While the road sector is arguably in a sweet spot, land acquisition is unquestionably the biggest hurdle afflicting roads development.
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Government to fund green energy conversion of state-run refineries
Powergrid will issue bonds to raise up to Rs 9 billion
Domestic aluminum players need to invest to meet net0 target
Ahmedabad leads the way in solar energy use with 34,794 users
MAY 2023: Subansiri Lower hydroelectric project
Govt floats tender to procure gas-based plants
US federal agency funds methane capture project India
Govt successfully bids out 29 coal blocks for commercial mining
Power Grid Corporation board to raise Rs 900 cr via bonds
The Sweet Spot
Road Widening Under Progress
The last two decades witnessed highway infrastructure being developed on a massive scale in the country. Now the government has unveiled another huge new highway development programme (covering 83,000 km) under the Bharatmala Pariyojana, which will see a paradigm shift in highway development with focus on improving the efficiency of the national corridor and a long-term view on the highways network.
Bharatmala has a realistic vision to improve roads
About 24,800 km of road projects are to be developed over the next five years between 2017-18 and 2021-22 under the ambitious Bharatmala Programme.
Use Technology, Build Roads Quicker
With ambitious plans for road construction, it is necessary to build a robust system to execute construction of durable roads at a quick pace. INFRASTRUCTRE TODAY, in a quest to dig out more information on road building and management, brings its readers the latest technologies on a platter.
Project costs may increase owing to GST credit restrictions in many sectors
The Model GST Law specifically treats a Â´works contractÂ´ (including any transfer of property in goods in the execution of such contract) as a Â´serviceÂ´. However, determining the nature of a particular agreement, or a set of agreements, for a project (i.e., whether it qualifies as a works contract or not) would still be critical from the perspective of the place of supply, the taxable value, the applicable rate of tax and the compliances to be undertaken given the peculiar and varied nature of arrangements in the infrastructure sector, involving multiple scopes of work and multiple participants (consortium) for either a full project or for parts of a single project.
Still a distant dream?
The establishment of the road regulator, as was announced in the 2013-14 Union Budget, might take place only after the elections. While many industry players want a regulator to be set up, what will the entity finally look like? Rahul Kamat takes a peek at the current trends.
Commitment needed on both sides of EPC: Experts
Engineering, Procurement and Construction (EPC) projects do have certain advantages which amount to lesser amount of risk for the private company. While a successful EPC road project
Coordinated efforts among government, developers needed
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of IndiaÂ’s policy towards infrastructure deveÂlopment.
Vox Pop: Procurement is now sophisticated, international
Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?