NHAI to undertake borrowings under EPC model

NHAI to undertake borrowings under EPC model

Nov 10, 2014

In terms of the target set by NHAI for highway projects this fiscal, 5000 km of road will be divided into 1500 km through the public-private partnership (PPP) route and 3500 km in EPC mode. Why does the NHAI have to resort to the EPC model? How much will they have to borrow? Why have PPP projects received a muted response? This article seeks to ponder on some...

Road transport: the dominant freight system

Road transport: the dominant freight system

Oct 28, 2014

A rapidly evolving industry, the logistics sector in India is being increasingly redefined by sophisticated technology and services to meet the demands of the growing economy. The government has restructured its taxation and regulatory policies to provide an environment conducive to a thriving transportation and logistics industry. Road transport carries most...

NHAI road sector boost

NHAI road sector boost

Oct 22, 2014

The new government considers the development of road infrastructure integral to its ‘revive India’ agenda. The NHAI will relax road construction norms to boost the lagging road sector and push the stalled projects forward. As the economic progress of a country clearly hinges on the optimal use of its resources, Gadkari has decided to replace bitumen with cement...

NE to benefit from improved connectivity

NE to benefit from improved connectivity

Oct 17, 2014

The lack of economic infrastructure has hampered the growth of India’s beautiful North Eastern region, with vast untapped potential, to a great extent. Gadkari has emphasised the need to get the region out of its geo-political isolation by allocating funds for the construction of roads to improve connectivity and the quality of life of the people and to get the...

NHAI to set up entity for unfinished road projects

NHAI to set up entity for unfinished road projects

Oct 13, 2014

The National Highways Authority of India has proposed the establishment of an asset management company, in order to fasten the delayed highway projects. The delay was mainly due to a lack of finances from private developers and financial institutions. This entity would aim to gather funds through government aid and public private partnership (PPP) mode. This...

Government wish to raise motorway speed limits to get the economy moving.

Government wish to raise motorway speed limits to get the economy moving.

Oct 7, 2014

A committee on safe road transport from the Transport Ministry has suggested that the speed limit on national highways should be revised and increased to 80 kmph for commercial vehicles and up to 100 kmph for cars. This article explores the possible repercussions of the implementation of such a revision of speed limits. Road Transport Minister Nitin Gadkari, in...