Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of IndiaÂ’s policy towards infrastructure deveÂlopment.
Category: Roads & Highways
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Tariff Authority for Major Ports should be abolished
Differential tariffs for major and minor or private ports will have a debilitating impact on investment in major ports such as JNPT, says L Radhakrishnan, Chairman, JNPT, in an interview with Janaki Krishnamoorthi. Over the years, the Indian ports sector has witnessed structural changes, with state monopoly gradually giving way to greater private sector participation in port investÂment.
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Bankers to lend `8.3 bn for `11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karnataka. HCTL is a special purpose vehicle (SPV) formed to undertake the Hospet- Chitradurga road project by Ramky Infrastructure. The consortium of bankers comprises Axis Bank, IDBI Bank, Bank of India, IIFCL, State Bank of Hyderabad, State Bank of Patiala, State Bank of Travancore, Central Bank of India and Oriental Bank of Commerce, Ramky Inf
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Pune Road Devlopment
To develop a road network of 24,569 km in Pune division comprising Pune, Satara, Sangli, Solapur and Kolhapur districts, the Pune Divisional Commissionerate has sought Rs 2,500 crore from the central and the state governments. The commissionerate has also sought around Rs 800 crore for repair of roads.
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Slowdown hits NHAIÂ’s projects
The National Highways Authority of India (NHAI) awarded a whopping 49 projects totalling 7,500 km last fi nancial year. But this fi scal, in the fi rst six months, the authority has managed to award just four projects measuring 560 km. NHAI attributes this situation to eco-denomic slowdown. Infrastructure companies, who grabbed every road project on offer last fi scal, are now not showing interest to take up these projects. None of the projects awarded last fi scal was on engineering, procuremen
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Bihar Road Projects
In the last seven years, Bihar has built a total of 15,052.57 km of roads in the state and now one can travel from any district headquarters to the state capital within six hours except for far flung Kishanganj district. Bihar Chief Minister said that 35 km of roads are built everyday in the state.
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Rajasthan Road Project
For Rajasthan, the Union Government is likely to approve a Rs 4,355-crore project for construction of 1,300 km roads, Union Minister for Road Transport and Highways, CP Joshi, said. The construction of 1,869-km long roads in the state was completed at a cost of Rs 12,000 crore and work on an additional 1,243-km is underway, he said at a function in Jaipur.
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Bitumen-free joint filler
The construction accessories division of Supreme Industries has developed customised solutions speÂciÂfically for the construction requirements of various segments. DURAboardHD100 (formerly SILflex/Capell HD100) is an exclusive compressible filler board specially designed to be used as expansion joint filler in concrete brick, block work and isolation joint, where readily comÂpressible low load transfer joint filler is reqÂuired. Its exceÂllent recovery property makes it the most suitable produc
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Better road traffic management
Variable Massages Signs (VMS) by Microprocessador Sistemas Digitais, SA Portugal give travellers information about special events. Such signs warn of traffic congestion, accidents, incidents, weather and road conditions information, roadwork zones or speed limits on a specific highway segment. They may also ask vehicles to take alternative routes, limit travel speed, warn of duration and location of the incidents or just inform of the traffic conditions.
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Boosting road quality
Ooms India, a subsidiary of a Dutch multinational company with 100 years history, is one of IndiaÂ’s major processor of SBS Polymer Modified Bitumen (PMB), CRMB and Asphalt Reinforcement Interlayer (ARI) including GlasGrid and SAMI. With plants located at Chennai, Mumbai and Kosi (Mathura), OomsÂ’ PMB has been used for construction of international airports of Bangalore, Hyderabad and Delhi, Formula 1 race Track, Bandra-Worli Sea Link and hundreds of kilometres of roads all over India. OomsÂ’ PMB h