Union minister”s assurance about putting TAH on fast track

Itanagar Aug 19 (PTI) Union Minister of Road Transport and Highways C P Joshi has given an assurance to put the Trans Arunachal Highway (TAH) on the fast track by removing all bottlenecks, particularly the environmental and forest clearance. Joshi�s assurance came after two high-level review meetings on the progress of the ambitious project on August 12 and 17 last at New Delhi, Lok Sabha member from Arunachal Takam Sanjoy said in a press release here today. The review meetings were held against the backdrop of letters written to Joshi recently by Chief Minister Jarbom Gamlin and Sanjoy, seeking the granting of environment clearance for the construction and renovation of the 2,319 km road by the ministry under the Arunachal package of roads and highways. The state PWD has been entrusted the 750 km pre-construction activities of BoT (annuity) projects of the Nechiphu-Hoj and Potin- Pangin roads and bridges across Dibang and Lohit river systems for executing the project. Sanjoy who attended the review meetings said that completion of the project was a top priority agenda for the Centre as it was a part of the PM�s package announced for the state in his maiden visit to the state during 2008. �The road project is very important for national security as the double-lane highway will link 11 of the 16 district headquarters of Arunachal, including Tawang along the Sino-India border,� Sanjoy said.

Source:ibnlive.in.com

Supreme Infrastructure: Infra player with a strong foundation

Mid-sized infrastructure EPC contractor Supreme Infrastructure appears substantially undervalued considering its better than industry performance in terms of margins, return on equity and working capital cycle. Its growing order book and entry into BOT road projects give strong visibility about future growth. Long-term investors should add this scrip to their portfolio.

GROWTH DRIVERS

The company currently has orders worth Rs 3,117 crore which is 3.4 times its sales for FY11. Nearly 85% of these unexecuted orders are for buildings and roads, while the rest consist of bridges, irrigation and power etc.

In the roads segment, Supreme Infra is a fully backward integrated company. It produces all the key raw materials such as asphalt and RMC, and has in-house stone quarrying and crushing capacities. This enables it to earn one of the best margins in the industry.

Source: economictimes.indiatimes.com

SEW Infrastructure Completes The Four Lane Highway Project In Madhya Pradesh

SEW Infrastructure Ltd., a leading infrastructure company from Hyderabad has successfully completed a project awarded by National Highways Authority of India to build a new Four Lane Highway from Khalghat to Madhya Pradesh/Maharashtra Border – NH-3.  The project was dedicated to the nation on 04th April, 2011.

This prestigious highway project was awarded by NHAI to SEW Navayuga Barwani Tollways Private Limited, a joint venture between SEW Infrastructure Ltd & Navayuga Engineering Company Limited on BOT basis. The project includes 82.882 Km of highway development and 768m long major bridge across the river Narmada.

Speaking on this occasion Mr. S. Anil Kumar, Director-SEW said “SEW Infrastructure Limited had taken up the total EPC responsibility of the project and completed it almost two months ahead of the schedule.  The recent NHAI project was another instance of our setting higher standards of excellence in project management and execution capabilities.”

About Sew Infrastructure Ltd:
Sew Infrastructure Ltd (http://sewinfrastructure.com), headquartered at Hyderabad is a core infrastructure company that has diversified aggressively in the past 52 years since its inception.

The company specializes in:
   • Lined Irrigation Canals
   • Hydel, Thermal and Gas based Power
   • Industrial, Commercial and Residential Buildings
   • Dams & Barrages
   • Lift Irrigation Schemes
   • Canal Structures
   • Roads and Bridges
   • Fabrication and Erection of Gates
   • Water Supply Projects
   • Transmission Lines.

Source: business-standard.com

Metro Infrasys Completes Madhucon’s Madurai Tuticorin Project for 24 Toll Lanes

Metro Infrasys, successfully completed M/s Madhcuon Project’s Madhurai Tuticorin Tollway and received the formal approval from the Independent consultant before the commercial operations date.

The Project comprises of 2 Toll Plazas with 12 lanes each and 4 sets of Weight in Motion systems. Mr. Srinivas Rao, Executive Director of Madhucon Projects limited congratulated Mr. Sachin Bhatia CEO of Metro Infrasys P Ltd for achieving the NHAI ‘s IC approval prior to the COD date so that the Commerical Operations could be started without any punchlist as regards the Tolling Solutions.

Based on the sucessful relationship, Metro has been awarded another project for Madhucon’s Assm project for Toll Plaza Electrification, a new division division started in Metro.

Global Competitive Index 2010 shows India needs better roads

The World Economic Forum has ranked 139 economies in its 2010-2011 Global Competitiveness Report.

In overall competitiveness India scores a passable 51^st place. It ranks notably ahead of Latin America’s powerhouse Brazil (58) and way ahead of its neighbours Pakistan (123), Sri Lanka (62) and Bangladesh (107), but behind China (27).

One of the indicators that compose the index is quality of roads. And here India ranks at a lowly 90^th place, behind China, Sri Lanka and Pakistan.

The index does not say what roads are to blame. But as any local observer will find, overcrowded local roads and substandard highways are the main problem.

The hope is that the report will lead to the obvious solution: building more toll roads to take the pressure of the troubled roads.

Source: The Global Competitiveness Report 2010-2011 by the World Economic Forum

NHAI on a recruitment drive

NHAI’s new bid norms positive for industry, says HCC

NHAI to raise Money

Kamal Nath, Minister of Road Transport and Highways, India at AIC 2010 (Video)

NH land acquisition getting murkier

Utter confusion which prevails even among ministers about the NH widening project is likely to cost dearly the development plans of National Highways 17 and 47. Though the PWD had inked a contract with the National Highways Authority of India for developing NH 17 and 47 under the BOT plan, a section of ministers questioned the existence of such an agreement in the cabinet meeting the other day.

Minister C. Divakaran, K.P. Rajendran and N.K. Premachandran who are learnt to have raised the issue in the cabinet meeting alleged that the alignment of new roads will make thousands of poor people homeless. Another major allegation levelled by these Ministers was that the NHAI had diluted acquisition plans for helping some bar hotel owners who own land alon NH-47.

It is reliably learnt that the NHAI authorities are unhappy over the recent controversies about the NH widening work in Kerala. NHAI chairman Brijeswar Singh will arrive here on Tuesday to hold discussions with the Chief Minister and PWD authorities. He may also attend the all-party meeting on land acquisition scheduled on that day.

If a consensus can’t be reached on the acquisition issue, NHAI may drop the project.

“The recent controversy was created by these ministers at the most inappropriate time. We had demanded more compensation for evictees and the NHAI had approved the demand in principle.

A proposal to conduct a socio-economic survey to gauge the difficulties faced by evictees and other locals was also planned,’’ said a top source in the Works department.

The proposal of the department was to demand land price at market rates for evictees and also provide decent rehabilitation plans for them.

“It was the duty of the government to bargain hard and translate these plans into action. Instead, they are challenging the basic agreement which is a common factor for all roads in the country,’’ said the source. In a press note issued here on Saturday, PWD Principal Secretary Tom Jose clarified that there was no substance in the allegation regarding bar hotels.

“Earlier, an allegation was raised that there were efforts to favour some bar-owners by manipulating the alignment plans. This charge was proved baseless in the inquiry. Of the 22 bars which have come up along Kazhakkoottam- Cherthala stretch of NH 47, 16 will be affected by acquisition,’’ he said.

Tom Jose also said that the PWD was committed to complete the NH widening plan with minimum inconvenience to local residents.

Source: expressbuzz.com

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