Infrastructure Quarterly

Professor Chandan Chowdhury, Executive Director, PLIIM

Our Vision & Mission

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:

Vision

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.

Mission
  • Create top-quality educational and training programs.
  • Facilitate learning through online programs.
  • Undertake research that is contextual to the Indian and developing country context.
  • Develop tools and decision support systems to support the infrastructure practice.
  • Undertake continuous outreach to support the sector.
  • Serve as a "Go to" place for the infrastructure sector in India and abroad.

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.

Education

AMPI: Co2024

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

Research

Action Learning Projects
Accelerating Growth of Infrastructure in India: Role of InvITs & REITs

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

  • Himakar San
  • Venkata Soma Shekar Gopishetty
  • Mahesh Varma Mallepally
  • Likith Chandra Koka
  • Prabath Kumar
  • Pinnelli Raghukiran
  • Sidartth Gupta
  • Vani S Yadav

ALP Team 1

A Strategic Approach for a Green Data Centre

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

  • Kiran Kumar
  • Harshil Pawar
  • Supriya Guha
  • Anshul Soni
  • Sharath Kumar

ALP Team 2

Strategies for Sustainable Operations of MRTS in India

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

  • Akash Bansal
  • Aditya Garg
  • Debasis Samal
  • Karthika Jayasree
  • Rishab Mahaveer Patil
  • Ujwal Kumar
  • Parul Jaidik
  • Audarya Vivek Bansal

ALP Team 3

Appraising the Value Proposition of Green Communities

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

  • Dharam Domalapalli
  • Kamaljeet Sachdev
  • Suman Shatanand
  • Mohit Makkar
  • Sahil Aggarwal
  • Venu Madhav Chippa
  • Rahul Majage

ALP Team 4

Study on "A Decade of Infrastructure Development in India: Trends and Insights"

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.

  • We intend to gain industry leaders' perspectives on the challenges and opportunities in the infrastructure sector. We will host a round table conference with industry leaders, policymakers, and NITI Aayog officials to present our findings. We will also create an industry survey on the ISB research platform to gather primary data from industry experts.
  • We will prepare a report focusing on industry-wide observations on the performance of the infrastructure sector and present this report to CII and NITI Aayog. We will release the final report through a formal event by March 2024.

Outreach

Speaker Session by Shri B. B. Swain, Secretary of MSME, Government of India

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

Approach to Capacity Building for PM Gati Shakti

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:

  • Social and Environmental Issues in Infrastructure
  • Infrastructure Project Management
  • Contract Management
  • Legal Issues and Dispute Resolution
  • Infrastructure Regulation
  • Strategic Planning for Infrastructure
  • Public-Private Partnership (PPP)
  • Digital Innovation to accelerate the growth of the infrastructure sector.

To popularise AMPI as a niche programme for middle and senior management in Infrastructure and Real Estate Firms:

  • Our one-year Advanced Management Programme for Infrastructure has 28 working professionals representing the private sector, government, public sector enterprises, and entrepreneurs with an average experience of 12 years.
  • We will continue our efforts to popularise the programme and achieve a cohort size of 50 or more.
  • We plan to sign an MoU with the Ministry of Roads Transport and Highways (MoRTH), the National Highway Authority of India (NHAI) and Indian Railways to nominate senior officers from their organisation. We want the officers to benefit from our Advanced Management Programme for Infrastructure. External Relations is supporting us. We can have similar MoUs with other Government and Public Sector organisations in the infrastructure domain.
Panel Discussion on Sustainable and Resilient Cities: The Way Forward
  • The Punj Lloyd Institute of Infrastructure Management, in partnership with the Indian Green Building Council (IGBC) organised a panel discussion on “Sustainable and Resilient Cities: The Way Forward” on 7th June 2023.
  • The panelists included Col. Shailesh Pathak, Chairman of IGBC Chandigarh Chapter and CEO of Art – N Glass; Ms. Minal Srinivasan, Director of Kesari Infra Build Pvt Ltd., an environmental consultancy and engineering company; Professor Jagdeep Singh, Registrar of IISER Mohali; and Rohit Grover, MD of JREW Engineering and Chairman of CII Mohali Zone. Professor Chandan Chowdhury, Executive Director Punj Lloyd Institute of Infrastructure Management, anchored the panel discussion.
Round table discussion on International North-South Transport Corridor (INSTC)
  • Roundtable was organized by the Indian Chamber of Commerce (ICC) in Shangri-La Eros, New Delhi. Dr. Chandan Chowdhury was a part of the knowledge session on 20 June 2023.
Punj Lloyd Institute of Infrastructure Management

Indian School of Business, Knowledge City,
Sector 81, Mohali 140306.