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 incĂÂluded two large-scale projects Ăâ Mega Maharashtra Highway (484 kms; Amravati-Jalgaon-Gujarat) and WalajĂÂahpet PoonĂÂamallee (93 kms). However, these projects were bid out at seemingly aggressive prices.
Category: Roads & Highways
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Infrascape 2013 | Beginning of the infrastructure boom
IndiaĂâs 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 countryĂâs economy. Initiatives: The infrastrĂÂucture 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. WhicĂÂhever 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 InfrasĂÂtructure Today Awards in collaboration with KPMG. It is our endeavour to applaud and recognise partners in the nationĂâs growth through partnerships, a mode that has caught the fancy of the nationĂâs policymakers, owĂÂners 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
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IDFC eyes stake in Gurgaon expressway project
Infrastructure Development Financial Company (IDFC), which is one of the lenders for the Delhi-Gurgaon expressway project, is in the process of picking up stake in the project, reports suggest
The concessionaire of the project-- Delhi-Gurgaon Super Connectivity (DGSCL) --can reduce its share from 100 percent to 26 percent two years after tolling starts and has to report to NHAI in such case, according to an agreement with NHAI.
IDFC is the lead financial institution in a consortium of lenders
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Ongoing railway projects need ` 1.47 trillion
Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu
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Ongoing railway projects need ` 1.47 trillion
Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu