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.
Tag: NHAI
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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,
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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
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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
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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
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Govt may give concessions to road developers
Government plans to give some concessions to financially strained highway project developers in order to fast-track execution of projects in the sector. It may be noted that the NHAI has been able to award contracts to build under 1,000 km of highways so far in 2012-13 compared to the revised target of 4,800 km in the entire financial
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Ministry dilutes stance on clearance for road projects
In a clarification to the Supreme Court, the union ministry of environment and forests informed that road developers need not secure clearance to begin work on that part of a highway project falling in non-forest areas. But one of the conditions imposed by the ministry is that if a highway was to pass through a patch of forest, the
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Partnership through duress
Our roads sector wants to go cool, and with good reason. Minister CP Joshi will be on Google Plus Hangout on 29 March; National Highways Authority of India (NHAI) has taken another step towards its private partners.
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Govt to extend concessions for stalled road projects
At a recent meeting between Finance Minister P Chidambaram and Road Transport Minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.
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NHAI and concessionaires must iron out issues keeping the spirit of PPP in mind
Recently, GMR Infrastructure and GVK Power & Infrastructure exited from two mega road projects (that they agreed to set up under public private partnership [PPP] model) citing delay in environmental clearances. While GVK withdrew from an around Rs 3,000-croreShivpuri-Dewas project in Madhya Pradesh, GMR abandoned its over Rs 6,000-croreKishangarh-Udaipur-Ahmedabad project.