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Thursday, October 17th, 2019

Posts by Rouhan Sharma

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by July 21, 2017 General
  • Nagpur, Mumbai, Maharashtra
    First of its kind supercommunication expressway, the Nagpur, Mumbai eway, fraught with challenges; here is how

    Also called the Prosperity Corridor, at a length of 700 km, construction of the Nagpur-Mumbai expressway is fraught with challenges.


  • Govt push, improving execution double order inflows in EPC sector

    A strong government push, specifically on roads and urban infrastructure, coupled with improving execution has resulted in more than a doubling in order inflows over FY15 to FY17 for engineering, procurement and construction (EPC) focused companies, according to analysts at Credit Suisse.


  • Mumbai Trans Harbour Link: Affected fishermen to get Rs 5.68 lakh compensation

    Fisherfolk whose livelihood are impacted by the Mumbai Trans Harbour Link (MTHL) will receive a one-time compensation fee of Rs 5,68,000 per family.

  • HAM boost: 22 NHAI awarded projects achieve financial closure

    Bankers seem to be warming up to the road projects under the hybrid annuity model (HAM) with 22 projects among 43 awarded by the National Highways Authority of India (NHAI) achieving financial closure.

  • Dharavi, Bandra Worli Sea Link, India, Maharashtra
    Bandra-Kurla Complex turning into India’s most happening business cum leisure hub; MMRDA set to add to it Rs 1,000 cr road project boost

    One elevated road will stretch from Dharavi to the Bandra Worli Sea Link cutting through the mangrove forest; in addition, two flyovers of two lanes each will run from the sea link into the complex.

  • highway, highway project, road project
    Infrastructure road block: Rs 18,000 cr of highways projects slip behind schedule; lack of clearances blamed

    As many as 22 road projects worth Rs 18,300 crore, awarded between July 2015 and October 2016, have slipped behind schedule.

  • Maharashtra, Maharashtra loan waiver, farmers maharashtra, maharashtra farmers demands, maharashtra government, india, india news
    Nagpur-Mumbai expressway land acquisition hits farmers’ roadblock in Maharashtra

    The Maharashtra government’s plans to acquire land for the proposed Nagpur-Mumbai expressway may have hit a roadblock with farmers in the districts of Bhiwandi, Kalyan and Thane not having given their consent so far.

  • ICICI Bank, ICICI Bank news, ICICI Bank latest news, ICICI Bank backed infrastructure fund, ICICI Bank infrastructure fund, ICICI Bank backed fund
    Infrastructure in India: ICICI Bank-backed fund sees jump in space, set to raise Rs 3000 cr

    ICICI Bank-backed infrastructure debt fund India Infradebt plans to raise Rs 3,000 crore via bonds in FY18 in anticipation of growth picking up in the infrastructure space, MD & CEO Suvek Nambiar told FE.

  • Nagpur-Mumbai expressway, Maharashtra State Road Development Corporation, MSRDC, request for qualification, RFQ, HCC, L&T, Afcons Infrastructure, Gammon Engineering, Oriental Structural Engineers, PNC Infratech, Simplex Infrastructure, KMC Construction, corporate debt restructuring, CDR, SDR, strategic debt restructuring, National Highway Builders Federation, NHBF, Prime Minister office, PMO, Maharashtra CM Fadnavis
    33 companies bid for Nagpur-Mumbai Expressway project; MSRDC claims 90% of land acquired, farmers say yet to give consent

    Out of the 33 companies, 17 companies have bid singly while the remaining have organised themselves into 10 groups. Of the single bidders, ten are Indian companies, three are Chinese, and one from Kuwait and Singapore each, respectively.

  • Hybrid annuity model, Hybrid annuity model in India, EPC projects, road developers, road developers in India, EPC companies, BOT models
    Road developers get big HAM, EPC boost, pending orders grow 2x to Rs 85,000 cr

    A pick-up in project awards in the roads sector, driven by both the new hybrid annuity model (HAM), and engineering, procurement and construction (EPC) projects, has vastly improved the order book position of EPC-focussed road developers.

  • waste treatment plants, waste treatment plants in Mumbai, Exhaust fumes, traffic-jammed roads in Mumbai, MPCB, BOD, TSS, MCGM, Municipal Corporation of Greater Mumbai, Sanjay Mukherjee
    Mumbai waits for upgrade to waste treatment plants matching global standards

    This teeming mass of humanity generates, on a daily basis, 7,500 tonnes of solid waste and 2,100 million litres of sewage, or waste water.


  • Mumbai Metro Line 1: Even as ridership falls short of target, losses mount, hope floats on new lines

    Three years after its launch in June 2014, ridership on Mumbai’s Metro line 1 is averaging 3.55 lakh commuters on weekdays.


  • Bandra-Versova Sea Link: Ten contractors shortlisted in initial round

    The Maharashtra Road Development Corporation (MSRDC), the nodal agency for the proposed Bandra Versova Sea Link (BVSL), has shortlisted ten contractors in the initial round.


  • Mumbai Trans-Harbour Link project bid dates extended to June 5; estimated cost pegged at Rs 17,750 cr

    The last date for submission of bids, or request for proposals (RFP), for the Mumbai Trans Harbour Link (MTHL) project has been extended by two months to June 5.

  • HAM projects, Maharashtra, Maharashtra PWD, DPRs
    Maharashtra to award 10,000 HAM projects costing Rs 30,000 cr; tender to be floated in May

    Maharashtra’s public works department (PWD) is planning to award about 10,000 km of projects under the hybrid annuity model (HAM) in the next three-four months.

  • Mumbai IFSC, SPV, MMRDA, JV partner, Mumbai Metropolitan Region, Bandra Kurla Complex, SEZ, Jayant Sinha, Poonam Mahajan
    Mumbai IFSC: MMRDA looks for JV partner to set up SPV

    MMRDA would hold a stake in the SPV while the JV partner could either be a state government agency or even a private partner.

  • Maharashtra government, MAHAINFRA, SPV, infrastructure, HAM, hybrid-annuity model
    MAHAINFRA: Maharashtra to put idle land to good use, power-up infrastructure projects

    The Maharashtra government has started the process of identifying land parcels that will be housed in MAHAINFRA, a special purpose vehicle (SPV), Sudhir Mungantiwar, state finance minister, said.


  • L&T, HCC and Hyundai Engineering among dozen bidders

    Larsen& Toubro, HCC and Hyundai Engineering are among the dozen firms that have bid for Mumbai’s much-awaited four-lane coastal road project.


  • Cautious banks slow hybrid annuity projects in roads sector

    With bankers still somewhat wary of lending to the roads sector, just 17 of the 32 projects awarded in the hybrid annuity mode, have achieved financial closure.


  • Hudco loans Rs 1,768 crore to MSRDC project

    The Housing and Urban Development Corporation (HUDCO), under the ministry of housing and urban poverty alleviation (MoHUPA), has approved a loan facility of Rs 1768 crore for Maharashtra’s showpiece highways project — the Nagpur-Mumbai super communication expressway.


  • Narendra Modi government identifies 10 road projects in first ToT; set to fetch Rs 3,500 cr

    The ministry of road transport and highways (MoRTH) has identified a clutch of 10 road projects across a stretch of 646 km to be bundled and bid out in the TOT or toll, operate, transfer mode.


  • With Rs 26,000 crore debt, IL&FS unit ITNL looks to refinance Rs 9,000 crore loans

    Saddled with a debt of R26,000 crore, IL&FS Transportation Networks India (ITNL), the road development arm of Infrastructure Leasing and Financial Services (IL&FS), is looking to refinance about R9,000 crore.


  • Maharashtra government’s order to stop toll collection hits road developers hard as PWD fails to pay up full amount

    Road developers in Maharashtra have received less than the half the amount they are owed by the Public Works Department (PWD), over the last two years.


  • Maharashtra Road Development Corporation takes advantage of MCLR regime, repays Rs 257 cr high-cost loans

    Taking advantage of the new marginal cost of funds-based lending rate (MCLR) regime, Maharashtra State Road Development Corporation (MSRDC) has repaid high-cost loans of R257 crore that it owed to a clutch of public sector banks and to the Mumbai Metropolitan Region Development Authority (MMRDA).

  • Ministry of Road Transport and Highways, mobile apps, m-Parivahan, e-challan, centric app, enforcement app, customer facilitation, Regional Transport Offices, RTO, Motor Vehicles Act, road safety, Nitin Gadkari
    MEP Infrastructure HAM projects: 5 hybrid annuity model projects’ financial closure completed

    Mumbai-based MEP Infrastructure has completed the financial closures for five out of six hybrid annuity model projects that it won last year.


  • Bandra-Worli Sea Link not as popular as predicted

    Eight years after it was thrown open, the daily average traffic on the Rajiv Gandhi Sea Link — or the Bandra Worli Sea Link — is smaller than a third of the original estimate.


  • NHAI cancels Udaipur Bypass road project awarded to MBL Infrastructures under HAM model

    The Udaipur bypass road project, awarded to MBL Infrastructures under the hybrid annuity model (HAM), has been cancelled by the National Highways Authority of India (NHAI), the company said on a recent analysts call.

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