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NH-6 extention plan till Hazira port to be put on fast track

May 21, 2009

With the Congress-led UPA government taking over at the Centre, widening and extending of the 132-km stretch of road project between

Gujarat-Maharashtra border and Hazira port on 2,000-km long National Highway-6 (NH-6) is likely to be put on the fast track by National Highways Authority of India (NHAI).

The project was caught in a logjam for quite some time as a few industries were unwilling to part with the required tract of land.

The Cabinet Committee on Economic Affairs (CCEA) of UPA government had approved the project costing Rs 1,661 crore on February 5 this year. With the bidding process for the project already underway, the new government is likely to clear roadblocks soon, said sources in NHAI.

The process began in May 2008 with NHAI inviting tenders for short listing suitable agencies to implement the project. But, nothing concrete could be achieved, largely due to some public sector undertakings (PSUs) lobbying hard for an alternative route, as widening of existing road requires strip of land under their jurisdiction.

The plan to extend NH-6 was stuck after National Thermal Power Corporation (NTPC) and Krishak Bharati Co-operative Ltd (KRIBHCO) made several representations to NHAI in May last year stating that they were not in a position to spare additional strips of land near their facilities.

According to a letter in April last year by NHAI to all industries in Hazira, an additional land strip of 36 m to 42 m along the existing road was required on the stretch of 8.7 km from KRIBHCO to NTPC and on 5.7 km near Essar Group in Hazira area.

An alternative suggestion was made by KRIBHCO to avoid widening the existing road in Hazira and NHAI. “But a truncated stretch was not possible and hence not a substitute to the proposed highway up to Hazira port,” a senior official in NHAI told TOI.

NHAI, a central government agency, is keen on executing this project.
Source: timesofindia.indiatimes.com

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Written by ITW Author · Filed Under Highway, NHAI, NHDP 

Faridabad-Badarpur flyover to just beat Games deadline

April 8, 2008

With the authorities rushing up to complete all the projects related to road infrastructure before Commonwealth Games in 2010, commuters taking the Badarpur-Faridabad road can expect a smooth ride on this stretch by September 2010.

According to sources in the National Highways Authority of India (NHAI), the Badarpur-Faridabad 6-lane elevated highway at a cost of Rs 340 crore is expected to be completed by September 2010. NHAI has already shortlisted five bidders for the 4.4 km signal-free road and the work is likely to be awarded by this June.

This proposed elevated corridor, to be built on BOT basis, will be a crucial link between Delhi and Faridabad. The proposed road will start from near NTPC, Badarpur and will end near Sector-37 crossing in Faridabad. The entire elevated corridor has five major intersections (two in Delhi and three in Haryana) namely NTPC junction, Sarai junction, Jaitpur junction, Mehrauli junction and Sector-37 junction.

Frequent traffic jams are reported from this road due to heavy traffic and encroachments and on average commuters spend over half an hour to cross this stretch on NH-2.

The elevated corridor will do away with all the seven junctions on this stretch. There will be three subways on the road for pedestrians.

The commuters using the elevated road will have to pay toll tax, said an NHAI official, adding that there will be two toll gates – one at Delhi-Faridabad border and the other near Sector-37 in Faridabad. The toll rates will be announced when the stretch gets operational, said the official. However, commuters using the ground road will not pay any toll. According to the project plan, the concessionaire will construct and maintain the entire project including the ground level roads for the period of 20 years.

While the NHAI had prepared the detail project report way back in 2004, it got delayed due to various “political” and “procedural reasons”.

“Haryana government gave the clearance in 2006, but Delhi government and Delhi Urban Art Commission (DUAC) cleared it only in January this year. But now there will be no extension to the deadline of the project since everything has been cleared and the required land is acquired,” said an NHAI official.

Source: indiatimes.com

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Written by ITW Author · Filed Under NCR, NHAI, NHDP 

Western, northern region cos dominate infrastructure space

November 23, 2007

NTPC, Larsen & Toubro and Bharti Airtel top the list (in terms of income) of Dun & Bradstreet India’s list of India’s Leading Infrastructure Companies 2007. This listing, part of D&B’s study on infrastructure in India, profiles 187 companies – 121 from the construction sector, 52 from power and 14 from telecom services. The study provides an industry overview of infrastructure in India and key characteristics of the sampled companies .

D&B’s analysis reveals that companies based in the western (37 per cent) and northern regions (30 per cent) dominate the infrastructure industry. While the initial public offer route is a key means of financing for the construction companies, the infrastructure industry as a whole is funded largely through term loans and self-financing.

Construction goes public The study has disclosed that the construction sector is dominated by public companies (listed and unlisted); these accounted for 92 per cent of the 121 construction companies that qualified under D&B’s selection criteria. Thirty per cent of listed construction companies had absorbed close to Rs 20,000 crore through IPOs in 2006-07. The sample companies plan to raise Rs 2,000 crore more in the near future. Most of the companies that raised money through the IPO were focussed on roads, power, irrigation and residential township projects.

The report also brings out the increasing synergy between private players and the Government. Around 50 per cent of the sample companies have collaborations such as public private partnership, special purpose vehicles, other domestic partnership and BOT and BOOT contracts.

Power’s conventional The study found that India continues to rely on conventional sources such as coal, gas and lignite for power generation. Of the 178 power plants operated by the sample companies, 45 per cent were thermal power plants, 38 per cent hydro based and about 10 per cent be run by Nuclear Power Corporation. Only the rest accounted for unconventional energy sources such as wind farms and combined cycle power plants.

The report stated that Central government owned companies have taken the lead in terms of planned capacity additions, accounting for 52 per cent of the total plan. Private sector, including the two ultra mega power projects accounted for 32 per cent of the addition plans, while state-owned companies trailed behind with plans to add only 16 per cent to their capacity.

Source: thehindubusinessline.com 

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Written by ITW Author · Filed Under BOT, IPO