The consultant evaluation committee for the greenfield six lane access controlled Agra to Lucknow expressway project has finalised consultant for the project. At a meeting headed by Infrastructure & Industrial Development Commissioner (IIDC) Anil K Gupta, the com
Category: Roads & Highways
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Bridge on pillers for Kochi Marine Drive Phase II
In Kochi, the much-hyped second phase development of the Marine Drive by the Greater Cochin Development Authority has hit an environmental road block. Since reclamation of the backwaters is not possible due to CRZ norms, the GCDA is now looking at constructing the road from Goshree Island Development Authority land near the High Court, to Varappuzha container road, on pillars erected in the backwaters, thus avoiding reclamation.
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Infrascape 2013 | PPP is the way forward
Realising the importance of nation building, our planners and policy makers are targeting a whopping US$ 1 trillion of infrastructure investments durÂing the XII Plan period. With the combined Central and State deficit at over ~11 per cent of GDP, and national debt at close to 90 per cent of GDP, government finances are seveÂrely constrained.
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Tight liquidity scenario and toll non-compliance governed the road sector performancey
As against the target of 9,000 kms, during the first six months of 2012-13, NHAI managed to award only six projects. These six projects incÂluded two large-scale projects – Mega Maharashtra Highway (484 kms; Amravati-Jalgaon-Gujarat) and WalajÂahpet PoonÂamallee (93 kms). However, these projects were bid out at seemingly aggressive prices.
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Infrascape 2013 | Beginning of the infrastructure boom
IndiaÂ’s infrastructure has been improving slowly but steadily over the recent years. Infrastructure sector growth in India has been on the rise in the last few years due to several reasons and it has given a major boost to the countryÂ’s economy. Initiatives: The infrastrÂucture sector was one of the thrust areas in the Union Budget 2012-13,
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Infrascape 2013 | Great opportunity in 2013
Most of the contracts in the Infrastructure sector are long lead time projects with significant investments. WhicÂhever customer of ours in these industries that we speak to, they all have experienced the effects of overall economic slowdown and the difficulty in getting funds for these projects. Larger projects such as in the power sector or in the road construction have continued to face problems in land acquisition and obtaining all the governmental clearances.
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Importance of PPP for Indian Railways
With the Indian Economy still being in growth trajectory, the country faces acute gridlock in its rail transport. The massive upgradation and expansion of railways is not only critical input needed to stay at the desired growth but the act of massive investment in railways itself will be a propellant for further uplifting the inclusive growth of the economy, writes Mohit Sinha.
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Felicitating industry leaders
Over the last fiveyears there has been increased private sector participation in infrastructure via Public Private Partnerships (PPP), and as an objective but active participant in documenting this growth, Infrastructure Today established the InfrasÂtructure Today Awards in collaboration with KPMG. It is our endeavour to applaud and recognise partners in the nationÂ’s growth through partnerships, a mode that has caught the fancy of the nationÂ’s policymakers, owÂners and developers.
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Vizag to implement ` 20 billion worth projects through PPP route
Ajeya Kallam, Chairman of Vizag Port informed that the port expects to complete Rs 2,000 crore worth of capacity augmenting projects through public-private partnership mode by 2015-16.
Through these projects, the port authority plans to raise its cargo handling capacity to 140 million tonne from the present 66 million tonne. Of the nine projects, the port has already taken up six under the PPP mode with an investment of Rs 1,500 crore, he said.
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Leading firms eye ` 211.4 bn rail corridor project
Leading infrastructure companies like L&T IDPL, Gammon Infra, IL&FS Transportation, GMR Infra, CAF South Africa are eyeing the Rs 21,147-crore Mumbai elevated rail corridor project.The railways seeks to implement the 60-km corridor project on public private partnership (PPP) basis and would invite bidding for the same in a few months. Reports suggest that the railways would close the first round by March-end, when the bidders would submit requests for qualification (RFQs). The successful bidder