Large players will continue to opt for BOT model as it provides reasonable return over long gestation period, says Sudhir R Hoshing, CEO (Roads), Reliance Infrastructure, in an interview with Sumantra Das. The National Highways Authority of India (NHAI) has come a long way in the manner in which its roads are managed. From bringing transparency in bidding process through on-line bidding to taking steps to expedite approval and clearance process,
Tag: NHAI
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The bidding process is good for small, medium and large players
Banks’ new stipulation of 100 per cent land availability for highway projects, along with poor response from bidders and financial closure difficulties among concessionaires, have hampered the awards and implementation, says JN Singh, Member—Finance, NHAI, in an interview with Sumantra Das. Major reason behind this is the poor responses from the concessionaires and in some of our bids (about 7-8) we haven’t even find any bidder. Secondly, banks also are asking our 100 per cent land availability
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Electronic toll collection will reduce commute time
ETC at toll plazas with interoperability can help reduce peak-hour congestion on urban highways with faster automated toll collection, writes Girish Shirodkar. The Punjab & Haryana High Court opened a new chapter in the Indian infrastructure story, when on September 4, 2012 it forbade toll collection on the busy Delhi-Gurgaon expressway for a period of 15 days, later extended till September 30. Toll collection was restored on October 1 in non-peak hours and on October 8 in peak hours. This is th
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Bankers to lend `8.3 bn for `11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karnataka. HCTL is a special purpose vehicle (SPV) formed to undertake the Hospet- Chitradurga road project by Ramky Infrastructure. The consortium of bankers comprises Axis Bank, IDBI Bank, Bank of India, IIFCL, State Bank of Hyderabad, State Bank of Patiala, State Bank of Travancore, Central Bank of India and Oriental Bank of Commerce, Ramky Inf
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Bitumen-free joint filler
The construction accessories division of Supreme Industries has developed customised solutions speÂciÂfically for the construction requirements of various segments. DURAboardHD100 (formerly SILflex/Capell HD100) is an exclusive compressible filler board specially designed to be used as expansion joint filler in concrete brick, block work and isolation joint, where readily comÂpressible low load transfer joint filler is reqÂuired. Its exceÂllent recovery property makes it the most suitable produc
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Kochi’s approach roads are unsafe: NHAI
The NHAI officials have expressed their concern over the stability of approach roads of bridges constructed on the highways in Kochi and adjacent areas including Aroor.
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Road construction sector on the path of recovery
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction
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NHAI to let firms to start projects after land acquisition
The National Highways Authority of India ( NHAI) has decided on rolling out projects only after the contract companies have substantial land required for the project and are given environmental clearance.
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NHAI to secure land, nod before starting road projects
In view of delay in several road projects owing to land acquisition issues, National Highways Authority of India (NHAI) henceforth decided to start road projects only after acquiring substantial land. The authority would also ensure that environmental clearance is in place before starting projects. Through this move, NHAI wants to ensure that once a project starts on ground there is no brake and the objective is timely com
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EPC for speedy project implementation
The FICCI-organised India Infrastructure Summit 2012 was a platform for various stakeholders from the infrastructure sector to debate and discuss policy related issues.