Will the proposed Dispute Resolution Bill enhance or stymie the negotiating power of infrastructure developers? While the Planning Commission has articulated a clear need for a new law that addresses the typical infractions that occur between public
Category: Roads & Highways
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Rescheduling is prejudicial to the exchequer
As someone who has withstood the pressure from the infrastructure sector on the question of whether contract renegotiation should be adopted as a norm, Gajendra Haldea, Adviser to the Deputy Chairman of the Planning Commission of India minces no words.
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The implementation will take some time
India seems to be prepared to take the step into energy efficient technology for waste water treatment, observes Jan Olsen, Director, Aeration Competence Centre (ACC), Siemens (Denmark), talking to Sumantra Das.
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A master of public projects
In his career spanning over 33 years, Suresh M Ramchandani, currently the Joint MD, Maharashtra State Road Development Corporation, has been associated with various organisations working on the infrastructure development with a pride of direct association with public projects. These include PWD, MMRDA, MSRDC, Uttrakhand State Infrastructure Development Corporation Dehradun etc.
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IIFCL to become sole lender to road developers
The Union Finance Ministry's decision to permit India Infrastructure Finance Corporation (IIFCL) to become the sole lender even at a pre-bid stage has been welcomed by road developers. However, the road developers stated that the exact impact will come to known only after the finer details emerge. The very fact that IIFCL can become the sole lender is a good decision. One of the key points is the project developer would not have to go to multiple banks.
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WB loan for rural roads
The World Bank has approved a loan of $500 million loan for road projects in the backward areas in India. The World Bank loan will focus on three low-income states - Rajasthan, Bihar and Orissa - and on less developed regions in Karnataka and West Bengal. The National Highways Interconnectivity Improvement Project.
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Highway soon to link India, Myanmar, Thailand
For smoother and faster movement of goods between India, Myanmar and Thailand a proposed highway is expected to be opened soon for traffic, the Union Government has announced. The Union Commerce and Industry Minister Anand Sharma said adding that the Indian government is presently working with the governments of Myanmar and Thailand.
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India, China sign MoU
India and China have recently signed a memorandum of understanding (MoU) for mutual benefit on roads and road transportation matters. The two sides have recognised the importance of roads and road transportation in the economic development process of each participant country, within their respective national policy framework.
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Port at Honnavar
A new port in Karnataka Honnavar has been planned by the state government at a cost of Rs 600 crore under public-private partnership (PPP) model.
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Nod to 4-laning of A bad-Yedeshi h way at Rs 2,406.63 cr
The Cabinet Committee on Economic Affairs has approved four-laning of the Aurangabad-Yedeshi section of National Highway-211 in Maharashtra. The road work will be taken up under the National Highways Development Project (NHDP) Phase IV on Build, Operate and Transfer (BOT-Annuity) in Design, Build, Finance, Operate and Transfer (DBFOT) pattern.