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.
Tag: Construction
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Govt to award 10,000 km of NH for development
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Skilling construction in India
The Skill India initiative is expected to take a while before some measurable outcomes would be evident. The issues are connected with skill building and span across sectors. There has been a long overdue need to undertake measures to bridge
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Privatisation of airports has transformed airport experience
Paramprit Bakshi, Associate General Manager, CAPA, opines that for the aviation industry to gain momentum, a transition from ad-hoc decision making to a rule-based operating environment is a pre-requisite.
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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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Warehousing sector is one of the major demand drivers for PEB
The PEB industry has evolved from catering to applications such as warehouses, fuel stations, factories, workshops, etc., constructed in the initial phases of the industry to include highly complex buildings such as shipyards, metro stations
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Organisations are realising the need for structured project management
Airport infrastructure and operation involve various stages from concept, design, quantity estimates costing, financial close, pre-construction activities (land acquisition, removal of encumbrances), EPC (Engineering, Procurement
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Modernising Mumbai Airport
The biggest challenge, says L&T, was to construct the terminal amidst a fully operational airport. L&T was awarded the mandate as the main contractor to plan, design, engineer, procure, construct, test and commission the new Terminal 2
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Expansion joints: a must in every construction
The term expansion joints refer to the isolation joints provided within a structure to permit the separate segment of the structural frame to expand and contract in response to temperature changes without adversely affecting the structural integrity or serviceability.
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Awarding of road projects
A new mode of delivery under public-private partnership (PPP) mode, namely Hybrid Annuity Model, is being considered for awarding road projects for implementation, Pon Radhakrishnan, Minister of State for Road Transport & Highways, said.
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100% stake sale cleared in BOT projects
The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.