The NHAI is identifying highway projects connecting export hubs with port cities. The government has already identified industrial corridor Delhi-Mumbai, Amritsar-Kolkata, Chennai-Visakhapatnam and Chennai-Bengaluru to connect the hinterland with the ports.
Category: Roads & Highways
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Mandaviya takes over as MOS
Mansukh Lal Mandaviya has assumed the charge of Minister of State, Ministry of Road Transport & Highways and Shipping from July 11, 2016. He is a BJP MP (Rajya Sabha) from Gujarat.
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DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.
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Work on Bengaluru-Mysuru highway by DEC
Work on the 60-m wide 10-lane Bengaluru-Mysuru expressway project is expected to begin by December. The government has completed acquiring 2,200 acres needed for the project, and only compensation remains to be paid. The expressway will cover a distance of 118 km, with six bypasses.
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Govt constructing 73 roads along Indo-China border
Altogether 73 roads having operational significance along Indo-China border will be constructed by 2020, Minister of State for Home Kiren Rijiju informed the Lok Sabha. Out of these 73 roads, 46 roads are being constructed by Ministry of Defence and 27 roads by Ministry of Home Affairs.
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NHAI is executing nearly 205 highway projects
The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.
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Govt signs MoU for Samruddhi Corridor
The Maharashtra government has signed a memorandum of understanding (MoU) with Malaysia-based CIDB Holdings for Nagpur-Mumbai Samruddhi Corridor. It is expected that the CIDB Holdings will invest sizable amount of funds from Rs.10,000 crore to Nagpur-Mumbai Samruddhi Corridor worth Rs.30,000 crore.
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Risk allocation wholly skewed against private sector
Vinayak Chatterjee, Chairman, Feedback Infra feels that the country has failed miserably on regulation, renegotiation, risk allocation and resourcing. He says that a comprehensive policy framework, including independent regulation, is required to make the PPP concept a success.
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The Great PPP Conundrum
The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit
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Revisiting Dispute Resolution Mechanisms
The private sector brings with it the benefit of private funding of the projects and efficiency of operations. ´Public-Private Partnership´ (PPP) has been a relatively flourishing model for infrastructure development in India.