The roads sector had witnessed an aggressive bidding during the financial year 2011 and 2012. Projects of over 11,000 km were awarded during these years. But the lack of proper governance affected the execution of most of these projects.
Tag: Roads
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Roads To Recovery
The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
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UPSIDC plans to raise Rs.1,500 cr
Faced with creaking infrastructure in its industrial enclaves across the state, Uttar Pradesh State Industrial Development Corporation (UPSIDC) is mulling to raise funds from external agencies, including the World Bank.
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We plan to develop India as a Southeast Asia hub
At the moment, we estimate the market to be around 130 million square metres. And we expect this to potentially double within the next five to six years. So maybe we are talking about 200 million square metres. This is also the reason why we have moved into India as we see good potential in this market segment. We are aware that there are some challenges involved.
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Hidden Benefits
Notwithstanding the tremendous potential to expand revenues, general lack of awareness about the benefits of using geosynthetics might delay projections set by firms in the sector. However, despite challenges, growth is eventually inevitable.
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Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.
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Rs.300 cr more for civic infrastructure work in Chennai
The Tamil Nadu govern-ĆĀ”ment has allocated Rs.300 crore towards the Chennai Mega City Development Mission (CMCDM) in the revised budget estimate presented in the assembly. This is in addition to the Rs.500 crore already pledged in the 2016-17 interim budget in February.
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The Great PPP Conundrum
The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit
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Bikers strike terror on Smart City roads
Unsafe are the roads of the number one Smart City in the country. With a spurt in incidents of dangerous and reckless driving, the roads of the capital city have turned into death traps.
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It is my duty to give back to society
With 28 years of experience in power transmission, distribution and generation, Dhananjay Ketkar is currently Chief Operating Officer at Egis India. An engineer and a post graduate in cost and management accounting, Ketkar started his career with NTPC in the power generation domain.