Tata Realty to help develop box terminal
The Hindu Business Line, December 24, 2009, Page 5
Looking to enter water supply, urban transportation projects.
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Partnership ventures
Siemens Project Ventures for a high-speed rail link project in Bangalore; with Atlantia, Italy, which operates over 3,500 km of toll roads in Europe, for road projects, and with Changi International for some airport projects; and Mitsubishi for rail projects.
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R. Balaji, Chennai
Tata Realty and Infrastructure Ltd (TRIL), which is setting up a number of large real estate development projects, is expanding into infrastructure projects, including a dedicated container terminal, logistics and warehousing, water supply and urban transportation projects.
Mr Sanjay G. Ubale, Managing Director and CEO, TRIL, told Business Line that the company has identified a location on the east coast where it will participate in developing a dedicated container terminal project. Talks are on with the State Government concerned, he said, while declining to elaborate further as the discussions were at a preliminary stage.
TRIL has identified a number of infrastructure verticals — other than telecommunications and power in which the Tata group is a market leader — that it plans to enter. The new areas are also segments in which TRIL is looking to partner with investors. In roads, where it is investing over Rs 300 crore and expects to scale up fast, it has identified an investor and will soon finalise the details.
TRIL has tied up with Siemens Project Ventures for a high-speed rail link project in Bangalore; with Atlantia, Italy, which operates over 3,500 km of toll roads in Europe, for road projects, and with Changi International for some airport projects; and Mitsubishi for rail projects, will look at more partners for its other infrastructure ventures, Mr Ubale said.
Logistics is another strong area of interest for TRIL, he said. In this vertical, it will set up warehousing infrastructure in Delhi, Kolkata and Mumbai where it has identified over 50 acres in each location. It would cater to all the major industrial segments in these areas, he said.
Water supply projects
It is in talks with a number of international players in logistics for technological support. It is also looking at water supply projects, particularly at areas of upgrading existing networks available with the utilities. Nearly, a third of the water supply in most modern cities is lost to leakage and theft, and investments in enhancing efficiency and supply side efficiency would save much larger investments in augmenting supply. TRIL is talking to local bodies to sell this concept.
The company is also looking at getting into water distribution projects in which it has in-house expertise, Mr Ubale said. It also hopes to bid for the Navi Mumbai airport project for which it plans to tie up with an international player.
In urban transport, developing monorails is an area that offers large potential. TRIL will bid for both the projects on offer by the Mumbai Metropolitan Region Development Authority.
In Chennai, where it is setting up a Rs 3,700-crore IT SEZ, commercial and residential project on the IT corridor, it has mooted a proposal for a monorail project with the State Government, Mr Ubale said. It has sought an alignment that would link the heart of the city with the entire stretch of the IT corridor and supplement the existing urban transportation systems, he added.
The Hindu Business Line, December 24, 2009, Page 5
Looking to enter water supply, urban transportation projects.
--------------------------------------------------------------------------------
Partnership ventures
Siemens Project Ventures for a high-speed rail link project in Bangalore; with Atlantia, Italy, which operates over 3,500 km of toll roads in Europe, for road projects, and with Changi International for some airport projects; and Mitsubishi for rail projects.
--------------------------------------------------------------------------------
R. Balaji, Chennai
Tata Realty and Infrastructure Ltd (TRIL), which is setting up a number of large real estate development projects, is expanding into infrastructure projects, including a dedicated container terminal, logistics and warehousing, water supply and urban transportation projects.
Mr Sanjay G. Ubale, Managing Director and CEO, TRIL, told Business Line that the company has identified a location on the east coast where it will participate in developing a dedicated container terminal project. Talks are on with the State Government concerned, he said, while declining to elaborate further as the discussions were at a preliminary stage.
TRIL has identified a number of infrastructure verticals — other than telecommunications and power in which the Tata group is a market leader — that it plans to enter. The new areas are also segments in which TRIL is looking to partner with investors. In roads, where it is investing over Rs 300 crore and expects to scale up fast, it has identified an investor and will soon finalise the details.
TRIL has tied up with Siemens Project Ventures for a high-speed rail link project in Bangalore; with Atlantia, Italy, which operates over 3,500 km of toll roads in Europe, for road projects, and with Changi International for some airport projects; and Mitsubishi for rail projects, will look at more partners for its other infrastructure ventures, Mr Ubale said.
Logistics is another strong area of interest for TRIL, he said. In this vertical, it will set up warehousing infrastructure in Delhi, Kolkata and Mumbai where it has identified over 50 acres in each location. It would cater to all the major industrial segments in these areas, he said.
Water supply projects
It is in talks with a number of international players in logistics for technological support. It is also looking at water supply projects, particularly at areas of upgrading existing networks available with the utilities. Nearly, a third of the water supply in most modern cities is lost to leakage and theft, and investments in enhancing efficiency and supply side efficiency would save much larger investments in augmenting supply. TRIL is talking to local bodies to sell this concept.
The company is also looking at getting into water distribution projects in which it has in-house expertise, Mr Ubale said. It also hopes to bid for the Navi Mumbai airport project for which it plans to tie up with an international player.
In urban transport, developing monorails is an area that offers large potential. TRIL will bid for both the projects on offer by the Mumbai Metropolitan Region Development Authority.
In Chennai, where it is setting up a Rs 3,700-crore IT SEZ, commercial and residential project on the IT corridor, it has mooted a proposal for a monorail project with the State Government, Mr Ubale said. It has sought an alignment that would link the heart of the city with the entire stretch of the IT corridor and supplement the existing urban transportation systems, he added.
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