Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis
Tag: engineering
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Govt to adopt EPC model again for road projects
Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis
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Govt hopes to spend Rs 8,500 cr on roads via EPC mode
The Union Road Transport and Highways Ministry is likely to spend the unspent Rs 8,500 crore - raised by NHAI through tax-free bonds - if it gets clearances for award of projects through the engineering, procurement and construction (EPC) mode, the Ministry said on February 2.
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Experts urge oil firms to step up production
Experts and industry observers urge oil and gas companies to accelerate engineering and production activities in order to bridge the demand-supply gap in crude oil. The country depends on import for over 70 percent of its crude oil requirement and this puts huge pressure on India's import bill
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The bidding process is good for small, medium and large players
Banks’ new stipulation of 100 per cent land availability for highway projects, along with poor response from bidders and financial closure difficulties among concessionaires, have hampered the awards and implementation, says JN Singh, Member—Finance, NHAI, in an interview with Sumantra Das. Major reason behind this is the poor responses from the concessionaires and in some of our bids (about 7-8) we haven’t even find any bidder. Secondly, banks also are asking our 100 per cent land availability
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Aiming at larger business goals
A member of Institute of Chartered Accountants of India and an MBA from the Faculty of Management Studies, University of Delhi, Samir Ashta comes with over 26 years of rich experience in project finance, treasury, investment & risk analysis, accounting & taxation and policies & compliances. He has held several leader¡ship roles at large engineering, chemical and paint companies in India, including Escorts, ICI and Demag Cranes.
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Aiming at larger business goals
A member of Institute of Chartered Accountants of India and an MBA from the Faculty of Management Studies, University of Delhi, Samir Ashta comes with over 26 years of rich experience in project finance, treasury, investment & risk analysis, accounting & taxation and policies & compliances. He has held several leader¡ship roles at large engineering, chemical and paint companies in India, including Escorts, ICI and Demag Cranes.
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The marketing strategist
With over 20 years of experience in sales and marketing, Jayant Keswani heads the marketing function at Autodesk for India and SAARC region. Autodesk is a world leader in 3D design, engineering, and entertainment software.
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Suzlon expects $1-bn new orders every quarter
Suzlon Energy will focus on value engineering to remain competitive and has set a target of bagging $1 billion worth of new orders every quarter for the next few years.
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McNally Bharat Engineering: The golden years
MBE started in a small way in 1961 as McNally Bird in Kumardhubi in Dhanbad about 220 km from Kolkata, where it manufactured equipment for the coal and mining industry.