Elevated expressway to connect Bangalore to electronic hub

June 23, 2006

Bangalore, June 23 (IANS) A dedicated 10-km elevated expressway is being built from the Silicon hub of Bangalore to the electronics city to ferry thousands of techies to their workplace in top gear, non-stop.

Prime Minister Manmohan Singh is scheduled to kick-start the project by laying the foundation stone Saturday here in the presence of union Urban Development Minister S. Jaipal Reddy, Governor T.N. Chaturvedi, Chief Minister H.D. Kumaraswamy and top officials.

The brainchild of the National Highway Authority of India (NHAI) and the Karnataka government, the four-lane expressway will be raised above the six-lane national highway (NH-7), connecting Bangalore to Hosur across the state border in Tamil Nadu.

Written by ITW Editor · Filed Under BOT, Construction, Default, ETC, Highway, Infrastructure, Investment and Finance, NHAI, NHDP, Projects, Toll Management System, Tolling

L&T bags 750 Crore contract from NHAI

April 20, 2006

Larsen and Toubro Ltd (L&T) has bagged a Rs 750 crore order from the National Highways Authority of India for six laning of the NH-8 in Gujarat.

The Build-Operate-Transfer project entails widening of the existing four-lane highway to six lanes, from Vadodara to Bharuch, with amenities and support infrastructure.

Written by ITW Editor · Filed Under BOT, Construction, Default, Highway, Infrastructure, Investment and Finance, NHAI, Projects

ORR Gates may take their toll on people

April 14, 2006

HYDERABAD: Every time you travel on the proposed Outer Ring Road (ORR), you may have to shell out a fee for using the roadway. Toll gates will be in place on nearly 45 per cent of the 162 km ORR stretch.

Moreover, the ORR might be stretched to three phases instead of two decided earlier. The Hyderabad Urban Development Authority (Huda) is planning to split the existing phase-II works into two parts and the final portion of the road would be completed on the basis of build-operate-transfer (BoT) model, sources said.

Written by ITW Editor · Filed Under BOT, Default, Infrastructure, Toll Management System, Tolling

L&T wins Rs750-crore BOT contract

April 8, 2006

Larsen & Toubro Ltd has received an Rs750 crore order for the six-laning of NH-8 from Vadodara to Bharuch in Gujarat. The National Highways Authority of India awarded the contract on ‘build-operate-transfer’ (BOT) basis through international competitive bidding.

The 83.3km stretch of NH-8 between Vadodara and Baruch, forms part of the Golden Quadrilateral and is an important link in the high-density corridor connecting Mumbai and Delhi. This stretch is adjacent to the second Narmada bridge, which is already under operation on BOT basis by L&T. The project involves widening of the existing four-lane highway to six lanes, with amenities and support infrastructure. The 15-year concession period includes a construction period of 30 months.

Written by ITW Editor · Filed Under BOT, Construction, Infrastructure, Investment and Finance, NHAI, Projects, Toll Management System, Tolling

PM to lay foundation for six-laning of Panipat highway project

March 23, 2006

Prime Minister Manmohan Singh will today lay the foundation stone for six-laning of 10 km stretch of the National Highway one (NH-1) running through Panipat in Haryana.

Chief Minister Bhupinder Singh Hooda along with other ministers will be present on the occasion. Dr Singh will also address a public meeting on the occasion. Security men have been posted on the spot.

Written by ITW Editor · Filed Under BOT, Construction, Default, ETC, Highway, Infrastructure, Investment and Finance, NHAI, NHDP, Projects, Tech, Toll Management System, Tolling

6-lane stretch for Surat-Vadodara

March 14, 2006

Those driving on the stretch of National Highway no 8 between Surat and Vadodara are in for some good news, though not in the near future.

National Highways Authority of India (NHAI) has decided to convert it to a six-lane road from the existing four-lane road in view of the increasing traffic on this stretch, which makes driving on it a pain in the neck.

Written by ITW Editor · Filed Under BOT, Default, ETC, Highway, Infrastructure, Investment and Finance, Projects, Toll Management System, Tolling

Rs 550-crore road project for L&T

March 11, 2006

Larsen & Toubro Limited (L&T), bagged its first annuity-based road project — valued at Rs 550 crore from the National Highways Authority of India (NHAI).

The project involves four-laning of the 76-km Palanpur and Swaroopgunj stretch located on the East-West Corridor on NH-14, linking Gujarat and Rajasthan. Secured against international competitive bidding, the order will be executed by L&T’s Engineering Construction & Contracts (ECC) Division in 30 months.

Written by ITW Editor · Filed Under BOT, Construction, Default, ETC, Highway, Infrastructure, Investment and Finance, Larsen & Toubro Ltd. (L&T), Projects, Tech, Toll Management System, Tolling

NHAI signs Rs 490-cr pacts with Reliance Energy-promoted SPVs

March 8, 2006

The National Highways Authority of India (NHAI) on Monday signed two concession agreements with Reliance Energy Ltd-promoted special purpose vehicles (SPVs) to four-lane two national highway sections on NH-7 in Tamil Nadu on Build-Operate-Transfer basis.

Both the projects fall on the North-South Corridor under National Highways Development Project – Phase II.

The agreements were signed by NHAI with NK Toll Road Ltd and DS Toll Road Ltd (SPVs formed by Reliance Energy Ltd) in the presence of Mr Santosh Nautiyal, Chairman, NHAI and Mr JP Chalasani , Director-Business Development, Reliance Energy, said a release. Under the first agreement, the four-laning of the 33.5-km long, high-traffic density corridor of Namakkal-Karur Section of NH – 7 on BOT basis is expected to be completed in 30 months at a cost of Rs 205.6 crore.

Written by ITW Editor · Filed Under BOT, Construction, Default, ETC, Highway, Infrastructure, Investment and Finance, Projects, Toll Management System, Tolling

Aim to be leading player in infra projects: GVK Power

March 3, 2006

GVK Power & Infrastructure is the new IPO that has opened for subscription today, it is within a price band of Rs 260 to Rs 310.

Director at GVK Power & Infrastructure, G V Sanjay Reddy believes that infrastructure is key to India’s growth, and their company is focussed on that for the last many decades.

Going forward, he says in the next 5-10 years their vision is to become a leading player and developer of infrastructure projects including power.

Written by ITW Editor · Filed Under BOT, Default, Infrastructure, Investment and Finance

Toll technology war hots up

January 8, 2006

Toll technology Companies supporting CEN 278 technology form an association NHAI to call for consultants to help implementation of project.

The battle for controlling the technology standard for electronic toll collection systems on Indian highways appears to be hotting up. With Austrian company Efkon pitching for ISO CALM infrared technology standard for NHAI’s electronic toll collection (ETC) project, other players in the space, supporting the CEN 278 standard, have upped the ante and formed an association, called the Association of Toll and Traffic System Integrators of India (ATTSII).

Written by ITW Editor · Filed Under BOT, CEN 278, ETC, Tech, Toll Management System, Tolling

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