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

Work on elevated expressway to start next month, The project will be completed in 30 months

February 20, 2006

The stage is set for work on the nine km Bangalore-Electronic City Elevated Toll Expressway Project to start next month. The Rs. 765-crore project, to be implemented by the Consortium of Soma Enterprises Limited, Nagarjuna Construction Company and Maytas Infra Private Limited, will be completed in 30 months.

The consortium members on Friday announced that they were awarded the contract for the construction of the project on the Bangalore-Hosur section of Hosur Road (from km 9.5 to km 18.5) on a Build Operate Transfer (BOT) basis by the National Highway Authority of India (NHAI). The Public Private Partnership project was awarded on a negative grant of Rs. 16 crores, they said.

Written by ITW Editor · Filed Under Construction, Default, Highway, Infrastructure, Investment and Finance, Metro Road Systems, Projects

First edition of e-Magzine – Editorial

January 2, 2006

Dear Reader,

We are glad to bring out the first edition of this e news magazine bringing you the latest news on the developments of BOT projects in India.

As you are all already aware that the future of road construction in India is going the BOT way . Not only the NHAI , but even the state governments such as the Government of Punjab through PIDB and Madhya Pradesh Government through MPSRD has come out with no. of BOT projects .

Apart from Road Projects even Check Post Management has gone the BOT way with state governments such as the NEW DELHI already having implemented and KERELA and RAJASTHAN in the planning stage to go for BOT projects for CHECK POST MANAGEMENT.

With this magazine we hope to bring together companies and professionals in BOT road projects to share news ,views ,problems and solutions through a platform which will bring together best of the industry through a forum for sharing thier knowledge .

Also we hope to use this a medium for recruitment of High skill professionals having experience in managing different aspects of BOT projects by the leading BOT concession companies.

Last but not the least we want to constantly educate the concessionaires about the latest in Tolling and Traffic Management Technologies offered by Metro Road Systems and its global partners –Kapsch Trafficom , Austria.

We would really appreciate constructive and critical feedback on this maiden venture in the Industry.

In the next issues you can look forward to :

1. Articles from renowned people in Industry
2. Web Chat with experts on Hot topics concerning industry
3. Lot of illustrations and pictures

Thanks and Regards,
Sachin Bhatia
Chief Editor ,
METRO ROAD TIMES ;
[email protected]

Written by ITW Editor · Filed Under BOT, Construction, DDA, Default, DND, DSIIDC, ETC, Highway, Infrastructure, Investment and Finance, IVRCL, NHAI, NHDP, PLUS, PPP, Projects, PWD, Tech, Toll Management System, Tolling