ISB graduates turn consultants for SEZ infrastructure project
The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development.
The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development, shaping a public-private partnership (PPP) as well as project finance through fundraising and international participation. "The present batch has 57 members from both Hyderabad and Mohali campuses of ISB, working on two case-studies which are projects of SREI," says Vishal Lunia, president of the Infrastructure Club at ISB.
In keeping with the policy changes introduced to bring the shine back to Special Economic Zones (SEZ) and expediting disposal of issues related to these projects, the club is presently working on SWOT analysis of two SEZs being developed by SREI at Alibag and Tuticorin. The analysis will provide possibility of commercially developing the area around the 450 acre engineering SEZ which is six months into construction. "The perspective provided by students come from different sectors including power, consulting, legal framework etc, which brings diverse suggestions on-board," adds Vishal Lunia.
"The suggestions made by the previous batches were incorporated to convert an SEZ into an industrial park as well as re-branding the company in its 25th year," says Dhruv Bhalla, vice president and head of international business at SREI. The 500 acre Guptamoni SEZ at Kharagpur, West Bengal was proposed to be converted into an industrial park in 2011 due to lack of clarity on Direct Tax Code implemented back then. The company also signed joint ventures in Africa for infrastructure development in the sectors of energy and telecom.