Road Ministry urges PPP for quality highway projects
ROADS & HIGHWAYS

Road Ministry urges PPP for quality highway projects

In an effort to address concerns about construction quality in government-funded or EPC (Engineering, Procurement, and Construction) highway projects, Union Road Transport Minister Nitin Gadkari has called upon the National Highways Authority of India (NHAI) and other highway ministry branches to increase their engagement in Public Private Partnership (PPP) projects. PPP initiatives hold contractors more accountable for their construction quality as they recover their investments from tolls or receive payments over time.

Gadkari, speaking at a workshop attended by top highway engineers, expressed dissatisfaction with the quality of road construction in contracts executed under the EPC mode by various highway agencies. He emphasised that the Build, Operate and Transfer (BOT) and Hybrid Annuity Model (HAM) projects tend to exhibit better quality. Urging the agencies to expedite their efforts, he noted the upcoming election year's urgency, stating, "We are very impatient; it's an election year, and we need to deliver fast."

Union Road Transport Secretary Anurag Jain echoed these concerns, attributing the issue to poor workmanship and questioning why contractors do not deliver better quality given the payments made to them. Jain urged officials to avoid the blame game and take responsibility for scrutinising Detailed Project Reports (DPRs) and monitoring independent engineers. He stressed the need to adhere to protocols for laboratory checks set up by contractors to ensure superior quality work.

Minister of State for Highways, Gen (retd) V K Singh, acknowledged the achievements in highway development but cautioned that even minor issues draw criticism for highway agencies. Minister Gadkari directed officials to prepare a roadmap for immediate execution of up to Rs 3000 billion worth of projects and warned of consequences for delays and associated problems. He urged officials to address public concerns promptly, given the active presence of social media, vowing to take action if issues are not resolved.

If you want to learn more about Indian Roads, make sure you sign-up for the India Roads Conference at the India Construction Festival on October 12th in New Delhi

Click HERE and reserve your seats! Or call Deepali on 82919 95574....

In an effort to address concerns about construction quality in government-funded or EPC (Engineering, Procurement, and Construction) highway projects, Union Road Transport Minister Nitin Gadkari has called upon the National Highways Authority of India (NHAI) and other highway ministry branches to increase their engagement in Public Private Partnership (PPP) projects. PPP initiatives hold contractors more accountable for their construction quality as they recover their investments from tolls or receive payments over time.Gadkari, speaking at a workshop attended by top highway engineers, expressed dissatisfaction with the quality of road construction in contracts executed under the EPC mode by various highway agencies. He emphasised that the Build, Operate and Transfer (BOT) and Hybrid Annuity Model (HAM) projects tend to exhibit better quality. Urging the agencies to expedite their efforts, he noted the upcoming election year's urgency, stating, We are very impatient; it's an election year, and we need to deliver fast.Union Road Transport Secretary Anurag Jain echoed these concerns, attributing the issue to poor workmanship and questioning why contractors do not deliver better quality given the payments made to them. Jain urged officials to avoid the blame game and take responsibility for scrutinising Detailed Project Reports (DPRs) and monitoring independent engineers. He stressed the need to adhere to protocols for laboratory checks set up by contractors to ensure superior quality work.Minister of State for Highways, Gen (retd) V K Singh, acknowledged the achievements in highway development but cautioned that even minor issues draw criticism for highway agencies. Minister Gadkari directed officials to prepare a roadmap for immediate execution of up to Rs 3000 billion worth of projects and warned of consequences for delays and associated problems. He urged officials to address public concerns promptly, given the active presence of social media, vowing to take action if issues are not resolved. If you want to learn more about Indian Roads, make sure you sign-up for the India Roads Conference at the India Construction Festival on October 12th in New Delhi Click HERE and reserve your seats! Or call Deepali on 82919 95574....

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000