Project Update Aug 01, 2013 NHAI circulates list Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects.
Web Exclusive Jul 16, 2013 NHAI circulates qualification list of road developers Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects. The National Highways Authority of India (NHAI) has recently circulated the annual qualification list for 2013 for 61 bidders, including five for which the results were withheld primarily for some
Web Exclusive Jul 09, 2013 National Roads & Highways Summit - Opportunities, Issues & Solutions The Roads, Ports & Other Infrastructure Committee of PHD Chamber of Commerce & Industry organized the 'National Roads & Highways Summit- Opportunities, Issues & Solutions' on the 28th of June, 2013 at PHD House, New Delhi.
Policy Update Jul 09, 2013 PPP policy must aim to allot risks optimally Experts feel that the objective of the public private partnership (PPP) policy of the government should be to share the project risks optimally, rather than transfer them wholesale to the private sector. Experts and policy makers are debating the fate of PPP projects in the country in the wake of some private contractors exiting key infrastructure contracts like metro rail, highway etc
Web Exclusive Jul 08, 2013 Experts favour renegotiation of PPP contracts Some experts of the public-private partnership (PPP) model feel that the government must make provision for tweaking the contractual agreements in the course of a contract for mega infrastructure projects with a fairly long concession period. They argue that the initial projections or assumptions made by the concessionaire in case of a road or metro rail project may go wrong in the course of the concession period
Web Exclusive Jul 03, 2013 DAMEPL asked to bear debt till pact is terminated Sudhir Krishna, Secretary of the union urban development ministry informed that the Delhi Airport Metro Express (DAMEPL) will have to bear the debt till the concession agreement is terminated. DAMPEL is the joint venture between Reliance Infrastructure and Construccionesy Auxiliar de Ferrocarriles, SA (CAF) and it operates the metro rail corridor connecting Delhi airport. The joint venture firm recently submitted termination notice to Delhi Metro Rail Corp
Web Exclusive Jun 04, 2013 Delhi CM asks Ambani to supply power round-the-clock The Delhi Chief Minister Sheila Dikshit has asked Anil Ambani, Chairman of Reliance Infrastructure, which runs two power distribution companies, to take steps to 'rectify' the power outage problem in the city and ensure round-the-clock electricity supply. The Delhi CM is worried about the long power outages, especially before the assembly polls. In a letter to Ambani, Dikshit said the power supply by BSES Yamuna Power (BYPL) and BSES Rajdhani Power (BRPL)- has worsened in the city contrary to ex
Web Exclusive May 16, 2013 Power biz, toll roads help R Infra to gain Rs 726 cr net For Reliance Infrastructure, higher volumes and tariff growth in its electricity business, besides eight of its toll roads generating revenues helped to post a 76 per cent rise in net profit at Rs 726 crore (Rs 411 crore) for the quarter ended March 31, 2013. However, revenues were down to Rs 6,187 crore (Rs 7,135 crore).
Web Exclusive May 15, 2013 Net profit of R-Infra rises 76% During Jan-Mar 2013, the net profit of Reliance Infrastructure (R-Infra) grew a whopping 76 per cent to Rs 725 crore from Rs 411 crore in the year-ago period. However, the firm's total income from operations declined 15.3 per cent to Rs 6,187 crore from Rs 7,135 crore in the same quarter of 2011-12. The decline in incom