More than 3,000 km of highway projects awarded about two years back under the public private partnership (PPP) mode are yet to take off. Both government and private parties are to blame for this mess. The reason for this delay can be attributed to government bodies for delay in taking policy decisions, banks who have become more stringent while sanctioning loans and are asking for 100% land availability as a pre-condition, dip in economic growth leading to decrease in traffic flow.
Tag: Road
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Logistics and Warehousing: Reduce bottlenecks
Hindsight: 2013 has been a mixed year for the infrastructure sector which, on one hand, saw a slew of government initiatives:
Road regulator, facilitating faster completion of road projects, faster transportation, decreased fuel consumption, and encouraged development of access-controlled expressways
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HC rejects PILs filed against road construction in Mundra
Two public interest litigations (PILs) filed in the Gujarat High Court challenging the construction of a road connecting Adani GroupÂ’s Mundra Port in Kutch district to the National Highway-8A were recently rejected by the court. The villagers of Mundra taluk had challenged the construction of a 9-km-long road.
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Road proposed in Bangalore scrapped
The Karnataka Muzrai Department has scrapped its plan to construct a road in Bangalore, which would have drastically shrunk the Vasanthapura kalyani (temple tank) in the city. Local residents had opposed the road project, which would result in shrinking of the Vasanthapura kalyani (temple tank).
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Vellore Collector does a quality check on road works
Vellore district Collector R Nanthagopal on November 5 inspected a newly laid road in Ananthalai panchayat in the district. It is constructed at a cost of Rs 27 lakh and it is 1.5 km in length. He also inspected a 220-metre long cement road at Chettithangal panchayat laid at a cost of Rs 4.35 lakh.
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Hindrances on railway station road in Bhubaneswar
The recent Phailin caused hindrances on the road leading to the railway station in Bhubaneswar are yet to be cleared by the Bhubaneswar Municipal Corporation (BMC).
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Govt to promote coastal shipping for cargo
To attract manufacturers and transporters to the coastal shipping mode of transport from road and rail movement of their goods, the Union Ministry of Shipping is planning to offer them certain incentives. Currently, in India, over 60 per cent of the domestic cargo is moved by road and 30 per cent by rail, with coastal shipping accounting for only about 8 per cent.
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Centre okays Rs 2,000 cr JNPT road project
A project to upgrade a road to Jawaharlal Nehru Port (JNPT) in Mumbai has been approved by the Union government on September 23. The road project involves a total expenditure of Rs 1,943.37 crore. The Cabinet Committee on Economic Affairs (CCEA) approved the road development project, to be undertaken by Mumbai JNPT Port Road Company (MJPRCL).
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Development body awards 4 road projects
Bihar State Road Development Corporation awarded four road projects to a joint venture firm of C&C Constructions. C&C Constructions holds 50 percent stake in all these four road projects, which would be implemented by the JV firm BSC-C&C. The first project is for improvement or upgradation of Bagi-Barbigha Road (SH-83) Length 37.646 km in Bihar and it is
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SREI to acquire road, power projects
Media reports indicate that SREI Infrastructure Finance may spruce up its portfolio of road and power projects through acquisition. It is learnt that the firm is eyeing road and power projects, the promoters of which have already undergone a credit restructuring or they are ready