With the National Highways Authority of IndiaĆĀ“s (NHAI) plans to take on 26 road projects on the grounds of under-reporting, the fallout on the road sector is likely to be hug
Tag: NHDP
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The big fix
Working at a breakneck speed to kickstart the economy, the Narendra Modi-led BJP Government is looking to give a big boost to the infrastructure sector. And in one of the first few steps to achieve that, the new Government has cleared seven projects worth Rs 21,000 crore, recently.
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Sadbhav Engg to construct highway in Rajasthan
Sadbhav Engineering has won a Rs 212-crore highways project from the National Highways Authority of India (NHAI) in Rajasthan. The project falls under National Highway Development Project (NHDP)
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Rs 1.5k cr road projects on deck
India is home to several bad roads be it the metropolitans, the cities or the villages. Bad road conditions are nothing new to India and the problem is being addressed since the last 30 years. However, of lately, many road projects have been sanctioned by the government and are up for bidding.
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Nod to six-laning of Vadodara-Surat stretch of NH-8
The Union Cabinet Committee on Economic Affairs has given its approval for six-laning of the Vadodra-Surat section of NH-8 including construction of a new four-lane extra dosed bridge across the Narmada River and two eight-lane flyovers in Gujarat under the NHDP Phase V.
The cost is estimated to be Rs 503.16 crore including Rs 17 crore as the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities.
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Address administrative deficiencies
The new EPC framework is a great beginning and incorporates some very good ideas. If MoRTH and NHAI can address the administrative deficiencies that have been afflicting the regulatory and project management systems of the highways sector
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Industry wants CCI to meet more frequently
Industry players and analysts feel that the Cabinet Committee on Investment (CCI)must increase the frequency of its meeting in order to resolve issues in pending infrastructure project. The panel has met only five times in the last six months of its existence and its diktats have pertained largely to public sector investments, though a few proc
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Govt removing hurdles in road projects
The Cabinet Committee on Investment (CCI) was informed that some of the bottlenecks identified by the Ministry of Road Transport and Highways (MoRTH) for the fast-track implementation of National Highways Development Project
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Cost escalation ruins infra firms' hope
The rising finance cost has eaten into the profit margins of major infrastructure firms in the first half of the current fiscal year. Infrastructure companies have witnessed a sharp increase in their finance cost during April-September 2012. An analysis of the financial statements of 16 infrastructure firms shows financial cost going up because of huge debt, tight monetary policy and high risk perception.
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Govt awarded only 1,010 km road project so far
Minister of State for Road Transport and Highways (RTH) Sarvey Sathyanarayana informed Lok Sabha that the government awarded 1,010 km of national highways (NH) so far in 2012-13. This is hardly 11.5 per cent of the target of 8,800 km under National Highways Development Project (NHDP) for this