-The Indian Express Planting fruit-bearing trees specific to the region can aid revenue generation The road ministry has finalised a “green highways” policy to “tree-line” 140,000 kilometres of national highways. Under this policy, one per cent of the civil cost of national highway development projects will have to be set aside for the planting of trees in a planned manner, covering both existing NH sections and new routes that would be added...
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Centre plans 10,000km push for road sector -Dipak K Dash
-The Times of India NEW DELHI: The government plans a mega push to the crucial road sector and has raised the target to award projects to 10,000 km in the current financial year as well injecting up to Rs 4,000 crore to complete projects stalled due to lack of funds. The plan, which is being steered by Prime Minister Narendra Modi, also includes the move to allow private developers to exit projects...
More »Right reasons to get hitched -TV Somanathan and Gulzar Natarajan
-The Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...
More »Long-term deals with cement companies for concrete roads on cards -Dipak Kumar Dash
-The Times of India NEW DELHI: The highways ministry is looking at entering into long-term contracts with cement majors across the country to purchase the construction material at a lower cost and shift to concrete roads, which are seen to be more durable although they cost more than those made using bitumen. Road transport and highways minister Nitin Gadkari - who had announced his support for concrete the day he took...
More »First lot of rescue for road builders-Mansi Taneja
-The Business Standard NHAI approves Rs 6,000 cr of premium deferment for 9 projects, on basis of March guidelines In a major relief to road developers, the National Highways Authority of India (NHAI) has approved deferment of premium worth Rs 6,000 crore for nine projects, including those of Larsen & Toubro and Reliance Infrastructure. The board of NHAI met on Friday and gave a final approval to the nine applications, said a senior...
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