The Indian Institute of Technology (IIT) Madras has recently launched an Integrated Database on Infrastructure Projects in India (IDIP) at the 15th World Conference on Transport Research Conference held at IIT Bombay on 29-05-2019.
The IDIP is a service from GeoNomics Research and Technologies Private Limited, an Infrastructure Analytics and Consulting Firm, partnered with Akara Research and Technologies, a Startup Company in India.
For developing the database on the Platform, various researchers are said to have collaborated with state governments and private sector infrastructure developers. The said database provides comprehensive data about the entire life cycle of a particular infrastructure project including the various stages of development, construction, operation, etc (Platform).
The IDIP has primarily stressed on the road sector, as the public-private partnership in the road sector in India is the highest in the world. But eventually, this Platform would cover other areas of infrastructure sector as well such as railways, ports, airports, power, transmission, water supply, sanitation, solid waste management, etc.
As soon as the users, such as project managers, financiers, researchers, etc, log into the Website http://www.idip.co.in/, they can search for projects based on specifics such as projects developed by a specific developer or developed in a specific location, or road projects exceeding a certain length, etc.
This would enable various stakeholders to make informed decisions, monitor the investment trends and also make way for overall development of the infrastructure sector.
Furthermore, it is believed that the roll out of IDIP would also help in achieving transparency and accountability among the stakeholders of this sector.
Senior Legal Associate
The Indian Lawyer