A shining example of success, NTPC Ltd won PMI India´s Best Project of the Year award. The award was for exemplary use of project management techniques to complete 5MWp grid-connected solar PV plant in Port Blair in record time.
Tag: EPC
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Project smart
The recommendation by the Japan International Cooperation Agency (JICA) to the Maharashtra state government to add two more lanes to the Mumbai Trans Harbour Link project is not only a simple and logical recommendation but also a necessary one.
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Shriram EPC wins orders worth Rs.430 cr
Shriram EPC has bagged contracts worth over Rs.430 crore. Of this, it had received a road contract worth Rs.301.05 crore from Chhattisgarh for executing road works of 50 km under the NHDP-IV on EPC to be completed over 24 months
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IL&FS Engineering bags Rs.52.4-cr GAIL contract
IL&FS Engineering and Construction Company Ltd has received the Letter of Acceptance (LoA) from Gas Authority of India Ltd (GAIL) for laying and construction of a pipeline along with associated works for a pipeline replacement project in Gujarat.
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Metro Rail – A watershed year for metro?
The unfolding year is expected to usher in a number of positive developments in the sector. The onus now is on effective execution. With a number of metro projects lined up for construction or operational launch in 2016
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Roads & highways – The road ahead: Challenges and possibilities
While the focus is on sprucing up national and state highways, and rightly so, the government must not forget about city, district and rural roads that need to be upgraded to address the burgeoning traffic.
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Vox Pop – Prospects galore
The year 2016 seems promising for the ailing infrastructure sector, but it needs to be driven by proactive action.
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Hit by the HAMmer
The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.
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In this regime, roads have taken a quantum leap
The government is taking only the EPC cost as the DPR cost. They are not adding other things like interest on annuity or the interest difference when we do the financing of the project.
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Ashoka Buildcon, Bhartia Infra consortium bags road project
Ashoka Buildcon Ltd along with Bhartia Infra Projects Limited (consortium) had bid for the project viz. two laning of Pasighat - Mariyang - Yingkiang (NH 513) from Singer river to Sijon river section 19.880 km to 43.257 km (length 23.777 km) in Arunachal Pradesh under Arunachal Pradesh package of SARDP-NE on EPC basis issued by National Highways Infrastructure Development Corporation Limited (NHIDCL).