BWI: IDFC releases India Infrastructure Report 2010: “Infrastructure Development in a Low Carbon Economy”

Press release from Business Wire India
Source: Infrastructure Development Finance Company Limited
Wednesday, October 20, 2010 07:39 PM IST (02:09 PM GMT)
Editors: General: Consumer interest, Economy, Environment, Social issues; Business: Advertising, PR & marketing, Business services, Construction, Energy companies, Heavy industries, Major diversified industrial groups, Real estate, Retailers, Water
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IDFC releases India Infrastructure Report 2010: "Infrastructure Development in a Low Carbon Economy"


New Delhi, Delhi, India, Wednesday, October 20, 2010 -- (Business Wire India) -- The India Infrastructure Report 2010: Infrastructure Development in a Low Carbon Economy was launched by Shri Suresh Prabhu, Chairman of Council of Environment, Power and Water.

The IIR brings together well researched evaluation of legal, financial/fiscal, regulatory, technological, social and conceptual issues on a contemporary theme of relevance to infrastructure development.

The IIR is an invaluable resource for policymakers, industry and researchers. It is a collaborative effort under the aegis of 3-i Network. The 3-i Network is a network of academics, technical & managerial experts and practitioners, managed by IDFC, Indian Institute of Management, Ahmedabad (IIM-A) and the Indian Institute of Technology, Kanpur (IIT-K).

Ninth in the series since 2001 produced by IDFC, the India Infrastructure Report (IIR) 2010 on low carbon infrastructure development discusses:

. Legal, regulatory and policy aspects
. Financing low carbon infrastructure
. Energy security and low carbon energy infrastructure
. Low carbon urbanization through integrated land-use and transport planning
. Rural infrastructure for a low carbon economy

Speaking on the launch event Shri Suresh Prabhu said" We as a large country like India needs to create infrastructure that is futuristically clean and green and will not create environmental issues for coming generations" On the occasion, Dr. Rajiv Lall, CEO & MD of IDFC said, "There is certainly a need to reduce carbon emissions but without slowing down economic growth. Technology and finance are central to low carbon interventions, which in turn require an enabling legal, regulatory and institutional framework. India is at an early stage of infrastructure development, which provides a unique opportunity to achieve a low carbon growth path as we build our infrastructure. We have an advantage compared with other countries that are locked into 'high carbon lifestyles' and we can learn from their experiences rather than replicate their models".

Ritu Anand, Group Head Policy & Chief Economist, IDFC added: "Several studies have projected the likely carbon emissions by 2031 in India and some have indicated the abatement potential. This India Infrastructure Report looks more specifically at the 'how' - i.e. the possibilities for abatement in each major infrastructure sector, the challenges being faced and what needs to be done."

Rapid infrastructure build-up is essential to sustain India's high economic growth, but infrastructure development has traditionally been carbon intensive. The challenge therefore, is to build infrastructure with less carbon footprints without compromising poverty alleviation and energy security. India is in the early stages of infrastructure development, and so the choices now would determine the future.


About IDFC Ltd.

Infrastructure Development Finance Company Limited (IDFC) is India's premier financial services institution focused on infrastructure. It was set up in 1997 by the Government of India as a financier and catalyst for private sector's involvement in infrastructure development in India. For over 12 years, since the company's initial public offering in 2005, IDFC has evolved into a 'one stop shop' for infrastructure finance in India, meeting the complex and ambitious requirements of an expanding client base.
IDFC's strategy involves all parts of the value chain of infrastructure, providing a differentiated value proposition to its clients. IDFC's domain expertise in infrastructure combined with product breadth - project financing, investment banking and asset management enables it to provide creative solutions to its clients. IDFC has strong relationships with the private sector and government enabling it to provide objective advice and facilitate public-private partnerships in infrastructure. IDFC Foundation helps train government officials on public-private partnerships, provides advice on infrastructure policy and governance issues and on sustainable development strategies.

Note to the editors:

Authors of the IIR 2010 are Partha Mukhopadhyay(Centre for Policy Research), Videh Upadhyay(Delhi Pollution Control Committee, Department of Environment, Government of Delhi), Pramod Deo (Central Electricity Regulatory Commission), Vijay M. Deshpande (Central Electricity Regulatory Commission), Anoop Singh (Indian Institute of Technology Kanpur), Dhruba Purkayastha (World Bank), Manisha Gulati (IDFC), Sunder Subramanian (IMaCS,ICRA Management Consulting Services Ltd), Pinaki Bhattacharya (IDFC), Shishir Maheshwari (IDFC), Patricia Clarke Annez(Brookings Institution), Thomas Zuelgaray (French ministry of ecology, energy and sustainable development (M.E.E.D.D.M)), Ashok Kumar Singha (CTRAN Consulting), Vijay Mahajan (CTRAN & BASIX Group), Suvra Majumdar (CTRAN), Papia Chakraborty (CTRAN), Lenora Suki (Smart Cities Advisors), Vijay Prakash Ojha (Institute of Management Technology, Ghaziabad), Ashish Garg (Indian Institute of Technology, Kanpur), Nachiketa Tiwari (Indian Institute of Technology, Kanpur (IITK)), Abhijeet Deshpande (Independent Expert), Rohit Chadha (HPCL, Bhopal), Chandrashekar Iyer (Meghraj Capital Advisors Pvt Ltd), Rajneesh Sharma (PricewaterhouseCoopers), Ronnie Khanna (PricewaterhouseCoopers), Akil V. Laxman (PricewaterhouseCoopers), Tirthankar Nag(International Management Institute, Kolkata), Malti Goel (Center for Studies in Science Policy, JNU), Manpreet Sethi (Centre for Air Power Studies), Kaushik Ranjan Bandyopadhyay (Asian Institute of Transport Development (AITD)), Akshima Ghate (The Energy and Resources Institute (TERI), New Delhi), Sanjivi Sundar (TERI University), Rita Pandey (National Institute of Public Finance and Policy, New Delhi), Komalirani Y (TERI), Joshi Gaurav (Adani Institute of Infrastructure Management ), Sanjiv Sahai (DIMTS), Simon Bishop (Independent Expert), Dinesh Mohan (Indian Institute of Technology, Delhi), Kala S Sridhar (Public Affairs Centre, Bangalore), Ramakrishna Nallathiga (Centre for Good Governance, Hyderabad), Sweta Byahut (University of Cincinnati), Shaleen Singhal (University of Ulster), Jim Berry (University of Ulster), Stanley McGreal (University of Ulster & University of South Australia), Sreenath Dixit (CRIDA), B.Venkateswarlu (CRIDA), J.V.N.S.Prasad (CRIDA), B.M.K. Raju (CRIDA, Hyderabad), Bhaskar Sinha (Indian Institute of Forest Management (IIFM), Bhopal), Anoma Basu (Indian Institute of Forest Management, Bhopal), Anuj Singh Katiyar (Indian Institute of Forest Management (IIFM), Bhopal), Jyoti Gujral (IDFC), Sisira Jayasuriya (La Trobe University), Scott Davenport (NSW Industry and Investment (I&I NSW)), Dilip K Ghosh (Government of West Bengal)



CONTACT DETAILS
Venkatraman K.V, Infrastructure Development Finance Company Limited, +919004040575, venkat@idfc.com
Etienne Marques, Repute Public Affairs & CSR Solutions, +919920243354, etienne.m@reputesolutions.com

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