With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
Tag: Concession Agreement
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Reliance Infra arm receives Rs 2,950 cr arbitrary funds
Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Reliance Infrastructure has been awarded compensation of Rs 2,950 crore by a three member Arbitral Tribunal, a company statement said.
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One has to be vigilant… PPP will survive if users are happy
First of all, when we talk about a project, it is not only about the project but the risks associated with it. When it is an Indian investor, the risks are lesser in nature. However, a foreign investor comes in looking at a lot of other risk factors as well.
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Poor hinterland connectivity is affecting speedy cargo movement
Arvind Mahajan, Partner and Head-Infrastructure and Government Services, KPMG Advisory Services Private Limited, interacts with Janaki Krishnamoorthi on the constraints and issues that need to be addressed in the Indian port sector.
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Essar Ports enters into Concession Agreement with Visakhapatnam Port Trust for development of three iron ore berths
Essar Ports Ltd. (Essar Ports), part of the $39 billion Essar, today announced that Essar Vizag Terminals Ltd., a wholly owned subsidiary of the company, has entered into a Concession Agreement with Visakhapatnam Port Trust for development
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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
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JNPT reviews plan to split Rs 82 bn container terminal project
The board of trustees of the Jawaharlal Nehru port (JNPT) is considering whether to award the Rs 8,200 crore container terminal project by splitting it into two contracts or awarding it as a single contract. L Radhakrishnan, Chairman of the port, advocated splitting the project on grounds that developing the terminal through two competing partners by redesigning the p
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NHAI, IL&FS ink deal on Rs 16.6 bn road project
National Highways Authority of India (NHAI) signed concession agreement with IL&FS Transportation for a Rs 1,665 crore road project in Jharkhand and West Bengal. The contract involves six-laning of Barwa-Adda-Panagarh section of national highway (NH 2) and it would be executed by Barwa-Adda Expressway, a subsidiary of IL&FS Transportation
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ILFS arm signs pact with NHAI
According to a filing with the stock exchange, IL&FS Transportation Networks signed a Concession Agreement with National Highways Authority of India (NHAI) for four laning of Khed - Sinnar Section of NH-50 under Phase IV B in Maharashtra. The firm would execute the project on DBF
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Mormugao Port expects 17.3 mn t cargo in 2012-13
The Mormugao Port located in Goa, is a premier iron ore exporting port on the west coast of India. This port lies midway between the ports of Mumbai and New Mangalore.
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