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Saturday , 29 January 2022

Tag Archives: Road Projects

10,000 km road projects awarded under Bharatmala since 2017

As per the Ministry of Road Transport and Highways, a total of 246 projects with an aggregate length of about 10,100kms have been awarded till February 2020 under Bharatmala Pariyojana. The total cost incurred towards these projects is Rs 2.38 lakh crore, which also includes projects on Greenfield Corridors. The Government of India had approved Bharatmala Pariyojana Phase-I in October ...

‘Process of approvals for road projects is fast-tracked’

Government of India has undertaken a lot of initiatives in the last three years for removing the bottlenecks in infrastructure as well as launching major new projects in Roads, Railways, Port connectivity and Urban development. The process for clearance of MOEF approvals has been fast tracked. For road projects, 80% availability of land before start of work has been made ...

NHAI’s Exit Policy for Road Projects

Allowing developers to fully exit by way of a ‘harmonious substitution’ mechanism In BOT road projects under the PPP model bid out before 2009-10, the private party/consortium which develops the project is required to hold a minimum level of ownership in the project throughout the concession period, usually 26% of the shareholding of the SPV developing and operating the project. ...

Speeding up road projects ? banks to get more say

In an attempt to speed up implementation of road infrastructure projects, especially those held up due to financial reasons, the government has is set to make changes in the model concession agreement for road projects. The new agreement is expected to give more functional and supervisory powers to banks who lend for the projects. If a concessionaire in a project ...

Reliance Infrastructure shortlists 21 road projects

Reliance Infrastructure is looking to tap opportunities in the vast road sector. About 21 projects, worth about र 40,000 crore have been short listed by the company. Reliance Infrastructure is already in the process of developing 11 road projects with a total outlay of र 11,000 crore. Out of these, five projects are operational and generating revenue, while the other ...

Road contractors to be liable for road quality

Under a new policy that the Ministry of Road Transport and Highways has begun implementing, road contractors will be held accountable for the quality of construction of the roads. Under the new EPC (Engineering, Procurement and Construction) system, contractors will have to ensure the quality of roads for a minimum period of two years, while they have to guarantee structures ...

Assessing risks of PPP projects

Many factors come into play while assessing the risks at various stages of a Transport Project under PPP. The credit rating agencies assess these risks and provide an expert opinion on the overall risks in the project. A look at the various factors considered in the process. Given the robust pace of economic development, infrastructure bottleneck – especially in the ...