As PURA gains momentum, rural roads are set to rope in private participation through 'bundling' the contracts-mainly, involving longer clusters of roads and of allied activities.
Tag: World Bank
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Expertspeak Ways to lure
Policy suggestions for private participation in rural roads.The way for the government to attract private participation in rural roads should be introduce innovative bidding and quality processes such as bundling allied projects into a road contract,says Hemant Kanoria.
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MRVC to have equipment from Bombardier
Bombardier Inc's train unit received a contract to make railway equipment for Mumbai Railway Vikas Corp (MRVC). The project, funded equally by the World Bank and the Government of India,
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Infrascape 2012 | Rural roads: Modified EPC may be solution
Rural roads constituted over 84 per cent (2.65 million) of Indian Roads Network in 2010-11, and were constructed at the rate of 124 km per day. Around 80,195 km of rural roads were completed till March this year.
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WB shows interest in MTHL
Mumbai Metropolitan Region's 22 km long Mumbai Trans Harbour Link (MTHL) project got a major financial boost when World Bank (WB) showed keen interest in funding the Rs 8,311-crore project.
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India to get $975 mn WB loan for rail project
The World Bank (WB) has signed a $975 million loan agreÂement with the Indian government to build part of a massive freight railway line connecting north and eastern India. India is infusing huge investment into overhauling its ageing infrastructure network,
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Indian EPC 2011: Driving growth efficiently
As with all ideas that promise (relative) speed, simplicity and quality, Engineering, Procurement and Construction (EPC) has caught on quickly.The order books of the over 150 players in the arena are bulging, and there is increased interest in this sector from experienced foreign players who have made their India foray, new to the sector Indian conglomerates as well as pan-Indian infrastructure developers.
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$648 mn WB loan for THDC hydropower project
The World Bank (WB) signed a $648 million loan agreement with THDC India to build the Vishnugad Pipalkoti hydro electric project on the AlaknÂanda river in Uttarakhand.
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WB may not renew Mumbai contract
The World Bank seems reluctant to renew a contract for backing the first phase of the Mumbai Urban Transport Project (MUTP).
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WB aid for THDC hydro power project
The World Bank will proÂvide a loan of $ 648 million to the state run THDC India for constructing the Vishnugad Pipalkoti hydroelectric plant. This plant on the Alaknanda river is expected to generate 1,665 million units of electriÂcity annually