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There is a need for the regulator to get more teeth

There is a need for the regulator to get more teeth

Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.

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NHAI to rework on model concession agreement

NHAI to rework on model concession agreement

The National Highways Authority of India (NHAI) plans to rework the model concession agreement (MCA) for highway projects that was redrafted just three years back after road developers sought changes to the model agreement amid a slowing economy. NHAI had asked developers, lenders, consultants and industry bodies to give their feedback on the current model concession agreement in the context of the changed economic scenario, said a senior official at NHAI.

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Govt to bring changes in toll collection rights

Govt to bring changes in toll collection rights

Developers involved in widening four-lane roads to six lane may have to wait till the completion of the projects before collecting toll. The Union Road Transport Ministry is planning to rewrite the Model Concession Agreement (MCA) that allows them to collect toll.

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Phase it: The fourth is a challenge

Phase it: The fourth is a challenge

Highways will continue to be sluggish until the unattractive Phase IV projects are completed. With the road sector is poised to undergo a further change in the coming years, the industry as a whole, needs to continue tapping the advantages of road transportation more efficiently and optimally than ever before, writes Bhavik Damodar. The road transportation sector continues to struggle to cater to the countryÂ’s size and widely spread consumption hubs.

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Wanted: Double-engine pull!

Wanted: Double-engine pull!

The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.