The National Highways Authority of India (NHAI) plans to award up to 4,000 km of roads through EPC (engineering, procurement and construction) contracts in 2013-14, largely to overcome the funding issues in the BOT –– build, operate and transfer –– contracts. The authority still has to chart a plan for the BOT segment that generated a meek response from the companies.
Tag: Roads
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TN to form Authority like NHAI to up its roads’ standard
For maintaining and managing its roads at par with global standards, Tamil Nadu government is to form Tamil Nadu State Highways Authority (TNSHA) on the lines of the National Highways Authority of India (NHAI).
The formation of the Authority will be followed by entrusting major State Highways to the TNSHA, said the State Finance Minister O Panneerselvam while presenting the State Budget.
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UP strives to develop road infrastructure
The major focus of the Uttar Pradesh government has been on developing the state's infrastructure, particularly in rural areas. This included construction of roads, highways, flyovers and railway overbridges in various districts.
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India plans more roads, new ports to up its growth
India will construct more roads and new ports to remove infrastructure bottlenecks that hamper its growth. The new ports will be set up in Andhra Pradesh and West Bengal that will add capacity of 100 million tonne, Finance Minister Palaniappan Chidambaram said in his annual budget speech recently. The government will also award 3,000 kilometre (1,864- miles) of road projects in the first half of the year starting April 1, he said.
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Regulator for road sector a boon, say experts
Experts say that the Budget announcement about the setting up of a regulator for roads is a blessing in disguise for India's highways sector. They say that the dispute-heavy sector can now look forward to a third party to resolve them, in the form of a regulator.
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The worse is over and the industry is looking for upward growth
We expect better prospects for roads and power sector, provided proper support is available from government by way of single window clearances, says M Narendra, CMD, Indian Overseas Bank,
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Canal Road in Nagpur repaired for the 4th time in 2-yrs
Nagpur Municipal Corporation (NMC) has wasted money on repairing (asphalting) a road for the fourth time in the last two years, well within the defect liability period in which the contractor is responsible for any problems. At the same time, a nearby stretch of road has been neglected for over 10 years. The sorry state of affairs continues despite strict directives by municipal commissioner Shyam Wardhane.
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Govt implements Rs 19 bn border road projects
Government has approved construction of 27 strategic border roads along the Indo-China border at an estimated cost of Rs 1,937 crore for the effective movement and operational requirement of Indo Tibetan Border Police. These roads are being constructed by Border Roads Organization (15 roads), Central Public Works Department (8 r
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Jaipur’s each ward to get Rs 1 cr for road repairs
In Jaipur, most roads which are in a dilapidated condition are expected to be repaired this year as the Jaipur Municipal Corporation's (JMC) finance committee has proposed Rs 1 crore for repair works in each ward in the budget 2013-14.
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Jaipur’s each ward to get Rs 1 cr for road repairs
In Jaipur, most roads which are in a dilapidated condition are expected to be repaired this year as the Jaipur Municipal Corporation's (JMC) finance committee has proposed Rs 1 crore for repair works in each ward in the budget 2013-14.