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News & Events

Karnataka: Leading the Indian Aviation Revolution - March 2012 Read
source:Cruising Heights

Peripheral Ring Road likely to be tolled - 10 Jan 2012 Read
source:Deccan Herald

New draft rules issued for PPP projects - 29 Sep 2011 Read
source:Business Standard

High-speed rail link between Bangalore, Belgaum - 10 Sep 2011 Read
source:IBN Live

Mumbai's Metro III gets Japanese boost - 31 Aug 2011 Read
source:Economic Times

Railways zeros in on three PPP models - 12 Aug 2011 Read
source:Business Standard


 

Karnataka: Leading the Indian Aviation Revolution - March 2012
source:Cruising Heights

With widespread support from the State Government for a slew of projects Karnataka is trailblazing the Aviation Sector in the Country

Peripheral Ring Road likely to be tolled - 10 Jan 2012
source:Deccan Herald

Bangalore: Project-affected farmers withdraw dharna; meeting promised with CM Vehicles taking the proposed Peripheral Ring Road (PRR) may have to pay toll. As many as 10 toll booths will be set up on the 65-kilometre stretch between Tumkur Road and Hosur Road.

The traffic between Tumkur Road and Hosur Road had to pass through the City and the PRR was conceived to create a bypass route. However, the project is embroiled in litigations for the past seven years. The 100-metre wide road requires around 1,988 acres of land.

The proposed public private partnership envisages handing over the land for road construction to private companies under Build-Own-Operate-Transfer (BOOT) model for a minimum of 20 years. Sources said nine major infrastructure companies have qualified for bidding.

New draft rules issued for PPP projects - 29 Sep 2011
source:Business Standard

New Delhi: A government under cloud on corruption charges on Tuesday released the draft of a national Public-Private Partnership (PPP) policy seeking to ensure transparency. The ministry of finance released the draft for discussion, while stating it would publish separate mandatory disclosure norms for projects and also set up a dedicated dispute resolution mechanism to address issues related to bidding and award of PPP projects.

High-speed rail link between Bangalore, Belgaum - 10 Sep 2011
source:IBN Live

BANGALORE: The travel time between south and north Karnataka for thousands of rail commuters might be drastically reduced, as the railways is mulling over developing a high-speed rail corridor between Bangalore and Belgaum on a Public Private Partnership basis.

Mumbai's Metro III gets Japanese boost - 31 Aug 2011
source:Economic Times

MUMBAI: Plans for financing the third Metro line, which will run underground from Colaba to Bandra and then go on to the airport, got a boost, with talks between the Japanese International Cooperation Agency (JICA) and Mumbai Metropolitan Region Development Authority (MMRDA) concluding successfully on Tuesday.

Railways zeros in on three PPP models - 12 Aug 2011
source:Business Standard

New Delhi: Dedicated Freight Corridor Corporation of India Ltd (DFCCIL), the special purpose vehicle (SPV) formed to construct rail corridors exclusively for freight movement, has shortlisted three models of public-private partnership (PPP) for the 550-km Dankuni-Sonnagar stretch on the eastern corridor.

According to DFCCIL managing director R K Gupta, the models are design, build, finance, maintain, operate and transfer; design, build, finance, operate and transfer; and design, build, finance and maintain. Gupta said the railway ministry was yet to approve the options.

Once the ministry approves the options, DFCCIL would work out the modalities of the tender and start working on the documentation of the details of the plan. The bidding is expected to start by March 2012, while the construction is expected to be completed by 2016.

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