To market its projects both abroad and in India, the Union Road Transport and Highways Ministry is looking to hire industry bodies and the International Finance Corporation (IFC). The governmentĂ´s move comes after private investors showed disinterest in the road projects this year. For its expressway projects worth over Rs 30,000 crore and 15 other highway projects in the pipeline, the Ministry is looking to engage the industry bodies and IFC.
Author: admin (Infratructure Today)
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Nod to 14 highway projects under EPC mode
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
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Nod to 14 highway projects under EPC mode
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
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Big projects to miss deadlines
For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime MinisterĂ´s Office (PMO). In this background, the PMO has been suggested to review the infrastructure targets set in June based on the progress on each of the identified projects.
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Centre to pace up expressway projects
The Union government is to fast-track a few expressway projects in the country for the development of industry, said the Union Road Transport & Highways Minister Oscar Fernandes. The Mumbai-Vadodara Expressway, the eastern and western peripheral expressways, and the Delhi-Jaipur expressway will be part of the plan, the Minister added. Addressing the inaugural function of Excon 2013, Fernandes said these expressways will provide enough opportunity for industry to grow along these express ways.
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Big projects to miss deadlines
For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime MinisterĂ´s Office (PMO). In this background, the PMO has been suggested to review the infrastructure targets set in June based on the progress on each of the identified projects.
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New technology
Using a new technology, called Ă´white topping,Ă´the Aurangabad Municipal Corporation (AMC) would construct the road from Lemon Tree hotel to Jalgaon T Point, that is 2.5 km long, in the city. AMC is introducing the technology for the first time in the city and Rs 3 crore has already been approved for construction of the road.
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Green roads
In India, Zydex Technologies is looking to build up to 20,000 km of moisture-resistant green roads by 2016 using its nanotechnology. Such roads need no maintenance for about 15 years. The company has already completed about 500 km of roads in India with Border Roads Organisation and other agencies, the company said. Zydex has already built such highways in US, Europe and Africa.
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Improvement of two key roads
The Gurgaon-Sohna Road and Southern Peripheral Road should be strengthened to handle more traffic before it starts building a flyover at Hero Honda Chowk on the Delhi-Gurgaon expressway, the National Highways Authority of India (NHAI) has said.
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Mumbai coastal road
The 35 km Mumbai coastal road project worth Rs 8,000 crore is likely to be put on the fast track and work on the ambitious road project is expected to begin by December next year. The road will run from Nariman Point to Kandivli, and aimed at easing the traffic congestion in western Mumbai.