New Delhi: Three major infrastructure projects in the national capital are among the six Indian ventures that figure in the list of world’s most innovative, impactful infrastructure projects, prepared by international accounting firm KPMG that was released Thursday.
The Delhi projects in the “Infrastructure 100: World Markets” report are the Delhi Metro, the Yamuna Expressway and the Interceptor Sewage System, while the other three – Tata Power’s Mundra ultra mega power project, the Gujarat International Finance Tec-City (GIFT), and the Narmada Canal Solar project – are located in Gujarat.
The projects were evaluated on the basis of their scale, feasibility, complexity, innovation and impact on society, KPMG said.
A panel of independent industry experts evaluated over 400 diverse and compelling projects to ultimately select the final 100.
“Each country has its own approach to develop and fund infrastructure, yet all share the universal challenge of creating the right conditions to attract investment so desperately needed,” said James Stewart, KPMG’s chairman of global infrastructure.
The 165-km, six-lane Yamuna Expressway, that cost $1.9 billion to build, connects Delhi with Agra and has created a corridor for economic growth, the report said.
Opened in 2004, the $2.3 billion Delhi Metro continues to expand as a shining example of how to carry out an effective public works programme, it added.
The $4.4 billion Mundra Ultra Mega Power Project (UMPP) is a thermal power plant serving Gujarat, Rajasthan, Maharashtra, Haryana and Punjab.