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road projects

Rangarajan panel

Rangarajan Panel to submit guidelines for Premium Restructuring

The Rangarajan panel was entrusted with the formidable task of arriving at a resolution regarding the bailout package for developers, for highway projects about a month back. Besides, it was also designated with looking into the rescheduling of premiums to the tune of about Rs.1 lakh crore that developers have to pay the National Highways […]

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road projects

Govt permits developers to sell equity on road projects

The exit policy announced by the Ministry of Road Transport and Highways for highway projects this year is likely to be changed. This comes in the wake of the policy failing to enthuse developers since it does not transfer the benefits to the new operator. SPV enables developer to sell or transfer his stake in […]

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Regulator to sort out Disputes in Road Projects

With the occurrence of disputes arising out of many Public-Private-Partnership (PPP) projects in the road sector, the secretary of the Department of Economic Affairs stressed on the need to appoint a regulator to look into such issues. Due to the fact that government officials do not have the capacity to intercede in PPP projects involving […]

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Delay in road projects, unsafe bridges add to the infrastructure woes

The Ministry of Road Transport and Highways has lost at least nine projects in the last two quarters, as revealed by sources. It is estimated that, altogether, the nine projects were worth about Rs 10,000 crore and would have added around 1.110 km of highway roads. The projects that were lost by the road ministry […]

Planning Commission shoots down the promised proposal of a road regulator

Delhi: Despite the promise made by P Chidambaram the country’s Finance Minister during the budget of 2013-14, Planning Commission deputy chairman Montek Singh Ahluwalia declared that there is no case for a road regulator. The deputy chairman of the planning commission made the comments within his reply to a proposal which was sent by the Ministry […]

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