The Highways Bill could represent the first major step taken by the government towards the creation of an independent authority with the power to cut delays and streamline the project approvals processes, thereby addressing major problems faced by the Indian roads and highways industry today and potentially opening up huge private investment, writes Aakanksha Joshi.
Tag: MORTH
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Still a distant dream?
The establishment of the road regulator, as was announced in the 2013-14 Union Budget, might take place only after the elections. While many industry players want a regulator to be set up, what will the entity finally look like? Rahul Kamat takes a peek at the current trends.
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What lies ahead?
The Indian infrastructure sector has been snowed under unfavourable macroeconomic variables and project level stress over the past couple of years. The slowing economy had an adverse impact on the transportation sector, particularly the projects in the early ramp-up stage.
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Govt removing hurdles in road projects
The Cabinet Committee on Investment (CCI) was informed that some of the bottlenecks identified by the Ministry of Road Transport and Highways (MoRTH) for the fast-track implementation of National Highways Development Project
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Cost escalation ruins infra firms' hope
The rising finance cost has eaten into the profit margins of major infrastructure firms in the first half of the current fiscal year. Infrastructure companies have witnessed a sharp increase in their finance cost during April-September 2012. An analysis of the financial statements of 16 infrastructure firms shows financial cost going up because of huge debt, tight monetary policy and high risk perception.
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Boosting road quality
Ooms India, a subsidiary of a Dutch multinational company with 100 years history, is one of IndiaÂ’s major processor of SBS Polymer Modified Bitumen (PMB), CRMB and Asphalt Reinforcement Interlayer (ARI) including GlasGrid and SAMI. With plants located at Chennai, Mumbai and Kosi (Mathura), OomsÂ’ PMB has been used for construction of international airports of Bangalore, Hyderabad and Delhi, Formula 1 race Track, Bandra-Worli Sea Link and hundreds of kilometres of roads all over India. OomsÂ’ PMB h
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6,500 km road contract awarded by NHAI during FY2011-12
8 Projects of 1144 kms were on bid on the 28th and 30th of March 2012. Seven projects got premium and in the remaining one case, the quoted amount was much lower than the expected bid. These bids gave a NPV saving of Rs 6451 Crores.
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4th Annual India Roads 2011: Cost Cannot Determine Safety
The 4th India Roads Conference 2011 (29-20 June) drew the attention of top industry houses, policymakers and independent consultants, researchers and analysts. With a potent and topical theme (road safety),
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Expertspeak: Engineering measures for Forgiving Roads
It is only recently that concrete recommendations have been accepted by MORTH for enforcing safety measures.