The National Highways Authority of India (NHAI) plans to rework the model concession agreement (MCA) for highway projects that was redrafted just three years back after road developers sought changes to the model agreement amid a slowing economy. NHAI had asked developers, lenders, consultants and industry bodies to give their feedback on the current model concession agreement in the context of the changed economic scenario, said a senior official at NHAI.
Category: Roads & Highways
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Improving land use for better transport
The single-agency approach to city development, coupled with disincentivising unplanned growth, has been adopted internationally. In India, the ball often gets tossed between the two leading heads-the mayor and the municipal commissioner.
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What lies beneath…
Indian tunnelling has gained sufficient experience in tunnelling, and as new infrastructure projects in rail, metro rail, water and hydro electric projects promise momentum underground, technology and management will be critical,
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WB govt to rope in pvt sector
West Bengal government plans to build and improve 4,000 km of highways on public-private partnerships (PPP) mode, the state's Industrial and Investment Policy, 2013 shows
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Assam to have longest bridge
Assam is going to have India's longest bridge across the mighty Brahmaputra at Bogibeel in Assam is not only expected to be a lifeline for the northeast, but will also strengthen the country's security.
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More bridges in Orissa
In Orissa, the state government would build 200 more bridges in the state at a cost of Rs 700 crore in this current fiscal. The government announced that the bridges would be built under the Biju Setu Yojana.
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JK mulls road projects
Jammu and Kashmir government has proposed 16 vital road projects before the Union government under the centrally sponsored scheme, Central Road Fund (CRF) for 2013-14.
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NHAI circulates list
Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects.
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Road builders to pay fine to exit projects
Union Road Minister Oscar Fernandes has said that road developers in the country will not be blamed for delays in regulatory procedure but have to take responsibility for their own faults and may have to pay up to one per cent of total project cost as penalty
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Rail projects implementation slow
Experts and industry observers raise concern about the slow implementation of public private partnership (PPP) projects in railway sector. It is learnt that around 350 PPP projects are in the pipeline in railway sector