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.
Category: Roads & Highways
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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. Ă´Public-Private PartnershipĂ´ (PPP) has been a relatively flourishing model for infrastructure development in India.
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CNG buses from Kochi to nearby districts
1,000 CNG-powered buses that will be based in Kochi as announced in the stateĂ´s budget are expected to replace as many buses that will be pulled out of service over a five-year period from the Kerala State Road Transport Corporation (KSRTC).
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Land acquisition blues for Whitefield Metro link
Namma MetroĂ´s eastern extension, a 15.5-km line from Baiyappanahalli to Whitefield under Phase II, is seeing rather slow progress. The Bangalore Metro Rail Corporation Limited (BMRCL) is still in the process of acquiring all the identified properties, which is crucial for road-widening and civil work on the stretch to begin.
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Delhi-Jaipur CNG Highway commences
Clean fuel in the form of CNG is now available for vehicles plying from Delhi to Jaipur Highway through the CNG Station at Neemrana and Kukas (near Jaipur) after Rajasthan State Gas Limited (RSGL) started commercial sales on trial run from 26th June through its Mega CNG station at Neemrana, the company said in a statement.
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E-tolling on state highways soon
The Electronic Toll Collection (ETC) being rolled out to remove bottlenecks, ensure seamless movement of traffic, and collection of user fee through RFID on the national highway corridors is to be extended to state highways.
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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Need to blend solutions locally
We are active in India since April 2012 when we signed the operation and maintenance contract for the Hyderabad Metro Rail with L&T, which is involved in construction of three lines of 73 kilometres under the public-private partnership (PPP) model for the past four years