The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.
Category: Roads & Highways
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Finding the Right Road
The moot question is whether good intent has been accompanied by careful planning.
It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.
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OSi uses bentley map to create an authoritative SDI
Ordnance Survey Ireland (OSi), Ireland´s national mapping agency, has developed a standardised, authoritative digital referencing framework that enables consistent referencing and integration of national data related to location.
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In this regime, roads have taken a quantum leap
The government is taking only the EPC cost as the DPR cost. They are not adding other things like interest on annuity or the interest difference when we do the financing of the project.
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7th Annual India Roads Conference 2015
The transformation of India´s roads seems to be a reality now. In February this year, the government pledged to invest Rs 80,000 crore in the sector in the Budget. And now the target is to award 10,000 km by March 2016.
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The New Road
We´ve chosen to focus on roads and highways development again this month, making it the cover story for two straight issues in a row. Now, that is surely an unusual situation!
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APM Terminals Pipavav is the first public private partnership in the sector
APM Terminals Pipavav currently has a capacity to handle up to 850,000 TEUs of containers, 4-5 million MT of dry bulk cargo, 2 million MT of liquid cargo and about 250,000 cars per year. We are currently in the midst of an expansion primarily to increase the container handling capacity from 850,000 TEUs to 1.35 mn TEUs a year.
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More than 36 PPP projects have been successfully launched
As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.
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Infrastructure project budgets may exclude land cost
The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their own projects without going through the time-consuming process of seeking the approval of the Cabinet Committee on Economic Affairs.
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Revised cost estimate for Rail-cum-Road Bridge across river Ganga at Munger
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for revised cost estimate amounting to Rs.2774 crore with Railway share as Rs.1247 crore and Ministry of Road Transport and Highways share as Rs.1527 crore for construction of Rail-cum-Road Bridge across River Ganga (14 kms) at Munger with a provision that the cost of land for road approaches may increase in future.