIDS AND ENERGY STORAGE ...... - Key Players and Market Shares - Solar-wind Hybrids: Estimated Potential, Key Policy Features, Pilot - Price Trends Projects, Key Issues and Challenges - Energy Storage: Cost Economics, Case for Energy Storage 21. EQUIPMENT OUTLOOK AND KEY PROJECTIONS ...... Systems, Types of Storage Systems, Current Policy Scenario, - MNRE’s Targets for Solar Power Capacity SECI’s Initiatives, CERC’s Initiatives, Emerging Technology - Projections for Solar Power Capacity Addition - Demand Projections by Segment (2017-22): Utility-scale, Rooftop 11. STATE INITIATIVES ...... - Demand Outlook by Equipment (2017-22): Modules, Inverters, - Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Mounting Structures, Trackers Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh

12. COST ECONOMICS AND TARIFF TRENDS ...... - Cost of Generation, CERC-determined Tariffs, Capital Cost The report is available in a PDF format. Breakdown, Tender-wise Analysis of Tariffs Realised, Future Outlook

20 | India Infrastructure Research www.indiainfrastructure.com ENERGY Wind Power in India 2017 (August 2017) No. of slides: 199 Price Rs. 60,000 (USD 1,416) Sector Analysis, Market Outlook and Opportunities Table of Contents

1. EXECUTIVE SUMMARY ...... 8. EQUIPMENT AND TECHNOLOGY MARKET ...... - Current Production Capacity SECTION A: SECTOR ANALYSIS, RECENT DEVELOPMENTS AND - Player-wise Analysis: Production Capacity, Rated Capacity, Turbine OUTLOOK Class and Make - Support Mechanisms for Domestic Manufacturing: Make in India, 2. OVERVIEW ...... Focus on Localisation, Export Promotions, Exemptions on Imported - Emerging Power Mix Duty, SEZ Benefits - Wind Power Potential - Technology Trends: Towers and Blades, Drives and Motors - Size and Growth - Key Challenges - Capacity Addition Trends: By State, Year, Players - Future Procurement and Upgradation Plans - Growth Drivers - Recent Developments 9. OUTLOOK AND OPPORTUNITIES (TILL 2021-22) ...... - Issues and Challenges - Government Plans and Targets - Investment Plans and Outlook (till 2021-22) - Plans of Major Players: IPPs, Captive Power Producers, Equipment Vendors 3. CHANGING MARKET DYNAMICS ...... - Project Pipeline - Key Players and their Capacity: IPPs, Equipment Vendors - Emerging Opportunities: Repowering, Wind-Solar Hybrids, Offshore - Year-wise Trends in Market Shares Wind - Ongoing Market Consolidation - Policy and Regulatory Outlook - Key M&A Deals - Entry of New Players 10. IMPACT OF GST ...... - Future Outlook - Highlights of the GST Framework - Likely Impact on IPPs 4. COMPETITIVE BIDDING ...... - Likely Impact on Equipment Manufacturers - Key Features of MNRE’s Competitive Bidding Guidelines - Key Unaddressed Issues - Impact Analysis of Competitive Bidding - Outlook - Analysis of SECI’s 1 GW Tender Result - State-wise Update on Competitive Bidding SECTION B: EMERGING AREAS OF OPPORTUNITY - Upcoming Tenders - Future Outlook 11. ENERGY STORAGE ...... - Pilot Projects 5. POLICY AND REGULATORY ROUND-UP ...... - Technology Options - Key Policy Initiatives - Cost Economics - Update on AD and GBI - Issues and Challenges - Highlights of Draft Renewable Energy Act - Global Experience - State-wise Open Access Policy - Outlook - State-wise Feed-in Tariffs - Non-Solar RPOs: National Trajectory, State-wise Trajectory, 12. WIND-SOLAR HYBRIDS ...... State-wise Compliance, State-wise Action - Estimated Potential - Amendments in REC Mechanism - Key Policy Features - REC Market Trends (market clearing price & volume, & participants) - Pilot Projects - Upcoming Policies and Regulations - Key Issues and Challenges

6. COST AND FINANCING ...... 13. WIND REPOWERING ...... - Cost Economics: FiT-based Projects, REC-based Projects, - Estimated Potential Captive/Group Captive - Key Policy Features - Risk-Return Analysis - Pilot Projects - Recent Financings: Bond Market, Debt Deals, Equity Transactions - Key Issues and Challenges (project equity, PE/VC, etc.) - Emerging Financing Instruments: Green/Masala Bonds, InvITs, 14. OFFSHORE WIND ...... Green Infrastructure Funds, Others - Key Policy Features - Investment Requirements (till 2022) - Government Initiatives - Key Issues and Challenges 7. GRID INTEGRATION AND PLANNING ...... - Global Trends - Grid Requirements for Renewables - Update on Green Energy Corridors SECTION C: DATABASE OF EXISTING WIND POWER PLANTS - State-wise Transmission Plans (This includes information on owner, project capacity, location, turbine make, rated - Forecasting, Scheduling and Deviation Settlement Mechanism capacity, year of commissioning, etc.) z Key Features z State-wise Implementation Status - Power System Development Fund Regulations - Update on REMCs The report is available in a PDF format. - Key Issues and Challenges

www.indiainfrastructure.com India Infrastructure Research | 21 ENERGY (January 2018) (January inIndia2017-18 Solar PlantPerformance 22 | India Infrastructure Research |IndiaInfrastructure 22 Table ofContents .SLRPWRSCO VRIW. OVERVIEW SECTOR POWER SOLAR 1. .RVE FSLRPATPROMNE 21-07 . (2012-2017) PERFORMANCE PLANT SOLAR OF REVIEW 2. 6. PLANT PERFORMANCE BY TECHNOLOGY (2012- 2017) . TECHNOLOGYBY2017) PERFORMANCE (2012- PLANT 6. . (2012-2017) SIZE PLANT BY PERFORMANCE 5. . STATEBY PERFORMANCE PLANT 4. (2012-2017) . 3. PLANTPERFORMANCEBY YEAROFCOMMISSIONING(2012-2017) SizeandGrowth - Intra-stateComparison - Trends OverallPerformance - Key Demographics - Future Outlook - AssessmentofKey Challenges - Tariff Trends - Recent Developments - EmergingMarketStructure - Key GrowthDrivers - - Comparative Performance Analysis Comparative Performance - Technology-wise DistributionofPlantsTracked - Analysis ComparativePerformance - Size-wiseDistributionofPlantsTracked - InterstateComparison - State-wiseDistributionofPlantsTracked - SeasonalityTrends - AnnualTrends inCUF - Power AnnualTrends inGeneration/Net Exported - Year-wise DistributionofPlantsTracked - z z z z z z z z z z z z z z z z z z z z z z z Policy Updates andRegulatory Capacity PlannedtobeAllocated Capacity Recently Allocated By Technology By Programmes/Schemes By State Thin Film Silicon Crystalline >100 MW 50-100 MW 20-50 MW 10-20 MW 5-10 MW < 5MW Seasonality Trends Annual Trends Seasonality Trends Annual Trends Developer Type-wise Performance Technology-wise Performance State-wise Performance Project Size-wisePerformance Year-wise Performance 3 AAAEO LNSTAKD. DATABASE13. TRACKED PLANTS OF . STUDIES CASE 12. . . (2012-2017) 11. PLANTPERFORMANCEBY KEYINVERTERMANUFACTURERS PLANTPERFORMANCEBY KEYEPCCONTRACTORS(2012-2017) . . 10. . (2012-2017) PLANTPERFORMANCEBY KEYMODULEMANUFACTURERS 9. . DEVELOPERS(2012-2017) KEY BY PERFORMANCE PLANT 8. . (2012-2017) DEVELOPERBYTYPE PERFORMANCE PLANT 7. location, size,EPCcontractor, etc.) (The databaseincludesmonth-wisepowergeneration,developer, Manufacturers:ABB,Delta,Hitachi, ofKey Inverter Performance - Analysis ComparativePerformance - ManufacturersinPlantsTracked ShareofKey Inverter - Manufacturers MarketShareofKey Inverter Current - ofKey EPCContractors:GamesaSolar, Performance LancoSolar, - Analysis ComparativePerformance - ShareofKey EPCContractorsinPlantsTracked - MarketShareofKey EPCContractors Current - ofModuleManufacturers:BHEL, CanadianSolar, Performance First - Analysis ComparativePerformance - ShareofKey ModuleManufacturersinPlantsTracked - MarketShareofKey ModuleManufacturers Current - ofKey Developers:ACMESolar, Performance Greenko,SBEnergy, - Analysis ComparativePerformance - ShareofKey DevelopersinPlantsTracked - MarketShareofKey Developers Current - IntegratedSolarProject Analysis: ComparativePerformance - ShareofProjects Tracked byDeveloperType - scheme, operationalchallenges,O&Mpractices,etc.) analysis, location,plantsize,implementation challenges,tariff, covering detailsrelatedtotechnology, vendors,performance (This includes10-12casestudiesofoperationalsolarprojects Sungrow,Huawei, SchneiderElectric,SMA, TMEIC,Etc. Rays Power Infra,Sterling&Wilson,Tata Power Solar, Ujaas,Etc. Larsen &Toubro, MahindraSusten,MoserBaer, Premier Solar, Solar, VikramSolar, Waaree Energies,Etc. Solar, Hanwha,MoserBaer, ReneSola, Tata Power Solar, Trina Energy Limited,ShapoorjiPallonji, Etc. Hero SolarEnergy, NTPC,Renew Power, Tata Power Renewable AdaniPower,Mahindra Susten,Fortum, AzurePower, FirstSolar, Companies, DiversifiedPlayers Developers, IndependentPower Producers, Power Generation The report isavailableinaPDFformat. The report No. ofslides:195PriceRs.60,000(USD1,416) www.indiainfrastructure.com ENERGY Renewable Energy Development in Africa (April 2018) Price: Rs 200,000 (USD 3,200) Trends, Outlook, Opportunities and Projections No. of slides: 504 Table of Contents

SECTION A: EMERGING POWER SCENARIO IN AFRICA 7. DECENTRALISED OFFGRID RENEWABLES ...... - Estimated Offgrid Potential 1. CURRENT POWER SCENARIO ...... - Emerging Business Models - Current Status - Case Studies - Energy Mix - Market Opportunities - Resource Availability and Potential - Key Risks and Challenges - Key Issues and Challenges - Outlook and Projections - Outlook and Opportunities 8. INVESTMENT AND FINANCING ...... 2. RENEWABLE ENERGY TRENDS AND OUTLOOK ...... - Current Investment Trends - Size and Growth - Funding Sources - Segment-wise Share - Proposed Investments - LCoE Trends - Emerging Financial Instruments - Inter-country Analysis of Policy and Institutional Framework - Mergers and Acquisitions - Key Growth Drivers - Key Risks and Concerns - Issues and Challenges - Investment Requirements and Outlook - Emerging Opportunities - Sector Outlook SECTION B: COUNTRY PROFILES This section has 30 chapters pertaining to the renewable energy scenario 3. HYDROPOWER ...... and outlook for 30 African countries. These includes Algeria, Angola, - Overview Botswana, Cameroon, Democratic Republic of the Congo, Egypt, Ethiopia, - Size and Growth Ghana, Guinea, Kenya, Libya, Madagascar, Mauritius, Morocco, - Hydropower Targets Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, Seychelles, Sierra - Cost and Tariff Trends Leone, South Africa, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia and - Key Upcoming Projects Zimbabwe. - Market Opportunities - Key Risks and Challenges Each country profile provides information on: - Outlook and Projections - Economic Scenario and Demography - Power Demand and Supply Scenario 4. SOLAR POWER ...... - Resource-wise Renewable Energy Potential - Size and Growth - Segment-wise Size and Growth (Solar, Wind, Bioenergy, etc.) - Solar Energy Targets - Key Growth Drivers - Cost and Tariff Trends - Evolving Policy and Regulatory Scenario - Key Upcoming Projects - Recent Developments - Market Opportunities - Segment-wise Cost and Tariff Trends - Key Risks and Challenges - Key Players and Plans - Outlook and Projections - Segment-wise Targets and Outlook - Focus on Off-grid Renewables 5. WIND POWER ...... - Renewable Energy Demand Outlook - Overview - Renewable Energy Investment Outlook - Size and Growth - Wind Power Targets - Cost and Tariff Trends - Key Upcoming Projects - Market Opportunities - Key Risks and Challenges - Outlook and Projections

6. BIOENERGY ...... - Overview - Size and Growth - Bioenergy Targets - Costs and Expenses - Key Upcoming Projects - Market Opportunities - Key Risks and Challenges The report is available in a PDF format. - Outlook and Projections

www.indiainfrastructure.com India Infrastructure Research | 23 Charging Infrastructure for Electric Vehicles (March 2019) Price: Rs 80,000 (USD 1,888) Requirements, Projections, Challenges and Industry Insights Table of Contents

EXECUTIVE SUMMARY 9. ISSUES AND CHALLENGES ...... ENERGY - A Nascent Market 1. EV MARKET: KEY TRENDS AND PROJECTIONS ...... - Underdeveloped Ecosystem for Charging Infrastructure - Market Potential - Regulatory Issues and Barriers - Industry Structure - High Upfront Costs - Segment-wise Status - Solutioning and Design Challenges - Policy Direction and Programmes - After Life Issues for Batteries - Likely implications on various stakeholders - EESL's Initiatives and Targets 10. PILOTS AND CASE STUDIES ...... - State-wise EV Targets and Subsidies - Nagpur pilot - EV Forecasts till 2030 - Himachal Road Transport Corporation - Segment-wise Market Share Evolution - Tata Power - Growth Trajectory - SmartE - Lithium Urban Technologies 2. CHARGING INFRASTRUCTURE REQUIREMENTS ...... - Exicom Power Solutions - Current Status - Magenta Power - Regulatory Overview - Mahindra Reva and Vodafone - Technology Landscape - Fortum India - Recent Initiatives - Power Demand Forecasts 11. UPCOMING CENTRES OF GROWTH AND OPPORTUNITIES ...... - Battery Demand Forecasts - Segment-wise Centres of Growth - Charging Stations Forecasts - State-wise Centres of Growth

3. REGULATORY REGIME ...... 12. OUTLOOK AND OPPORTUNITIES FOR VARIOUS STAKEHOLDERS . . . . - Charging Station Guidelines - Charging Technology Providers - Licensing Norms and GST Rules - Power Utilities - Charging Infrastructure in Parking Complexes - Charging Space Providers - Financial Incentives - Auto OEMs - Evolving Standards and Practices - Renewable Energy Companies - Battery Manufacturers and Service Providers 4. EXISTING PLAYERS: RECENT DEVELOPMENTS AND PLANS ...... - Digital Technology Providers - Charging Infrastructure Providers - Battery suppliers 13. OPINION AND INSIGHT ...... - Charging Infrastructure Developers - Policy makers: - Financiers z Abhay Damle, Joint Secretary, Ministry of Road Transport and - Auto OEMs Highway z Anil Srivastava, Adviser, Transport and Director General, 5. EMERGING TARIFF TRENDS AND COMPETITIVE FUEL ANALYSIS . . . . Development Monitoring and Evaluation Office, NITI Aayog - Power Sale Options - Charging Infrastructure Developers: - Tariff Guidelines: Ministry of Power, Andhra Pradesh, Delhi, Gujarat, z Venkatesh Dwivedi, Director (Projects), Energy Efficiency Madhya Pradesh, Maharashtra, Karnataka, Telangana Services Limited - Competitive Fuel Analysis z Praveer Sinha, Managing Director and CEO, Tata Power - Charging Infrastructure Technology Providers 6. IMPACT ON DISCOMS ...... z Awadhesh Jha, Vice President Charge & Drive and Sustainability, - Demand Side Impact Fortum India Private Limited - Revenue Side Impact z Maxson Lewis, Managing Director, Magenta Power - Impact on the Grid z Neeraj Kumar Singal, Director, Semco Group - Discom's Approach - Automobile Manufacturers: - The Way Forward z Rohit Gothi, CEO, Hero Cycles z Ayush Lohia, CEO, Lohia Auto Industries 7. CHARGING TECHNOLOGY OPTIONS ...... z Manu Saxena, Vice-President, Business Planning, TVS Motor - Introduction Company - Technology Types - EV Consumer: - Cost Comparison z Nandini Maheshwari, Head-Business Development, Uber India - Key Players - Consultant: - Outlook z Rahul Tongia, Fellow, Brookings India

8. VIABILITY AND COST ECONOMICS OF CHARGING ...... - Charger Types - Charging Station CAPEX Components - Charging Station Cost Estimate - Revenue Estimate The report is available in a PDF format. - Return on Investment - Impact of Subsidies on RoI

24 | India Infrastructure Research www.indiainfrastructure.com TRANSPORTATION Table of Contents Table Price: Rs 100,000 (USD 2,360) Price: Rs 100,000 India Infrastructure Research | 25 The report is available in a PDF format. Demand Drivers, Recent Advances, Future Outlook, Opportunities Advances, Future Demand Drivers, Recent Providers for Technology Engineering Goods, Brick and Mortar Retail, Chemicals, Textiles, E-commerce, Cement, Steel, Others - The Experience So Far, Trends in Automation and Technology, - in Automation and Technology, Trends The Experience So Far, - Pharmaceuticals, Processing, Automobiles, Electronics, Food - Size and Growth - Trends Recent - Demand Drivers - Major Players - Outlook Future - Opportunities for Equipment Providers For each of the above industries includes Size and Growth, Trends and each of the above industries includes Size and Growth, Trends For Needs and Requirements,Developments, Logistics Industry Outlook and Issues and Challenges. The chapter covers logistics hardware, storage equipment, and warehouse The chapter covers logistics hardware, storage equipment, equipment. 22. EMERGING & TECHNOLOGIES SOLUTIONS ...... SECTION VI: DEMAND FROM USER INDUSTRIES 23. KEY END-USER INDUSTRIES ...... 10. EXPRESS LOGISTICS...... & INFRASTRUCTURE: MARKET ANALYSIS SECTION III: LOGISTICS OPPORTUNITIES includes: Segment Size and Growth, Policy Each of the following chapters GovernmentFramework, Key Schemes and Initiatives, Major Players, and Opportunity Upcoming Projects Projections, Areas AND 11. INDUSTRIALWAREHOUSING: AGRICULTURAL ...... 12. & LOGISTICS PARKS MMLPS...... 13. FREE TRADE WAREHOUSING ZONES...... 14. COLD AND LIQUID STORAGES ...... DEPOTS CONTAINER FREIGHT STATIONS/INLAND 15. CONTAINER . . . . . & MARKET ANALYSIS CHAIN MANAGEMENT: SUPPLY SECTION IV: OPPORTUNITIES and Growth, Recent Each of the following chapters covers: Market Size Outlook, Demand Demand Drivers, Major Players, Future Trends, Projections 16. ADDED VALUE SERVICES ...... 17. 3PL, 4PL AND REVERSE LOGISTICS ...... 18. FREIGHT FORWARDING ...... 19. INVENTORY MANAGEMENT ...... 20. AND PACKAGING LABELING ...... & MARKET ANALYSIS EQUIPMENT AND TECHNOLOGY: SECTION V: OPPORTUNITIES 21. FOCUS ON EQUIPMENT ...... (June 2019) Marketplace, Data & Analytics Centre, Optimisation of Modal Mix, Marketplace, Data & Analytics Centre, Optimisation in Logistics Costs, Model Logistics Corridors,Reduction Commodity Specific Interventions, Infrastructure Creation (MMLPs/LPs/Warehouses) of Operations, Cost Efficient Practices, Deployment of Warehousing, Uptake Technology Rates Capacity/Network Addition, Freight Traffic, Freight of Segments (manufacturing, consumption, EXIM), Requirements Hubs/Cities, Industry-wise Demand Warehousing/Storage Top Projections Mergers and Acquisitions, IPOs -Scenario Macroeconomic - Size and Growth - in Logistics Performance Index Trends - Impact of Infrastructure Status - Modal Transportation Mix - Growth Drivers - and Developments Trends - Issues and Challenges Key - (2019-20 to 2023-24) Outlook and Projections - Salient Features - Logistics Action Plan, National Logistics e- Areas: National Focus - Industry and Expectations Response - Expected Timelines - The Experience So Far - Impact On:Storage and Time, Supply Chain Management, Transit - Unresolved Issues - and Regulatory Outlook Policy - Investment Projections - by Mode of Transportation (road, rail, ports Projections and air): - across Requirements Projections: and Storage Warehousing - Demand from End-user Industries - Projects Upcoming Key - Big-ticket Opportunities 2019-20 and Beyond to Look Out For: - in Investment Trends - equity, Project equity, Private Deals and Transactions: Recent Key - Exits Successful Key - of Returns Historical Rates - Upcoming Opportunities for Investors - Expected Returns - Investment Outlook 6. RAILWAYS ...... 6. RAILWAYS 7. ROADS ...... 8. SHIPPING PORTS, AND COASTAL IWT ...... 9. AIR CARGO ...... Each of the following chapters includes: Segment Size and Growth, Policy Planned Projects/Programmes/Initiatives, and Regulatory Key Framework, and Market Opportunities,Capacity Addition, Upcoming Projects Sector Outlook and Projections 1. SECTOR OVERVIEW...... 2. DRAFTLOGISTICS POLICYNATIONAL ...... BENEFITS AND CHALLENGES IMPACT, 3...... GST: AND PROJECTIONS (2019-20 to 2023-24)4. MARKET OUTLOOK ...... 5. INVESTMENT EXPERIENCE ...... & OPPORTUNITIES MARKET ANALYSIS SECTION II: FREIGHT SEGMENT: EXECUTIVE SUMMARY SECTION I: MARKET TRENDS, DEVELOPMENTS AND OUTLOOK TRENDS, DEVELOPMENTS SECTION I: MARKET www.indiainfrastructure.com Emerging Trends, Segment Analysis, Growth Drivers and Market Opportunities Drivers and Market Analysis, Growth Segment Trends, Emerging Logistics in India 2019 in India Logistics Railways in India 2019 (February 2019) No. of slides: 383 Price: Rs 110,000 (USD 2,596) Research report with weekly newsletters and monthly updates Table of Contents

SECTION I: MARKET ANALYSIS, OUTLOOK AND OPPORTUNITIES - Identified Semi-HSR Corridors - Recent Developments 1. SECTOR OVERVIEW ...... - Key Issues and Challenges - Network Size and Growth, Trends in Traffic and Earnings, Modal Share of - Investment Requirements Railways, Key Sector Trends, Project Award and Completion: - Upcoming Opportunities Achievements and Targets, Vision 2022: Targets and Achievements, - Expected Timelines Budget 2019-20: Key Announcements, Investment Projections (till 2023- 24), Issues and Challenges, Sector Outlook 11. STATION INFRASTRUCTURE DEVELOPMENT ...... - Current Infrastructure 2. RECENT DEVELOPMENTS ...... - New Models of Station Redevelopment - Key Focus Areas, Recent Policy Developments, New Announcements - Recent Developments under Make in India, Freight Segment Initiatives, Passenger Segment - Progress under Key Schemes/Programmes: Station Redevelopment Initiatives, Digital Initiatives, Recent Funding Initiatives, Recent IPO Scheme, Adarsh Station Scheme, Others

TRANSPORTATION Issuances, Key Collaborations and JVs, Key Commissioned Projects, - Key Issues and Challenges Key Project Announcements, New Trains and Coaches, Others - Investment Requirements - Upcoming Opportunities 3. FINANCING STRATEGIES AND PPP POTENTIAL ...... - Expected Timelines - Funding Sources: Budgetary Allocations, Financing Model, LIC, Others - Recent IPOs 12. ENERGY NEEDS AND FUTURE STRATEGIES ...... - New Revenue Streams - Consumption and Expenditure Trends: Electricity, Diesel - Private Sector Participation: Experience So Far, PPP Formats and - Mission 41K Models, Key Policies and Schemes, Noteworthy PPP Projects, Select - Mission Electrification Case Studies, Upcoming Opportunities - Initiatives to Reduce Energy Bills - Issues and Challenges - Expansion of Transmission Network - New Captive Power Plants SECTION II: UPCOMING PROJECTS, OPPORTUNITIES AND OUTLOOK - Renewable Energy: Operational Capacity (Solar and Wind), UNDP-IR Initiative - 5 GW Solar Power, Key Ongoing Projects, Key Upcoming 4. SECTOR OUTLOOK AND MARKET OPPORTUNITIES ...... Projects, Other Initiatives and Developments - Growth Drivers - Issues and Challenges - Investment Outlook and Projections - Upcoming Opportunities and Outlook - Policy Outlook - Market Opportunities: EPC Contractors, Project Developers, Consultants, SECTION V: KEY SEGMENTS: ROLLING STOCK Equipment and Material Suppliers, Technology Providers, Financiers and Long-term Investors 13. IR’S FLEET STATUS ...... - Size and Growth (Coaches, Locomotives and Wagons), Production 5. PROJECT PIPELINE ANALYSIS ...... Targets and Achievements, New Additions (High-speed and Semi-high - Overall Project Pipeline: By Stage of Development, Zone, Type of Project, Speed Trains), Technology Advancements, Production Plans, Zone-wise Completion Period Planned Expenditure on Rolling Stock - Projects Awaiting Clearances/Land Acquisition - Top Upcoming Projects 14. EXISTING AND UPCOMING PRODUCTION CAPACITY ...... - Existing Capacity, Production Targets versus Achievements, Capacity SECTION III: IR’S OPERATIONAL AND FINANCIAL PERFORMANCE Utilisation Trends, Recent Developments, Upcoming Production Units

6. FINANCIAL PERFORMANCE ...... SECTION VI: KEY SEGMENTS: CONSTRUCTION - Trends in Operation Ratio - Trends in Capital Expenditure 15. TRACKS ...... - Revenue Trends: Earnings, Core Revenue, Non-Core Revenue - Size and Growth, Network Expansion Targets versus Achievements, - Revenue Surplus Track Electrification, Track Renewal and Repair, Recently Completed - Cost Trends: Trends in Total Expenditure, Trends in Total Working Projects, Recently Awarded Contracts, Key Ongoing Projects, Segment Expenditure Outlook - Issues and Challenges 16. BRIDGES ...... 7. FREIGHT TRAFFIC AND EARNINGS ...... - Growth in Number of Rail Bridges, ROBs/RUBs Sanctioned, ROBs/RUBs - Key Trends (2013-14 to 2017-18): Freight Traffic Trends, Freight under Setu Bharatam, Technology and Design Trends, Key Completed Earnings Trends Projects, Key Ongoing Projects, Recent Contracts, Segment Outlook - Monthly Traffic and Earning Trends in 2018-19 - Zone-wise Analysis (2013-14 to 2017-18): Traffic Trends, Earning 17. RAILWAY TUNNELS ...... Trends, Monthly Traffic and Earning Trends in 2018-19 - Size and Growth: Overall Size, Analysis by State, Technique/Method - Commodity-wise Freight Trends - Analysis of Completed Projects - Key Efficiency Indicators - Key Completed Projects - Segment Outlook - Analysis of Ongoing Projects - Key Ongoing Projects 8. PASSENGER TRAFFIC AND EARNINGS ...... - Analysis of Upcoming Projects - Key Trends (2013-14 to 2017-18): Passenger Traffic Trends, Passenger - Key Upcoming Projects Earning Trends, Monthly Traffic and Earning Trends in 2018-19 - Issues and Challenges - Suburban and Non-suburban Traffic and Earning Analysis - Segment Outlook and Projections - Class-wise Traffic and Earning Analysis - Zone-wise Analysis (2013-14 to 2017-18): Traffic Trends, Earning SECTION VII: PROFILE OF RAILWAY PSUS Trends, Monthly Traffic and Earning Trends in 2018-19 - Segment Outlook 18. KEY RAILWAY PSUS ...... - Braithwaite & Company Limited, Container Corporation of India Limited, SECTION IV: KEY FOCUS AREAS: TARGETS, ACHIEVEMENTS AND OPPORTU- Dedicated Freight Corridor Corporation of India, High Speed Rail NITIES Corporation of India Limited, Indian Port Rail Corporation Limited, Indian Railway Finance Corporation Limited, Indian Railway Catering and 9. DEDICATED FREIGHT CORRIDORS ...... Tourism Corporation Limited, Ircon International Limited, Konkan Railway - Corridor Routes, Progress So Far, Project Funding, Trends in Capital Corporation Limited, Mumbai Railway Vikas Corporation Limited, Expenditure, Recent Contracts, Targets and Timelines, Key Issues and Pipavav Railway Corporation Limited, Rail India Technical and Economic Challenges, Investment Requirements, Upcoming Corridors & Opportunities Services Limited, Rail Land Development Authority, etc.

10. HIGH SPEED RAIL ...... - HSR Corridors The report is available in a PDF format. - Progress So Far: Mumbai-Ahmedabad, Diamond Quadrilateral, Delhi- Amritsar, Chennai-Mysore

26 | India Infrastructure Research www.indiainfrastructure.com TRANSPORTATION Table of Contents Table Price: Rs 110,000 (USD 2,596) Price: Rs 110,000 India Infrastructure Research | 27 The report is available in a PDF format. Industry; Government Schemes/Initiatives; Key Growth Drivers; Key Trends; and Opportunities Outlook Issues and Challenges; Future and Inland Waterways); Modal Split of Inbound and Outbound Cargo; Port - Rail Experience so Far Connectivity Completed Projects; Key Projects; and Issues Key Upcoming Projects; Key Ongoing Projects; Key Challenges; Investment Requirements New and Solutions Deployed; Technologies Key Practices; Government and Advancements; Initiatives; Trends Technology Noteworthy Upcoming Opportunities; Projects; Impact of Forward Sagarmala; Issues and Challenges; The Way Key Repair/Dry Docks at Ports; Smart Industrial Port Cities; Post-based SEZs/Coastal Economic Zones; Industrial Clusters; Renewable and Logistics; Emerging Warehousing Energy; LNG Terminals; Requirements Utilisation; Existing Infrastructure; Issues & Planned Capacity Addition; Key Challenges; Outlook & Projections and Utilisation; Existing Infrastructure; Issues Planned Capacity Addition; Key and Challenges; Outlook and Projections Capacity and Utilisation; Existing Infrastructure; Planned Capacity Addition; Issues and Challenges; Outlook and Projections Key Handling Capacity and Utilisation; Existing Infrastructure; Planned Capacity Issues and Challenges; Outlook and Projections Addition; Key Performance Container of Key Efficiency Trends; Traffic; Capacity; Vessel Existing Infrastructure - BerthingTerminals; Planned Capacity Facilities; Issues and Challenges; Outlook and Projections Addition; Key Port; Mumbai Port; Port; Kolkata Chennai Port;Port; New Mangalore V.O. Chidambaranar Port; Port; Kamarajar Port; Cochin Mormugao Port Port, Gopalpur Port, Andhra Pradesh; Odisha; JSW Jaigarh Port, Maharashtra; Kakinada Seaports, Karaikal Ports, Andhra Pradesh; Puducherry; Gujarat Krishnapatnam Port, Port Pradesh; Andhra of Pipavav, - Traffic Trends; Commodity Composition; Fleet Size of Indian Shipping Commodity Composition; Fleet Size of Indian Shipping Trends; - Traffic of Cargo (By- Analysis of Mode of Evacuation Pipeline, Road, Rail, Conveyor Handling at- Mechanised v/s Conventional Major Ports; Current Shipbuilding/Ship- Cruise & Ro-pax; Roll-off Tourism; - Roll-on, Monthly Traffic Trends; in 2018-19; Coal Handling Capacity and - Traffic Trends in 2018-19; Iron Ore Handling Capacity Trends Monthly Traffic Trends; - Traffic in 2018-19; Fertiliser and FRM Handling Trends Monthly Traffic Trends; - Traffic in 2018-19; POL Trends in India; Monthly Traffic Refineries Trends; - Traffic in 2018-19; Container Handling Trends Monthly Traffic Trends; - Traffic - Deendayal Port; Port; Paradip Jawaharlal Nehru Port Visakhapatnam Trust; Ports; Dighi Port,- Overview; APSEZL-operated Maharashtra; Gangavaram 15. SHIPPING COASTAL ...... 16. PORT CONNECTIVITY...... AND ...... 17. MECHANISATION MODERNISATION 18. OTHER FOCUS AREAS ...... EXISTING INFRASTRUCTURE KEY COMMODITIES: TRAFFIC ANALYSIS, SECTION V: ADDITION PLANS AND CAPACITY 19. COAL ...... 20. IRON ORE...... 21. FERTILISERS ...... 22. POL...... 23. CONTAINERS ...... PORT PROFILES SECTION VI: OPERATIONAL 24. MAJOR PORTS ...... 25. KEY NON-MAJOR PORTS ...... (February2019) Recent Initiatives;Recent Issues and Challenges; Growth Drivers; Upcoming Projects; Future Outlook Funding Requirements; Upcoming Opportunities Requirements; Funding Requirements and Funding; Progress So Far; Targets and Targets So Far; Progress and Funding; Requirements Timelines; Key Future Ongoing Projects; Key Completed Projects; Opportunities Progress So Far under Component - I; Progress So Far under So Far under Component - I; Progress So Far Progress under Component - III; Progress So Far Component - II; Progress Ongoing Key Completed Projects; Key under Component - IV; So Far and Funding; Contracts; Investment Requirements Recent Projects; and Timelines; Upcoming Opportunities Targets Issues and Challenges Capacity at Major Ports; Cargo Handling Capacity at Non-Major Ports; Analysis by State; Analysis by Commodity Non-Major Ports; Monthly Traffic Trends in 2018-19: Major Ports, Trends Non-Major Ports; Monthly Traffic Analysis of PortNon-Major Ports; Traffic Overseas versus Coastal Traffic; (State-wise); Analysis by Traffic Category; Analysis by Commodity; Vessel Sector Participation: and Models, Experience PPP Formats MCA for So Far, PPP Port 2018, Lessons Projects, Upcoming PPP Projects, Learnt from Past Issues & Challenges; TheProjects; Way Forward Technology & Equipment Providers; For Dredging For & Equipment Providers; Technology Contractors; Upcoming Tenders Projects and Technology Initiatives; Funding Recent Projects; Initiatives; Key MoUs/Agreements Developments Signed; Other Investment Projections 2023-24); Issues & (till Forward Challenges; The Way - Overview; Traffic Trends (2013-14 to 2017-18); Commodity Composition; Trends - Overview; Traffic - New Major Ports; New Non-Major Ports; Upcoming Opportunities - Overview of 106 New NWs; Progress So Far; Key Ongoing Projects; Ongoing Projects; - Overview Key So Far; of 106 New NWs; Progress - Project Scope; Project Graphical Representation; Project Investment Project Graphical Representation; Scope; Project - Project - Programme Scope; Key Milestones; Progress So Far - Overall; So Far Milestones; Progress Scope; Key - Programme - Financial Performance of Major Ports; Efficiency Indicators; Analysis of Key - Growth in Overall Cargo Handling Capacity; Cargo Handling - Growth in Overall Cargo Handling Capacity; Cargo Handling - Overall Traffic Trends; Traffic Trends at Major Ports; Traffic Trends at Trends at Major Ports; Traffic Trends Traffic Trends; - Overall Traffic - Key Funding Sources; New Funding Funding - Key Private Projections; Options; Investment - For Developers; For EPC Contractors; For Financiers/Long-term EPC Contractors; For Developers; For - For Investors; For - Overall Project Pipeline Analysis; Project Pipeline Analysis; Top 50 Analysis; Top Pipeline Pipeline Analysis; Project - Overall Project Upcoming - Growth Drivers; Traffic Outlook; Capacity- Growth Drivers; Traffic Addition Plans - Policy Developments; Recent Government Recent Developments; Initiatives; Ease of Doing- Policy Business - Size and Growth; Key Trends;- Size and Growth; Key of Goods and Impact (GST); Services Tax SECTION IV: KEY FOCUS AREAS SECTION IV: 14. TRANSPORT INLAND WATER ...... 13. NEW GREENFIELD PORTS (Major and Non-Major) ...... 12...... OF DEVELOPMENT WATERWAYS NEW NATIONAL 11. JAL MARG VIKAS ...... SECTION III: KEY PROGRAMMES/PROJECTS: TARGETS, ACHIEVEMENTS AND SECTION III: KEY PROGRAMMES/PROJECTS: TARGETS, OPPORTUNITIES 10. SAGARMALA PROGRAMME...... 9. FINANCIAL AND OPERATIONAL PERFORMANCE (2013-14 to9. FINANCIAL AND OPERATIONAL 2017-18) 8. CAPACITY 8. TRENDS CAPACITY (2013-14 to 2017-18) ...... SECTION II: PERFORMANCE ANALYSIS OF OPERATIONAL PORTS OF OPERATIONAL SECTION II: PERFORMANCE ANALYSIS 7. TRAFFIC TRENDS (2013-14 to 2017-18) ...... 6. FINANCING AND PPP EXPERIENCE ...... 5. MARKET OPPORTUNITIES...... 4...... PROJECT PIPELINE ANALYSIS 3. TRAFFIC AND PROJECTIONSCAPACITY ...... 2. RECENT 12 (Past DEVELOPMENTS Months) ...... EXECUTIVE SUMMARY AND OPPORTUNITIES OUTLOOK SECTION I: MARKET ANALYSIS, 1. SECTOR OVERVIEW...... www.indiainfrastructure.com Research reportResearch and monthly updates newsletters with weekly Ports2019 in India Dredging in India (October 2018) Price: Rs 60,000 (USD 1,416) Market Analysis, New Opportunities and Outlook Table of Contents

1. DREDGING MARKET OVERVIEW ...... z EPC Contractors - Size and Growth z Dredger Manufacturers - Key Trends z Technology Providers - Recent Developments z Equipment Suppliers - Major Players z Etc. - Growth Drivers - Issues and Challenges 8. RISKS AND CHALLENGES ...... - Future Outlook - Policy, Fiscal and Regulatory Issues - Contractual Issues 2. POLICY FRAMEWORK AND CONTRACTING PRACTICES ...... - Inadequate Survey and Investigation - Policy Framework - Environmental Concerns TRANSPORTATION - New Dredging Guidelines - Financing Issues - Impact of GST - Absence of Dredger Building and Repair Facilities - Regulatory Developments - Manpower Issues - Disinvestment in DCI (This chapter includes views/perspective of key dredging companies and technolo- - Type of Contract gy/equipment providers on the key issues and challenges affecting the implementa- - Current Contracting Practices tion of dredging projects) - Global Best Practices 9. DREDGER MARKET ...... 3. SEGMENT FOCUS - MAINTENANCE DREDGING ...... - Current Size - Size and Growth - Import of Dredgers z Major Ports - Market Trends z Non-major Ports - Advancements and New innovations z National Waterways - Indigenous Manufacturing - Key Completed Projects z Experience So Far - Key Ongoing Projects z Future Potential - Future Outlook - Segment Outlook

4. SEGMENT FOCUS - CAPITAL DREDGING ...... 10. OTHER EQUIPMENT REQUIREMENTS ...... - Size and Growth - Type of Equipment z Major Ports - Key Suppliers z Non-major Ports - Trends in Equipment Usage z National Waterways - Advancements and Developments in Technology - Key Completed Projects - Segment outlook - Key Ongoing Projects - Future Outlook 11. EMERGING AREAS OF GROWTH ...... - Experience So Far 5. DREDGING COST ECONOMICS ...... - Key Completed Projects - Experience So Far - Key Ongoing Projects - Factors Impacting Project Viability - Future Outlook - Key Cost Components - Funding Sources 12. PROFILES OF MAJOR PLAYERS ...... - New Funding Options - Company Overview - Investment Projections (till 2024-25) - Fleet Size - Project Portfolio (Completed and Ongoing Projects) 6. KEY GOVERNMENT PROGRAMMES ...... - Upcoming Projects This chapter will highlight the current status and upcoming opportunities - Financial Performance under Sagarmala, Jal Marg Vikas and National Mission for Clean Ganga. - Future Plans Each programme covers the following information: - Project Scope DATABASE OF DREDGING PROJECTS - Investment Requirement - Progress So Far A comprehensive database of key dredging projects with information - Key Completed Projects on quantity dredged, contractor, location, contract value, type of - Key Ongoing Projects dredged deployed, etc. The database would include projects being - Announced/Planned Projects undertaken at the major ports, non-major ports, national waterways, - Targets and Timelines oil and gas fields, rivers, beaches, etc. It would also cover the ongoing and upcoming projects under the central government programmes. 7. MARKET OPPORTUNITIES (TILL 2024-25) ...... - Under Key Schemes/Programmes z At the Central Level z By Port Authorities z By IWAI The report is available in a PDF format. - For Key Stakeholders

28 | India Infrastructure Research www.indiainfrastructure.com TRANSPORTATION Table of Contents Table Price: Rs 60,000 (USD 1,416) Price: Rs 60,000 India Infrastructure Research | 29 380 No. of Slides: No. of Slides: The report is available in a PDF format. The report Transport (air, rail, etc.), Government Schemes/Initiatives, Key Transport (air, Industry Structure Trends, and and Developments, Pricing Trends Growth Drivers, Key Players, Logistics Need and Requirements, Key (till 2022-23) Issues and Challenges, Outlook and Projections Technological Advancements, Impact of Sagarmala on Port Traffic, Impact of Sagarmala Advancements, on Port Traffic, Technological Growth Trends, Industry Structure Players, Pricing/Tariff and Key Issues and Challenges, Key Drivers, Investment Requirement, (till 2022-23) Outlook and Projections performance), and Regulatory Government Framework, Policy and Developments, Technological Trends Schemes/Initiatives, Key Advancements, Industry Structure Trends, Pricing Players, and Key Issues and Challenges, Outlook and Key Investment Requirement, (till 2022-23) Projections Regulatory Government Trends Framework, Schemes/Initiatives, Key and Developments, Industry Structure Players, Growth and Key Issues and Challenges, Key Drivers, Investment Requirement, (till 2022-23) Outlook and Projections Regulatory Government Trends Framework, Schemes/Initiatives, Key and Developments, Industry Structure Players, Coastal and Key at Indian Ports, Key Growth Drivers, Investment Requirement, Tariff (till 2022-23) Issues and Challenges, Outlook and Projections - Size and Growth - and Developments Trends Key - Logistics Need and Requirements - Growth Drivers - Challenges, Issues and Key - (till 2022-23) Outlook and Projections - through Modes of Traffic Segment Size and Growth, Mail/Parcel - (freight traffic, cargo Size and Growth efficiency capacity, - and Commodity Composition, Policy Transport Traffic, Inland Water - at Indian Ports, and Commodity Composition, Policy Coastal Traffic - Size and Growth - and Developments Trends Key - Market Structure Players and Key - Logistics Need and Requirements - Growth Drivers - Challenges Issues and Key - (till 2022-23) Outlook and Projections The industries covered include brick and mortar retail, food processing, chemicals, engineering goods, textiles, electronics, pharmaceutical and automobiles 13. E-COMMERCE ...... 14. EXPRESS INDUSTRY ...... 9. AIR...... 10. TRANSPORTINLAND WATER ...... 11. SHIPPING COASTAL ...... SECTION III: KEY USER INDUSTRIES 12. KEY CUSTOMER SEGMENTS...... (October 2017) performance, and Regulatory Government Framework, etc.), Policy and Developments, Technological Trends Schemes/Initiatives, Key Segment, IndustryAdvancements, Impact of DFC on the Freight Growth Drivers, Structure Trends, Pricing Players, and Key Issues and Challenges, Outlook and Key Investment Requirement, (till 2022-23) Projections Partners of EXIM Cargo, vessel traffic), Major Trading capacity, pipeline), Mode of Evacuation of EXIM Cargo (roads, rail, water, Efficiency Performance, and Regulatory Framework, Policy and Developments, Government Trends Schemes/Initiatives, Key Schemes/Initiatives, Key Trends and Developments, Technological and Developments, Technological Trends Schemes/Initiatives, Key Advancements, Industry Structure Trends, Players, Pricing and Key Issues and Challenges, Growth Drivers, Investment Requirement, (till 2022-23) Outlook and Projections Competitive Landscape, Industry Structure, and Regulatory Policy Upcoming Projects and Developments, Trends Recent Framework, and Issues and Challenges, Outlook and Investments, Key (till 2022-23) Projections Requirements; 2017-18 - Announcements and Impact; Investment (rail freightUpcoming Projects terminals, cargo/container berths at ports, cargo terminals at airports, express cargo terminals, etc.); Market Opportunitiesconnectivity, for: Developers, Construction Contractors, Technology Equipment Providers, Suppliers, Raw Material Suppliers, Financiers/Investors roads, and others) Transportation Developers and Industry, and Trucking Operators, Contractors, Container Train Operators, Shipping Companies, Airlines, Express Cargo Carriers, Challenges in etc.; Key Implementation - Size and Growth (freight traffic, freight earnings, efficiency - Size and Growth (cargo traffic, export and import traffic, cargo - and Regulatory Government Framework, Size and Growth, Policy - Size and Growth, Modal Split, Scenario, and Trade Macroeconomic - and Regulatory Outlook; Union Budget Growth Drivers; Policy - Growth Drivers - By Mode of Projections Traffic Freight Transportation (rail, ports, air, - Cargo Capacity Projections - Rates Freight Projected - Specific Impact on: Road Features; Key Introduction to GST; 8. PORTS ...... 7. RAIL...... 6. ROADS ...... 2. OVERVIEW ...... 3. FUTURE AND OUTLOOK INVESTMENT OPPORTUNITIES ...... 4. KEY PROJECTIONS (TILL 2022-23) ...... 5. OF IMPACT GST...... OF KEY MODES OF TRANSPORT SECTION II: ANALYSIS SECTION I: MARKET OVERVIEW, TRENDS AND OUTLOOK SECTION I: MARKET OVERVIEW, 1. EXECUTIVE SUMMARY ...... www.indiainfrastructure.com Freight Market in India Market in Freight (till 2022-23) Outlook and Projections Overview, Segment Storage Infrastructure in India (October 2017) Price: Rs 60,000 (USD 1,416) Market Size, Outlook and Projections (till 2022-23) Table of Contents

1. EXECUTIVE SUMMARY ...... 9. LIQUID STORAGE (Crude, Petroleum Products, Chemicals, etc.) . . . . . - Size and Growth, Key Trends and Developments, Market Structure SECTION I: MARKET SIZE, TRENDS AND OUTLOOK and Key Players, Growth Drivers, Key Issues and Challenges, Outlook and Projections (till 2022-23) 2. SECTOR OVERVIEW ...... - Market Size and Growth 10. CONTAINER FREIGHT STATIONS (CFSs)/Inland Container Depots - Industry Structure (ICDs) ...... - Policy and Regulatory Framework - Size and Growth - Recent Trends and Developments - Key Trends and Developments - Major Warehousing Hubs - Impact of Direct Port Delivery on CFSs/ICDs TRANSPORTATION - Upcoming Projects and Investments - Market Structure and Key Players - Issues and Challenges - Growth Drivers - Outlook and Projections (till 2022-23) - Upcoming Projects - Key Issues and Challenges 3. FUTURE OUTLOOK AND MARKET OPPORTUNITIES (TILL 2022-23) . . . - Outlook and Projections (till 2022-23) - Growth Drivers - Policy and Regulatory Outlook SECTION III: EMERGING WAREHOUSING/STORAGE MODELS - Union Budget 2017-18 - Announcements and Impact - Investment Requirements 11. LOGISTICS PARKS/MULTI-MODAL LOGISTICS PARKS ...... - Upcoming Projects and Investment - Size and Growth - Market Opportunities for: Construction Contractors, Material - Key Trends and Developments Suppliers, Technology Providers, Equipment Suppliers, Others - Market Structure and Key Players - Growth Drivers 4. WAREHOUSING DEMAND PROJECTIONS (TILL 2022-23) ...... - Upcoming Projects and Investments - Demand Drivers - Key Issues and Challenges - Warehousing/Storage Requirements across Segments: - Segment Outlook Manufacturing, Consumption, EXIM - Industry-wise Demand Projections 12. FREE TRADE WAREHOUSING ZONES ...... - Warehousing Requirements of Top - Size and Growth, Key Trends and Developments, Market Structure Hubs/Cities and Key Players, Growth Drivers, Upcoming Projects and Investments, Key Issues and Challenges, Segment Outlook 5. IMPACT OF GST ...... - Introduction to GST SECTION IV: KEY USER INDUSTRIES - Key Features - Overall Impact on: Cost of Operations, Consolidation, Demand 13. MAJOR CONSUMING SEGMENTS ...... Planning and Inventory Management, Technology Implementation, - Size and Growth, Key Trends and Developments, Market Structure Others and Key Players, Warehousing Need and Requirements, Growth - Impact on Specific Segments: Agriculture warehousing, Industrial Drivers, Key Issues and Challenges, Outlook and Projections warehousing, ICDs & CFSs, Cold Storages, Logistics Parks, FTWZs (till 2022-23) - Impact on Key Stakeholders: Contractors, Equipment and The industries covered include brick and mortar retail, food processing, Technology Providers, Material Suppliers chemicals, engineering goods, textiles, electronics, pharmaceutical and automobiles - Challenges in Implementation 14. FOCUS ON E-COMMERCE ...... SECTION II: SEGMENT ANALYSIS AND OUTLOOK - Size and Growth, Key Trends and Developments, Warehousing Need and Requirements, Growth Drivers, Key Issues and Challenges, 6. AGRICULTURE WAREHOUSING ...... Outlook and Projections (till 2022-23) - Size and Growth, Government Schemes/Initiatives, Key Trends and Developments, Market Structure and Key Players, Growth Drivers, SECTION V: ANALYSIS OF TOP WAREHOUSING HUBS Key Issues and Challenges, Outlook and Projections (till 2022-23) 15. KEY WAREHOUSING HUBS 7. INDUSTRIAL WAREHOUSING ...... - Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, - Size and Growth, Key Trends and Developments, Market Structure NCR-Delhi, Pune, Others and Key Players, Growth Drivers, Key Issues and Challenges, Each profile covers the industrial activity, infrastructure connectivity, warehousing Outlook and Projections (till 2022-23) clusters in the cities, growth drivers, warehousing space requirements, indicative warehouse rentals (wherever available), average land cost, expected investor returns, 8. COLD STORAGES ...... etc. - Size and Growth, Government Schemes/Initiatives, Key Trends and Developments, Market Structure and Key Players, Growth Drivers, The report is available in a PDF format. Key Issues and Challenges, Outlook and Projections (till 2022-23)

30 | India Infrastructure Research www.indiainfrastructure.com TRANSPORTATION Airports in India 2019 (April 2019) Price: Rs 75,000 (USD 1,770) Trends, Developments, New Opportunities and Projections Table of Contents

EXECUTIVE SUMMARY 10. FUTURE OUTLOOK AND MARKET OPPORTUNITIES ...... - Investment Projections SECTION I: MARKET ANALYSIS, POLICY INITIATIVES AND INVESTMENT - Market Opportunities: Developers, Contractors, Consultants, EXPERIENCE Financiers/Investors, Material Suppliers, Others - Sector Outlook 1. SECTOR OVERVIEW ...... - Policy and Regulatory Outlook - Size and Growth - Growth Drivers SECTION III: FOCUS ON ANCILLARY SEGMENTS - Key Sector Trends - Recent Developments: Key Government Initiatives, Project 11. CARGO INFRASTRUCTURE DEVELOPMENT ...... Completions, Recent Contract Awards, Projects - Operational Facilities: Domestic Cargo Infrastructure, International Approved/Launched/Proposed, Digital and Green Initiatives Cargo Infrastructure - Regulatory Regime - Capacity Addition Plans - Risks and Challenges - Planned Investments - Future Outlook - Upcoming Projects and Opportunities - Future Outlook 2. PERFORMANCE OF KEY AIRPORTS: TRAFFIC & CAPACITY ANALYSIS . - Traffic Trends, Inter-Airport Comparison, Existing Capacity, Capacity 12. MAINTENANCE, REPAIR AND OVERHAUL ...... Utilisation, Recent Capacity Additions, Future Capacity Constraints, - Current Scenario, Demand for MRO, Upcoming projects and Additional Capacity Requirements by 2022-23, Potential Cities in Opportunities, Future Outlook Need for Second and Third Airports 13. GROUND HANDLING ...... 3. VISION 2040 AND KEY POLICY INITIATIVES ...... - Segment Overview, AAI’s Licensing Plans for Ground Handlers, - Targets under Vision 2040: Passengers, Cargo, Airports, Aircraft, Recent Bidding Scenario, Upcoming Opportunities, Future Outlook Revenue - Proposed Transaction Structure/Business Models SECTION IV: EQUIPMENTAND TECHNOLOGY MARKET - NCAP, 2016 - Features and Impact - Recent Amendments in AERA Act 14. EQUIPMENT (Communication, Navigation and Surveillance) - Draft MCA for Greenfield Airports - Current Infrastructure, Recent Trends and Advancements, Key - Air Cargo Policy Suppliers, Procurement Targets for Equipment at Airports, - Drone Policy & Drone 2.0 Regulations Investment Plans for Procurement of ANS Infrastructure, Key Growth Drivers, Upcoming Opportunities for Equipment Suppliers 4. AIRPORT DEVELOPMENT UNDER NABH NIRMAN ...... - Salient Features, Key Targets, Upcoming Projects, Expected 15. TECHNOLOGY ...... Capacity Addition, Proposed NABH Nirman Fund - Current Technologies in Use (terminal gates, x-ray machines, check-in counters, baggage handling, biometric access system, 5. REGIONAL CONNECTIVITY SCHEME ...... e-gate, etc.), Recent Trends and Advancements, Technology Plans - Regional Connectivity Scheme (RCS)-UDAN- Scope and Progress at Key Airports, Upcoming Opportunities for Technology Providers - Operational Airports/Airstrips - Progress So Far Under: UDAN 1, UDAN 2, UDAN 3, UDAN 3.1 SECTION V: PROJECT PROFILES - Route Cancellations - The Airline Experience and Issues Faced 16. KEY OPERATIONAL AIRPORTS ...... - Viability of Regional Operations - Indira Gandhi International Airport (IGIA), Delhi; Chhatrapati Shivaji - Progress under UDAN International International Airport (CSIA), Maharashtra; Kempegowda - Future Plans and Targets International Airport Bengaluru (KIAB); Chennai International Airport - Upcoming Airports/Airstrips (ChIA), Tamil Nadu; Netaji Subhash Chandra Bose International Airport (NSCIA), West Bengal; Rajiv Gandhi International Airport, 6. INVESTMENT TRENDS AND EXPERIENCE ...... Telangana; Cochin International Airport, Kerala; Kazi Nazrul Islam - Investment Trends, Airport Revenues and Historical IRRs, Tariff Airport, West Bengal; Pakyong Airport, Sikkim; Kannur Airport, Trends at Key Airports, Economic Regulation and Impact on Kerala; Sindhudurg Airport, Maharashtra; Shirdi Airport, Investor Interest, Emerging Sources of Investment, Opportunities for Maharashtra Financial Investors, Key Risks and Projected IRRs 17. KEY UPCOMING AIRPORTS ...... 7. POTENTIAL FOR AIRPORT PRIVATISATION ...... - Navi Mumbai Airport, Maharashtra; Mopa Airport, Goa; Bhogapuram - Progress So Far, Bidding Scenario, Expected Investments, Airport, Andhra Pradesh; Dholera Airport, Gujarat; Hassan Airport, Lender/Investor Interest in Brownfield Assets, Industry Response Karnataka; Kushinagar Airport, Uttar Pradesh; Deoghar Airport, and Expectations, Future Potential and Plans Jharkhand; Dagadarthi Airport, Andhra Pradesh; Orvakalu Airport, Andhra Pradesh; Dabra Airport, Madhya Pradesh; Bijapur Airport, SECTION II: PROJECT PIPELINE, KEY PROJECTIONS, AND MARKET Karnataka; Shimoga Airport, Karnataka; Gulbarga Airport, OPPORTUNITIES (TILL 2024-25) Karnataka; Karaikal Airport, Puducherry; Jewar Airport, Uttar Pradesh; Hollongi Airprot, Arunachal Pradesh; Others 8. DEMAND FORECAST AND CAPACITY PROJECTIONS ...... - Passenger Segment: Traffic Forecast, Projected Capacity Addition Each profile provides an overview of the airport, traffic trends, financial performance - Cargo Segment: Traffic Forecast, Projected Capacity Addition current capacity, expected timelines, key initiatives, recent contracts; expansion plans, etc. 9. PROJECT PIPELINE ...... - By Type: Greenfield Airports, Brownfield Airports, Airside Infrastructure (New Terminal Buildings, Parking Bays, Runways, etc.), Commercial Development, Fuels Farms, Others - By Mode of Implementation: EPC, PPP The report is available in a PDF format. - By Stage: Ongoing, Approved, Planned

www.indiainfrastructure.com India Infrastructure Research | 31 Road Development in India 2019 (January 2019) No. of Slides: 571 Price: Rs 110,000 (USD 2,596) Research report with weekly newsletters and monthly updates Table of Contents

EXECUTIVE SUMMARY ...... 12. OPERATION, MAINTENANCE AND TOLLING ...... - Current Scenario, Industry Experience, Progress under ETC SECTION I: MARKET OVERVIEW, TRENDS AND OUTLOOK Implementation, Key Players, Opportunities under TOT and Asset Sales, Issues and Concerns, Future Outlook 1. SECTOR SIZE AND GROWTH ...... - Growth in Road Network, Policy and Institutional Framework, SECTION IV: INVESTMENT TRENDS AND EXPERIENCE Funding Scenario, Overall Performance, Targets vs. Achievements, Progress in Other Segments, Key Sector Trends, Future Targets, Big 13. FINANCING TRENDS ...... Opportunities, Key Issues and Future Outlook - Trends in Expenditure and Outlays, Funding Sources, Recent Deals/Transactions, Bank Credit, Financial Closures, Bonds, InvITs 2. IMPACT OF POLICY CHANGES AND INITIATIVES ...... and TOT, Multilateral Funding, IPOs, ECBs and IIFCL, New Funding - Key Policy Announcements since 2014, Impact on the Sector, New Sources and Financing Strategies, Opportunities for Long-term TRANSPORTATION Government Initiatives, Online Portals and Technology Initiatives, Investors (SWFs, Pension Funds, etc.), Risks and Challenges Road Safety, Wayside Amenities and Green Highway Mission, Technology Initiatives, Others, State-level Policy Developments, 14. ASSET SALES AND ACQUISITIONS ...... Proposed Policy Changes, Industry Concerns and Expectations - Current Level of Stressed Assets, Measures/Initiatives for Resolution of Stressed Assets, Present Stance of Lenders/Investors, 3. OVERALL PROJECT PIPELINE ...... Deal Analysis, Valuation Scenario, Analysis by Buyers, Analysis of - National Highways, State Roads and Highways, Expressways, Returns, Key Recent Deals, Future Outlook Bridges/Flyovers/Elevated Roads, Road Tunnels, Others, Top 100 Upcoming Projects: By Mode; State; Type; Stage of Implementation; SECTION V: FOCUS ON STATE ROAD DEVELOPMENT Key Projects 15. INTERSTATE COMPARISON ...... 4. SECTOR OUTLOOK AND MARKET OPPORTUNITIES ...... - Network Size and Growth, Recent Policy Development, Growth in - Growth Drivers, Project Award and Completion Targets, Investment Budgetary Outlays, Proposed Investments and Capacity Addition Projections, Investment Outlook, Policy Outlook, Opportunity by Plans, Market Opportunities, Key Issues and Challenges Stakeholder: Developers; EPC Contractors; Financiers; Equipment and Material Suppliers; O&M Players, Other Emerging Opportunities 16. TOP 15 STATES (Based on Upcoming Projects) ...... - Investment Mobilised So Far, PPP Experience and the Way Forward, SECTION II: KEY GOVERNMENT PROGRAMMES: PROGRESS AND Project Pipeline, Big-Ticket Projects, Key Successes and Failures, OPPORTUNITIES Market Opportunities, Challenges and Lessons Learnt, Future Outlook 5. BHARATMALA PROGRAMME ...... - Key Components and Scope, Progress So Far, Investment SECTION VI: FOCUS ON ANCILLARY MARKET Requirements, Key Funding Sources, Issues and Challenges, Upcoming Opportunities 17. EQUIPMENT MARKET ...... - Snapshot of the Equipment Industry, Key Trends in the Equipment 6. NHDP ...... Industry, Market Size (Equipment-wise), Industry Structure, Trends - NHDP - An Overview, Progress So Far, Project Award Scenario in in Leasing and Rental Market, Equipment Financing, Pricing Trends, 2017-18, Project Award Scenario in 2018-19, Trends in Recent Developments, Outlook and Opportunities, Demand Construction Rate, Progress under Expressway Development, Projections (till 2023-24) Targets, Project Pipeline and Upcoming Opportunities 18. MATERIAL MARKET ...... 7. ROAD DEVELOPMENT IN NORTHEAST ...... - Market Size (Material-wise), Key Materials Used (Cement, Steel, - Overview of NHIDCL's Operations, Projects Awarded, Projects Bitumen, Fly Ash, etc.), Pricing Trends, Industry Structure, Key Completed, Targets and Future Plans, Key Initiatives, Upcoming Players, Key Developments and Trends, Outlook and Opportunities Opportunities, Key Concerns SECTION VII: MAJOR PLAYERS SECTION III: EXPERIENCE AND OPPORTUNITIES UNDER KEY IMPLE- MENTATION MODELS 19. PROFILES OF LEADING PLAYERS ...... - Afcons Infrastructure Limited, Ashoka Buildcon Limited, Bharat 8. HYBRID ANNUITY MODEL (HAM) ...... Road Network Limited (BRNL), Dilip Buildcon Limited, Essel - Key Features, Progress So Far, Bidding Scenario, Key Players, Infraprojects Limited, Gayatri Projects Limited, GR Infraprojects Current Stance of Financiers, Project Pipeline and Upcoming Limited (GRIL), GMR Infrastructure Limited, GVR Infra Projects Opportunities, Issues and Challenges, Future Outlook Limited, Hindustan Construction Company Limited, IL&FS Transportation Networks Limited, IRB Infrastructure Developers 9. TOLL-OPERATE-TRANSFER (TOT) MODEL ...... Private Limited, J Kumar Infraprojects Limited, Larsen and Toubro - Key Features, Current Status, Bidding Strategy, Upcoming Limited (L&T), MBL Infrastructures Limited, MEP Infrastructure Bundles/Identified Road Stretches, Opportunity for Long-term Developers Limited, NCC Limited, Oriental Structural Engineers Investors, Future Outlook Limited, PNC Infratech Limited, Reliance Infrastructure Limited (RIL), Sadbhav Engineering Limited, Sadbhav Infrastructure Private 10. BUILD-OPERATE-TRANSFER (BOT) MODEL ...... Limited, Welspun Enterprises Limited - Experience So Far, Pace of Project Award and Completion, Key Successes and Failures, Re-award of Languishing Projects, Project Each profile will provide an overview of the project portfolio (completed, under con- Pipeline and Upcoming Opportunities, Key Concerns, Future Outlook struction and planned projects), financial performance, recent developments, future plans, strategies, etc. 11. ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) MODEL . - Experience So Far, Project Award and Completion, Bidding Scenario, The report is available in a PDF format. Project Pipeline and Upcoming Opportunities, Key Challenges, Future Outlook

32 | India Infrastructure Research www.indiainfrastructure.com TRANSPORTATION Table of Contents Table Price: Rs 75,000 (USD 1,770) (USD 75,000 Rs Price: India Infrastructure Research | 33 No. of Slides: 633 633 No. of Slides: The report is available in a PDF format. The report players; Recent Contracts; Upcoming tenders; Plans of key metro Contracts; Upcoming tenders; Plans players; Recent Developments; Outlook and trends; Recent systems; Key (till 2024-25) Projections Upcoming Bids Contracts (past 15-18 months); Players; Recent in Tunnel Practices Developments; Best Recent and Tenders; Design; Outlook and Opportunities Upcoming Contracts; Global Best Practices; Players; Recent and Projections Outlook Tenders; Contracts; Contractors; Recent Market Share of Key Techniques; Outlook and Projections Trends; Key Upcoming Tenders; Systems; Energy Consumption and Expenditure; Energy Conservation Contracts; Upcoming Players; Recent Initiatives; Key Outlook and Projections Tenders; Phase I Project Phase I and II; Chennai Metro Rail Project Metro Rail Phase I, II, III and Project and Phase I Extension; Delhi Metro Rail Gurgaon Phase I and II; Project Metro Rail Extensions; Rapid Project Phase I; Jaipur Metro Rail Project Hyderabad Metro Rail Project Metro Rail Phase I; Kolkata Project Metro Rail Phase I; Kochi (North-South, Lucknow Metro and Expansion Projects); East-West 1, 2A, (Lines Project 2B, 3, 4, 6 Mumbai Metro Rail Project; Rail Project Line 1; Nagpur Metro Rail and 7); Mumbai Monorail Project Noida-Greater Phase I; Project Phase I; Navi Mumbai Metro Rail Project Pune Metro Rail Project; Noida Metro Rail Phase II; Bengaluru Phase 2A, Project 2B and III; Bhopal Metro Rail Project; Metro Rail Phase I; Bhubaneswar-Cuttack Project Metro Rail Project; Phase II; Coimbatore Metro Rail Project Chennai Metro Rail Delhi Metro Rail Project; Light Rail Dehradun-Haridwar-Rishikesh Greater Noida - Project; Gorakhpur Metro Rail Phase IV; Project Project; Gurgaon-Manesar Metro Rail Project; Jewar Metro Rail Gurgaon Phase III; Gurgaon-Faridabad Project Metro Rail Rapid Phase I; Hyderabad Project Guwahati Metro Rail Project; Metro Rail Phase I; Jaipur Project Phase II; Indore Metro Rail Project Metro Rail Kanpur Project; Phase II; Jammu Metro Rail Project Metro Rail Phase II and III; Project Metro Rail Phase I; Kochi Project Metro Rail Project Meerut Rail Phase I; Mumbai Metro Project Metro Rail Phase II; Project (Lines 5, 8, 9, 10, 11 and 12); Nagpur Metro Rail Noida Sector Project; Metro Rail Noida Sector 142 - Kalindi Kunj Project Metro Rail Patna Project; V Metro Rail 71-Knowledge Park Thane Project; Srinagar Metro Rail Project; Phase I; Surat Metro Rail Phase I; Project Visakhapatnam Metro Rail Project; Metro Rail Light Metro Ranchi Project; Light Rail Pune Project; LRT Kozhikode Phase I; etc. Project Rail - Analysis of TBM Market; Market Share of Key Size and Growth; - of Station Design; Key Components Growth; Key Market Size and - Construction Methods and Cost; Prevalent Size and Growth; Per-km - and E&M; Systems; Market Size; Specifications of Traction Traction - Phase I; Bengaluru Project Ahmedabad-Gandhinagar Metro Rail - Project Metro Rail Ahmedabad-Gandhinagar Project; Agra Metro Rail [Each profile covers the project background and scope (network length, number of stations, rolling stock, fare system, signalling and telecommunication, traction, etc.), project cost, time and cost overruns, key consultants, key the implementing agency, contractors, key milestones, sources of fund, recent contracts, upcoming tenders, current status, etc.] 12. METRO TUNNELS...... AND INTER-MODAL INTEGRATION AREA DEVELOPMENT 13. STATION . . STRUCTURES 14. AND CONSTRUCTION: AT-GRADE ELEVATED ...... 15. TRACTION AND E&M...... SECTION III: PROJECT PROFILES AND 16. UNDER OPERATIONAL CONSTRUCTION PROJECTS...... AND UNDER 17. UPCOMING PROJECTS (ANNOUNCED, APPROVED BIDDING PROJECTS) ...... (April 2019) Analysis by Segment: Stations; Rolling Stock; Fare Analysis by Segment: Stations; Rolling and Focus on Indigenisation; Growth in Budgetary and Focus Recent Outlays; and Challenges; Issues Requirements; Developments; Investment Outlook Future ParticipationCreation of Unified for the Private in O&M; Potential Metropolitan Transport Authority; Industry Recommended Feedback; Amendments of System; Ridership; Analysis by: Mode of Implementation; Type Alignment; Systems; Collection Systems; Signalling & Telecommunication & E&M Traction Open Tenders Alignment; By Expected Completion; Key Addition; Market Opportunities: By Segment; Market Opportunities: Outlook By Stakeholder; Future Big Data, etc.); Use of Renewable Innovations (MaaS, IoT, Technology Energy Ongoing Projects; Portfolio; Key Project Completed Projects; Key Financial Performance Plans Future and Financing Trends; Privatised); Fully Hybrid PPPs, PPPs, VGF-based New Sources of Revenue; Key Framework; Capture Financing Value Streams (Advertising Estate Revenue Real License Fee, Revenue, etc.); Project Development Rights, Additional Stamp Duty, of Economics and Cost Components; Historical and Expected Rates Forward Way Returns; PPP Experience and Potential; Orders; Stock Standardisation; Recent Guidelines on Rolling on Indigenous Players; Focus Upcoming Bids; Market Share of Key Level of Indigenisation; Train Manufacturing Facilities; Production; Operations- Experience So far; Operations; Driverless Train Stock Opportunities;Upcoming Rolling Forward Way Players; Recent Upgrades and Innovations; Market Share of Key Developments; Recent Contracts; Upcoming Bids and Tenders; Outlook and Projections upgrades and innovations; Global scenario; Market share of key - of 'Make in India' Role Sector Trends; Growth; Key Network Size and - Scope for Impact on PPPs; Benefits; Potential Salient Features; - in Current Network; Growth in Operational Network; Trends - of System; By Type By Status; By Mode of Implementation; By - Expected Network Growth Drivers; Investment Projections; Key - Estate/Commercial Development; Development; Real Transit-oriented - Ownership Models-A Brief Snapshot; Segment-wise Presence; Key - Government- funded, Business Models (Fully Experience So Far; - Market Size and Growth; Nature of Fleet and Specifications; MoHUA - and Systems in Use; System Market Size and Growth; Technologies - Market Size and Growth; Specifications of system in use; System SECTION I: MARKET ANALYSIS, KEY TRENDS AND RECENT KEY TRENDS AND RECENT SECTION I: MARKET ANALYSIS, DEVELOPMENTS EXECUTIVE SUMMARY ...... 1. SECTOR OVERVIEW ...... 2017 - AND 2. IMPACT CHALLENGESMETRO RAIL POLICY, ...... PROJECTSOF OPERATIONAL ...... 3. ANALYSIS OF UPCOMING PROJECTS4. ANALYSIS ...... 5. FUTURE AND OUTLOOK MARKET OPPORTUNITIES ...... 6. EMERGING AREAS OF GROWTH...... 7. OWNERSHIP STRUCTURE AND KEY PLAYERS ...... 8. AND FINANCING POTENTIAL STRATEGIES FOR PPP ...... AND OPPORTUNITIES OUTLOOK SECTION II: SEGMENT ANALYSIS, 9. ROLLING STOCK ...... 10. SIGNALING, TRAIN CONTROL AND TELECOMMUNICATIONS ...... 11. COLLECTION FARE SYSTEMS ...... www.indiainfrastructure.com Urban RailUrban 2019 in India and Opportunities Projects and Systems, Upcoming New Technologies Market Analysis, TRANSPORTATION Segment Overview, OutlookandMarketOpportunities Clean BusMarketinIndia: 34 | India Infrastructure Research | IndiaInfrastructure 34 Table ofContents .OTOKADMRE POTNTE . OPPORTUNITIES MARKET OUTLOOKAND 4. . DRIVERS GROWTH 3. . OVERVIEW 2. SECTION I:MARKETOVERVIEWANDOUTLOOK . SUMMARY EXECUTIVE 1. .CMEIIELNSAE. . LANDSCAPE COMPETITIVE 5. - Current MarketShares Current - MarketOpportunities - Future DemandProjections - Key UpcomingBidsandTenders - Procurement Undertakings PlansofTransport - CitiesMission Smart - RisingOilImports - SubsidyScheme Government's - StrengtheningofPublicTransport - Focus onEmissionControl - Key Trends - Future Outlook - IssuesandChallenges - InvestmentNeedsandRequirements - Key Regulations andIncentives - NationalElectricMobilityMissionandFAME Scheme - Recent Trends - ShareofCleanBuses Current - GrowthinIndia'sBusMarket - Key Players(IndianandGlobal) - z z z z z z z z Recent Collaborations/JV/Technology Partner Key Milestones Future Plans Operational FleetofCleanBuses Company Profile Other ComponentSuppliers Manufacturers Battery Bus Manufacturers Hybrid, Electric,Gas-Based 8. GAS-BASEDBUSMARKET 7. ELECTRICBUSMARKET . MARKET BUS HYBRID 6. SECTION II:SEGMENTFOCUS DemandProjections andMarketOpportunities - IssuesandChallengesinE-busAdoption - ImpactofChargingonGrid - andTechnologies ChargingInfrastructure - Swapping Potential ofBattery - Technology Battery Option - CostBenefitAnalysis - FAME PhaseIBidding-Key Takeaway - Recent OrdersandInvestmentsMadeSoFar - Procurement ModelsandIncentives - OperationalFleet - LessonfromChina - ExperienceSoFar - DemandProjections andMarketOpportunities - Key IssuesandChallenges - CostBenefitAnalysis - Technology Options - Procurement ModelsandIncentives - ExperienceSoFar - OperationalFleet - Types ofHybridBuses - DemandProjections andMarketOpportunities - IssuesandChallenges - Potential forLNGand BiogasBuses - InitiativesSoFar - Recent ContractandTenders - ExperienceSoFar - CostsandROI OperationalPerformance: - SizeandGrowth Current - The report isavailableinaPDFformat. No. ofSlides:135 Price: Rs50,000(USD1,180) (BATTERY OPERATED) (CNG, LNG,BIOGAS) www.indiainfrastructure.com . . (May 2018) TRANSPORTATION Table of Contents Table India Infrastructure Research | 35 No. of Slides: 400 Price: Rs 60,000 (USD 1,416) Price: Rs 60,000 400 No. of Slides: The report is available in a PDF format. The report Container Corporation of India Limited, Central Warehousing Container Corporation of India Limited, Central Warehousing Corporation, Distribution Logistics Infrastructure Limited, Private Limited, Private Limited, Hind Terminals Freight Gateway Rail and Rail IndiaLinx, Inlogistics, International Cargo Terminals Infrastructure Kribhco Infrastructure Limited, Private Limited, Sical Logistics Limited, Transport Limited, TransRail Multimodal and Rail Operators Container Train Other Key Year-on-Year Growth Year-on-Year Acquisition of Vessels Initiatives, New Players and Structure Developments, Players, Growth Drivers, Recent and Key and Projections Issues and Challenges, Outlook Agencies Involved; Existing Infrastructure:Requirements, CFSs and ICDs, CFSs, ICDs; Market Structure under Players; Projects and Key Issues and Challenges; Key Projects; Implementation; Proposed Outlook and Opportunities Market Structure Developments, Growth Players, Recent and Key Outlook and Projects, Issues and Challenges, Upcoming Potential, Projections Adani Mundra Container Adani International Container Terminal, Chennai Pipavav, Mumbai, APM Terminals APM Terminals Terminal, Private Limited, Chennai International Terminals Container Terminal Container Haldia Limited, Dakshin Bharat Gateway Terminal, (ICTT) Terminal International Container Transhipment Terminal, Jawaharlal Nehru Kandla PortVallarpadam, Container Terminal, Kattupalli International Container International Container Terminal, Mundra Krishnapatnam Port Container Terminal, Terminal, Netaji Subhas Dock Container International Container Terminal, Nhava Nhava Sheva International Container Terminal, Terminal, PSA Sical Container Sheva International Gateway Terminal, Visakha Container Terminal Terminal, - Adani Logistics Limited, Arshiya Rail Infrastructure- Adani Logistics Limited, Arshiya Rail Limited, - Coastal Container Traffic at Indian Ports: Port-wise, Overall, - Coastal Container Traffic - Market Structure Developments, Policy Players: Recent and Key Issues and Concerns- Key - Outlook and Projections Analysis, Market Analysis, State-wise - Size and Growth, Regional for Approval, Basic Procedure - Institutional Framework: Ongoing Projects, Key - Size and Growth - Operational Projects, Adani Hazira Container Terminal, - Adani CMA Mundra Terminal, Each profile covers information on company overview, existing infrastructure, net- Each profile covers information on company overview, work/route covered, financial performance,future plans, key contacts, etc. Each profile covers information on traffic handled, capacity, capacityEach profile covers information on traffic handled, capacity, utilisation, draught levels, equipment and planned expansion, etc. TRAIN OPERATORS PROFILES OF CONTAINER SECTION IV: 15. TRAIN KEY OPERATORSCONTAINER ...... 10. COASTAL SHIPPING10. COASTAL ...... TRANSPORT CONTAINER 11...... REFRIGERATED 12. CFSS AND ICDS...... 13. AND LOGISTICS PARKS FTWZS...... TERMINALS SECTION III: PROFILES OF PORT CONTAINER 14. KEY TERMINALSPORT CONTAINER ...... (June 2017) 2017 India Trends: Overall – IR’s Container Traffic, Zone-wise, EXIM and Zone-wise, Container Traffic, Overall – IR’s Trends: in Earnings: Container Freight Overall – IR’s Domestic; Trends Earnings, Zone-wise, EXIM and Domestic; Recent Operators: Industry Developments/Initiatives; Container Train Structure, Current Infrastructure; Analysis of Charges and Fees; (till 2022-23) Issues and Challenges; Outlook and Projections Commissioning of DFC, Current Status, Impact of DFC on the DMIC-Container Market, DMIC- Features, Likely Impact on the Key Container Traffic Container Market, Issues and Challenges, Projected Corridors and OpportunitiesGrowth, Future Container Handling Ports, Market Structure Players, Issues and Key and Challenges, Outlook and Projections National Indo-Bangladesh Protocol, Transport Project, Transit Waterways Act of Evacuation, Impact of Sagarmala on Container Market, Recent Key Upcoming Projects, Key Ongoing Projects, Initiatives, Key Projections Issues and Challenges, Growth Drivers, Outlook and Containerisation, Region-wise Containerised Commodities, Trade of Trade Containerised Commodities, Containerisation, Region-wise in Freight Size and Growth, Trend Major Containerised Commodities, and Initiatives, Issues and Challenges, Developments Recent Rates, Outlook and Opportunities and Investments, Upcoming Projects Projections, Impact, Traffic Market Opportunities, Sector Outlook Developments; Likely Impact: Port Transportation Operators, Road and Trucking Shipping Operators, Container Train Industry, Companies, ICDs and FTWZs; Issues Key CFSs, Logistics Parks, and Challenges - Share of Container in IR’s Freight Traffic and Earnings; Traffic and Earnings; Traffic Traffic Freight - Share of Container in IR’s Phased Features, Corridor Key Route, Overview, - Project - Current to Scenario, Cost of Container Movement, Connectivity - Overview - National Waterways - Current Infrastructure - Container Handling - Experience so Far - Container Movement on NW-3 Routes/Commodities - Potential - Container Movement on NW-3 Government- Recent Initiatives: Marg Vikas, Kaladan Multi-Modal Jal NW-5 NW-4, NW-3, NW-2, NW-1, Ongoing Projects: - Key Upcoming Projects - Key Issues and Concerns- Key for Container Movement - Potential - Traffic Trends, Container Handling Capacity, Efficiency Trends, Mode Efficiency Trends, Capacity, Container Handling Trends, - Traffic - India’s Macroeconomic Scenario, India’s Modal Mix, Level of - India’s Macroeconomic 2017-18 – Announcements and - Growth Drivers, Union Budget Current Timelines; Recent Status and of GST; Features - Key 7. DEDICATED FREIGHT 7. CORRIDORDEDICATED ...... 8. ROADS ...... 9. TRANSPORTINLAND WATER ...... 6. RAILWAYS 6. RAILWAYS ...... 5. PORTS ...... 2. OVERVIEW ...... 3. INVESTMENTS, OPPORTUNITIES AND OUTLOOK...... 4. OF IMPACT GST...... SECTION II: SEGMENT TREND AND OPPORTUNITIES SECTION I: MARKET SIZE AND OUTLOOK SECTION I: MARKET SIZE 1. EXECUTIVE SUMMARY...... www.indiainfrastructure.com Segment Analysis, Outlook and Opportunities Analysis, Outlook Segment Container Market in Market in Container Construction in India 2017 (March 2017) No. of slides: 334 Price: Rs 75,000 (USD 1,770) Trends, Outlook and Projections Table of Contents

SECTION I: CONSTRUCTION MARKET OVERVIEW 14. HOUSING ...... - Sector Size and Growth, Key Trends, Project Pipeline, Expected 1. EXECUTIVE SUMMARY ...... Investments, Construction Opportunity, Demand and Supply Challenges, Regulatory Constraints, Outlook and Projections 2. OVERVIEW ...... - Size and Growth, Demand from Infrastructure and Housing, Key 15. TUNNELS ...... Trends and Developments, Construction Formats, Investment - Sector Size and Growth, Key Trends Projections, Issues and Challenges, Outlook and Opportunities (till - Planned Network Addition - By Sector, State 2022-23) - Expected Investments, Project Pipeline, Construction Opportunity, Key Issues and Challenges, Outlook and Projections 3. SECTOR OUTLOOK AND MARKET OPPORTUNITIES ...... - Growth Drivers, Upcoming Project Pipeline, Equipment Market SECTION III: CONTRACTING CAPACITY AND PERFORMANCE Projections, Material Market Projections - Market Opportunities: For Construction Contractors, Developers, 16. MARKET SIZE AND KEY PLAYERS ...... Equipment Providers, Consultants, Financiers and Investors - Current Market Structure, Contractor Capacity, Recent Trends, Key Issues, Sector Outlook 4. NEW POLICY INITIATIVES AND IMPACT ...... - Recent Announcements, Amendments to Existing Policies, Fiscal 17. INTER-CONTRACTOR PERFORMANCE ...... Initiatives, Sector-level Policy Developments, Proposed Policy - Leading Players, Order Books, Revenues, Debt Servicing, Profits Changes, Industry Concerns and Expectations and Profit Margins, Key Ratios/Margins

CONSTRUCTION & MINING 5. IMPACT OF GST ...... SECTION IV: EQUIPMENT MARKET - Progress so Far, Timelines - Likely Impact: On Project Owners/Developers, Contract Structuring, 18. EQUIPMENT SIZE AND GROWTH ...... Construction Contractors/EPC Players, Equipment and Material - Market Size, Production and Sales, Equipment-wise Sales, Imports Providers; Key Actions Required and Exports, Industry Structure, Key Trends, Rental and Leasing Market, New Products, Market Projections (till 2022-23), Outlook 6. FINANCING NEEDS AND CHALLENGES ...... and Opportunities - Key Funding Sources, Investment Requirement, Financial Position of Companies, CDR Cases, New Sources of Funds, Key Issues and 19. OUTLOOK AND PROJECTIONS ...... Concerns - Future Plans by Key Players, Demand Projections for Equipment, Sales Projections for Equipment, National Capital Goods Policy SECTION II: CONSTRUCTION DEMAND – INFRASTRUCTURE & HOUSING 2016, Opportunities for Equipment Providers

7. ROADS AND BRIDGES ...... SECTION V: KEY MATERIALS - Network Size and Growth, Key Trends, Launch and Impact of Online Portals, Expected Investments and Capacity Addition, Long Term 20. MATERIAL MARKET OUTLOOK AND PROJECTIONS ...... Investment Requirement, Project Pipeline, Construction Opportunity, - Planned Capacity Additions by Key Suppliers, Planned Investments Key Issues and Challenges, Sector Outlook, Projected Investments by Key Suppliers, Demand Projections for Materials, Supply Projections for Materials, Opportunities for Material Suppliers 8. PORTS ...... - Sector Size and Growth - Traffic, Capacity 21. CEMENT ...... - Key Trends, Project Pipeline, Planned Capacity Addition, Expected - Key Consuming Segments, Demand-Supply Scenario, Existing Investments, Construction Opportunity, Key Issues and Challenges, Capacity and Utilisation, Production and Consumption Trends, Outlook and Projections Import/Export Trends, Pricing Trends, Impact of Demonetisation, Industry Structure and Key Players, New Innovations/Technologies, 9. POWER ...... Demand Drivers, Market Outlook and Key Projections (till 2022-23) - Sector Size and Growth, Key Trends, Expected Investments and Capacity Addition, Project Pipeline, Construction Opportunity, Key 22. STEEL ...... Issues & Challenges, Sector Outlook, Capacity Addition Projections - Key Consuming Segments, Demand-Supply Scenario, Existing Capacity and Utilisation, Production and Consumption Trends, 10. AIRPORTS ...... Import and Export Trends, Pricing Trends, Industry Structure and - Sector Size and Growth, Key Trends, Expected Investments, Project Key Players, New Innovations/Technologies, Demand Drivers, Key Pipeline, Construction Opportunity, Key Issues and Challenges, Projections, Market Outlook Outlook and Projections 23. BITUMEN ...... 11. WATER AND IRRIGATION ...... - Production and Consumption Trends, State-wise Consumption of - Sector Size and Growth, Key Trends, Project Pipeline, Planned Bitumen, Import Trends, Export Trends, Pricing and Cost Trends, Capacity Addition, Expected Investments, Construction Opportunity, Industry Structure and Key Players, Operational Parameters of Key Key Issues and Challenges, Outlook and Projections Bitumen Manufacturers, Demand Drivers, Market Projections and Projections 12. URBAN TRANSPORT ...... - Sector Size and Growth, Key Trends, Project Pipeline, Planned 24. OTHER MATERIALS ...... Network Addition, Expected investments, Construction Opportunity, - Production and Consumption Trends, Industry Structure and Key Key Issues and Challenges, Outlook Players, Demand Drivers, Market Projections and Projections

13. RAILWAYS ...... - Sector Size and Growth, Key Trends, Investment Requirement by the IR, Planned Capacity Addition, Project Pipeline, Construction Opportunity, Focus on DFC: Future Corridors and Opportunities, Key The report is available in a PDF format. Issues and Challenges, Key Projections, Sector Outlook

36 | India Infrastructure Research www.indiainfrastructure.com CONSTRUCTION & MINING Table of Contents Table Price: Rs 75,000 (USD 1,770) Price: Rs 75,000 India Infrastructure Research | 37 The report is available in a PDF format. The report Prices, Recent Auctions, Upcoming Auctions, Key Issues and Upcoming Auctions, Key Auctions, Recent Prices, Challenges, Outlook IndustryKey Stakeholders, Issues and Concerns, Concerns to Address Key Recommendations and Upcoming Recent Producers, Key Exports), Trends, Price Consumer Segments, Investment Plans and Projects, Auctions, Key (till 2024) Outlook and Projections and Upcoming Recent Producers, Key Exports), Trends, Price Consumer Segments, Investment Plans and Projects, Auctions, Key (till 2024) Outlook and Projections and Upcoming Recent Producers, Key Exports), Trends, Price Consumer Segments, Investment Plans and Projects, Auctions, Key (till 2024) Outlook and Projections and Upcoming Recent Producers, Key Exports), Trends, Price Consumer Segments, Investment Plans and Projects, Auctions, Key (till 2024) Outlook and Projections and Upcoming Recent Producers, Key Exports), Trends, Price Consumer Segments, Investment Plans and Projects, Auctions, Key (till 2024) Outlook and Projections Auctions, & Upcoming Recent Producers, Key Exports), Trends, Price Outlook Consumer Segments, Future Investment Plans & Projects, Key Auctions, & Upcoming Recent Producers, Key Exports), Trends, Price Outlook Consumer Segments, Future Investment Plans & Projects, Key Financial Performance, Players Investment Plans of Key Trends, Mineral Development Corporation Limited, NLC India Limited, National Aluminium Company Limited, etc. - of Captive Block Allocations, E-auction Results Experience So Far, - of Perspective Strategy, Impact Areas, Methodology and Pricing Key - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - (Import Trade vs Reserves, Consumption, Foreign Production, - Industry Productivity Composition, Operational Performance Trends, - Coal India Limited, Singareni Collieries Company Limited, Gujarat Import Trends, Policy Developments, Demand and Supply Projections Projections Demand and Supply Developments, Import Policy Trends, (till 2024) Each profile contains information on company operations, production, sales, financial performance, key projects, expansion plans, future outlook, etc. 11. COAL MINING AUCTIONS UPDATE ...... 12. COMMERCIAL MINING IN INDIA ...... SECTION III: MINERAL PROFILES 13. IRON ORE ...... 14. LIGNITE ...... 15. LIMESTONE...... 16. BAUXITE...... 17. COPPER CONCENTRATE ...... 18. and Zinc concentrates, Dolomite, OTHER KEY MINERALS (Lead Quartz, Magnesite, Silica and other sand, etc) Kaolin, 19. RARE EARTH MINERALS (ilmenite, sillimanite, garnet, zircon, monazite, rutile, etc.) COMPETITIVE LANDSCAPE SECTION IV: 20. PERFORMANCE INTER-PLAYER ...... 21. PROFILES OF KEY MINING COMPANIES (April 2019) Market, Mineral Reserves Position, Development of the Mineral and Development Market, Mineral Reserves Position, Trend Analysis, Consumption Trend Mining Belt of India, Production Analysis, FDI in the Mining Sector in India, Trade Analysis, Foreign International Risks and Challenges, Key Collaborations in Mining, Outlook and Projections Sector;Incentivising the Private Impact of the Mining Tenement MachinerySystem; Mining & Mineral Development Strategy; Mining Sustainable and Mineral Beneficiation Equipment; Moving Towards with International Norms, Planned Mining; Benchmarking Taxation Financial Support, Impact Analysis on the Mining Industry, Unaddressed Issues & Challenges Industry Perspective (views of key personnel from the mining industry on the expected impact of the policy on the sector and the unaddressed and issues concerns) Offshore Areas Mineral (Development and Regulation) Act, 2002; Scheme for Minor Minerals; Legalisation of Commercial Star Rating on Recent Coal Mining; Update on Coal Mine Allocation; Update Completed; Projects Mining Leases Granted; Key Bids in Auctions; Mergers/Acquisitions; Stressed Assets; Recent Changes Likely Impact of Policy 50 Upcoming Top Outlook, Investment Outlook, Minerals, Policy Matrix Restraint Growth Driver Matrix, Expected Market Future Projects, Capital Expenditure on Deposits and Higher Stripping Ratio, Exploration, Current Drilling Levels, Evolving Mining Methods Investment Needs, Exploration (Underground vs Opencast), Future Options for Mining Companies, for 2019-20, Funding Targets Emerging Business Models: Cluster Approach, Issues & Challenges CompletedStudies of Key Equipment and Technology Projects); Challenges; Status of Infrastructure Health, Safety and Facilities; Environmental Concerns; Geological Risks, Other Concerns OpportunityRecommendations, Outlook Analysis, Future Structure,Plans of Mining Procurement Developments, Recent Segment Overview: Trends, Companies, Equipment and Technology Drilling; Loading; Haulage; Crushing, Pulverising and Screening Equipment; Auxiliary and Support Equipment, Equipment Outlook (till 2024) and Projections Coal Trends, Analysis, Demand-Supply Gap, Domestic Production - Current the Global Mining in Growth, India's Role Market Size and - and Exploration; Prospecting Features: Policy Key Overview, - 2015; Amendment to Amendments to Mineral Auction Rules, - Pipeline Overall Project - State, Ownership Pipeline Analysis Matrix: By Minerals, Stage, - Providers Market Opportunity Technology MDOs, Equipment & For: - of Key Minerals, Supply Projections of Key Demand Projections - Deeper Status of Exploration: Reserves; R/P Ratio; Production; - Execution (Case Challenges in Project Macroeconomic Factors; - Issues and Challenges, Solutions and Experience So Far, - Equipment Used, Industry Equipment-wise Market Size, Key - Existing and Balance Reserves, Coal Demand Analysis, Coal Supply EXECUTIVE SUMMARY ...... OPPORTUNITIES AND OUTLOOK SECTION I: MARKET TRENDS, 1. INDUSTRY OVERVIEW...... 20182. DRAFTMINERAL POLICY, NATIONAL ...... 3. POLICY AND OTHER RECENT DEVELOPMENTS ...... 4. PROJECT PIPELINE AND MARKET OPPORTUNITIES ...... 5. AND OUTLOOK PROJECTIONS (till 2024) ...... 6. SEGMENT TRENDS AND EXPLORATION REQUIREMENTS ...... 7. RISKS AND CHALLENGES...... 8. MDO EXPERIENCE ...... 9. MINING EQUIPMENT AND TECHNOLOGY ...... SECTION II: FOCUS ON COAL MINING 10. SIZE AND GROWTH ...... www.indiainfrastructure.com Mining in India 2019 Mining New Opportunities Framework, Policy Evolving Outlook and Future Trends, Emerging Tunnelling in India 2019 (January 2019) Price: Rs 75,000 (USD 1,770) Segment Analysis, New Opportunities and Future Outlook Table of Contents

SECTION I: MARKET ANALYSIS, UPCOMING PROJECTS AND 10. WATER SUPPLY AND SEWERAGE TUNNELS ...... OPPORTUNITIES - Size and Growth: Overall Size, By State, By Technique/Method; Analysis of Completed Projects; Key Completed Projects; Analysis 1. OVERVIEW ...... of Ongoing Projects; Key Ongoing Projects; Select Case Studies and - Size and Growth; Key Trends; Recent Developments; Growth Lessons Learnt; Analysis of Upcoming Projects; Key Upcoming Drivers; Issues and Challenges; Future Outlook Projects; Issues and Challenges; Segment Outlook and Projections

2. PROJECT PIPELINE ...... 11. IRRIGATION TUNNELS ...... - Overall Project Pipeline - Size and Growth: Overall Size, By State, By Technique/Method; - Analysis by Segment: Hydropower, Irrigation, Railways, Roads, Analysis of Completed Projects; Key Completed Projects; Analysis Metro, Water Supply, Sewerage of Ongoing Projects; Key Ongoing Projects; Select Case Studies and - Analysis by Stage of Implementation Lessons Learnt; Analysis of Upcoming Projects; Key Upcoming . . . - Analysis by State Projects; Issues and Challenges; Segment Outlook and Projections - Analysis by Completion Period - Top 50 Upcoming Projects SECTION III: CONSTRUCTION TECHNIQUES, EQUIPMENT AND MATERIALS 3. MARKET OPPORTUNITIES ...... - Investment Projections (till 2026-27) 12. TBM MARKET SIZE AND OUTLOOK ...... - Opportunities for Stakeholders: EPC Contractors, Technology - Size and Growth; Types of TBM; Market Trends; Technological CONSTRUCTION & MINING Providers, Equipment Suppliers, Construction Material Suppliers, Advancements; Key Projects (using TBMs); TBMs deployed in Consultants Metro Rail Projects; Distinguishing Features of TBMs Deployed; Issues and Challenges; Future Outlook 4. ANALYSIS OF KEY PLAYERS ...... - Snapshot of Major Players 13. OTHER CONSTRUCTION TECHNIQUES (DRILL & BLAST AND NATM) . - Market Structure - Size and Growth - Project Portfolio: Key Completed Projects, Key Ongoing Projects z DBM - Financial Performance z NATM - Future Plans z Conventional Techniques z Microtunnelling 5. RISKS AND CHALLENGES ...... - Market Trends - Contractual Issues; Construction Complexities; Equipment-related - Technological Advancements Issues; Manpower Issues; Other Issues - Key Projects z DBM SECTION II: SEGMENT ANALYSIS z NATM z Conventional Techniques 6. METRO RAIL TUNNELS ...... - Issues and Challenges - Size and Growth: Overall Size, By State, By Technique/Method; - Future Outlook Analysis of Completed Projects; Key Completed Projects; Analysis of Ongoing Projects; Key Ongoing Projects; Select Case Studies and 14. EQUIPMENT MARKET ...... Lessons Learnt; Analysis of Upcoming Projects; Key Upcoming - Size and Growth Projects; Issues and Challenges; Segment Outlook and Projections z Overall Size z DBM Equipment Market 7. RAILWAY TUNNELS ...... z TBM Equipment Market - Size and Growth: Overall Size, Analysis by State, Analysis by z NATM Equipment Market Technique/Method; Analysis of Completed Projects; Key Completed - Import of Tunnelling Machinery Projects; Analysis of Ongoing Projects; Key Ongoing Projects; - Types of Equipment Analysis of Upcoming Projects; Key Upcoming Projects; Issues and - TBM Equipment Providers - Services Challenges; Segment Outlook and Projections - Other Equipment Suppliers - New Innovations and Advancements 8. HYDRO TUNNELS ...... - Issues and Challenges - Size and Growth: Overall Size, Analysis by State, Analysis by - Future Outlook Technique/Method; Analysis of Completed Projects; Key Completed Projects; Analysis of Ongoing Projects; Key Ongoing Projects; 15. MATERIALS MARKET ...... Analysis of Upcoming Projects; Key Upcoming Projects; Issues and - Size and Growth Challenges; Segment Outlook and Projections - Types of Materials Used in Tunneling - Market Trends 9. ROAD TUNNELS ...... - New Materials and Innovations - Size and Growth: Overall Size, By State, By Technique/Method; - Future Outlook Analysis of Completed Projects; Key Completed Projects; Analysis of Ongoing Projects; Key Ongoing Projects; Select Case Studies and Lessons Learnt; Analysis of Upcoming Projects; Key Upcoming The report is available in a PDF format. Projects; Issues and Challenges; Segment Outlook and Projections

38 | India Infrastructure Research www.indiainfrastructure.com CONSTRUCTION & MINING Table of Contents Table India Infrastructure Research | 39 225 Price: Rs 75,000 (USD 1,770) (USD 75,000 Rs Price: 225 No. of slides: No. of slides: The report is available in a PDF format. The report •Number and Value Terms, Type of Mineral (coal versus non-coal) Type Terms, •Number and Value of Mineral (coal versus non-coal) Type Terms, •Number and Value of Mineral (coal versus non-coal) Type Terms, •Number and Value of Mineral (coal vs. non-coal) Type Terms, •Number and Value of Mineral (coal vs. non-coal) Type Terms, •Number and Value BEML, Case New Holland Construction Equipment India Private Eimco Limited, Caterpillar Inc., Daimler India Commercial Vehicles, Elecon (India) Limited, Escorts Limited, Hyundai Construction L&T Limited, JCB India, Komatsu, Equipment India Private Construction Equipment Limited, Liebherr Limited, India Private Mahindra Construction Equipment, Metso, Sandvik Asia Private Hitachi Construction Machinery Company Limited, Scania, Tata Players Limited, Other Key India Private Limited, Volvo Private M&CE etc.) (Doosan Infracore, Voltas - Equipment Overview - and Advances Trends Recent - Demand Drivers - Major Players - for Drills (2018-21) Market Projections - Equipment Overview - and Advances Trends Recent - Demand Drivers - Major Players - for Excavators (2018-21) Market Projections - Equipment Overview - and Advances Trends Recent - Demand Drivers - Major Players - for Dumpers (2018-21) Market Projections - Equipment Overview - and Advances Trends Recent - Demand Drivers - Major Players - (2018-21) Market Projections - Equipment Overview - and Advances Trends Recent - Demand Drivers - Major Players - (2018-21) Market Projections - Action Construction Equipment Limited, Atlas Copco (India) Limited, SECTION II: DEMAND PROJECTIONS (2018-21) SECTION II: DEMAND PROJECTIONS 8. DRILLING...... 9. LOADING ...... 10. HAULAGE ...... EQUIPMENT AND SCREENING 11. CRUSHING, PULVERISING 12. AUXILIARY AND SUPPORT EQUIPMENT ...... SECTION III: COMPETITIVE LANDSCAPE 13. MAJOR PLAYERS ...... product (Each profile covers existing and planned manufacturing capacity, portfolio, recent initiatives, financial performance, etc.) (May 2018) - Production - Consumption - Exports and Imports - Developments Recent - Trends Key - Issues and Challenges - and Plans Investment Requirements - (2018-22) Outlook and Projections - Market Size (equipment-wise) - Current Equipment Size of Coal India Limited - (by technique) Equipment Used Key - in Supply Chain Equipment Used Key - Industry Structure - Developments Recent Key - Outlook and Opportunities - (2018-21) Market Projections - Equipment Productivity - Equipment Utilisation - Evolving Mining Techniques - in Automation and Technology Trends - in Technology Emerging Trends - Mining in Coal Commercial Private - Upgrade Plans Technology CIL’s - Non-coal Mine Auctions by State Governments - Larger Scale of Mining Operations - Deeper Deposits and High Stripping Ratios - Enhancing Output from Underground Mines - Performance Improvement and Cost Efficiency - Sector and Contract Mining Private - Carbon Footprint Reducing - Developments Policy Key - Coal - Lignite - Bauxite - Copper - Iron Ore - Lead and Zinc - Other Non-Metallic Minerals - Coal India Limited - South Eastern Coalfields Limited - Coalfields Limited Western - Central Coalfields Limited - Eastern Coalfields Limited - Mahanadi Coalfields Limited - Northern Coalfields Limited - Players Private 2. MINING INDUSTRY TRENDS AND OUTLOOK ...... 3. EQUIPMENT SIZE AND GROWTH ...... 4. EQUIPMENT TRENDS AND TECHNOLOGY ...... 5. GROWTH DRIVERS ...... 6. KEY CONSUMING SEGMENTS ...... 7. PROCUREMENT PLANS OF MINING COMPANIES ...... SECTION I: MARKET SIZE, TRENDS AND GROWTH DRIVERS SECTION I: MARKET SIZE, 1. EXECUTIVE SUMMARY ...... www.indiainfrastructure.com Mining Equipment Market Equipment Mining (2018-22) Outlook and Projections and Trends; Market Size Affordable Housing in India 2019 (September 2019) (Draft ToC) Price: Rs 75,000 (USD 1,770) Progress so Far, Recent Developments, New Projects and Future Outlook Table of Contents

EXECUTIVE SUMMARY ...... 10. MATERIAL AND EQUIPMENT MARKET ...... - Demand Drivers; Emerging Construction Techniques; Building SECTION I: HOUSING MARKET: TRENDS, DEVELOPMENTS, PROJEC- Materials and Equipment Market Size; Innovations in Material and TIONS AND OPPORTUNITIES Equipment Market; Global Best Practices; Outlook and Upcoming Opportunities 1. AFFORDABLE HOUSING SEGMENT OVERVIEW ...... - Urbanisation and Demographic Trends; Current Market Size; Trends SECTION II: UPDATE ON GOVERNMENT PROGRAMMES: PROGRESS AND in Supply and Sales of Affordable Houses; Growth Drivers; Current OPPORTUNITIES Stock of Low Income Housing; Recent and Emerging Trends; Institutional and Regulatory Structure; Outlook and Opportunities 11. PROGRESS REPORT: HOUSING FOR ALL BY 2022 ...... - Pradhan Mantri Awas Yojana (PMAY) Urban: Scope and Objectives, 2. UNION BUDGET 2019-20: ANNOUNCEMENTS AND EXPECTED IMPACT Progress So Far - Physical and Financial, Investment Requirement, - Key Announcements; Expected Impact; Stakeholder Views; Next Completed and Ongoing Projects, Targets and Timelines Steps - PMAY Gramin: Scope and Objectives, Progress So far - Physical and Financial, Investment Requirement, Completed and Ongoing 3. POLICY AND REGULATORY DEVELOPMENTS ...... Projects, Targets and Timelines - Infrastructure Status to Affordable Housing - Other Key Programmes - Impact of GST - Credit Linked Subsidy Scheme 12. PROGRESS AND OPPORTUNITIES UNDER SMART CITIES MISSION . - RERA Act - Allocations for Affordable Housing under SCM - Affordable Housing in Partnership (AHP) Scheme - Experience So Far

URBAN INFRASTRUCTURE - Other Incentives - Key Completed and Under Construction Projects - Industry Expectations & Recommendations* - Upcoming Tenders *This section will be based on interviews with key industry stakeholders. - Investment Requirements - Market Opportunities under the Mission 4. HOUSING DEMAND AND SUPPLY INDICATORS ...... - Demand and Supply Gap: Overall, State-wise, Urban and Rural SECTION III: FOCUS ON PRIVATE PARTICIPATION - Affordable Housing Demand and Supply - Households versus Housing Stock 13. PPP POLICY: IMPACT AND BENEFITS ...... - Houses by Habitable Conditions - Formats and Models: Government land, Private land; Impact of PPP - Housing Congestion Policy; Incentives and Schemes for PPP; Industry Recommendations on Policy Implementation and Incentives 5. FUTURE OUTLOOK AND KEY PROJECTIONS (till 2024-25) ...... - Housing Demand Projections 14. PRIVATE SECTOR EXPERIENCE AND OUTLOOK ...... - Housing Stock Requirement by 2023-24 (By Region and States) - Experience So Far; Key Projects (Completed and Under - Housing Supply Projections Implementation); Successful Case Studies; Innovative Business - Projected Land Requirement Models; Upcoming Opportunities; Segment Outlook - Projections for Material and Equipment Requirements - Sector Outlook 15. RENTAL HOUSING MARKET ...... - Size and Growth; Policy and Regulatory Scenario; Current and 6. PROJECT PIPELINE AND MARKET OPPORTUNITIES ...... Emerging Practices; Targets under PMAY; State Initiatives; Global - Overall Project Pipeline; Project Pipeline by State Models; Issues and Challenges; Outlook - By Ownership: Central level, State level, Private Sector Projects - By Stage of Development: Ongoing, Awarded, Announced, 16. KEY PRIVATE PLAYER PROFILES ...... Planned/Proposed - Arihant Superstructures; Design Build Serve; Dreams Group; - Affordable Housing Projects under Smart Cities Mission Mahindra Lifespaces; Panvelkar Group; Provident Housing; - Segment Outlook Shapoorji Pallonji; Sheltrex; Signature Global; SNG Group; Tata - Opportunities for Key Stakeholders: EPC Contractors, Project Housing; VHBC; XRBIA; Others/New entrants Developers, Technology Providers, Material Suppliers, Equipment (Each profile will include information on company operations, project Suppliers, Consultants portfolio–completed and ongoing, upcoming projects, financial performance and future plans) 7. TOP CITIES FOR AFFORDABLE HOUSING ...... - Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, SECTION IV: STATE-LEVEL SCHEMES, EXPERIENCE AND POTENTIAL Mumbai, Pune, Others (Each city profile will include information on experience in affordable housing, com- 17. INTER-STATE COMPARISON ...... pleted and ongoing projects, demographic profile, state of existing infrastructure, - Current Infrastructure; Demographics; Housing Shortage; Key upcoming investments, key players, opportunities, etc.) Initiatives; Future Plans

8. FINANCING AND INVESTMENT SCENARIO ...... 18. KEY STATE PROFILES ...... - Investment Experience - Andhra Pradesh, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, - Funding Sources: Bank Credit/Priority Sector Lending, Private Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Equity/Institutional Investors, Bond Market Transactions, National Tamil Nadu, Telangana, Uttar Pradesh, West Bengal Housing Bank, Housing Finance Companies/AHFCs, Multilateral (Each state profile will give an overview of the housing scenario, role of key agencies Funding Agencies, Others (ECBs/FDI/CLSS) and housing boards, state policy on affordable housing, new initiatives and incen- - Expectations from REIT Structures tives, and ongoing and upcoming housing schemes/projects.) - Investment Projections (till 2024-25) - Key Challenges

9. PROJECT ECONOMICS: COSTS, MARGINS, RETURNS AND RISK ANALYSIS ...... - Factors Impacting Project Viability; Key Cost Components; Profit Margins; Trends in Interest Rates and Prices; Project IRRs The report will be available in a PDF format. (Historical and Expected); Key Risks and Challenges

40 | India Infrastructure Research www.indiainfrastructure.com URBAN INFRASTRUCTURE Table of Contents Table Price: Rs 75,000 (USD 1,770) (USD 75,000 Rs Price: India Infrastructure Research | 41 No. of slides: 787 787 No. of slides: The report is available in a PDF format. The report Noteworthy Challenges; Key Issues and Projects; Initiatives/ Learnings; Investments; Outlook and Opportunities Proposed (till 2025-26) Noteworthy Challenges; Key Issues and Projects; Initiatives/ Learnings; Investments; Outlook and Opportunities Proposed (till 2025-26) Noteworthy Challenges; Key Issues and Projects; Initiatives/ Learnings; Investments; Outlook and Opportunities Proposed (till 2025-26) Noteworthy Challenges; Key Issues and Initiatives/Projects; Learnings; Investments; Outlook and Opportunities Proposed (till 2025-26) Noteworthy Challenges; Key Issues and Initiatives/Projects; Learnings; Investments; Outlook and Opportunities Proposed (till 2025-26) and Flyovers; City Gas Distribution; Public Capacity Building; Roads Amenities - Solutions; Performance Indicators; Segments/Technology Key - Solutions; Performance Indicators; Segments/Technology Key - Solutions; Performance Indicators; Segments/Technology Key - Solutions; Performance Indicators; Segments/Technology Key - Solutions; Performance Indicators; Segments/Technology Key - Street Lighting; Healthcare; Affordable Housing Education; Parking; SECTION II: ROUND-WISE UPDATE CITIES (13 CITIES) TRACK AND FAST 9. ROUND I (FIRST 20 CITIES) . . . 10. ROUND II CITIES (27 CITIES) ...... 11. ROUND III CITIES (30 CITIES) ...... 12. ROUND IV CITIES (10 CITIES) ...... requirements, key sources of funding, progress on Each chapter covers investment studies, projects completion timelines, upcoming ten- projects, best practices/case ders, and outlook and opportunities. SECTION III: SEGMENT ANALYSIS 13. MOBILITY ...... 14. ENERGY ...... AND 15. WASTE WATER MANAGEMENT ...... 16. SAFETY AND SECURITY ...... 17. GOVERNANCE AND COMMUNICATION ...... 18. OTHER FOCUS AREAS ...... PROFILES OF KEY COMPLETED PROJECTS SECTION IV: This section covers brief profiles of key completed projects across various segments. of Type Cost; Source of Funding; Each profile covers: Scope; Project Contractor/Developer™; Technology/ (Area-based or Pan-City)™; Project Service Challenges; Provider; Completion Date (wherever available); Key Lessons Learnt OF KEY PROJECTS DATABASE SECTION V: The report also provides a comprehensive Excel-based database of ongo- sewerage, waste, ing and upcoming projects across the water supply, e-governance, health- roads, flyovers, safety and security, mobility, energy, care, capacity building and city gas distribution segments. Each project provides information on: Scope; Current Status; Mode of (Area- of Project Cost; Type Implementation; Implementing agency; Project Contractor/Developer; Expected Date of Completion, etc. based or Pan-City); learnings. (April 2019) Mysuru; Others based); Mode of Implementation Development); Segment (Smart smart energy, governance and communication, smart smart smart mobility, safety and security, etc.); Mode of water and waste management, affordable housing, implementation, Implementation (PPP and non-PPP); Status (Under contracts awarded, bidding/tendering, preliminary/planned/ of Completion proposed); State; City; Period and Equipment Investors; Technology Financiers/Long-Term Consultants; SurveyProviders; and Investigation Firms; Other stakeholders bilateral/multilateral borrowing, convergence with other government etc.) schemes, PPPs, under under Implementation; Projects Completed; Projects Planning/Announced Stages Greater Noida Limited; Others Township Investments to Innovate Integrate and Sustain], "Ease of Living" Investments to Innovate Integrate Index, etc.) - Greater Mumbai; Amravati; Delhi (Non-NDMC area); Cuttack; - Issues and Challenges - Forward The Way - Completed Overall No. of Projects - Analysis by: By Segment; City; Category versus Pan- (Area-based - Investments Mobilised in Completed Projects - Cities in terms Most Progressive of Completion Rates - Pipeline Overall Project - Pipeline Analysis: By Category Project (Area-based and Pan-City - Investment Cities 10-15 Key Top - 50 Upcoming Projects Top - Growth Drivers - Investment Projections - Market Opportunities: Developers; EPC Contractors; - (central and state governments, of Funding Sources Key - New and Innovative Financing Sources - Allocation and Disbursement (city-wise and round-wise) Fund - Government Recent Measures - Risks and Challenges - Planned Investment from PPPs - Thrust Key Areas - Experience So Far - (city-wise and segment-wise): Projects Update on PPP Projects - Issues and Challenges - and Outlook Potential Future - GIFT City; Lavasa; Dholera; Vikram Udyogpuri; Integrated Industrial - Scope and Features - Investment Requirements - Sources of Funding - and Likely Impact Announcements Key Union Budget 2019-20: - Overall Progress - International Collaborations - Initiatives under the Smart Other Key [Cities Cities Mission (CITIIS 8. EXPERIENCE WITH NON-MISSION CITIES ...... water and waste, Each case study provides information on key focus areas (mobility, buildings, communication, etc.); new inno- and security, governance, safety energy, vations and technologies; best practices; issues and challenges and key learnings. Each case study provides information on key focus areas (mobility, water and Each case study provides information on key focus areas (mobility, etc.); new buildings, communication, safety and security, governance, waste, energy, innovations and technologies; best practices; issues and challenges and key 2. ANALYSIS OF COMPLETED PROJECTS2. ANALYSIS ...... OF PROJECT PIPELINE3. ANALYSIS ...... AND MARKET OPPORTUNITIES (Till 2024-25)4. FUTURE OUTLOOK . . . . 5. FINANCING NEEDS AND CHALLENGES ...... 6. POTENTIAL INVESTMENTFOR PRIVATE ...... 7. EXPERIENCE WITH GREENFIELD SMART CITIES ...... EXECUTIVE SUMMARY ...... AND CHALLENGES SECTION I: PROGRESS, DEVELOPMENTS 1. OVERVIEW AND MISSION UPDATE ...... www.indiainfrastructure.com Smart 2019 Cities in India Opportunities Outlook and Market Future and Developments, Analysis, Trends Segment URBAN INFRASTRUCTURE Key Takeaways andTheRoad Ahead Municipal SolidWaste inIndia2017 42 | India Infrastructure Research |IndiaInfrastructure 42 Table ofContents RJCSADOPRUIIS. OPPORTUNITIES AND PROJECTS 5. KEYGOVERNMENTPROGRAMMES:PROGRESSSOFAR, UPCOMING . OPPORTUNITIES MARKET OUTLOOKAND SECTOR 4. of completion, detailed status and opportunities forstakeholders. of completion,detailedstatusandopportunities ty, implementationagency, developer/EPC contractor, fundingsources,expecteddate Each projectprofilewillprovideinformation onprojectscope,location,cost,capaci- . PROJECTS UPCOMING 50 TOP OF PROFILES 7. Surat,VaranasiPimpri-Chinchwad, Rajkot, andVadodara. Cuttack, Delhi,Gurugram,Hyderabad,Indore,Jaipur, Kolkata, Mumbai,Nagpur, Pune, 20 cities.TheseareAhmedabad,Bengaluru,Bhopal,Bhubaneshwar, Chennai, This chapterwillfeaturedetailedinformationandanalysisoftheMSWsectorin18- . PROJECTIONS COMPARISON: INTER-CITY INFRASTRUCTUREGROWTH,PLANSAND 6. and timelines,etc. financing sources,currentstatus,keycompletedprojects,upcomingtenders,targets For eachof the programmeswewillcoverprojectscope,investmentrequirements, . GROWTH AND SIZE 1. SECTION I:MARKETANALYSIS, OUTLOOK ANDOPPORTUNITIES .RCN EEOMNS(nteps 51 ots . months) 15-18 past the DEVELOPMENTS(in RECENT 2. .POETPPLN N NLSS. ANALYSIS AND PIPELINE PROJECT 3. - Namami Gange Programme; Swachh Bharat Mission; Smart Cities NamamiGangeProgramme; SwachhBharatMission;Smart - Projections forWaste Generation(2019-20to2023-24) - MarketOpportunities - InvestmentRequirements - Potential Challenges - Key GrowthDrivers - Top CitiestoInvestIn - ExpectedCapacityAddition - Recently Awarded; UnderBidding;Approved;Announced - MSWManagement AnalysisofMSWGeneration;Current - MSWGenerationandGrowthinthePast FiveYears; Institutional - Recent Policy Developments;Project Completions; andRegulatory - Project PipelineAnalysis - OverallProject Pipeline - Mission; AtalMissionforRejuvenation andUrbanTransformation Projects; CapacityAdditionPlans Practices andInitiatives;Key CompletedProjects; Key Ongoing Innovations andAdvancements;Recycle, Reduce andReuse (3R) the Past FiveYears; Treatment Current Technology Deployment; treatment);Growthin and (collection,transportation Infrastructure Projections (2019-20to2023-24) Initiatives;RisksandChallenges;FutureGovernment Outlookand Framework; Policy Framework; Key andRegulatory Trends; Developments Waste ManagementInitiatives;OtherKey City-level Smart Recent ContractAwards; Projects Approved/Launched/Proposed; z z z z z z z z z z z Consultants BinsManufacturers Smart Equipment andMaterialSuppliers Technology Providers Developers EPC Contractors By CompletionPeriod By Ownership(PPPorEPC) planned) By StageofDevelopment(ongoing,announced,approvedand By State By Region (August 2019) (Draft ToC) (Draft (August 2019) SECTION IV: DATABASE OF KEYPROJECTS . REQUIREMENTS EQUIPMENT EMERGING 16. O&MANDASSETMANAGEMENTTECHNOLOGIES 15. SECTION III:TECHNOLOGY ANDEQUIPMENT . (ISWM) MANAGEMENT INTEGRATEDWASTE SOLID 14. . WASTE-TO-ENERGY 13. . TREATMENTDISPOSAL AND 12. . TRANSPORATION AND COLLECTION 11. REQUIREMENTS CURRENT STATE, TECHNOLOGY DEPLOYMENT ANDFUTURE SECTION II:FOCUSONMSWMANAGEMENTINFRASTRUCTURE: . PRIVATE KEY PLAYERS 10...... 9. FOCUSONPPP:EXPERIENCEANDFUTUREOPPORTUNITIES . FINANCING AND REVENUES COSTS, 8. tus, expecteddateofcompletion,etc. funding sources,implementingagency, contractor(whereveravailable),currentsta- (ongoing andplanned)inthesectorwithdetailsonscope,location,cost,capacity, The databasewillbeacompilationofupcomingsolidwastemanagementprojects EquipmentMarketSizeandGrowth;Requirements - Technologies O&MPractices; Smart Current DeployedforAsset - SalientFeatures; Initiatives to TheExperienceSoFar; Government - ExistingCapacity;Relevant Treatment Technologies; Government - StatusofWaste Processing; Relevant Treatment Technologies; - Practices; Type Current Deployed Infrastructure ofTransportation - ContractingPractices andExperience; Key Structure; Industry - Streams; Formats andModels;TheExperienceSoFar; NewRevenue - Key FinancingSources;CapexandOpex Requirements; Revenue - Players; InnovationsandAdvancements;Future DemandProjections etc.);Major bins,sensor, e-rickshaws,carts, (smart trucks, Advancements; PlannedULBInitiatives;SegmentOutlook Practices; Role ofPrivate Players;Technology Trends and City-Level Sensors,etc.);Current RFID,GIS, Management (SCADA, Challenges; Future Prospects Promote ISWM;City-LevelInitiatives;Key Benefits;Issuesand ongoing); Future Potential; IssuesandChallenges Fuels (bio-CNG,bio-diesel,etc.);Key Projects (completedand MarketforGreen Initiatives; Revenue StreamandCostRecovery; (2019-20 to2023-24);IssuesandChallenges Level; NewTrends andAdvancements;InvestmentRequirements InitiativesattheCity Disposal Practices (landfilling,3R, etc.);Smart (2019-20 to2023-24);IssuesandConcerns New Trends andAdvancements;InvestmentRequirements InitiativesattheCityLevel; etc.);Smart trucks, (e-rickshaws, carts, Future Concerns; Plans Industry Projects, Key Key OngoingProjects; FinancialPerformance; Key Completed Players (indianandglobal);Project Portfolio: Potential andOutlook Key SuccessFactors PPP andLearnings; Projects; Ongoing Key CompletedProjects,PPP Project Key Portfolio: (till2023-24);BusinessRisks&Challenges Investment Requirements Sources; Project IRRs;MarketforResidues; Recent PEDeals; The report willbeavailableinaPDFformat. Price: Rs50,000(USD1,180) www.indiainfrastructure.com URBAN INFRASTRUCTURE Table of Contents Table Price: Rs 60,000 (USD 1,416) Price: Rs 60,000 India Infrastructure Research | 43 ) (Draft ToC) The report will be available in a PDF format. The report and Opex Requirements; Trends in Sewerage Tax and Surcharge; in Sewerage Tax Trends and Opex Requirements; by the Government; Reforms Proposed Return Analysis; Tariff etc); electricity, treated wastewater, Market for Byproducts (sludge, Issues and Concerns Portfolio: Project Players (indian and global); Completed Key Financial Performance; Projects; Ongoing Key Key Projects, Industry Plans Concerns; Future Advantages; Select Case Studies; Key Cost Requirements; Outlook Future Constraining Factors; Potential (completed and ongoing); Energy Generation; Future Consumers of Key Facilities; and Reuse Recycle Key Technologies; Potential Issues and Challenges; Future Wastewater; Recycled Ongoing and Upcoming Effluent Key Facilities; Existing Treatment Innovations and Practices; and Reuse Plants; Recycle Treatment Advancements; Segment Outlook treatment, quality of treated sewage, residue, etc.); Current Capacity and Advancements; Automation Trends Plants; Technology and Key and Instrumentation Initiatives (SCADA, GIS, Sensors, etc.); Segment Outlook v Major Players v Innovations and Advancements v Demand Projections Future v Capex Plants (WWTPs); Treatment Cost Economics of Wastewater v Industry Structure; Key and Experience; Practices Contracting v So far/Current The Experience Deployment; Capital Salient Features; v Projects Key Technologies; Existing Capacity and Plants; Relevant v Current Standards and Norms Relevant Practices; for Reuse; v Current Effluent Generation; Discharge Standards and Norms; v in Use (cost, footprint, level of Technologies of Key Salient Features v Equipment Market Size and Growth v (flow meters, pumps, pipes, valves, sen- Equipment Requirements sors, etc.) OF KEY PROJECTS DATABASE SECTION IV: The database will be a compilation of upcoming projects (ongoing and planned) in the sector including sewage treatment facilities (WWTPS), sewage pumping stations, sewage pipelines, recycle and reuse facilities, and effluent treatment plants with funding sources, implementing agency, details on scope, location, cost, capacity, contractor (wherever available), current status, expected date of completion, etc. 10. COST STRUCTURES, TARIFF TRENDS AND PROJECT RETURNS TRENDS AND TARIFF 10. COST STRUCTURES, . . . . (DOMESTIC 11. AND PLAYERS KEY FOREIGN)PRIVATE ...... SECTION II: NEW FOCUS AREAS 12. DECENTRALISED SEWERAGE SYSTEM ...... 13. FROM ENERGY SEWAGE ...... 14. RECYCLE AND REUSE PRACTICES ...... 15. FOCUS ON INDUSTRIAL MANAGEMENTEFFLUENT ...... AND EQUIPMENT SECTION III: TECHNOLOGY 16. AND TECHNOLOGIES ASSET TREATMENT MANAGEMENT ...... 17. EMERGING EQUIPMENT REQUIREMENTS ...... (August 2019 (August Risks Initiatives; rnment y Trends; Gove y Trends; Contract Awards; Projects Approved/Launched/Proposed; City-level Approved/Launched/Proposed; Projects Contract Awards; Developments ICT Initiatives; Other Key (PPP or (ongoing, announced, approved and planned), Ownership EPC), Completion Period Opportunities: Contractors, Developers, Technology EPC Providers, Equipment and Material Suppliers, Pipe Manufacturers, Consultants; (2019-20 to 2023-24) Outlook and Projections and Urban Transformation Mission; Atal Mission for Rejuvenation & Challenges; Future Outlook & Projections& Challenges; Future (2019-20 to 2023-24) Expected Impact; Government Investment Trends; New and Expected Impact; Government Investment Trends; Sources (municipal bonds, etc.); The PPP Innovative Funding and Models, The Experience So Formats Experience and Potential: Outlook and (completed and ongoing), Future Projects Key Far, Risks and Challenges; Investment Outlook (till 2023- Key Potential; Cities to Invest In 24); Top Risks and Challenges; Upcoming Opportunities Ongoing Projects; Key Growth in the Past Five Years; Sewage Treatment Technologies Technologies Sewage Treatment Five Years; Growth in the Past and Reuse Deployed; Innovations and Advancements; Recycle Ongoing Key Completed Projects; and Initiatives; Key Practices Capacity Addition Plans Projects; Treatment Capacity, Treatment-Generation Gap; Institutional Treatment-Generation Capacity, Treatment Framewo- rk; Standards and Norms; Ke v Regulatory Recent Completions; Recent Project Developments; v Pipeline Overall Project v State, Stage of Development Pipeline Analysis: By Region, Project v Expected Capacity Addition v Market Growth Drivers; Investment Requirements; Key v Swachh Bharat Mission; Smart Namami Gange Programme; Cities v Under Bidding; Announced; Approved Awarded; Recently v Sources; Union Budget 2019-20: Announcements and Funding Key v Completed projects; Key The Experience So Far; Salient Features; v Analysis of Sewage Generation; Current Sewerage Infrastructure; v years: Sewage Generation, five Current Size and Growth in the Past 3. PROJECT PIPELINE AND ANALYSIS ...... 4. FUTURE AND OUTLOOK MARKET OPPORTUNITIES ...... UPCOMING SO FAR, 5. KEY GOVERNMENT PROGRAMMES: PROGRESS PROJECTS AND OPPORTUNITIES ...... 2. RECENT DEVELOPMENTS (in the past 15-18 months) ...... 8. INVESTMENT TRENDS AND OUTLOOK ...... 9. THE EXPERIENCE AND OPPORTUNITIES UNDER THE HYBRID ANNUITY MODEL ...... Each project profile will provide information on project scope, location, cost, capaci- funding sources, expected date developer/EPC contractor, implementation agency, ty, of completion, detailed status and opportunities for stakeholders. 7. PROFILES OF TOP 50 UPCOMING PROJECTS ...... This chapter will feature detailed information and analysis of the sewerage sector in Chennai, 18-20 cities. These are Ahmedabad, Bengaluru, Bhopal, Bhubaneshwar, Pune, Mumbai, Nagpur, Kolkata, Cuttack, Delhi, Gurugram, Hyderabad, Indore, Jaipur, and Vadodara. Pimpri-Chinchwad, Rajkot, Surat, Varanasi 6. INTER-CITY COMPARISON: INFRASTRUCTURE GROWTH, PLANS AND 6. INTER-CITY COMPARISON: PROJECTIONS ...... For each of the programmes we will cover project scope, investment requirements, For upcoming tenders, targets financing sources, current status, key completed projects, and timelines, etc. 1. SIZE AND GROWTH ...... SECTION I: MARKET ANALYSIS, OUTLOOK AND OPPORTUNITIES OUTLOOK SECTION I: MARKET ANALYSIS, www.indiainfrastructure.com Sewage Treatment Market in India 2019 Market in Treatment Sewage and Upcoming Opportunities Government Technologies Initiatives, Emerging Trends, Key URBAN INFRASTRUCTURE Segment Analysis,OutlookandOpportunities EstateinIndia2017 Real 44 | India Infrastructure Research |IndiaInfrastructure 44 Table ofContents .IPC FGT. GST IMPACTOF 4. . 2017 BUDGET UNION 3. . REGULATORYAND FRAMEWORK POLICY 2. . OVERVIEW 1. SECTION I:MARKETOVERVIEWANDANALYSIS .RCN OENETIIITVS. . INITIATIVES GOVERNMENT RECENT 6. . DEMONETISATION IMPACTOF 5. .PIAEEUT IACN N RNATOS. TRANSACTIONS AND PRIVATEFINANCING 7. EQUITY .FCSO ET N NIS. INVITS AND REITS ON FOCUS 8. 0 AKTOPRUIISADOTOK. OUTLOOK AND OPPORTUNITIES MARKET 10. . TRENDS FINANCING OTHER 9. LikelyImpact(oncontractors,equipmentproviders,andmaterial - Progress SoFar - ScopeandTimelines - OverallImpactonSector - Tax Reliefs - AllocationtoVarious Schemes:Pradhan MantriAwas Yojana, - ImpactonSupply - StatusandImpact Infrastructure - FiscalIncentivesforBuyers - FiscalIncentivesforDevelopers - FDINorms - ShopsandEstablishmentsAct - BenamiTransactions (Prohibition) AmendmentAct,2016 - Real Estate(Regulation andDevelopment)Act,2016 - Key AgenciesandtheirRole - Future Outlook - IssuesandChallenges - ExpectedDemandandInvestments - Policy Support - Key GrowthDrivers - SupplybySegments - Supply Current - OnlineRegistration, OnlineRevenue System,Transparency - TheWay Forward - Impact:ImpactonReal EstatePrices, andShort-term Long-term - - Current Size,Recent Trends, Current Recent Transactions, Investment - - Key Elements, Structure andModels,ExperienceSoFar, Key Elements,Structure Regulatory - - Market Opportunities for: Contractors(Housing, Commercial,Retail for: MarketOpportunities - Projected Supply, NewAvenues - Recent MergersandAcquisitions - Trends inFDIInflowandECBs - Trends inDebtFinancing - suppliers) Housing Board Cities,LoanrefinancingthroughNational AMRUT andSmart Initiatives, Others projects,etc.) apartment investments inserviced andunits, Transactions (transitiontosmallerfloorplates Sales,ImpactontheType andSecondary Impact onPrimary of Experience (bytypeandassetclass),ExpectedRates ofReturn Trends, IssuesandChallenges Potential YieldCurve, SEZ), MaterialSuppliers(Housing,Commercial, Retail andSEZ) and SEZ),EquipmentProviders (Housing,Commercial,Retail and (May 2017) Each profilecoversthefollowinginformation: 5 RFLSO I IH IIS. CITIES EIGHT BIG OF PROFILES 15. SECTION III:BIGEIGHTCITIES . . ZONES ECONOMIC SPECIAL 14. . RETAILESTATE 13. REAL . ESTATE REAL COMMERCIAL 12. . ESTATE REAL HOUSING 11. SECTION II:SEGMENTANALYSIS ANDOUTLOOK - Future Outlook - InvestmentScenario LocationStrategy - - UpcomingSupply - Trends inMarketIndicators SupplyandAssetType- Current - Mumbai, Bengaluru, NationalCapitalRegion, Pune,Hyderabad, Mumbai,Bengaluru, - SegmentOutlook - Key UpcomingProjects - InvestmentProjections - Key Developers - NotableTrends - Key Drivers - Key MarketIndicators - Scenario Current - SegmentOutlook - Key UpcomingProjects - InvestmentProjections - Key Developers - NotableTrends - Key Drivers - Key MarketIndicators - Scenario Current - SegmentOutlook - Key UpcomingProjects - InvestmentProjections - Key Developers - NotableTrends - Key Drivers - Key MarketIndicators - Scenario Current - SegmentOutlook - Key UpcomingProjects - InvestmentProjections - Key Developers - NotableTrends - Key Drivers - Key MarketIndicators - Scenario Current - Chennai, Kolkata, Ahmedabad The report isavailableinaPDFformat. No. ofslides:318 Price: Rs60,000(USD1,416) www.indiainfrastructure.com TELECOM Table of Contents Table Price: Rs 60,000 (USD 1,416) Price: Rs 60,000 India Infrastructure Research | 45 The report will be available in a PDF format The report Towercos (Indus-Bharti Infratel, ATC India, TowerVision and GTL) (Indus-Bharti India, TowerVision Infratel, ATC Towercos Broadband, Tikona Infinet, D-Vois You Hathway, (TTSL,ISPs ACT, Oil & Gas, and Railways) Utilities (Power, Defence Bharti Sun Direct TV, Dish TV, Sky, (Tata Cable TV/ DTH Providers Fibre First Initiative National Digital Grid Operators (Bharat Airtel, Jio, BSNL Reliance Idea, Vodafone Wi-Fi/IBS Providers (FireFly Networks, Ubico Networks, Intech Wi-Fi/IBS Providers Online, QuadGen Wireless, Microsense Networks, IBus Networks, etc) Online, QuadGen Wireless, Microsense Networks, IBus Communications, Excitel Broadband, Alliance Broadband, Communications, Excitel Broadband, Alliance Broadband, Spectra, DEN, etc.) Digital, Ortel, Reliance etc.) Telemedia, and MTNL) z z z z z z z z z JVs, Neutral Host Model) players detailing their OFC network size, FTTH and related services, key contracts and collaborations, future plans and requirements) - Targets and Timelines - Targets Requirements - Implementation Status and - Impact on OFC Demand Status - Implementation Rules - RoW - State Policies - Issues and Challenges Recommendations - Key - Evolving Industry Structure Fibrecos, - Emerging Business Models (OFC Sharing, Independent . . (Each of the segments will cover profiles of key Player Profiles - Key - Policy Highlights and Provisions and Provisions Highlights - Policy - AFL - Aksh OptiFiber Limited - Birla Cable Limited - Corning - Finolex Cables Limited Communications Ltd. - Himachal Futuristic Communications Limited - Paramount & De-Massari AG) - R&M (Reichle Limited - Sterlite Technologies - UM Cables Limited - Uniflex Cables Limited - Vindhya Telelinks Coast Optilinks - West 12. KEY SUPPLIER PROFILES ...... 10. CHARGES AND IMPLEMENTATION STATE-WISE ROW REGULATIONS: STATUS ...... 11. INDUSTRY STRUCTURE AND PROFILESKEY OPERATOR ...... 9. LIKELY IMPACT OF IMPACT NDCP 20189...... LIKELY (Each player profile will give an overview of the company's operations, focus areas, manufacturing facilities, key projects and tenders, finan- current production capacity, cial performance, capex and expansion plans) (July 2019) (Draft ToC) 2019) (July Tower Fiberisation for 4G/5G Tower Small Cells Fiberisation FTTx Wi-Fi and IBS Annual Growth Trends Deployment Status Player-wise Key India Vs. Global z z z z z z z Macrobend Fibre, etc.) Maharashtra MahaNet, AP FibreNet and Telangana T-Fiber, etc.) T-Fiber, Maharashtra MahaNet, AP FibreNet and Telangana - Technology Landscape (Single/Multi-Mode, Plastic Optic Fibre, - Technology - Deployment and installation Practices Imports, Cost, etc.) (Availability, Material Trends - Raw - Duties and Taxes Outlook - Future - Growth in Production Capacity - Growth in Production - Emerging Solutions and Products on Make in India - Focus Challenges - Key Outlook - Future - BharatNet Phase II and III - GramNet - NagarNet - Smart Cities - Network for Spectrum - Building Bye Laws and Initiatives (This will cover projects such as - State-level Projects Across Demand Segments - Addressable Potential Demand under Government (2020-25) - Projected Programmes Player Segment (2020-25) Demand by The Key - Projected - Data Growth Trends and Projections - Data Growth Trends - Entry of New Players (Jio Fibre, Google Fibre, etc.) - Content Development - Last Mile Connectivity - Data Centres - Backhaul Upgrades for High-Bandwidth Services - Key Demand Drivers - Key and Regulatory Scenario - Emerging Policy Issues and Challenges - Key Outlook - Future - Size and Growth Trends 8. COST TRENDSAND TECHNOLOGY ...... 7. PRODUCTION TRENDS ...... CAPACITY AND OUTLOOK 6. DEMAND PROJECTIONS ...... 5. GOVERNMENT PROGRAMMES AND INITIATIVES ...... 4. MARKET DEMAND DRIVERS ...... 3. TECHNOLOGY-RELATED DEMAND DRIVERS ...... 3. TECHNOLOGY-RELATED 2. MARKET SIZE AND TRENDS...... 1. EXECUTIVE SUMMARY ...... www.indiainfrastructure.com Optic Fibre Cable Market in India 2019 in India Cable Market Optic Fibre Regulatory and Supply Outlook and Demand Landscape Market Trends, Infrastructure Projects in Pipeline 2017-22 No. of slides: 244 Price: Rs 75,000 (USD 1,770) (October 2017)

Table of Contents

1. EXECUTIVE SUMMARY ...... 10. URBAN RAIL ...... OTHERS - Sector Snapshot SECTION I: OVERVIEW, OPPORTUNITIES AND OUTLOOK - Projects Completed in 2016 and 2017 - Major Players 2. OVERVIEW ...... - Overall Project Pipeline by Stage - India’s Macroeconomic Scenario - Top Upcoming Projects in Terms of Investment - Current State of Infrastructure - Outlook and Projections (till 2026-27) - Key Sector Trends - Government Programmes/Initiatives Driving Demand 11. MINING ...... - Impact of GST - Sector Snapshot, Projects Completed in 2016 and 2017, Major - Challenges in Project Development and Implementation Players, Overall Project Pipeline by Stage, Top Upcoming Projects in - Outlook and Opportunities (till 2024-25) Terms of Investment, Outlook and Projections (till 2025-26)

3. OVERALL PROJECT PIPELINE ANALYSIS ...... 12. POWER ...... - Expected Capacity Addition (sector-wise) - Sector Snapshot - Analysis by Sector, Ownership, Promoter, Contractor, Region and - Projects Completed in 2016 and 2017 State, Investment - Major Players - Top Upcoming Projects in Terms of Investment - Overall Project Pipeline by Stage - Top Upcoming Projects in Terms of Investment 4. PROJECT PIPELINE ANALYSIS BY STAGE OF DEVELOPMENT ...... - Outlook and Projections (till 2024-25) - Under Implementation, Announced, Awarded, Under Planning, Projects Awaiting Clearances/Land Acquisition/Financial Closure, 13. RENEWABLE ENERGY ...... Under Bidding, Delayed/Stalled - Sector Snapshot - Projects Completed in 2016 and 2017 5. OUTLOOK AND MARKET OPPORTUNITIES ...... - Major Players - Growth Drivers - Overall Project Pipeline by Stage - Investment Requirements - Top Upcoming Projects in Terms of Investment - Expected Policy Changes and Impact - Outlook and Projections (till 2021-22) - Market Opportunities for project developers, EPC contractors, financiers, equipment providers, construction material suppliers and 14. OIL AND GAS ...... consultants - Sector Snapshot - Projects Completed in 2016 and 2017 SECTION II: PIPELINE ANALYSIS BY SECTOR - Major Players - Overall Project Pipeline by Stage 6. ROADS AND BRIDGES ...... - Top Upcoming Projects in Terms of Investment - Sector Snapshot - Outlook and Projections (till 2025-26) - Projects Completed in 2016 and 2017 - Major Players 15. WATER AND WASTE ...... - Overall Project Pipeline by Stage - Sector Snapshot, Projects Completed in 2016 and 2017, Major - Top Upcoming Projects in Terms of Investment Players, Overall Project Pipeline by Stage, Top Upcoming Projects in - Outlook and Projections (till 2021-22) Terms of Investment, Outlook and Projections (till 2025-26)

7. PORTS ...... 16. IRRIGATION ...... - Sector Snapshot - Sector Snapshot, Projects Completed in 2016 and 2017, Major - Projects Completed in 2016 and 2017 Players, Overall Project Pipeline by Stage, Top Upcoming Projects in - Major Players Terms of Investment, Outlook and Projections (till 2026-27) - Overall Project Pipeline by Stage - Top Upcoming Projects in Terms of Investment SECTION III: DATABASE OF KEY PROJECTS - Outlook and Projections (till 2024-25) A database of key projects across roads and bridges, ports, railways, air- 8. RAILWAYS ...... ports, urban rail, mining, power, renewable energy, oil and gas, water and - Sector Snapshot waste, and irrigation sectors. - Projects Completed in 2016 and 2017 - Major Players Each project provides information project scope, cost, capacity, location, implement- - Overall Project Pipeline by Stage ing agency, ownership, EPC contractor/developer, equipment provider (wherever - Top Upcoming Projects in Terms of Investment available), current status, date of commencement of construction/month of award - Outlook and Projections (till 2022-23) (wherever available), and expected date of completion (wherever available).

9. AIRPORTS ...... - Sector Snapshot, Projects Completed in 2016 and 2017, Major Players, Overall Project Pipeline by Stage, Top Upcoming Projects in The report is available in a PDF format. Terms of Investment, Outlook and Projections (till 2020-21)

46 | India Infrastructure Research www.indiainfrastructure.com MULTI-SECTOR Investment and Market Opportunities in African Infrastructure Price: Rs 100,000 (USD 2,360) (November 2018) Table of Contents

1. EXECUTIVE SUMMARY ...... 6. TOP 100 UPCOMING PROJECTS ...... - By Sector, Country, Type (Brownfield/Greenfield), Stage of SECTION I: AFRICAN MARKET OVERVIEW Implementation (Recently awarded/approved/announced)

2. SECTOR OVERVIEW ...... SECTION II: COUNTRY-WISE ANALYSIS - Macroeconomic Scenario Chapters 7 and 8 covers an analysis of key countries including Nigeria, - Infrastructure Growth in the Past Five Years Egypt, South Africa, Algeria, Morocco, Sudan, Angola, Kenya, Ethiopia, - Current Infrastructure Deficit Tanzania, Libya, Tunisia, Ghana, Congo DR, Côte d'Ivoire, Uganda, - Competitive Landscape Cameroon, Zambia, South Sudan, Mozambique, Botswana, Senegal, Mali, - Growth Drivers Gabon, Mauritius, Burkina Faso, Chad, Equatorial Guinea, Namibia, - Technology Trends Madagascar, Benin, Congo, Rwanda, Niger, Guinea, Mauritania, Malawi. - Key Issues and Challenges - Upcoming Opportunities 7. SNAPSHOT OF KEY AFRICAN COUNTRIES ...... - Future Outlook - Economic Scenario - Infrastructure Growth Indicators 3. FINANCING AND PPP EXPERIENCE ...... - Ease-of-Doing Business Indicators - Trends in Infrastructure Spending - Recent Policy Developments - Funding Sources - Key Commissioned Projects

z Government Funding

z Multilateral Funding 8. CAPACITY ADDITION PLANS AND PROJECTIONS ......

z Bilateral Funding - Budgetary Allocations and Outlays

z Bank Lending - Planned Capacity Additions

z Bond Financing - Proposed Investments

z Other Key Funding Sources - Sector-wise Capacity and Investment Targets - Private Sector Participation

z Experience So Far 9. TOP 10-15 INVESTMENT DESTINATIONS (Based on Upcoming

z Sector-wise Private Investments Opportunities)

z Equity Funding - Infrastructure Sector Overview

z PE Exits - Private Investment Mobilised

z Historical and Expected Returns - Project Pipeline - Emerging Sources of Finance - Upcoming Big-ticket Projects - Investment Requirement and Projections - Key Successes and Failures - Key Risks and Challenges - Challenges and Lessons Learnt - The Way Forward - Market Opportunities - Country Outlook 4. FOREIGN INVESTMENT TRENDS ...... - Size and Growth SECTION III: SECTOR-WISE ANALYSIS - FDI Analysis - Electricity

z By Source - Renewable Energy

z By Destination - Mining

z By Sector - Oil and Gas - Initiatives to Encourage Foreign Investment - Roads - Proposed Foreign Investments - Railways - Participation of Overseas Equipment Manufacturers and Service - Urban Transport Providers - Seaports - Airports 5. PROJECT PIPELINE AND MARKET OPPORTUNITIES ...... - ICT - Overall Project Pipeline - Water and Sanitation - Project Pipeline Analysis

z By Sector Each of the sectors covers:

z By Country - Size and Growth, Emerging Trends and Recent Developments,

z By Stage Proposed Investments, Upcoming Projects, Market Opportunities, - Market Opportunities Issues and Challenges, Future Outlook

z Developers

z Contractors

z Financiers/Long-term Investors

z Technology and Equipment Providers

z Material Suppliers

z Other Stakeholders The report is available in a PDF format. - Future Outlook

www.indiainfrastructure.com India Infrastructure Research | 47 Investment and Market Opportunities in Southeast Asian Infrastructure Price: Rs 110,000 (USD 2,596) (July 2019) (Draft ToC) Table of Contents

EXECUTIVE SUMMARY ...... 7. FOCUS ON REGIONAL INFRASTRUCTURE ...... - Cross-Border Investments SECTION I: OVERVIEW, RECENT TRENDS AND OUTLOOK - ASEAN Economic Community - Master Plan on ASEAN Connectivity 2025 1. INFRASTRUCTURE MARKET SNAPSHOT ...... - ASEAN Single Window - Current State of Infrastructure in the Region - ASEAN Highway Network - Infrastructure Deficit - ASEAN Smart Cities Network MULTI-SECTOR - Growth Drivers - ASEAN Single Aviation Market - Recent Trends and Developments - ASEAN Single Shipping Market - Recent Policies and Reforms - ASEAN Power Grid and Asian Super Grid - Issues and Challenges - ASEAN Broadband Corridor - Future Outlook and Projections - Key Upcoming Cross-border Projects - Upcoming Opportunities - Proposed Investments and Sources of Finance

2. PROJECT PIPELINE AND MARKET OPPORTUNITIES ...... SECTION II: SECTOR-WISE ANALYSIS - Overall Project Pipeline - Project Pipeline Analysis: By Sector; Country; Stage 8. ELECTRICITY GENERATION: CONVENTIONAL AND RENEWABLE . . . . . - Market Opportunities: Developers; EPC Contractors; 9. TRANSMISSION AND DISTRIBUTION INFRASTRUCTURE ...... Financiers/Long-term Investors; Technology and Equipment 10. OIL AND GAS: E&P, LNG AND PIPELINE INFRASTRUCTURE, Providers; Other Stakeholders REFINERY AND PETROCHEMICALS ...... - Future Outlook 11. ROADS ...... 12. RAILWAYS ...... 3. TOP 100 UPCOMING PROJECTS ...... 13. URBAN TRANSPORT ...... - By Sector 14. SEAPORTS ...... - By Country 15. AIRPORTS ...... - By Type (Brownfield/Greenfield) 16. ICT ...... - By Status (Recently Awarded/Under 17. WATER AND WASTE ...... Bidding, Approved, Announced) (Each chapter includes size and growth; smart grid and metering initiatives; 4. INVESTMENT AND FINANCING SCENARIO ...... emerging trends; recent developments; technology advancements; key com- - Trends in Infrastructure Spending pleted projects; top upcoming projects; proposed investments; capacity - Investment Laws and Promotion Agencies addition targets; market opportunities; issues and challenges; sector outlook - Key Investment Treaties and Agreements - Taxation Regime SECTION III: COUNTRY ANALYSIS - Funding Sources: Government Funding; Multilateral Funding; Bilateral Funding; Bank Lending; Bond Financing; Private Equity; 18. INTER-COUNTRY COMPARISON: INFRASTRUCTURE ...... Others Growth, Plans and Projections - FDI Trends - Economic Growth and Trade Scenario - Emerging Sources of Finance - Ease of Doing Business Indicators - Issues and Challenges - Current Infrastructure Size - Investment Outlook and Projections - Growth in the Past Five Years - Budgetary Allocations and Outlays 5. POTENTIAL FOR PRIVATE SECTOR PARTICIPATION ...... - Capacity Addition Plans and Targets - The Experience So Far - Investment Projections - Business Models/Formats - Country Outlook - Sector-wise Private Investments - Key Completed PPP Projects 19. COUNTRY PROFILES ...... - Key Upcoming PPP Projects - Brunei; Cambodia; Indonesia; Lao PDR; Malaysia; Myanmar; The - Risks and Challenges Philippines; Singapore; Thailand; Timor-Leste; Vietnam - Outlook and Opportunities Each country profile will cover the economic scenario, sector-wise global competi- tiveness rankings, current state of infrastructure, sector-wise size and growth, trends 6. THE EPC EXPERIENCE AND OUTLOOK ...... in budgetary allocations. - Current Scenario; Sector-wise Experience; Key Completed Projects; Key Upcoming Projects; Issues and Challenges; Outlook and The report will be available in a PDF format Opportunities

48 | India Infrastructure Research www.indiainfrastructure.com MULTI-SECTOR Table of Contents Table India Infrastructure Research | 49 No. of slides: 276 Price: Rs 75,000 (USD 1,770) 276 Price: Rs 75,000 No. of slides: The report is available in a PDF format. The report mHealth Digital Pharmaceuticals e-Hospital Project Health Apps Outlook Technology Penetration in Healthcare Ecosystem Penetration Technology and Inventory Management Systems IoT for Asset Tracking Healthcare Systems: Big Data, Cloud Computing, Patient-centric Artificial Surgeries Intelligence, Robotic Technology, Wearable in Healthcare Reporting: Health Records, Personal Technology Electronic Prescriptions Electronic Medical Records, Evolution of Health Insurance in Life, Industry-levelHealth Insurance Penetration: Analysis, Trends In Terms Trends, Health Insurance Premium Non-life and Industry, from Public, of Premium Covered, In Terms of Number of People and Standalone Non-life Insurers, State-wise Trends Private Written Gross Premium Incurred Claims Ratio and Standalone in Public, Private Market Composition – Trends Health Insurance Central-level Initiatives: Central Government Health Scheme, Bharat, Others Ayushman State-level Initiatives and Urban Market Deficiencies in Rural Telemedicine: Experience So Far, Case Studies, Upcoming Experience So Far, Telemedicine: Opportunities, Challenges Key Case Studies, Upcoming Medicities: Experience So Far, Opportunities, Challenges Key Case Studies, Experience So Far, Growth of Medical Tourism: Challenges Upcoming Initiatives, Key Air Dispensaries Growth in Private Spending: Overall Scenario, Trends in Out of Trends Spending: Overall Scenario, Growth in Private Expenditure Pocket Indian Diagnostic Industry: Industry Overview, Structure, Key Spending Growth in Private Players, Financings, Key Key Trends, and Urban Market Rural Trends Recent Institute, Fortis Players: Apollo Hospitals, Max Healthcare Key Global Enterprises Limited (HCG), Healthcare Limited, HealthCare Narayana Medical Centre and Hospital Limited (KMCH), Kovai Hrudayalaya Limited, Others Issues and Challenges Segment Outlook Recent Developments Recent Players Key Issues and Challenges Segment Outlook ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ 9. IN HEALTHCARETECHNOLOGY INFORMATION ...... 7. HEALTH INSURANCE7. HEALTH ...... SECTION III: EMERGING GROWTH AREAS AND ROLE OF TECHNOLOGY OF TECHNOLOGY SECTION III: EMERGING GROWTH AREAS AND ROLE 8. NEW AREAS - PROGRESS AND OPPORTUNITIES ...... (October 2018) Current Status of Healthcare Infrastructure, Demand-Supply Gap, in Expenditure, Industry Structure Sector, of Private Trends and Role and Developments, Investment Needs and Trends Recent Government's Issues and Requirements, Plans and Progress, Challenges, Segment Outlook Institutional Framework Framework Existing Policy GovernmentKey Programmes 2017:National Health Policy Areas and Priority Features, Policy Benefits Potential Initiatives Recent and Licences Permission Sector Incentives for Private Financing Trends Key in Government Funding Trends PPP Experience So Far Debt Financing in Healthcare Financial Performance Hospitals of Key Stock Market Performance Hospitals of Key IPOs Recent Modes Innovative Funding Emerging Business Models FDI in Hospitals and in FDI Inflow, FDI in Healthcare: Trends Contributors Diagnostics, Key Scenario in the Last Few Equity Inflow: Historic Trends, Private Diagnostics, in Hospitals and PE Deals, Trends Recent Years, of Returns in PE Exits, Historical and Expected Rates Trends Capital Investment Venture in Foreign Trends Mergers and Acquisitions Key Investment Outlook Future Growth Drivers, Healthcare Market Size Projections, Pipeline, for Hospital Beds, Project Requirement Opportunities for Stakeholders Key Global Scenario in Public Healthcare Spending, Government Spending in Healthcare State-wise, Actual Spending in Healthcare, Current Infrastructure, Hospitals, Clinics Hospital Beds, Workforce, Centres, and Blood Banks, Pharmacies, Diagnostics/Pathology Infrastructure,Rural Infrastructure, Urban Developments Recent Players, Issues and Plans, IT initiatives, State-Level Initiatives, Key and Challenges, Segment Outlook Current Infrastructure: Hospitals and Hospital Beds, Workforce, Inpatients and Outpatients, Blood Banks ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ 5. PUBLIC HEALTHCARE ...... 2. POLICY FRAMEWORK AND GOVERNMENT INITIATIVES...... 3. INVESTMENT EXPERIENCE AND FINANCING TRENDS ...... 4. OPPORTUNITIES OUTLOOK, AND PROJECTIONS ...... AND OUTLOOK SECTION II: SEGMENT ANALYSIS HEALTHCARE6. PRIVATE ...... 1. MARKET OVERVIEW ...... SECTION I: TRENDS, ANALYSIS AND OPPORTUNITIES SECTION I: TRENDS, ANALYSIS EXECUTIVE SUMMARY ...... www.indiainfrastructure.com Healthcare Market in India Market Healthcare New Opportunities and of Technology Role Trends, Emerging MULTI-SECTOR Segment Analysis,OutlookandProjections inInfrastructure Investment ExperienceandOpportunities 50 | India Infrastructure Research |IndiaInfrastructure 50 Table ofContents .IVSMN XEINE. . EXPERIENCE INVESTMENT 1. EXECUTIVE SUMMARY SECTION I:INVESTMENTOVERVIEWANDOUTLOOK .IVSMN POTNTE . OPPORTUNITIES INVESTMENT 2. .NWSUCSO NETET. INVESTMENT OF SOURCES NEW 3. .EEGN IACN NTUET . INSTRUMENTS FINANCING EMERGING 4. .POETEUT . EQUITY PROJECT 5. SECTION II:ANALYSIS BY SOURCE/TYPE .PIAEEUT NULSE IM . FIRMS UNLISTED PRIVATEIN 6. EQUITY .PIAEIVSMN NPBI QIY(IE . . (PIPE) EQUITY PUBLIC PRIVATEIN 7. INVESTMENT .IIILPBI FEIG . . OFFERINGS PUBLIC INITIAL 8. .QAIIDISIUINLPAEET . PLACEMENTS INSTITUTIONAL QUALIFIED 9. 0 OVNINLPWR. POWER CONVENTIONAL 10. SECTION III:ANALYSIS BY SECTOR 1 EEALS. RENEWABLES 11. BySector-EquityFinancing,Source - GrowthDrivers;InvestmentRequirements andProjections; - - Current Scenario,InsuranceFunds, Current Pension Funds, Sovereign - - Infrastructure Debt Funds, Infrastructure InvestmentTrusts DebtFunds, (InvITs), Infrastructure Infrastructure - SizeandGrowth,Key Factors ImpactingInvestmentActivity, - - Size and Growth, Investment Experience, Returns fromPast SizeandGrowth,InvestmentExperience,Returns PEUC - - Size and Growth, Investment Experience, Historical Returns, SizeandGrowth,InvestmentExperience,HistoricalReturns, - - Size and Growth, Investment Landscape, Historical Returns, SizeandGrowth,InvestmentLandscape,HistoricalReturns, - - Size and Growth, Current Environment,ExperiencefromPast SizeandGrowth,Current QIPs, - SizeandGrowth;Recent Trends; InvestmentExperience;Historical - SizeandGrowth, Recent Trends, Recent Policy Announcements, - Debt Financing,Key RisksinEquityInvestments Investment Trends, HistoricalRates Key ofReturn, SuccessfulExits, Investment Outlook; Investment Opportunities -bySector,Investment Outlook;Opportunities Source elhFns ainlIvsmn n nrsrcueFund, Outlook Wealth Funds, NationalInvestmentandInfrastructure Bond Financing,Outlook Key InvestmentAreas,Outlook,ExpectedRates ofReturns Analysis, Key Players,Key DealsandTransactions since2015-16, inStrategy,Investment Experience:Shift Key Exits,Sector-wise and Expected Returns and ExpectedReturns wise Analysis,Key Players,Recent DealsandTransactions, Outlook Investments, SuccessfulDisappointingExits,Sector- Deals andTransactions, OutlookandExpectedReturns Successes andFailures, Sector-wise Analysis,Key Players,Recent Follow-on PublicOffers,OutlookandExpectedReturns Successes andFailures, Sector-wise Analysis,Recent Issuances, Sector-wise Analysis, Recent Issuances,Outlook Expected Returns Generation, Transmission, Distribution;TheWay and Forward Outlook: Requirement; Project Pipeline;InvestmentOpportunities; Rates SuccessesandFailures; ofReturn; Recent Deals;Investment Expected Returns SectorOutlook, investment requirement),InvestmentOpportunities, Deals, Project Pipeline(bycapacity addition),Project Pipeline(by Investment Experience,Key Exits andPast Key Returns, Recent (February 2017) (February 0 NIERN,POUEETADCNTUTO . CONSTRUCTION AND PROCUREMENT ENGINEERING, 20. . LOGISTICS 19. . . TELECOM 18. RAILWAYS . 17. . TRANSPORT URBAN 16. . . WATER15. SUPPLY SANITATION AND . AIRPORTS 14. . PORTS 13. . ROADS 12. SizeandGrowth,Recent Developments,InvestmentExperience, - SizeandGrowth,Recent Trends, GST-AGameChanger, - Subscriptions; SizeandGrowth-SubscriberBase,Towers, Mobile - SizeandGrowth,Key Trends, InvestmentExperience,Historical - SizeandGrowth,Recent Trends, InvestmentExperience,Historical - SizeandGrowth,Recent Trends, InvestmentExperienceand - MarketSize,GrowthinRecent Years, Current Key Trends, - SizeandGrowth-Traffic, Capacity;Recent Trends; Investment - SizeandGrowth,Recent Trends, InvestmentExperience,Historical - Sector Outlook PE Deals,InvestmentRequirement, InvestmentOpportunities, Historical Rates SuccessesandFailures, ofReturns, Past Exits,Key Summary Forward, andTheWay Sub-segments,ExpectedReturns Outlook -Emerging Segment,Sector Segment, SectorOutlook-Storage/Warehousing AreasforPEInvestors,SectorOutlook-Transport Opportunities Exits, Key Recent DealsandTransactions, InvestmentRequirement, Investment Experience,HistoricalRates Key ofReturns, Successful SectorOutlook Requirement; InvestmentOpportunities; KeyReturns; SuccessesandFailures; Recent Deals;Investment Recent Developments;InvestmentExperience;Key ExitsandPast Recently ApprovedProjects, SectorOutlook Project Pipeline,UpdateonDFC,UpcomingProjects, Opportunities, Deals/Transactions, InvestmentRequirement, Investment Rates SuccessesandFailures, ofReturns, Key Recent Expected Rates SectorOutlook ofReturns, requirement),InvestmentOpportunities, addition, investment Rates Recent ofReturns, Financings,Project Pipeline(bycapacity Sector OutlookandExpectedReturns Trend inDealActivity,requirement), InvestmentOpportunities, ProjectHistorical Returns, Pipeline(bycapacityaddition,investment Sector Outlook,TheWay andExpectedReturns Forward requirement),InvestmentOpportunities, Requirement (byinvestment Transactions, Project Pipeline(bycapacityaddition),Investment Investment Experience,SuccessesandFailures, Key Dealsand SectorOutlook requirement); InvestmentOpportunities; Programme; Project Pipeline(bycapacityaddition,investment Experience; Key ExitsandPast Past Returns; Deals;Sagarmala Outlook ExpectedRates Sector ofReturns, 21), InvestmentOpportunities, Transactions, Project Pipeline,InvestmentRequirement (till2020- Rates SuccessesandFailures, ofReturns, Key Recent Dealsand The report isavailableinaPDFformat. Price: Rs75,000(USD1,770) www.indiainfrastructure.com No. ofslides:322 MULTI-SECTOR Table of Contents Table Price: Rs 110,000 (USD 2,596) Price: Rs 110,000 India Infrastructure Research | 51 The report will be available in a PDF format. The report Developer/PC Contractor, Sources of Water Supply, Key Funding Funding Key Supply, Sources of Water Developer/PC Contractor, Expected Date of Irrigation Systems, Date of Award, Sources, Types of Completion, Opportunities for Stakeholders (wherever appropriate) Pipe Company Limited, Jain Irrigation Systems, KEC International Limited, IL&FS Engineering and Limited, Larsen & Toubro Construction Company Limited, Amrutha Constructions Private Limited, GVPR Engineers Limited, etc. Innovations and Advancements, Major Players, Upcoming Projects Major Players, Upcoming Projects Innovations and Advancements, Outlook and Challenges, Future Issues and Tenders, etc.), Cost Analysis, Innovations and Iron, Polyethylene, and Manufacturers, Upcoming Projects Advancements, Major Pipe Challenges Issues and Projections, Market Tenders, center pivot,surface, sprinkler, localised, etc.), Notable Innovations Use Efficiency, and Advancements, Initiatives for Improving Water Outlook Future Best Practices, and Government Initiatives, New Trends for PPP, Irrigation, Potential Outlook Advancements, Future Developments; Innovations Manufacturers; Recent Systems; Key Issues and Concernsand Advancements; Market Projections; ultrasonic bulk flow(manual, AMR, meters, etc.), Other Ancillary Major Players, Sourcing Options, Equipment Requirements, Demand Projections Innovations and Advancements, Future - Project Scope, Location, Cost, Capacity, Implementing Agency, Implementing Agency, Scope, Location, Cost, Capacity, - Project Limited, The Indian Hume - Gammon India Limited, Gayatri Projects - Types of Irrigation Systems, Current Storage Storage Practices, - Types of Pipes (PVC, HDPE, Galvanised Types - Market Size and Growth, (drip, Irrigation Deployment, Key Techniques - Current Technology on Integrated Micro- Focus so far, The Experience - Salient Features, Electric, Solar; of Pumps: Other Pumping - Pumps Market Size; Types of Meters Installed - Equipment Market Size and Growth, Types Each of the following chapters (16 & 17) will cover profiles of 15-20 key projects. Each of the following chapters (16 & 17) will cover profiles project portfolioEach player profile will give information on the company overview, (completed and ongoing projects), financial performance, future plans, etc. OF KEY PROJECTS DATABASE The database will be a compilation of upcoming projects (ongoing and fund- planned) in the sector with details on scope, location, cost, capacity, current contractor (wherever available), ing sources, implementing agency, status, expected date of completion, etc. UPDATES QUARTERLY The three quarterly Developments, Recent updates will cover: Policy Key Government Project Announcements, Update on Key Programmes, Etc. Tenders, New Completion/Awards, 16. KEY COMPLETED PROJECTS...... 17. KEY ONGOING PROJECTS ...... 18. KEY PLAYERS/CONTRACTORS ...... SECTION III: STORAGE AND PIPELINE INFRASTRUCTURE SECTION III: STORAGE AND 10. STORAGE SYSTEMS IRRIGATION ...... 11. PIPES AND PIPING SYSTEMS ...... AND EQUIPMENT MARKET TECHNOLOGY SECTION IV: 12. TECHNIQUES AND TECHNOLOGY IRRIGATION 13. FOCUS ON MICRO ...... IRRIGRATION 14. PUMPS AND PUMPING SYSTEMS ...... 15. METERS AND OTHER EQUIPMENT REQUIREMENTS ...... PROFILES OF KEY PROJECTS AND MARKET PLAYERS SECTION V: (August 2019) (Draft ToC) ToC) (Draft (August 2019) Revisions, Key Cost Components of Irrigation Systems, Type-wise Cost Components of Irrigation Key Type-wise Systems, Revisions, Costs (micro versus drip irrigation), Subsidy Components, Issues and Challenges The PPP Experience and Expected Impact, Expenditure Trends, Outlook Issues and Challenges, Future Potential, Import Framework, Institutional and Policy of Agricultural Products, to 2023-24), (2019-20 Projections Growth Drivers, Investment Sector Outlook Regulations Policies, Recent medium and minor), (major, Projects and Achievements, Issues and Targets and Programmes, Opportunities Upcoming Projections, Outlook and Challenges, Future Groundwater; Alternative (recycle and reuse, etc.); Sources Water, Current Supply-Demand Gap; Demand Outlook Stage of Development (ongoing, announced, approved and Completion medium and minor), (major, of Project planned), Type 50 Upcoming Projects Expected Capacity Addition; Top Period; Opportunities: Contractors, Pumps manufactures, Pipe EPC providers, manufacturers, Meter manufacturers, Storage system Outlook and Projections providers, Other Stakeholders; Technology (2019-20 to 2023-24) Accelerated Irrigation Command Programme, Benefits Programme, Management, ParticipatoryArea Development and Water Irrigation Management, National Groundwater Management Improvement Bharat Nirman Other Schemes/Programme Programme, Programme, Area: By Source, Crops; Trends in Gross Irrigated Area: By Source, Area: By Source, Crops; Trends Sources for Irrigation; Irrigation Water Systems and Crops; Key Policy Recent Trends; Cost Structure and Tariff Techniques; and Schemes; Key Developments; State-level Programmes Major Upcoming Projects; Key Completed and Ongoing Projects; Stage; Issues and Challenges; Investment at the Tendering Projects Requirements - Existing Tariff Structure, Water Charges across States, Recent Tariff Tariff Structure, Charges across States, Recent Water - Existing Tariff Sources, Union Budget 2019-20: Announcements and Funding - Key - Size and Growth, Key Trends, Government Initiatives, Export Trends, - Size and Growth, Key and of Type Notable Trends, - Size and Growth, Irrigation Potential, Sources: Freshwater Availability; - State-wise Demand; Water Surface State, Pipeline Analysis: By Region, Pipeline; Project - Overall Project Market Growth Drivers; Investment Requirements; - Key Interlinking of Rivers (ILR) Mantri Krishi Sinchayee Yojana, - Pradhan - Key Features of the State Agriculture Sector; Trends in Net Irrigated of the State Agriculture Sector; Trends Features - Key This chapter will feature detailed information and analysis of the agriculture sector in Chhattisgarh, Gujarat, Haryana, Jammu 18 states. These are Andhra Pradesh, Bihar, Rajasthan, Sikkim, Maharashtra, Odisha, Punjab, Jharkhand, Karnataka, & Kashmir, Uttar Pradesh, Uttarakhand and West Bengal. Telangana, Nadu, Tamil 8. FINANCING SCENARIO AND OUTLOOK ...... FOCUS SECTION II: STATE PROFILES AGRICULTURE 9...... STATE 7. COST STRUCTURES TARIFFS AND WATER ...... For each of the programmes we will cover project scope, investment For requirements, financing sources, current status, key completed projects, upcoming tenders, targets and timelines, etc. EXECUTIVE SUMMARY ...... AND OUTLOOK INITIATIVES, GOVERNMENT SECTION I: OVERVIEW, OPPORTUNITIES SECTOR OVERVIEW1...... AGRICULTURE ...... OVERVIEW 2. IRRIGATION SOURCES DEMAND 3. AND WATER SUPPLY ...... 4. PROJECT PIPELINE AND ANALYSIS ...... 5. SECTOR AND OUTLOOK MARKET OPPORTUNITIES ...... 6. KEY GOVERNMENT PROGRAMMES ...... www.indiainfrastructure.com Irrigation Market in India Market in Irrigation and Opportunities Upcoming Projects New Techniques, Trends, Emerging Banking Technology in India (September 2018) No. of slides: 177 Price: Rs 80,000 (USD 1,888) Current Status and Emerging Trends Table of Contents

1. EXECUTIVE SUMMARY ...... z Payments

z Identity, KYC and Anti-money laundering SECTION I: MARKET OVERVIEW AND TRENDS - Global Developments - Blockchain Developments in Indian Banking and Finance 2. BANKING TECHNOLOGY OVERVIEW ...... - Case Studies and Blockchain Projects

- Technology in Banking - Fintech versus Techfin z International Payments

- IT Spending in India z Domestic Payments and Settlements System

MULTI-SECTOR - Global versus Indian Fintech Market z Trade Finance - Segments and Major Players in the Fintech Market - Blockchain Initiatives by Major Indian Banks - Major Fintech Deals and Investments in India - Key Blockchain Players in India - Current Tech Infrastructure of Banks - Key Issues and Challenges

z ATMs and PoS Terminals - Outlook and Prospects

z Mobile and Internet Banking

z Payments and Clearing Systems 6. ARTIFICIAL INTELLIGENCE, DATA ANALYTICS AND ROBOTICS ...... - Growth of Fintech Market and Key Developments - Technology Overview and Concepts-AI, Data Analytics and Robotics

z Payments and Wallets - The Categories under AI

z Alternate Lending z Business segments: Analytics, NLP, Computer Vision, RPA and - Key Issues and Challenges Speech Recognition

z Learning Methods: Machine Learning, Deep Learning 3. APPLICATION AREAS IN FOCUS ...... - Investment Trends in AI - Global and in India - Core Banking - Key Use Cases of AI, Data Analytics and Robotics in Banking

z Areas and Applications z Investment- Robo Advisory and Algorithmic Trading

z Key Players and Products z Lending and Credit Analysis

z Initiatives by Major Banks z Fraud Detection and Risk Management

z Issues, Outlook and Prospects z Customer Support and CRM

- Risk, Identity and Security z Regulatory and Compliance

z Areas and Applications: Cybercrime and Fraud, Anti-money - Robotics in Banking and Finance Laundering, Identity and Authentication - Case Studies

z Key Players and Products z AI- Fraud Detection

z Initiatives by Major Banks z AI- Data Analytics

z Issues, Outlook and Prospects z AI- Investment & Trading - Cloud Computing - Key Global and Indian Players and Products

z Key Models: Private, Public and Hybrid, IaaS, SaaS, PaaS - Initiatives by Leading Indian Banks

z Areas and Applications: Data Analytics, Mobility Applications - Key Issues and Challenges

z Key Players - Outlook and Prospects -Global and Indian Market

z Initiatives by Major Banks

z Issues, Outlook and Prospects 7. APIS AND OPEN BANKING SYSTEMS ...... - Enterprise Applications - APIs- Technical Overview and Evolution

z Evolution and Trends - Applications and Uses

z Major Application Areas: Data Management, Business Intelligence, - Open Banking - The Origins and Developments ERP - The Different Models of API Banking

l Key Players and Products z Bank Channel

l Outlook and Prospects z App Market

z Distributor

4. ISSUES, OUTLOOK AND PROSPECTS ...... z Aggregator

- Growth Drivers for Fintech Adoption z Banking as a Platform - Policy Developments Impacting Fintech - Case Studies in Open Banking

- Outlook for Fintech Infrastructure (ATMs, PoS, Mobile and Internet z CBW-Leveraging APIs

Banking, Payments) z Fidor Bank- The Bank as a Platform

- Future Prospects and Outlook for: z The Monetary Authority of Singapore(MAS) Initiative

z Blockchain z Other Cases in Open Banking

z AI and Data Analytics - Current Initiatives by Banks and Fintech Players in India - Key Issues and Challenges for Fintech - Key Issues and Challenges - Opportunities and Prospects for Opening Banking in India SECTION II: TOP TECHNOLOGY TRENDS FOR THE FUTURE

5. BLOCKCHAIN ...... - Technology Overview and Evolution - Major Use Cases in Banking

z Trade Finance The report is available in a PDF format.

52 | India Infrastructure Research www.indiainfrastructure.com MULTI-SECTOR Table of Contents Table Price: Rs 100,000 (USD 2,360) Price: Rs 100,000 India Infrastructure Research | 53 The report is available in a PDF format. The report Analysis of Deals, Outlook and OpportunitiesAnalysis of Deals, Outlook and OpportunitiesAnalysis of Deals, Outlook Analysis of Deals, Outlook and Opportunities Analysis of Deals, Outlook and Opportunities Analysis of Deals, Outlook and Opportunities Changes, M&A Policy HPHT and Deepwater Fields, Other Key Analysis of Deals, Outlook and OpportunitiesLandscape & Activity, Analysis of Deals, Outlook and Opportunities Analysis of Deals, Outlook and OpportunitiesLandscape & Activity, Analysis of Deals, Outlook and Opportunities Analysis of Deals, Outlook and Opportunities - M&A Landscape and Activity, Changes, Policy Key Size and Growth, - M&A Landscape and Activity, Changes, Policy Key Size and Growth, - and Activity, Changes, M&A Landscape Policy Size and Growth, Key - and Activity, Changes, M&A Landscape Policy Size and Growth, Key - and Activity, Changes, M&A Landscape Policy Size and Growth, Key - for Policy New Gas Pricing Size and Growth, New HELP Regime, - and Activity, Changes, M&A Landscape Policy Size and Growth, Key - Growth Drivers, M&A Key Size and Growth, Game Changer - GST, - Changes, M&A Landscape and Activity, Policy Size and Growth, Key - Changes, M&A Landscape and Activity, Policy Size and Growth, Key The data set includes a complete list of M&A deals in the infrastructure and real estate space for the Indian market for the period 2014 to 2017. The parameters cov- investor/buyer groups, target company, ered include: deal value, type of deal, sector, date of investment, exit details (wherever applicable), etc. SECTION III: SECTORAL ANALYSIS SECTION III: SECTORAL 11. ROADS ...... 12. PORTS...... 13. CONVENTIONAL POWER...... 14. RENEWABLES ...... 15. TELECOMMUNICATIONS ...... 16. OIL AND GAS...... 17. URBAN INFRASTRUCTURE ...... 18...... LOGISTICS 19. CEMENT AND STEEL ...... 20. REAL ESTATE ...... LIST OF M&A DEALS SECTION IV: SET23. DATA ...... No. of slides: 281 No. of slides: Valuations Scenario, Historical Returns, Key Recent Deals, Key Deals, Key Recent Returns, Scenario, Historical Key Valuations Outlook and OpportunitiesDeals by ARCs, Scenario, Deals, Analysis by Buyers, Valuation Recent Key Trends, Returns, Opportunities Outlook and Past Trends, Focus on Joint Ventures, Valuations Scenario, Key Recent Recent Scenario, Key Valuations on Joint Ventures, Focus Trends, Deals, Outlook and Opportunities Trends, Big Ticket Deals, Sector-wise Analysis, Recent Policy and Policy Analysis, Recent Big Ticket Deals, Sector-wise Trends, and Returns, Issues and Concerns, Regulatory Reforms, Valuations Outlook 2014 Companies invoking SDR/S4A, and S4A Schemes, Recent Key at Risk of Buyers Groups, Issues and Challenges, Projects/Sectors Slipping into Stressed Territory Issues and Challenges, Historical Returns, Expected Valuations, Forward Returns, The Way Launched since 2016 Strategies, Exit Strategies, New Funds (Infrastructure Estate and Real Focused) General Anti Debt Restructuring Schemes; Impact of REITs/InvITs; Changes; Other Policy (GAAR); Sector-specific Rules Avoidance RegulatoryRecent Changes that could Split of Buyer Groups, Factors Expected on Valuations, inhibit M&As - Size and Growth, Investment Experience, Sectoral Trends, - Current Scenario, Size and Growth, Investment Experience, Sectoral - M&A Concept, Size and Growth, Investment Experience, Sectoral - Overall M&A in M&A Activity, Growth Trends, Macroeconomic - Deals since Top Sectoral Analysis, Current Size, Growth Trends, - Break-up of Stressed Assets, SDR Current Scenario, Sector-wise - Impacting Factors Trends, Valuation Key Scenario, Current Valuation - Investors, Investment Deal Analysis by Buyer Groups, Most Active - FDI Norms; Insolvency and BankruptcyIssues with Code, 2016; - Growth Drivers, Outlook for M&A Activity across Sectors, Outlook 10. ASSET SALES...... 9. ACQUISITION BY FINANCIAL INVESTORS ...... 8. MERGERS AND ACQUISITIONS ...... 2. DEAL ANALYSIS AND TRENDS2. DEAL ANALYSIS ...... 3. STRESSED ASSETS ...... TRENDS AND 4. RETURNSVALUATIONS ...... 5. FOCUS ON BUYER/INVESTOR GROUPS ...... 6. OF IMPACT KEY POLICY CHANGESAND REGULATORY ...... 7. FUTURE OUTLOOK ...... SECTION II: DEAL TYPE ANALYSIS 1. OVERVIEW ...... SECTION I: MARKET ANALYSIS AND OUTLOOK SECTION I: MARKET ANALYSIS www.indiainfrastructure.com (September 2017) (September Mergers and Acquisitions in Infrastructure and Real in Infrastructure and Acquisitions Mergers 2017 Estate Opportunities in Indian Defence Market 2019 (January 2019) Price: Rs 75,000 (USD 1,770) Market Analysis, Potential for Offsets and Future Outlook Table of Contents

EXECUTIVE SUMMARY ...... SECTION III: SEGMENT ANALYSIS AND OUTLOOK

SECTION I: RECENT TRENDS, DEVELOPMENTS AND OUTLOOK 8. KEY SEGMENTS ...... - Aerospace: Overview; Global Aerospace Industry; Fleet Size; IAF 1. SECTOR OVERVIEW ...... Aircraft; Industry Structure; Key Domestic Players; Key International - Existing Infrastructure Gaps Players; Other Key Vendors; Trends in Aerospace Expenditure; - Industry Structure and Key Agencies Export and Imports; Role of DRDO and OFB; Key Contracts - Growth Drivers Awarded; Collaborations and Tie-ups; Upcoming Contracts and MULTI-SECTOR - R&D Landscape Orders; Make in India Initiative; Products under Make in India; - Trends in FDI Impact of Make in India on Indeginisation; Focus on Indigenisation; - Trends in Exports and Imports Focus on Indigenisation - Requirements of IAF; Modernisation Plans - Trends in Budgetary Allocations – Ongoing and Completed; New Launches; Big-ticket Projects; RFIs - Key Developments and RfPs; Market Opportunities; Segment Outlook - Issues and Challenges - Armoured and Defence Logistics Vehicles: Introduction; Trends in - Sector Outlook Expenditure; Market Size of Armoured and Defence Vehicles; Industry Structure; Key Public and Private Players - Armoured and 2. DPP 2016 AND STRATEGIC PARTNERSHIP MODEL ...... Defence Vehicles; Key Public and Private Players- Heavy/ - An Introduction to DPP Construction Vehicle; Providers; Key Developments; Key - DPP 2016 Contracts Awarded; Key Collaborations and Tie-ups; Make in India - De-coding Acquisition Categories and Focus on indeginisation; Impact of Make in India; R&D - Buy (Indian - IDDM) initiatives; Modernisation Plans- Armoured Vehicles; New - 'Make' Category- Features Launches/Inductions/Upgrade; Upcoming Contracts; Market - Impact on Capital Procurement under the Buy Indian (IDDM) and Opportunity; Segment Outlook Make Indian Categories - Arms and Ammunition: Market Size and Growth; Trends in - Amendments to DPP 2016 Expenditure; Key Contracts Awarded; Industry Structure and Key - Impact of Amendments Players; Role of DRDO; Role of OFB; Collaborations and Tie-ups; - Strategic Partnership Model Impact of Make in India on Indigenisation; Modernisation Plans and - Next Steps Towards New DPP - Draft DPP-2018 New Product Launches; Upcoming Contracts; Segment Outlook - State-Level Defence Manufacturing Policies - Electronics and Communication Systems: Market Size and Growth; - Unresolved Issues and Concerns Key Contracts Awarded; Industry Structure and Players; Role of DRDO; Collaborations and Tie-ups; Impact of Make in India on 3. DEFENCE MANUFACTURING LANDSCAPE ...... indigenisation; TPCR 2018; R&D Initiatives; Modernisation Plans - Current Scenario; Defence Production by DPSUs/OFB; Capital and New Product Launches; Upcoming Contracts and Orders; Expenditure; Growth Drivers; Key Developments; Industrial Segment Outlook Licensing; FDI; Defence Electronic Manufacturing; Focus on - Shipbuilding: Existing Fleet Size; Trends in Expenditure; Key Modernisation; Acquisition under Make in India; Current Role of Contracts Awarded; Industry Structure and Key Players; Role of MSMEs; Measures to Improve MSMEs Potential; Potential Role of DRDO; Collaborations and Tie-Ups; Impact of Make in India on MSMEs; Upcoming Contracts; Market Opportunity; Future Outlook Indigenisation; Modernisation Overview and Plans; Upcoming Contracts; Segment Outlook 4. POTENTIAL FOR PRIVATE SECTOR PARTICIPATION ...... - Experience So Far; Major Developments; Key Players; SP Policy; SECTION IV: KEY PLAYERS Impact of the Strategic Partnership Policy; Key Completed/In Process of Delivery Projects; Focus on JVs and Collaborations; Tax 9. PROFILES OF DEFENCE PUBLIC SECTOR UNDERTAKINGS (DPSUS) . . Environment; State-level Incentives; Recently Awarded Contracts; - Bharat Dynamics Limited; Bharat Electronics Limited; Bharat Earth Emerging Areas of Private Participation; Upcoming Opportunities; Movers Limited; Garden Reach Shipbuilders and Engineers Limited; Issues and Challenges; The Way Forward Goa Shipyard Limited; Hindustan Aeronautics Limited; Hindustan Shipyard Limited; Mazagon Dock Limited; Mishra Dhatu Nigam 5. SECTOR OUTLOOK AND MARKET OPPORTUNITIES ...... Limited - Investment Requirements; Budget Projections; Acquisition Plans of Armed Forces; Opportunities in Future Acquisitions/Programmes; 10. PROFILES OF PRIVATE PLAYERS ...... Infrastructure Development (Manufacturing Clusters and Parks); - Airbus Group India; Ashok Leyland Defence Systems; Bharat Forge Capital Acquisition in Defence Procurement; Segment-wise Limited; BAE Systems India; Boeing India; Larsen and Toubro (L&T); Opportunities Dassault Aviation; Tata Group; Reliance Defence Limited; Punj Lloyd Industries Limited; Mahindra Defence Systems; Adani Defence & SECTION II: DEFENCE OFFSETS: PROGRESS AND OPPORTUNITIES Aerospace; Other Players (Domestic and Foreign)

6. DEFENCE OFFSETS MARKET ...... Each profile gives an overview of the company's operations, key contracts, recent - Evolution of Indian Defence Offset Industry; Progress So Far; Indian collaborations, joint ventures, and future plans and strategies. Offset Guidelines: Impact and Gaps; Discharged Offset Obligations; Key Offset Contracts and Performance; Incentives and Penalties; Issues and Challenges

7. FUTURE POTENTIAL AND OUTLOOK ...... - Upcoming Contracts and Orders; International Best Practices; The report is available in a PDF format. Expectations from the New Offset Guidelines; Outlook and Opportunities; Next Steps for IOPs

54 | India Infrastructure Research www.indiainfrastructure.com ORDER FORM

Name (Block Letters) ...... Designation ...... Company ...... Mailing Address ......

 Telephone ...... Mobile ...... Fax ...... E-mail ......

Reports (PDF) Price (INR)# Price (USD) ;

ENERGY Commercial and Industrial Solar Market in India (July 2019) 75,000 1,770 † Underground Cables Market in India (November 2018) 50,000 1,180 † City Gas Distribution Market in India (June 2019) 100,000 2,360 † LNG Market in India (August 2018) 50,000 1,180 † Waste to Energy (May 2018) 50,000 1,180 † Distribution Franchise in India (April 2018) 50,000 1,180 † Competitive Bidding for Wind Projects (May 2018) 50,000 1,180 † Rooftop Solar in India 2019 (May 2019) 75,000 1,770 † Open-Access for Renewables (December 2018) 60,000 1,416 † T&D Equipment Market Projections in India 2019 (August 2019) 90,000 2,124 † Future of Solar O&M in India (September 2018) 60,000 1,416 † Industrial and Commercial Grid Power Market in India (April 2017) 40,000 944 † Power Distribution in India (February 2019) 75,000 1,770 † Power Transmission in India (March 2018) 75,000 1,770 † Captive Power in India (August 2018) 60,000 1,416 † Coal-based Power Generation in India (May 2019) 75,000 1,770 † Hydro Power Market in India (May 2019) 75,000 1,770 † Gas in India (November 2017) 75,000 1,770 † Solar Power in India (May 2017) 60,000 1,416 † Wind Power in India (August 2017) 60,000 1,416 † Solar Plant Performance in India (January 2018) 60,000 1,416 † Charging Infrastructure for Electric Vehicles (March 2019) 80,000 1,888 †

 TRANSPORTATION

Logistics in India (June 2019) 100,000 2,360 † Railways in India (February 2019) 110,000 2,596 † Ports in India (February 2019) 110,000 2,596 † Dredging in India (October 2018) 60,000 1,416 † Freight Market in India (October 2017) 60,000 1,416 † Storage Infrastructure in India (October 2017) 60,000 1,416 † Airports in India (April 2019) 75,000 1,770 † Road Development in India (January 2019) 110,000 2,596 † Urban Rail in India (April 2019) 60,000 1,416 † Clean Bus Market in India: Hybrid, Electric, Gas-Based (May 2018) 50,000 1,180 † Container Market in India (June 2017) 60,000 1,416 †

CONSTRUCTION & MINING

Construction in India (March 2017) 75,000 1,770 † Mining in India 2019 (April 2019) 75,000 1,770 † Construction Materials Market (July 2016) 60,000 1,416 † Tunnelling in India (January 2019) 75,000 1,770 † Mining Equipment Market (May 2018) 75,000 1,770 †

URBAN INFRASTRUCTURE

Affordable Housing in India (September 2019) 75,000 1,770 † Smart Cities in India (April 2019) 75,000 1,770 † Municipal Solid Waste in India (August 2019) 50,000 1,180 † Sewage Treatment Market in India (August 2019) 50,000 1,180 † Real Estate in India (May 2017) 60,000 1,416 †

TELECOM

Optic Fibre Cable Market in India (July 2019) 50,000 1,180 †  MULTI-SECTOR

Infrastructure Projects in Pipeline (October 2017) 75,000 1,770 † Investment and Market Opportunities in African Infrastructure (November 2018) 100,000 2,360 † Investment and Market Opportunities in Southeast Asian Infrastructure (July 2019) 100,000 2,360 † Healthcare Market in India (October 2018) 75,000 1,770 † Investment Experience and Opportunities in Infrastructure (February 2017) 75,000 1,770 † Irrigation Market in India (August 2019) 110,000 2,596 † Banking Technology in India (September 2018) 80,000 1,888 † Mergers and Acquisitions in Infrastructure and Real Estate 2017 (September 2017) 100,000 2,360 † Renewable Energy Development in Africa (April 2018) 200,000 3,200 † Opportunities in Indian Defence Market 2019 (January 2019) 75,000 1,770 †

Total INR USD NEWSLETTERS Each newsletterispriced at key concepts,cityprofiles,relevant data,etc. in theurbanwaterdevelopmentand sanitationsector. Thenewsletterwillincludeabriefwrite-upontrends, projectdevelopme Urban Water andSanitationNews initiatives, promotionaloffers,financingandkeystatistics. development,policy,focus areasofthisnewsletterareinfrastructure investment,contractsandorders,privatisationmode Aviation News private banks,foreignmultilateralinstitutionsandbilateralfunding agencies. waterandhousing.Thelendinginstitutionscoveredincludefinancial institutions,natio tion, railways,urbaninfrastructure, tures/agreements andfinancialresults.Thesectorscoveredinclude power, &shipping, roads&bridge telecom,oil&gas,ports policy, andpublicissues, equitymoves,debt/bondissues,mergersandacquisitions,loanscredit,creditratings,primary Infrastructure FinanceNews news, financings,concessionsandotheragreements. plansandinitiatives,contractsorders, local projects.Thefocusareasofthisnewsletterareprojectupdates,government &BridgesNews Roads Indianandforeignshippinglinesaswellrelatedsegmentssectorslikerailconnections,contain major andminorports, policy, developments.Itcoversnewsr deals,investments,contracts, plans,financings,projects,tariffsandotherregulatory &ShippingNews Ports introductions. tracts andorders,corporatenews,salespromotionnewproduct/service policy, etc. Thefocusareasofthisnewsletteraregovernment developmen tance, satellite-basedservices, legalandregulatory Telecom News affairsandcorporatedevelopments. ers newsrelatedtoinvestments,contractsandorders,legalregulatory andfina focus areasofthisnewsletteraredevelopmentsinpolicy, explorationandproduction,downstream,LNG,transportation Oil &GasNews developments. corporate news,financingsandreform/restructuring policy,tion. Thefocusareasofthisnewsletteraregovernment developments,contractsa projectupdates,legalandregulatory Power News focusareasare: The newslettersofferedandtheirprimary providers,etc. ty analysts,contractors,equipmentmanufacturers,service projects (publicorprivatesector),regulators,policymakers,financiers,bankers,consultants,legalspecialists,equi- sectors: isindispensableforanyoneinvolvedwiththeinfrastructure This service onthekeydevelopmentsinthesesectorsduringprevious week. date andcomprehensiveinformation viae-mailorfaxtoprovidesubscriberswithaccurate,reliable,up-to- Mondaymorning These newslettersaresentevery and aviation. I Weekly Newsletters Urban Water &SanitationNews Aviation News Infrastructure FinanceNews &BridgesNews Roads &ShippingNews Ports Telecom News Oil &GasNews Power News such as power, oil & gas, infrastructure finance, ports &shipping,roadsbridges,urbanwatersanitation,telecom such aspower, finance,ports oil&gas,infrastructure sectors Publishingbringsoutweeklynewslettersthatcoverthelatestdevelopmentsininfrastructure ndia Infrastructure covers thelatestdevelopmentsinIndianpowersectoracrossallkeysegments–generation,transmissionanddistribu- covers thelatestdevelopmentsinIndianaviationsector. segments. Theprimary Itcovers boththeairlineandairport covers thelatestdevelopmentsinIndiantelecomsectoracrossallsegments–fixed,wireless,broadband,longdis- covers thelatestdevelopmentsinIndianoilandgassectorupstream,midstreamdownstreamsegments.The covers thelatestdevelopmentsinIndianroadsandbridgessector. Itsscopeincludesnational,stateandkey Rs 24,780 covers the latest developments in the Indian ports andshippingsector.covers thelatestdevelopmentsinIndianports Thefocusareasofthisnewsletterare covers the latest developments in the area of infrastructure finance.Thefocusareasofthisnewsletterare covers thelatestdevelopmentsinareaofinfrastructure (Rs 21,000plusGST @18%)peryear.Therearepackage rates availableforsubscribingtomore than onenewsletter. covers policies, regulations, projects, finance, service providers, sanitation, and international news providers,sanitation, andinternational covers policies,regulations,projects, finance,service developers/operators ofinfrastructure nalised banks, nce. Itcov- corporate nd orders, joint ven- ers, etc. elated to rnisation ts, con- s, avia- nts,

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