Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
Maharashtra mulls EPC model
The Maharashtra government considers a proposal to award the Rs 9,360-crore Mumbai Trans Harbor Link project on engineering procurement construction (EPC) model. The state government is considering EPC model after three failed attempts to award it under build-operate-transfer (BOT) route.
Federation suggests ports to avoid PPP projects
Water Transport Workers Federation urged the Chennai Port to develop the proposed mega container terminal of its own instead of awarding the project to a BOT or PPP (public private partnership) operator. This is one of the demands made by the federation in its representation submitted to the Union Shipping Secretary recently. The other demands include full budgetary support for the development of the outer harbour project at VOC Port
AP govt takes steps for right of way to metro project
Andhra Pradesh government is taking efforts to give right of way for the elevated Hyderabad Metro Rail project being executed by Larsen and Toubro. The state government is taking steps to shift utilities such as water lines, sewer lines, electrical overhead lines and underground cables, electrical poles, street lights, advertisement boards
NHAI to award 4,000 km of roads in FY14
The National Highways Authority of India (NHAI) plans to award up to 4,000 km of roads through EPC (engineering, procurement and construction) contracts in 2013-14, largely to overcome the funding issues in the BOT –– build, operate and transfer –– contracts. The authority still has to chart a plan for the BOT segment that generated a meek response from the companies.
Slowdown hits NHAIÂ’s projects
The National Highways Authority of India (NHAI) awarded a whopping 49 projects totalling 7,500 km last fi nancial year. But this fi scal, in the fi rst six months, the authority has managed to award just four projects measuring 560 km. NHAI attributes this situation to eco-denomic slowdown. Infrastructure companies, who grabbed every road project on offer last fi scal, are now not showing interest to take up these projects. None of the projects awarded last fi scal was on engineering, procuremen
Gammon gets NHAI project
Gammon Infrastructure Projects (GIPL) has bagged a Rs 1,684 crore project from National Highways Authority of India (NHAI) for widening Vijaywada-Gundugolanu section of National Highway in Andhra Pradesh. GIPL has got the order on BOT (Toll) mode.The project will be built on design, build, finance,operate and transfer basis.
Connecting rural and urban India
A report on the 5th India Roads Conference held last month in Delhi.The National Highways Authority of India (NHAI), the National Rural Roads Development Agency (NRRDA) and the state road deveÂlopment corporations will be busy next year.
APSEZ to develop Kandla terminal
Adani Ports and Special Economic Zone (APSEZ) has received the letter of intent from the Kandla Port Trust (KPT) to set up a dry bulk terminal at the Kandla Port on BOT basis.The company has emerged as the highest bidder on revenue share basis and has been awarded the concession in a competitive bidding scenario.