In order to make the Indian infrastructure sector viable and capable, the CII has recommended on some key policy issues. The Industry body has sought that these recommended key steps will give a fillip to investment in the sector.
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NHAI to empanel agencies for traffic audit
National Highway Authority of India (NHAI) wants the concessionaire of the Gurgaon expressway project to remove one of the toll plazas at the expressway in order to avoid traffic snarls.
GVK may seek recast of premium payment for 330 km project
GVK Power & Infrastructure may request National Highways Authority of India (NHAI) to reschedule its premium payment for a highway project in Madhya Pradesh. Media reports suggest that the company may submit a proposal to the NHAI on the lines of infrastructure major GMR Infrastructure
Planning Commission faces flak for delays in road sector
Planning Commission has reportedly been criticised by members of the parliamentary committee on road transport for causing delay in decision making by NHAI and the Union Highways Ministry by raising objections to contract conditions.
Project finance: Time for calculating the risks
Employing probabilistic risk models could provide an objective basis of evaluating and tracking risks as they wax and wane through the project stages. Infrastructure projects are all about taking calculated risks, but before taking the risks, one needs to calculate them well,
Policy: A welcome move, but
We should guard against the risk of viewing the mere constitution of a regulator as a panacea for all the problems facing the sector, writes S Nandakumar.
Roads: Opportunity for new players?
The need of the hour is positive policy making from government while private sector should contribute by innovation and informed risk taking,
Plan panel differs on powers of the proposed road regulator
Recently, an inter-ministerial meeting was held for the first time to discuss the proposal to set up a regulator for the road sector. The meeting was attended by the officials from the finance ministry, the law ministry and the National Highways Authority of India (NHAI). During the meeting, Planning Commission expressed strong reservations over giving the proposed regul
KMRL hopes to implement project as per schedule
Elias George, Managing Director of Kochi Metro Rail (KMRL) expressed hope that there would not be any delay in implementing the metro rail project and it would stick to the schedule. The implementing agency also said that National Highway Authority of India (NHAI) already gave an in-principle approval to carry out construction of the Metro on th
NHAI wants CAG to advise on changing concession agreement
National Highways Authority of India (NHAI) has sought advice from the Comptroller and Auditor General (CAG) on how to modify the concession agreement for the stalled project to widen the Kishangarh-Udaipur-Ahmedabad highway to six lanes. NHAI Chairman RP Singh wrote a letter to CAG Vinod Rai asking the latter to deliberate on modification of th

