Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.
Category: Roads & Highways
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Gaining momentum
The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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From thought to action
If the change in governance at the Centre last year brought reason to cheer, the first year of the NDA governmentĂ´s rule also showed that intent alone was never going to be enough.
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Eventful journey ahead
After a hiatus in 2014, there are emerging signs of takers for PPP projects in some of the sectors, including ports. Baring some shortcomings, PPPs have achieved resonable success rate. However, it is too early to say that they have been a grand success.
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The Ă´dirtyĂ´ task
Though the Ă´Swacch Bharat AbhiyanĂ´ has been gathering steam, the litmus test is the on-ground execution of the elaborate plans and proposals. Collective responsibility is the key to success.
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Need to focus on projects which are remunerative
Sunil Srivastava, Managing Director, Balaji Railroad Systems Ltd, comments on the dismal state of the Indian Railways, delayed projects, and the governmentĂ´s role in improving the sector.
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At the high port
With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015
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Bengal theme cities: bidding in October
Tendering for the first Ă´smart, theme cityĂ´ project of the West Bengal government is expected to begin next month. Of the six proposed cities, bidding process will begin with the one at Baruipur (some 30 km west of Kolkata). Baruipur is being themed as a senior citizenĂ´s city.
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Infra firms pitch for regulator to monitor PPP projects across sectors
Infrastructure players have pitched for a neutral regulator to look into issues in public-private-partnership (PPP) projects. They highlighted this to the Vijay Kelkar Committee that is looking into Ă´revisiting and revitalising the PPP model of infrastructure developmentĂ´