Page 39 - Trafficinfratech Magazine April 2023 Digital Edition

PUBLIC TRANSPORT

Path India Ltd has a list of
impressive projects, both
Since our highways have been ongoing and completed. It is a mix
improved to a great extent, of BOT, OMT, Annuity models etc.
it’s time to improve the user What have been the challenges
and how has the inclusion of
experience on these highways. technology been advantageous?
Thus Wayside Amenities Working with a multitude of Authorities
project was conceived and we on different kinds of projects gives us a
are excited to be working on it. wide perspective. This experience certainly
helps in streamlining the project execution.
The major challenge as we see it, is
tracking of project progress, assets and
machinery on ground that impacts the
resource allocation and overall utilization.
We have been working on implementing
the Project Management module of our
ERP for Tracking the project progress and
assets and that has helped in improving the
visibility enabling better decision making
and overall efficiency.

What is the model of Contract
most suitable for road works?

We have worked on almost all models
such as BOT, OMT, Annuity, HAM, TOT,
EPC. We have seen this industry evolve from
simple EPC contracts to current HAM and
TOT models. Based on our rich experience
with multiple contract models, we feel that
BOT and OMT have been the most suitable
models for highway construction, operations
and maintenance. BOT had options of
grants which reduced the upfront exposure
of concessionaire while giving them long
term revenue generating assets, whereas
OMT was very favorable for operation and
maintenance projects with reduced capex
requirements.

You are lately into creating Multi
modal logistics parks…

We are glad to inform you that, recently
we have been declared successful bidder
for Bangalore MMLP project, for developing
and operating MMLP on approx. 400 acres
of land, on the outskirts of Bangalore. Our
winning bid proposed guaranteed revenue
share (NPV) to NHAI of Rs.1276 Crore.

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