PK Chandra, Whole Time Director & COO, McNally Bharat Engineering Co Ltd, comes with over 34 years of experience in various multinational and professionally managed companies located at Kolkata,
Category: Roads & Highways
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Banks shy of funding PPP projects in highways
Reports suggest that petroleum and natural gas and highways sectors witnessed maximum number of delayed projects owing to lack of funding or issues like statutory clearaÂnces.
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More conditions to get bank funds for road projects
The Union Finance Ministry has cited some suggestions as part of its attempts to improve the risk management practices of the public sector banks (PSBs) with regard to the roads sector.
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Govt to award 42 projects
The Union Minister of Shipping, GK Vasan informed that the government has set a target of awarding 29 PPP and 13 non-PPP projects involving capacity.
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Karnataka roads maintenance
Karnataka government is to take up road repairs and maintenance work every five years once instead of 15 years once that was in practice hitherto,
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NHAI to spend Rs 9,000 cr on projects
The National Highways Authority of India (NHAI) is likely to spend at least Rs 9,000 crore in construction of two-and-half lane highways and this would be a breather to highway developers who were facing acute equity crunch.
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Key railway PPP projects require Rs 800 bn
In order to implement various railway projects through PPP route, the sector may need investment of around Rs 80,000 crore.
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Another expressway in UP
Another expressway between Agra and Lucknow has been planned by the Uttar Pradesh Government, which implemented the Yamuna Expressway between Greater Noida and Agra.
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De-fragmenting the sector
The continually increased budget expenditure on the logistics sector, only 1 per cent of which is in the organised sector, has not borne fruit in cost reduction, so it’s time to recognise efficiency as the new theme to work towards,
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Why did we privatise?
Shantanu Bhadkamkar questions the purpose of attracting private participation and asks whether it has resulted in efficiencies and better logistics infrastructure