Ajay Saxena of Asian Development Bank informed that government might consider proÂviding soft loans to developers of projects on public private partnership (PPP) basis if there is a shortfall in revenue.The government would provide the loan as per the draft rule on PPP projects on revenue support released by the Planning Commission.
Category: Roads & Highways
Post
Post
Do discoms need a bailout?
Experts debate how the franchise model in power distribution and Open Access will help or hamper the financial condition of state distribution companies.Excerpts from the 2nd Power Today Round Table.December’s Rs 500 crore bailout package announced by the Delhi Government to the Reliance owned discoms in that state has proved that it won’t just be the publicly owned ones that face financial crisis.
Post
Non-metro airports can be viable on PPP if govt pitches in funds: Experts
With city side development, can non-metro airports be made viable? Should non-aero activities be bid out separately? Experts tell us.Arun Chandran, Director Aviation & Project Management Services, Parsons Brinckerhoff India,currently engaged with projects at Delhi International Airport, Celebi, Maldives airport,support function at Hyderabad airport.
Post
Why a nice cooperative system isn’t working
Over the last three decades the industrial sector in India has reportedly quadrupled in size, no doubt providing several benefits. With World Water Day on 22 March, Janaki Krishnamoorthi explores why government efforts at creating cooperative wastewater treatment plants have failed, and explains why industries’ contribution in conservation will augment business opportunities.
Post
Connecting rural and urban India
A report on the 5th India Roads Conference held last month in Delhi.The National Highways Authority of India (NHAI), the National Rural Roads Development Agency (NRRDA) and the state road deveÂlopment corporations will be busy next year.
Post
Gammon gets NHAI project
Gammon Infrastructure Projects (GIPL) has bagged a Rs 1,684 crore project from National Highways Authority of India (NHAI) for widening Vijaywada-Gundugolanu section of National Highway in Andhra Pradesh. GIPL has got the order on BOT (Toll) mode.The project will be built on design, build, finance,operate and transfer basis.
Post
GQ projects by 2012
The Union government is expecting to complete the road work, taken up under the Golden Quadrilateral (GQ) projects, by December 2012.Work on four-laning and six-laning of roads has been completed in 5,829 km in the country.The work progress is being monitored closely by National Highways Authority of India (NHAI)and striving to speed up the work.
Post
IIFCL project advisory arm
India Infrastructure Finance Company (IIFCL) operationalised its wholly owned project advisory subsidiary.The new subsidiary IIFCL Projects Ltd will provide advisory services not only to project developers, but also to various state governments and organisations like the National Highways Authority of India (NHAI).This subsidiary will be involved from the initial stage of a project and up to the award of a project.
Post
IVRCL bags Haryana road proj
Haryana government awaÂrded Rs 1,201.70 crore order for four-laning a151 km stretch of a highway to IVRCL Assets & Holdings.The contract includes rehabilitation, up-gradation and widening of the existing carriageway to four-lane standards with construction of new pavement, rehabilitation of existing pavement, construction of bridges, drains, etc.
Post
EPE road project faces delay
The 135-km Eastern Peripheral Expressway (EPE) that is intended to link Haryana’s Palwal town with Uttar PraÂdesh’s Kundli, is facing further delay.While the cabinet committee on infrastructure and the Public Private Partnership Appraisal Committee (PPAC) approved toll rates on par with those on national highways and the Western Peripheral Expressway (WPE), the Road Ministry insists on charging 50 percent more.