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HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
India’s Road Network Boom
India has doubled its road network in the past decade, boosting connectivity and attracting significant interest from infrastructure investment trusts (InvITs).
MoRTH revises BOT and TOT agreements to boost private sector investment
The Ministry of Road Transport and Highways (MoRTH) has introduced a number of revisions to the model concession agreements (MCA) for build-operate-transfer (BOT) and tolling, operation, maintenance, and transfer (TOT) projects.
7th India Construction Festival
Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.
Witnessing Quantum Jump
In light of the various infrastructure development initiatives by our government and expansion plans declared by various related agencies, the Bulk Material Handling Equipment (BMHE) sector
Essar?s Vizag Port facility boosting third-party business
Post the taking over of Vishakhapatnam Port Trust?s (VPT?s) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May 2015, Essar Vizag Terminals Ltd (EVTL), a wholly owned subsidiary of Essar Ports Ltd (EPL) has boosted the EPL?s strategy of diversifying its customer profile.
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.