Infrastructure Today has completed yet another milestone with over 14 years of coverage on a sector which can make or break the India development story.
Tag: NHAI
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Funding Not a Constraint for Road Building Programmes
In an exclusive interview to INFRASTRUCTURE TODAY, Debjani Chakrabarti, Director Highways, Ministry of Road Transport & Highways (MoRTH) elucidates some of the key funding strategies being utilised by India as a part of the country's ambitious Rs 7 trillion roads building programme.
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Ambitious Target
The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, filing online for clearances to construct road over bridges (ROBs) and road under bridges (RUBs) and increasing the limit on sand mining.
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We have awarded Rs.7.50 lakh crore projects in three years
We are planning to raise Rs 2.9 lakh crore from the equity market, Rs 1.06 lakh crore from private investments and Rs 2.19 lakh crore from Central Road Funds (CRF) or toll-operate-transfer (TOT) or toll road (BOT) projects.
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We need more govt involvement to start stuck projects
If you look at the current state of power generation projects in India, we have around 40-45 GW of stranded capacity. Of this, around 10-15 GW of capacity is operational, but unable to generate any power due to lack of Power Purchase Agreements (PPAs).
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Roads on a Hot Streak
Sustained government thrust through policy changes, investments and proactive addressing of nagging issues, has placed the roads sector in what could be its best growth trajectory yet.
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Road Widening Under Progress
The last two decades witnessed highway infrastructure being developed on a massive scale in the country. Now the government has unveiled another huge new highway development programme (covering 83,000 km) under the Bharatmala Pariyojana, which will see a paradigm shift in highway development with focus on improving the efficiency of the national corridor and a long-term view on the highways network.
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Low-value projects are among the most challenging
The $1billion US-based engineering and construction management company, Louis Berger, has been active in India for over 20 years. The New Jersey-based corporation is engaged in a slewof projects, including bridges, tunnels, roads, highways, railways, and transit, aviation and smart cities.
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TOT would enable more assets recycling
The recent TOT bids have shown that this model can be ideal for international institutional investors who have appetite for long-term investments and access to low-cost debts.
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Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.