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.
Tag: MORTH
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Govt to award 10,000 km of NH for development
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.
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Gaining momentum
The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.
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Land acquisition and MOEF clearances have held up projects
Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.
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Move afoot to beef up logistics efficiency
In a bid to improve India´s road logistics, the Ministry of Road Transport & Highways (MoRTH) is implementing a Logistics Efficiency Enhancement Programme (LEEP)
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DPR of Itanagar-Banderdewa highway project cleared
The proposed Itanagar-Banderdewa four-lane highway whose detailed project reports (DPRs) were pending with the Union Ministry of Road, Transport & Highway (MoRTH) was put on fast track at a high level meeting chaired by Union MoS for Home Affairs Kiren Rijiju in New Delhi.
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“We are likely to exceed 5000 km of road length awarded by December 31, 2014”
Vijay Chhibber, Secretary, Ministry of Road Transport and Highways shares his views on the status of pending projects, the financing of projects and the much talked about Road Safety and Transportation Bill
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Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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Seeking Stable Ground
From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.
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CCEA approves empowerment of MoRTH
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, gave its approval to the Ministry of Road Transport and Highways