The Union government has invited bids worth Rs 20,000 crore,to widen 2,000 km of highways, opening up a big opportunity for companies such as L&T, GMR,Reliance Infrastructure and Gammon.This has helped the National Highways Authority of India (NHAI) inch closer to its target.
Author: admin (Infratructure Today)
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PMO to oversee DFC project to speed up work
The Prime Minister’s Office (PMO) will henceforth directly monitor the progress of the construction of the Dedicated FreÂight Corridor (DFC), virtually taking the job away from the Railways.Prime Minister Manmohan Singh held a meeting in February to take stock of the proÂgress, apparently dissatisfied with the role of the Railways which was primarily to monitor the progress of the job, the execution of which had been handed over to the Dedicated Freight Corridor Corporation of India (DFCCIL).
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IVRCL bags Haryana road proj
Haryana government awaÂrded Rs 1,201.70 crore order for four-laning a151 km stretch of a highway to IVRCL Assets & Holdings.The contract includes rehabilitation, up-gradation and widening of the existing carriageway to four-lane standards with construction of new pavement, rehabilitation of existing pavement, construction of bridges, drains, etc.
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EPE road project faces delay
The 135-km Eastern Peripheral Expressway (EPE) that is intended to link Haryana’s Palwal town with Uttar PraÂdesh’s Kundli, is facing further delay.While the cabinet committee on infrastructure and the Public Private Partnership Appraisal Committee (PPAC) approved toll rates on par with those on national highways and the Western Peripheral Expressway (WPE), the Road Ministry insists on charging 50 percent more.
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Growth or admin?
Did his experience in quelling union strikes land him the top job that some call plum, others unenviable? Narsing Rao, who will be assuming charge as the new chairman of Coal India Limited (CIL) by the end of this month, has successfully brought down the number of worker strikes during his period at Singareni, where 70,000 workers operate the mines.
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Being global has its rewards!
Indian power companies are often global by compulsion, seeking coal from mines acquired abroad. Adani Mining Pty, the Australian arm of the Adani Group,commenced its mining exploration programme in the Galilee Basin in Queensland, Australia.Now, the Adani Group is the single largest Indian investor in Australia in coal mining, creation of dedicated railway infrastructure to transport the coal to ports and dedicated coal terminals such as Adani Abbott Point Coal Terminal.
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All energy, no power
Tamil Nadu’s power woes are multi-faceted.In the latest case, GMR Power, which had gone to court over its Power Purchase Agreement (PPA), has won a Rs 537 crore judgment. GMR had a dispute with the state electricity board with respect to its 15 year PPA ending 2014 on non-payment of dues.
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A new logistics park is on the anvil at JNPT
JNPT is examining the setting up of a new logistics park in JV with the DFC. Albeit mired by delays, the port’s expansion plans envisage an augmentation of nearly 5 mn containers each year.Luxman Radhakrishnan, Chairman, JNPT, explains to Shashidhar Nanjundaiah.
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The Reasonability of Auction
The 2G spectrum verdict on the astonishing day of 2 February pronounced a cancellation of all 121 permits given after 10 January 2008 by the then Telecom Minister A Raja. There is a fundamental flaw in the principle of first-come-first-served in the distribution of state-owned natural resources,
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Putting infra ducks back in a row
Much has been said about the now popularly termed policy paralysis over the past two years that has led to uncertainty in implementation of and financing to infrastructure sectors. With the single exception of the roads sector, none of the major sectors have met expected growth levels this year.