The recent death of Gopinath Munde in a road accident was a great tragedy. However, it did not come as a great shock to anyone familiar with the state of Indian traffic and roads.
Tag: NHAI
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The government has taken several initiatives to enhance port capacity
Janardhana Rao, Managing Director, Indian Ports Association, speaks to Janaki Krishnamoorthi about the reforms underway in major ports.
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50 stalled projects to be on fast track
Union Mininster for Roads, Nitin Gadkari said the roads ministry would work on reviving the 50-odd stalled projects in the country, resolve the problem of cost escalation due to late approvals, and settle disputes through methods like the NHAI's dispute resolution mechanism.
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GVK faces action over road project
The National Highways Authority of India (NHAI) has served showcause notices for termination and debarment on GVK Transportation for failure to mobilise the needed money for the Rs 2,815-crore Shivpuri-Dewas project in Madhya Pradesh. The company was awarded the project in January 2012.
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Prime Minister, please
By the time this issue reaches your hands, the new government would have taken over. Which are the burning issues in the infrastructure space that have to be tackled on an urgent basis?
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Rajasthan to set up regulatory body for roads
To enhance the state's road network, the Rajasthan government will set up a regulatory body on lines of National Highways Authority of India (NHAI). The authority will be mandated to oversee the road construction and get the necessary approval for the concessionaire.
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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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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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IDFs are the best route to refinance existing projects
Sadashiv Rao, Chief Risk Officer, IDFC Ltd tells Rahul Kamat that IDF-NBFC is a safer route compared to IDF-Mutual Fund, as in the latter, the fund manager can invest in any project (under construction) which will have risk involved in it, and investors may not like to invest in high-risk projects.
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A tale of two Bills
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.