With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
Tag: NHDP
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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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Accelerating Infrastructure Projects
Over the past 10 years, India has successfully executed projects such as the Golden Quadrilateral road programme and port expansion projects in the country.
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IRB Infra’s Pathankot – Amritsar Highway set to be transferred to InvIT Fund
IRB Infrastructure Developers Ltd, will transfer its Pathankot – Amritsar Highway project to the IRB InvIT. As a result of this, IRB Infra will receive Rs 544 crore.
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NHAI working on widening NH-21
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the four laning of Pandoh Bypass to Takoli' section of National Highway (NH)-21 in Himachal Pradesh. This is a sub project of the National Highways Authority of IndiaÂ’s larger project for four laning of NH-21 from Kiratpur in Punjab to Manali in Himachal Pradesh.
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4th Equipment India Award 2017 | Celebration of Excellence
It was 6.15 pm with 15 minutes to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.
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Making Indian Infra Work
Though Public-Private Partnership contracts are the mainstay of infra projects, evidence of PPP performance in terms of value-for-money and efficiency is mixed and often unavailable, says Sangeeta Lakhi, Senior Partner, Rajani Associates.
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MAKE IN(fra) INDIA
Though the Centre has chalked out ambitious infrastructure plans, a multi-rate GST, and the DND toll cancellation issue, may dampen the spirit of the infra industry. Union Minister for Road Transport and Shipping Nitin Jairam Gadkari´s well laid out plans to kick start an infrastructure boom in India
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NHAI awards nearly Rs.4,000 cr highway projects in Karnataka
The National Highways Authority of India (NHAI) has awarded two contracts worth Rs.3,918 crore in Karnataka under NHDP. The projects on NH 63 include ´four-laning of Hubli-Hospet section at Rs.2,293 crore to BSCPL-KNR (JV) and four-six laning of Hospet-Bellary-Karnataka/AP border Section for Rs.1,625 crore to Gammon India Ltd,´ the Ministry of Road Transport and Highways said.