3i India Infrastructure Fund is looking for road projects to invest $1.2 billion that it raised for Indian infrastructure sector. Supreme Infrastructure BOT Holdings sold 49 per
Category: Roads & Highways
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Bengal to form highways authority for pvt investment
West Bengal's (WB) proÂposed state highways authority will work to attract private investment in road infrastrucÂture development, State Finance Minister Amit Mitra has said. The state government has proposed to create infraÂstÂructure through the PPP model.
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PPP in rural roads and infra is our aim in 12th Plan
As PURA gains momentum, rural roads are set to rope in private participation through 'bundling' the contracts-mainly, involving longer clusters of roads and of allied activities.
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The Market-Accessors
If rural roads act as connectors between highways and tolled for heavy vehicles, they can be made more viable. In several states, rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and the NABARD-financed schemes are new and inviting.
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Ro-Ro service works begin this month
Work on India's major ferry service for vehicles, cargo and passengers across the Gulf of Khambhat in Gujarat will start from January 25, according to Gujarat Maritime Board (GMB).The project will shorten the distance between Dahej in south Gujarat and Ghogha in Saurashtra region by close to 300 km.
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Kerala plans monorail project
The public works departÂment (PWD) has prepared a detailed project report on the Kozhikode monorail project.The 13-km monorail will be from the Medical College to Meenchanda.The project was expected to cost Rs 1,500 crore, according to the state PWD minster.
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ITDA builds 30 roads in tribal areas
The Integrated Tribal Development Agency (ITDA), Parvathipuram constructed 30 roads at a cost of Rs 15.20 crore in tribal areas under National Rural Employment Guarantee Act (NREGA. Around 35,000 tribals are expected to be benefited when all scheduled road works are completed in the district.
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Railways keen on PPP model for infrastructure
Railways is seeking the coÂoperation of the private sector for developing rail infrastructure in the country. For this purpÂose, Railways has framed pubÂlic-priÂvate participation (PPP) inveÂstment models for its exiÂsting as well as new projects. It has also drafted policy for priÂvate participation in rail connÂectiÂvity and capacity augÂmenÂtation projects.
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Farmers donate land for road
Villagers of Tentulia in Murshidabad, about 250 km from Kolkata, set an example by donating 5 acre of agricultural land to build a road. The road will connect Mahalandi with Tentulia. Villagers who do not possess land are trying to help by providing labour. Tentulia village under Mahalandi in Kandi was disconnected from the mainland because there was no road.
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Learn from highways to get processes right: Experts
If the nascent segment of rural roads must attract private participation to raise the quality bar,it needs to gain the confidence of the companies by doing its tendering processes right and offering government clearances upfront.Mahesh M Hiremath, COO, Karnataka Rural Roads Development Agency, one of the better state performers having upgraded nearly 15,000 km of rural roads to all-weather with an expenditure of Rs 3,371 crore under PMGSY.