Roads & Bridges
Views of A.K. Singh
“Achieving financial closure is not an issue for HAM-based projects any more”
The government’s commitment to road development has reaped substantial gains for the sector. The new models have given rise to renewed hope in the sector. Investor confidence has started to look up and road developers […]
Improved Outlook
Sector reports impressive growth in numbers
The road sector has certainly started showing signs of recovery after a slowdown of almost three years. […]
Policy Moves
Removing roadblocks to project implementation
Elimination of policy-related barriers in order to step up activity in the road sector has been the key focus area of the government. In the past 12 months, the Ministry of Road Transport and Highways […]
Government Initiatives
Focus on big-ticket programmes and online portals
Over the past couple of years, the central government has taken several innovative initiatives to facilitate road development. The Ministry of Road Transport and Highways (MoRTH) has focused on the augmentation of existing infrastructure as […]
Awards Increase
NHDP makes significant progress over the past year
In the past year, the National Highways Development Programme (NHDP) has witnessed a surge in activity. During 2015-16, the National Highways Authority of India (NHAI) achieved about 85 per cent of its project award target as […]
Views of A.K. Singh
“HAM and EPC-based projects mark a surge in competition”
The road sector has witnessed an uptick in sentiment in the recent past. Leading this change is a host of initiatives launched for the revival of stalled projects as well as the creation of new […]
On a Growth Path
Road development in the Northeast
Over the past two years, the central government has been focusing on the development of road infrastructure in the north-eastern region. To facilitate this, the government has set up National Highways and Infrastructure Development Corporation […]
Recovery in Sight
Financing scenario gradually improves
The road sector has witnessed stressful times in terms of financings over the past four-five years. Lags and execution delays have resulted in potential investors being more cautious about committing funds to road projects. While […]
Developer Perspective
PPP experience in road development
The investment environment in the road sector is not very optimistic at present. The interest of private players is mostly subdued. This depressed interest can be attributed to several challenges that developers continue to face. […]
EPC Experience
Challenges faced by contractors in project execution
The engineering, procurement and construction (EPC) model essentially works as an enhanced version of the item rate contract. The engineering part seems to be missing in “EPC” as there is little scope or flexibility for […]
Big Plans
Key developments across states
Road development in states across the country has picked up pace over the past year. Poll-bound states such as Maharashtra and Uttar Pradesh have announced several big-ticket projects to augment road infrastructure. While public funds […]
Asset Recycling
Cabinet approves toll-operate-transfer model
In August 2016, the Cabinet Committee on Economic Affairs (CCEA) approved the toll-operate-transfer (TOT) model to monetise public-funded operational toll-based projects which have been generating revenues for a minimum of two years after the commercial […]
