Fear of Fed Retreat Roils India

August 22, 2013

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Announcing Project Management Real Estate Conference- 17-18th October ’13

August 19, 2013

Real Estate Conference-page-0

Real Estate Conference-page-1

 

 

 

 

Contact Ms. Kalpita Dighe
                          conferences-india@ubm.com.

Maharashtra may approach Centre, World Bank over Mumbai Trans-Harbour Link project

August 14, 2013

Clara Lewis, TNN |

 

MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) is considering four options for constructing the Mumbai Trans-Harbour Link (MTHL) after the latest round of bidding failed to elicit interest from construction firms.

 

The MTHL is a 22-km sea link between Nhava and Sewri that will connect Mumbai to the hinterland and offer a quick getaway to Pune, Nashik and Goa.

 

The four options under consideration include a direct cash contract wherein the government foots the bill; the developer constructs the sea link and is paid back in annual installments; taking up the project under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) where the Centre will bear 35% of the cost, the state government 15% and the implementing agency (MMRDA) will bear 50% of the cost; and approaching either the World Bank or the Japan International Cooperation Agency for a loan on the lines of the loan for the Mumbai Urban Transport Project.

 

Senior MMRDA officials said within a month the proposals will be placed before chief minister Prithviraj Chavan, who also heads MMRDA.

 

The project was proposed in the 70s. However, the first serious attempt to build the bridge was made in 2008 but it fell through because of a dispute between the Ambani brothers. For the third time the government failed to get any bids for the bridge.

 

The project was to be developed on a build-operate-transfer basis in which the developer was to quote a price with interest, which he would recover in 35 years after building the link over five years. To address some of its financial risks, the Union finance ministry has sanctioned viability-gap funding to the tune of Rs 1,920 crore for the project.

 

A source said one of the reasons that no bid was made for the project was the uncertainty over the proposed international airport in Panvel. “If the airport does not take off then the projected 60,000 vehicles traversing the bridge daily will also not happen which makes the project will become unviable,” said a source.

http://timesofindia.indiatimes.com

 

Ministry of Road Transport and Highways to launch RFID based Electronic Toll Collection (ETC) system

August 14, 2013

ETC will enable automatic toll collection, vehicle identification and traffic monitoring.It would be installed at toll plazas on all national highways by the Indian Highways Management Company Limited by March 31, 2014.

The Ministry of Road Transport and Highways aims to rollout Electronic Toll Collection (ETC) across all the toll plazas on National Highways in the entire country by March 31, 2014.

This was stated by Dr. CP Joshi, the Union Minister for Road Transport and Highways (MoRTH) here today while delivering the keynote address at a discussion organised on” India’s Highways – Next Gen Tolling and Corridor Management”.

Electronic Toll Collection is a system enabling collection of toll payments electronically allowing for near-nonstop toll collection and traffic monitoring. ETC utilizes vehicles equipped with transponders (electronic tags), wireless communication, in-road/roadside sensors and a computerized system (hardware and software) for uniquely identifying each vehicle, electronically collect toll, providing general vehicle/traffic monitoring and data collection.

 

Here is the text of Minister’s speech:

“I am confident that the daylong discussions would have sparked off ideas that have the potential of revolutionizing Tolling and Corridor Management on Indian Highways. The mission of Government of India has been to make quality highway network across the country and make the system transparent and responsive. In our bid to do so I am glad to share that by the end of this financial year we would complete construction of nearly 3000 kilometers of National highways, which is a record till date.

Along with constructing highways we are also re working our systems to sync with times. To make the system transparent we first introduced e-tendering, followed it with pilot project to Electronically Collect Toll. Now we have a vision to mark national highway network on maps making it compatible to mobile devices and even have apps for highway network.

I will elaborate a bit on our endeavor to implement RFID based Electronic Toll Collection (ETC) system across National Highways. The RFID technology shall expedite the clearing of traffic at toll plazas and the need of carrying cash shall also be eliminated when toll plazas shall be duly integrated with each other throughout India.

We started a Pilot Project on ETC last year in April at Parwanoo on NH-5. The pilot is being carried successfully and concessionaires have been requested to work out necessary modalities with the ETC solution providers and banks for setting up of Central Clearing House (CCH).

A few more stretches have also been selected for ETC implementation. They are Mumbai – Ahmedabad, Chennai- Bangalore and Gurgaon – Jaipur – Beawar. I would like to assert that by March 31, 2014 we aim to implement ETC across all the toll plazas on our National Highways. For implementation of nationwide electronic toll collection we have recently constituted Indian Highways Management Company Limited (IHMCL) with equity partnership from NHAI (50%) Concessionaries (25%) and institutions (25%).

Government of India is also amending the Central Motor Vehicle Rules, 1989 for fitment of RFID tag on vehicles by the automobile manufacturers. I am happy that Feedback Brista Highways OMT Pvt Limited (FBH) has organized this special session to discuss the issues that affect user comfort at the Toll Plazas and how we can develop an effective and efficient mechanism at Toll Plazas on National Highways.

Our endeavor will be to develop policies and systems for happy user experience on Indian Highways through better safety measures and lower waiting time at the Toll Plazas. We will be happy to partner with the Government of Portugal to develop a mechanism for better cooperation and collaboration in this regard.”

 

Source: Press Information Bureau

Source-http://indiagovernance.gov.in/

NHAI bridges hit a wall

August 12, 2013

JOHN L. PAUL

PUZZLING: Traffic through Kumbalam-Aroor bridge on Aroor-Edappally NH 47 was banned over a fortnight ago after the tarred surface gave way at many places. — PHOTO: H. VIBHU
(The Hindu PUZZLING: Traffic through Kumbalam-Aroor bridge on Aroor-Edappally NH 47                                                       was banned over a fortnight ago after the tarred surface gave way at many places. — PHOTO: H. VIBHU)

 

A good share of bridges built by the National Highways Authority of India (NHAI) or maintained by it in the city are neck-deep in trouble.Traffic has been banned through three of them after they were declared unsafe, while vehicles move at a snail’s pace through the ill-maintained bridge on the north-western side of Vyttila Junction.

The latest to join the list of bridges that are out of bounds for vehicles is the Kumbalam-Aroor bridge on Edappally-Aroor NH 47 Bypass. As a result, vehicles in both directions have to cram through the parallel bridge, often resulting in accidents.

The NHAI is awaiting a team of experts from the Indian Institute of Technology, Chennai, to conduct a “full-scale probe” on how much area of the tarred surface of the bridge was damaged a few months ago and finally gave way in the rains, making commuting through it an unsafe and back-breaking experience.

On why experts from institutions within the State were not invited, the NHAI’s Kochi project director C. T. Abraham said it would have given rise to allegations that the probe team was being influenced.

Sources in the Cochin University of Science and Technology (Cusat) said they did not have a full-fledged team of experts that could handle the probe.

The bridge was resurfaced by CVCC-RDS, a joint venture firm, over two years ago. A senior official of CVCC refused to comment on the issue.

DAMAGED IN RAINS

Civil engineering experts said it was shocking that a good share of the tarred surface of the bridge was washed away in the rains, since such damage was reported only with roads that were not properly resurfaced.

Traffic is yet to be restored through the new bridge built parallel to the second Goshree bridge because of the alarming level at which its gap slab is sinking. The bridge is awaiting structural correction. It was built by Soma Constructions and was opened to traffic by the NHAI in May 2012.

To a question on how the problem could be rectified, an NHAI official said the number of spans would have to be increased by extending its via duct. This is a complex and expensive procedure, and was suggested by experts from the NIT, Kozhikode.

Similarly, the Moolampilly-Kothad bridge on the Vallarpadam-Kalamassery Container Road that was also built by Soma Constructions was declared out of bounds for vehicles within a year of it being opened to traffic. This was after a huge chunk of concrete fell off the bridge’s surface, leaving a gaping hole in the bridge.

VYTTILA BRIDGE

The NHAI is yet to rectify problems with the expansion joint pieces over the Vyttila bridge, a decade after the bridge began giving trouble.

Motorists have to endure a strenuous ride since a few expansion joints have suffered severe damage. Potholes have begun developing over the bridge on the eastern side as well, within two years of it being resurfaced.

 

http://www.thehindu.com

 

 

MP urges CM to expedite Nagpur projects

August 12, 2013

Ramu Bhagwat, TNN |

 

NAGPUR: City MP Vilas Muttemwar in a lengthy meeting with chief minister Prithvira jChavan on Wednesday took up several pending city projects. With elections round the corner, the MP made it clear to Chavan it was high time to remove the growing perception that most public projects in the second capital were languishing because of the government apathy.

 

“I brought to chief minister’s notice that Mihan was a dream project on which people had very high hopes. That did not take off as planned because of several constraints. I told him even at this late stage, it can be salvaged by at least activating the passenger transit hub aspect by increasing Nagpur airport’s connectivity to all state capitals,” Muttemwar told TOI. MP has also stressed on the need for dedicated and full-time officials from aviation field to be posted at Nagpur to expedite Mihan project. “Currently, UPS Madan is joint MD and vice-chairman of the project. This is his additional charge as he has to devote more time to MMRDA in Mumbai. I told Chavan he should be replaced immediately with an expert from aviation. All retired officials working as consultants with Mihan should also be replaced with young and motivated personnel,” said Muttemwar.

 

“If the chief minister takes it up the with all private airlines, it would not be difficult to persuade Tatas who are starting a new service in tie-up with Air Asia to use Nagpur airport for parking of their aeroplanes. Once this is done, it would automatically improve connectivity as the parked planes would fly on new routes,” said the MP. He said there is scope to connect city with 30 domestic destinations if convenient time schedules were provided for business travellers. Right now, city has only one international flight to Sharjah and there is scope to include some more destinations like Dubai, Hong Kong, Malaysia, Singapore and Thailand.

 

“On the Indira Gandhi Government Medical College and Hospital whose modernization plan is gathering dust since 2000, I told the CM to take an urgent decision on whether to execute on build-operate-transfer (Bot) basis by a private developer or by a state agency. But the work on the modern hospital in the prime 49 acres of land in the heart of city should be completed in three years from now,” said Muttemwar. He also discussed the matter with guardian minister Shivajirao Moghe. “A 1000-bed hospital with several operation theatres and staff quarters can come up in place of the old dilapidated structures that now house city’s oldest medical college,” the MP said.

 

On the issue of Nagpur Sahkari Vinkar Society Sut Girni on Umred Road in south Nagpur, he said it was time the state textile department along with the Central government schemes bailed out the defunct unit. “The state as well as the Centre have several schemes for such units. They remain on paper. I also met state textile minister Naseem Khan and requested him to be present in the city on July 31 when Union textile minister Sambasiva Rao is visiting. In the 55 acres of land that remain with Sut Girni (weaving mill), a Common Facility Centre for value addition to handloom and textile units along with a powerloom cluster or a textile park can be started with a potential to employ 20,000 people. If this project is revived, it will give new lease of life to thousands of weavers, artisans and handloom workers living in penury in Nagpur and Kamptee,” said Muttemwar.

Source - http://timesofindia.indiatimes.com

 

 

 

Agreement signed to form National Capital Region Transport Corporation

August 5, 2013

By PTI |

 

NEW DELHI: Connectivity between Delhi and the towns of Alwar, Meerut and Panipat is set to receive a boost as the NCR states and the Centre entered into an agreement today to form the NationalCapital Region Transport Corporation (NCRTC).The NCRTC will be the agency that would build three Rapid Regional Transit System (RRTS) corridors connecting Delhi- Gurgaon-Alwar, Delhi-Ghaziabad-Meerut and Delhi-Panipat at an estimated cost of Rs 72,000 crore.

Urban Development (UD) Secretary Sudhir Krishna said the RRTS corridors which are expected to be built in five years, once the construction work starts, would “completely transform the National Capital Region”.

Speaking to reporters after signing of memorandum and articles of association of NCRTC, he said the Union cabinet had on July 7, approved the formation of the corporation.

He said that the new body would have a share capital of Rs 100 crore of which the UD and Railway ministries would contribute 22.5 per cent each, the NCR Planning Board 5 per cent, while Delhi, Haryana, Rajasthan and Uttar Pradesh governments would put in another 12.5 per cent each.

The funding pattern of the three rail-based corridors, however, would be chalked out separately, keeping in mind factors like the territory that a line covers in various states.

Speaking further, Krishna said that since the financing requirements of the projects are to a tune of Rs 72,000 crore, the resources of state and central governments would not be sufficient. He advocated methods like allowing additional Floor Area Ratio (FAR), levy of impact fee and loans from domestic sources for raising of finances.

http://economictimes.indiatimes.com/

 

National Capital Region Transport Corporation created, travel time set to shrink By PTI |

August 5, 2013

By PTI |

 

NCRTC created, travel time set to shrink
NCRTC created, travel time set to shrink
NEW DELHI:  Imagine reaching Delhi from Meerut in just 62 minutes and from Panipat in 74 minutes.Travel time is set to shrink with the creation of a National Capital Region Transport Corporation (NCRTC) that will build regional rapid transit system (RRTS) corridors connecting the capital with Meerut, Alwar and Panipat.

 

The NCR states today signed an agreement with ministries of Urban Development and Railways and the NCR Planning Board for the creation of the NCRTC.

 

Officials told PTI that as per the proposal for the three RRTS corridors, Delhi-Alwar is the longest at 180 km and would traverse 19 stations in a travel time of 117 minutes.

 

The corridor from Delhi to Panipat is 111 km and 12 stations long and the travel time is 74 minutes. The 90-km- long Delhi-Meerut route has 17 stations and a proposed travel time of 62 minutes.

 

Speaking to reporters after signing memorandum and articles of association of NCRTC, Urban Development Secretary Sudhir Krishna said the RRTS corridors were expected to be built within a timeline of five years once the construction work starts and would “completely transform the NCR”.

 

He said that the union cabinet had on July 7, approved the formation of the NCRTC which would have a share capital of Rs 100 crore.

 

The Urban Development and Railway ministries would contribute 22.5 per cent each to the share capital while the NCR Planning Board would add 5 per cent. The NCR states of Delhi, Haryana, Rajasthan and Uttar Pradesh would put in another 12.5 per cent each, he said.

 

Krishna said that the three rail-based corridors would cost an estimated Rs 72,000 crore but funding pattern of each line would be chalked out separately, keeping in mind factors like the territory that a line covers in various states.

 

He said since the financing requirements of the projects are huge the resources of state and central governments would not be sufficient. He advocated methods like allowing additional Floor Area Ratio (FAR), levy of impact fee and loans from domestic sources for raising of finances.

 

Source-http://economictimes.indiatimes.com

Highway Ministry to pump in Rs 33, 688 crore for development 6,418km of highways in Northeast

August 5, 2013

By Bikash Singh, ET Bureau |

Northeast India will witness investment of Rs 33, 688 Crore for construction of 6418km of roads during the 12th plan period under the special accelerated road development programme (SARDP-North East) and Prime ministers package for Arunachal Pradesh

(Northeast India will witness investment of Rs 33, 688 Crore for construction of 6418km of roads during the 12th plan period under the special accelerated road development programme (SARDP-North East) and Prime ministers package for Arunachal Pradesh)
 
GUWAHATI: Northeast India will witness investment of Rs 33, 688 Crore for construction of 6418km of roads during the 12th plan period under the special accelerated road development programme (SARDP-North East) and Prime ministers package for Arunachal Pradesh.

 

Union Minister for Road Transport and Highways Oscar Fernandes who was in Guwahati on Friday reviewed the progress of National Highway works said around 2000km of roads are sanctioned for this year. This will come up with an investment of Rs 3100km.

 

Fernandes said that a high-level meeting chaired by Prime Minister Dr Manmohan Singh was held on July 18 last to review the status of development projects in the region and discussed steps to accelerate the same.

 

Secretary to the Ministry of Road Transport and Highways Vijay Chibber also announced that the ministry has also decided to carry out feasibility of Imphal bypass and explore the possibility of highway between Chumukedima near Dimapur in Nagaland and Maram in Manipur. It was also decided to undertake 100 km length road construction to connect Sittwe port in Myanmar.

 

The ministry has decided for developing 130 km stretch of Agartala Sabroom section of NH-44 to two lane standards this will provide connectivity to Chittagong port through Bangladesh. It was also decided to construct alternative highway to Gangtok.Chibber added time taken for road construction in Northeast India is twice higher than the national average. “Pre construction activity consumes lot of time. Law acquisition is a problem here. State PWD and BRO are not fully geared up.

Source-http://economictimes.indiatimes.com

Metro trying to increase ridership in lean hours

July 31, 2013

New Delhi: In a bid to increase its ridership, the Delhi Metro is now trying to attract more people to travel in the lean hours, its chief said Monday.

Delhi Metro Rail Corporation (DMRC) managing director Mangu Singh said they are looking for target groups to whom travelling in lean hours can be promoted.”We are evaluating how we can increase the ridership in non-peak hours,” Mangu Singh told reporters here.

The Delhi Metro presently has an average ridership of 20.1 million people per day. However, according to officials 60-65 percent of this is in peak hours – 9 a.m. to 11 a.m. and 5 p.m. to 8 p.m.

Of this, nearly 40 percent ridership is between 9 a.m. to 11 a.m.

“The average capacity of a coach is 300 people. However, on an average ,only 78 people travel in every coach each day. This is because the lean hours have very low foot fall,” the DMRC chief said.

“We can get in touch with groups like those going to some gurudwara, temple or mosque, or school, senior citizens etc. to increase ridership in lean hour,” he said.

Giving examples from other countries, the DMRC chief also said that staggered office timings can also help changing this scene.

“Offices can consider staggered timing so that the rush hour can be spread. Those offices which are finding their employees getting late due to metro rush can do so,” he said.

Mangu Singh added that DMRC was also contemplating introducing a system where those who use metro parking but do not travel in the metro will be fined.

“A lot of people park their cars in DMRC parking but do not board the metro. We are contemplating to introduce a system where metro parking would be on the basis of a smart card. Those who do not board the metro in a fixed time will be fined,” he said.

IANS

Source-http://zeenews.india.com

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