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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.

Bharat Road Network, Cube Highways sign deal for sale of 126-km road project in UP

BRNL along with its partners inks deal for complete transfer of ownership in an operating toll road project from Ghaziabad to Aligarh on National Highway 34

HCC Group to receive Rs 1,259 cr from NHAI BOT conciliations

HCC Concessions (HCON), the infrastructure development arm of HCC Group, concluded its conciliation with NHAI for all disputes concerning Baharampore-Farakka Highways Ltd (BFHL) and Farakka-Raiganj Highways Ltd (FRHL).

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

All set to meet infra growth demand

Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.

GRT provides several technologies not seen before in India

The road sector in India is in desperate need of new technologies, not only to improve speed and quality, but also to introduce more environmentally friendly construction techniques and to cut down on quarrying, transportation of materials and use of water and fuel.

Compact Road Equipment Market to Grow

Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.

GR Infra Relies on Wirtgen Machines

GR Infra Projects Ltd is a major infrastructure companies in India. The company has been working in the field of infrastructure development in India for the past 50 years. ?This year we intend to achieve an order booking of Rs 8,000-10,000 crore.

Efficiency Matters

Globally, the past decade saw amazing developments in the hot- mix production technology. In India too, with the entry of global players, OEMs have geared up to offer advanced plants that can produce a variety of mixes - be it low energy / low-temperature asphalt mixes, warm / cold mixes, high percentage RAP mix, high recycling technology

We expect EPC model dominating at least in the short term

The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. The smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

We are expanding our manufacturing base in India

All machines from Wirtgen Group are designed to ensure more productivity and less fuel consumption, says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

Will the Government be Able to Walk the Talk?

With the Union Budget scheduled in the second week of July, the entire industry seems to be on a highly expectant mood with the hope that the government will now shift to higher gear for bold, long-term and deep fiscal economic reforms. A Chinese proverb reads thus 'When the winds of change blow, some people build walls, and others, windmills.

The Winds of Change

A Chinese proverb reads thus ? ?When the winds of change blow, some people build walls, and others, windmills!? Agith G Antony finds out the views from the industry leaders who have been building windmills...

New Expectations

The new government has just sworn in at the Centre, driving new hopes in the industry. DK Vyas pens down the wish list of expectations from the new government.With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister (PM) will be able to lead the economy out of the low growth era through decisive governance.

Expectations from the New Government

Devendra Kumar Vyas, Chief Executive Officer at SREI BNP Paribas pens down the wish list of expectations from the new government. With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister will be able to lead the economy out of the low growth era through decisive governance.

At Terex, we are very bullish about India growth story

Vijay Sharma, Executive Director, Terex Equipment India: The huge quantum of the infrastructure to be developed over a period of time, tells no other story. Even for the metros to sustain for another 25 years, we need better infrastructure, better connectivity.

Excavators Ready to Ride the Slump

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t

Doosan has a focused approach towards production plans.

We offer products which can work in all applications because of our heavy-duty designs incorporated in the entire range, lowest operating cost per tonne, best up-time of machines and best longevity, says S Manjunath, General Manager ? Sales, Doosan Infracore India. Excerpts of the interview.

The growth of road equipment sector depends on a good mix of BOT and EPC projects

Currently, the road equipment sector is experiencing a slowdown, due to a number of road projects being stalled or going slow. Also, the depreciation of Indian rupee by over 20 per cent in the last quarter has made imported machines more expensive

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.

Growth will pick up only if the government ensures a good mix of BOT and EPC projects

The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.

The growth of road equipment segment will be about 15 per cent by 2017

Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.

Navigating through turbulent times

Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.

Centre to allow 100 per cent stake sale in BOT projects

Infrastructure developer IVRCL is going slow on its proposal to monetise three more build, operate and transfer (BOT) projects in the light of expectations that the Union government will soon take a decision to allow 100 per cent stake sale in BOT projects. It is just a matter of procedure. The decision will come soon as everybody, including the NHAI (National Highways Authority of India), is in favour of it, IVRCL Chairman and Managing Director, E Sudhir Reddy, said.

Bauer is committed towards producing safe, highly productive and fuel....

Re-affirming our commitment to and our conviction about the Indian market, we have also extended our Valueline range with new products, the BG 26 and BG30 rigs for bigger diameter and deeper piles with Kelly drilling, says Jagpal Singh, Managing Director, Bauer Equipment India. Excerpts from the interview.

India showcase

Look at the slew of dismal facts. There has been an overall slowdown in Indian infrastructure activity due to lack of clearances of new as well as ongoing infrastructure projects. Even L&T chief AM Naik has indicated that the project pipeline is drying up. Many projects have not progressed even after being approved of by the central government and after achieving financial deal closure, too.

Steadily chugging ahead

Even though the road sector in India continues to face multiple challenges, a strong pipeline of projects supports long term prospects. Around $180 billion investment is earmarked for the road sector, which is the highest ever investment for any Five Year Plan, and this should have a very positive impact on the construction equipment industry. The prime factor favouring the growth of the road equipment industry is the sheer scale of work still to be done in this sector.

Equipment financing: An evolving scenario

While the government is expected to roll out more reforms soon, the key issue is implementation on the ground. If policy issues are addressed and initiatives are implemented, it will give a boost to the equipment financing in India, Infrastructure segment has been witnessing a major slowdown due to various issues around land acquisition and environmental clearances

Waiting for the Rejig

The foundation has always been the starting point and the most important part of any project. The foundation industry in India though, is still struggling from lack of attention and want of new projects.

Mechanisation in rural areas leads CE demand

It is quite surprising that on one side, the infra sector has slowed down and on the other, equipment sale is going up. As per the leading manufacturers of construction equipment, excavator sales have increased by approximately 10 per cent during FY 2011-12 compared to FY 2010-11.

Compacting Technology Set to Improve

The new trend in technology is faster compaction by achieving the required density at a lower operating cost. Also, the latest equipment is designed with features to improve operator safety, comfort and maintainability.

We stay committed to delivering solutions for the economical & technical challenges.

?The global change in environment and economy is now forcing us to look at sustainable development. Unless road-building professionals don?t go green, they will not be able to survive. We are excited to find that more and more professional road building companies are showing deep interest in producing high content RAP

It?s Time to RAP

With over Rs 700 billion being invested in the road sector in 2010-11 alone, it?s high time we moved up to highly efficient and sustainable technologies that help optimise resources, considerably reduce pollutants and keep to a minimum damage to the environment

We are expanding network to be closer to our customers

The complete range of jaw, cone, HSI and VSI crushers offered by the ASTEC Group (Telsmith and KPI-JCI) is available to TIL for exploring the markets in India, says R Nandagopal, Vice President - Equipment & Project Solutions, TIL.

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