We expect better prospects for roads and power sector, provided proper support is available from government by way of single window clearances, says M Narendra, CMD, Indian Overseas Bank,
Category: Roads & Highways
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Budget 2013: Industry reactions
Budget 2013 has been an impetus for infrastructure sector. Industry leaders welcomed the various progressive measures taken in the budget.
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A success story in demolitions
It's twilight on a rather cold day in late November as work grinds to a halt on the Pakuria Bridge. Or whatever is left of it. Since demolition work began on the 1-km bridge some four weeks ago, 30 of the 32 spans of the bridge, each spanning 26 m,
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5th KPMG-Infrastructure Today Awards 2013
"Infrastructure is the game-changer for India if we get our act right," says Kamal Nath, while addressing the top public and private sector organisations at the event.
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Rail Budget proposes Rs 633.6 bn plan outlay
An outlay Rs 63,363 crore has been proposed for 2013-14 Rail Budget which will be financed through Gross Budgetary Support of Rs 26,000 crore, RailwayÆs Share in Road Safety Fund of Rs 2,000 crore and internal resources of Rs 14,260 crore. Highlighting the
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Infra firms seek simplified approval process
Players in the infrastructure sector urge government to simplify approval process for key projects especially in the road, mining and port segments. Highway developers suggest single-window clearance for mega road projects in order to ensure timely implementation
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Govt to extend concessions for stalled road projects
At a recent meeting between Finance Minister P Chidambaram and Road Transport Minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.
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Budget 2013-14 Reaction: Dr. Suresh Surana, Founder, RSM Astute Consulting Group
The significant thrust on "Road Infrastructure Projects" by offering various fund raising options to the industry and also an indication that 3000 kms of road projects in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh will be awarded in the first six months of 2013-14 is a very welcome initiative.
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Gurgaon’s seven key roads to get facelift
Estimates for massive makeover of seven roads in Gurgaon city has been finalised by the Haryana Urban Development Authority (HUDA) and the the work will start in May. The decision to rework the roads was taken after carrying out an onsite survey three months ago.
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Express way to decongest Delhi roads, Rs 621 cr cleared
The Delhi Cabinet has cleared Rs 621 crore for acquiring land for the eastern and western peripheral highways project to de-congest DelhiÂ’s roads by diverting inter-state traffic not destined for the Capital. Land acquisition cost has gone up from an initial Rs 844 crore, estimated in 2007, to almost Rs 2,500 crore.