Despite the current slowdown, the long-term outlook for the port sector continues to be strong, especially because of increasing demand for coal, containers, crude oil and POL, fertilisers, and steel. The government also has taken into cognizance the issues impacting the sector
Category: Roads & Highways
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The UN is wrong
Can governments effectively control over the private sector and ensure foolproof PPP project planning and delivery? The environment community has a reason to say I-told-you-so. More people (estimated over 5,500) have died in the Uttarakhand disaster than in the 9/11 attacks.
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TAMP as market regulator
Minor ports have emerged as more attractive to private investors than the major ones, notably after the controversial TAMP revised tariff as PPP projects at major ports are marred by litigations, delays and disputes.
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J&K gets grant for rural roads
Rural road projects in Jammu and Kashmir (J&K) received a grant of Rs 710 crore from the Central Government. The grant would enable completion of Pradhan Mantri Gram Sadak Yojana (PMGSY) projects, which are delayed because of issues in land acquisition.
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Mumbai’s Eastern Freeway opened
First phase of the Eastern Freeway of Mumbai city was inaugurated by the Maharashtra Chief Minister Prithviraj Chavan. The cost for the first phase of the Eastern Freeway is stated to be at Rs 847-crore.
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AAI sets up cell for PPP process
The Airports Authority of India (AAI) has set up a cell to execute PPP process to operate and maintain airports at Kolkata, Chennai and other aerodromes as the Union Civil Aviation Ministry is fast-tracking privatisation of management of the two major metro airports.
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Maharashtra frames PPP policy
The urban development department of the Maharashtra government framed a new policy in order to address issues, such as settling of claims and risk-sharing, arising out of delays in public private partnership (PPP) projects.
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Revised specification for road works
Union Minister for Road Transport & Highways released the fifth revision of the Ministry of Road Transport & Highways specification for Road and Bridge Works.
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Delay raises cost of rail projects
Owing to cost overrun, the cost of railway projects across the country has risen from Rs 36,930 crore to Rs 91,902 crore. This is around 148 per cent rise in expenditure or about Rs 55,000 crore, reports indicate.
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Bihar to build 50,000 km roads
Bihar government will construct a network of 50,000 km of roads in the next five years, said Rural Works Department Minister Bhim Singh. Presenting the annual report of his department, Singh said while 11 districts are covered under Pradhan Mantri Gram Sadak Yojana (PMGSY)