Vol.2, Issue 1, 2023
Punj Lloyd Institute of Infrastructure Management (PLIIM) is established within the Indian School of Business as a specialist Institute to support its Infrastructure. The institute has the MIT Sloan School of Management as its associate partner. The vision and mission of the institute are:
To create high-quality leadership and management capacity for the infrastructure sector and understand the industry’s sustainability by delivering quality education, contextual research, and continuous outreach.
The Punj Lloyd Institute undertakes various initiatives to guide the infrastructure sector toward efficient and sustainable development through research initiatives, knowledge-sharing events, and training public officials and industry professionals. To meet its vision, the institute works closely with corporates in three verticals, Education, Outreach, and Research. A brief on various activities of the institutes is given below.
AMPI Class of 2024
The seventh offering of the Advanced Management Programme for Infrastructure (AMPI), with 28 students, commenced its first residency from the 5th of May to the 14th of May 2023 at the Mohali Campus. The cohort has an average experience of 12.8 years, representing a mix of middle, senior, and top management.
Our students represent the following organisations:
Kavirama Designs and Facility Company | Aarvee Associates (Architects, Engineers & Consultants Pvt. Ltd.) |
National Thermal Power Corporation Limited | Ministry of Jal Shakthi |
Varsity Education Management | HP Power Corporation |
Noida Metro Rail Corporation | CtrlS (Cloud Computing Company) |
Prima Landmarks | Landmark |
Livdiz | Rajapushpa |
Tata Realty and Infrastructure Ltd | Square Yards |
Larsen & Toubro | NPCC (National Project Construction Corporation Limited) |
J Square Designers and Engineering Consultants | Government of India |
Siemens Limited | Bharat Heavy Electricals limited |
Synopsis: India is the world's fastest-growing major economy and home to the world's largest population. Robust Infrastructure is the backbone of any economy and acts as a growth vehicle. Large Infrastructure projects, such as roads, highways, power plants, ports, townships, and real estate sectors, have recently witnessed a growing demand for capital. Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are instruments to raise public money. These instruments address the need of investors and corporations both. Investors diversify their portfolios with regular income, whereas corporations get access to significant public funds. This ALP intends to study REITs & InvITs model in the Indian context and investors' behaviour and response to take part in the investment cycle to boost the growth of Infrastructure in India.
List of ALP Team members
ALP Team 1
Synopsis: In 2022, India had 138 data centres with a power consumption of 637 MW. The figure is projected to grow to 812 data centres that will consume 5000 MW. Daily CO2 emissions of a 40 MW data centre is 480,000 kg CO2/day, significantly higher than the daily CO2 emissions of a typical passenger car (23 kg CO2/day). Data centres can switch to clean and renewable energy alternatives to reach the net zero goals of India and the world. Power generated by solar energy, wind, geothermal, hydroelectric, biomass, tidal, and fuel cells can reduce the CO2 emissions of a data centre. The intermittent availability of these alternative energy sources needs storage solutions. One such solution is thermal batteries. Chemical batteries have drawbacks such as limited energy density, slow recharge times, degradation and limited life span, and negative environmental impact. This ALP evaluates green initiatives and technologies such as thermal batteries, energy optimisation strategies, cost analysis and returns on investment (ROI). A set of recommendations will be presented for implementing energy-saving measures in designing a green data centre.
List of ALP Team members
ALP Team 2
Synopsis: A large number of metro rail corporations are operating in red. Some effective strategies are required for sustainability. The reasons for losses are two-fold: (1) High cost of operations, and (2) Revenue shortfall. This ALP's scope is limited to metro railway corporations in India. The primary data will be collected through visits to Delhi Metro Rail, Noida Metro Rail, Hyderabad Metro, etc. The secondary data will be collected from the annual reports of metro railway organisations worldwide, the World Economic Forum, and the World Bank Data. A Pareto analysis of costs will be used to examine the operational costs and revenue streams. The team will propose recommendations related to cost reduction (cost reduction, use of renewable energy, automation with AI) and revenue increase (community EV facility, licenses to commercial complexes). Financial analysis of solutions (cost-benefit analysis, payback period, return on investment (ROI), and social cost-benefit analysis) will be presented.
List of ALP Team members
ALP Team 3
Synopsis: Within the Indian infrastructure space, the adoption of green tech within commercial and office space is high. However, the same cannot be said for the residential sector, which forms more than 75% of the real estate in India. This ALP develops a business case for adopting green technology and methods by end customers within residential townships. Our research and analysis will include value benefit analysis, financial analysis, review of construction methods, and existing models. Through this exercise, a survey of the existing green infrastructure space and an analysis based on several metrics will be done. In addition, the team will recommend steps and measures to improve further the business case of green Infrastructure within the Indian real estate context. The findings of this ALP would help in enhancing the adoption of green practices. The target recipients of the results of this research will be the end retail customers and real estate companies.
List of ALP Team members
ALP Team 4
The study covers seven sectors: Airlines, Airfreight and Logistics, Road and Rail, Marine, Highways and Rail tracks, Construction and Engineering, and Real Estate. A double-pronged approach has been taken for analysis using secondary data. Firstly, a study of the available literature on the performance of the Indian infrastructure sector has been done. Secondly, we conduct a financial analysis of the companies in the infrastructure sector in India using the database from Capital IQ.
We now aim to gain the perspectives of industry leaders and leading banks on the challenges and opportunities in the infrastructure sector. Following the discussion, we plan to create an industry survey on the ISB research platform to gather primary data from industry experts.
Topic: Unleashing the Potential of MSMEs and Infrastructure in India
Mr. B. B. Swain, Secretary of MSME, delivered an interactive session to the students of our Advanced Management Programme for Infrastructure (AMPI) at the Indian School of Business, Mohali. He shared insights regarding the symbiotic relationship between micro, small, and medium enterprises (MSMEs) and Infrastructure in India.
Mr B. B. Swain shed light on the integral role of MSMEs in India's infrastructure development. By leveraging the potential of MSMEs, addressing challenges, and embracing innovation, India can unlock remarkable economic growth and employment opportunities. Researchers and Government agencies must heed Mr Swain's insights to formulate effective policies and initiatives that foster the growth and sustainability of MSMEs and the infrastructure sector. He stressed that the entrepreneurs and startups who take risks must also recognise the countless MSME entrepreneurs who are the true heroes, driving change and shaping the future of India's economy.
PLIIM Team with Shri. B. B. Swain
We are collaborating with the Capacity Building Commission on the PM Gati Shakti project. We want to create leadership capacity in the government (Ministry of Road Transport and Highways, NHAI, and Indian Railways) through our long-term Advanced Management Program for Infrastructure. In connection with the PM Gati Shakti project, we have identified eight short-duration modules for leadership training in the following areas:
To popularise AMPI as a niche programme for middle and senior management in Infrastructure and Real Estate Firms:
Indian School of Business, Knowledge City,
Sector 81, Mohali 140306.