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NHAI clears Rs. 8,000-cr Pathankot-Mandi NH in HP RLDA announces 5-acre luxury residential project in

he National Highways Authority of he Rail Land Development Authority development is also proposed on the site T(NHAI) has given clearance to the Rs T(RLDA) has decided to redevelop a railway facing the busy Lala Hardev Sahai Marg as 8,000-crore Pathankot-Mandi four-lane colony located along the erstwhile Boulevard the site is located close to the Bungalow Zone, highway project and with this it has also Road in North Delhi where the project will Civil Lines, a premium neighborhood in North restarted land acquisition process and the NHAI house high end villas, bungalows and plotted Delhi, outlined under Zone-C in Delhi‘s Master is floating global tender for the construction of residential development expected to come up on Plan 2021. The locality boasts of prominent the first phase of the project between Pathankot the 5.38-hectare plot. RLDA is floating tenders institutions such as Delhi University, Delhi and 32 mile in the next two months. A detailed for this project very shortly as it has targeted Legislative Assembly, Tis Hazari court, among project report had been completed by Joint to earn Rs 392 crore from this development. others and as per Delhi Master Plan -2021, Ventures and Infrastructure Casta Limited, a The entire land parcel will be available for high- the project falls in the Civil Lines Bungalow private company and projected Rs. 8,000 crore the distance will be reduced from 219 km end residential development immediately after Zone and is governed by Development Control total cost of the project. The alignment of the to 171 km. All major towns such as Nurpur, the relocation of the existing railway quarters Regulations (DCR) and Zonal Development new four-lane highway has been altered and Mattor, Nagrota Bagwan, Palampur, Maranda, to other locations within Delhi. Commercial Plan for Zone C (Civil Lines). now only a few stretches of the old highway will Baijnath, Paprola and Joginder Nagar have be used. As per the proposal eight bypasses, been bypassed in the new project and apart NHAI unveils R. 300-cr underpass near IGI airport three tunnels, three railway over bridges and from this, tunnels will be constructed between three flyovers will be constructed between Kotla and Draman, Mattor and Kachhyari n a bid to provide hassle free transport by NHAI and aviation ministry has advised Mandi and Pathankot. After the completion, and Bijni and Mandi town, said an official Ifacilities to the IGI airport, the government DIAL to contribute 50% of the total cost of the the distance between Pathankot and Mandi spokesperson. has decided to build a Rs 300-crore underpass Rs 300-crore project. DIAL estimates a total near Shiv Murti on the Delhi-Gurugram capex of about Rs 9,783 crore for the currently Expressway, said official sources, elaborating planned phase. The capital expenditure MahaMetro starts tunneling work on Metro corridor that plan, among others, includes the fourth (capex) for this exercise will be Rs 154 crore. n order to offset the delay caused by the runway, an elevated taxiway, a bigger Directorate General of Civil Aviation (DGCA) Ioutbreak of Covid-19, Maharashtra Metro Terminal 1 and 123 body scanners. Bureau has also asked DIAL to get aircraft recovery Rail Corporation Limited (MahaMetro) has of Civil Aviation Security has directed all civil kit to meet exigencies at IGIA. Its expected fast tracked the tunneling and excavation in airports in India to install body scanners. cost is Rs 19 crore, AERA has decided while the underground section of the Pune Metro rail The underpass at NH-8 has been proposed determining tariff of IGIA till March 31, 2024. project. The project has crossed Shivajinagar station, despite a 25% dip in work efficiency because of the lockdown. The tunneling work, which had commenced last December, is now being executed in a single shift, as two shifts earlier. Despite the challenges, the at the various Metro sites across the city, underground tunnel has progressed well as compared to the pre-lockdown strength of of the two tunnel-boring machines,, one has 2,800. MahaMetro has reached out to the crossed 200 metres beyond Shivajinagar respective district administrations in station, while the other is 20 metres past and Madhya Pradesh after some workers the location. The machines will now reach expressed a desire to return to Pune and also Civil Court via Simla office chowk and CoEP the labour contractors attached to the project ground, said official sources, adding that at are working hard on bringing the labour force the moment, only 1,000 workers are on duty back to the work sites.

BRO launches road construction on border in U’khand

n an attempt to speed up the Munsiyari- which are standing straight on a 22-km portion IBugdiyar-Milam road on the Indo-China of the road, will now become easy as heavy border in Pithorgarh district of Uttarakhand, machines can be transported by helicopters Border Roads Organization (BRO) recently to the spot. Construction of the road was carried heavy road building equipment by started in 2010 with an amount of Rs 325 helicopters to Laspa, BRO Chief Engineer crore sanctioned for the project. The road Bimal said, elaborating that copters stretch being constructed from both ends and landed heavy road-building machinery in the except the 22-km hard portion, cutting work tough Himalayan terrain of Uttarakhand's has been completed on 40 km of the road Johar Valley near the India-China border. The and the remaining portion of the work is being absence of heavy stone cutting equipment completed on fast track basis. at Laspa near the alignment site of the 65- km road had delayed its construction. The Munsiyari-Bogdiyar- Milam road, which is being constructed in the high Himalayan region in the state, will be a link to the last posts on the Indo-China border. After several unsuccessful attempts last year, it finally succeeded this month. Cutting of hard rocks,

INDIAN INFRASTRUCTURE & TENDERS WEEK 1 PNB infuses Rs. 750-cr in Gorakhpur expressway U’khand kick-start Laldhang-Chillarkhal road corridor

n a major boost to road infrastructure projects project in UP after , hortly after the National Board for Wildlife NBWL had approved the proposed road. Iin UP, PNB has extended a credit line of Rs - Expressway, S(NBWL) gave its nod for building the The NBWL recommended the proposal for 750 crore for the Gorakhpur Link Expressway Expressway and . Laldhang-Chillarkhal road corridor through building the road through the buffer zone with entailing an investment of Rs 5,876 crore. The Another mega project the buffer zone Rajaji Tiger Reserve, certain conditions including that construction 91-km expressway will connect Gorakhpur has also been proposed, for which the bidding Uttarakhand government has now started of an elevated road (underpass for animals) district with another expressway project, the process is likely to be initiated shortly. The the construction work on the mega project, with substantial clearance for elephants (8m 340-km Purvanchal Expressway. According Gorakhpur Link Expressway was divided state forest minister, Harak Singh Rawat, above ground to provide safe passage) needs to UP Expressway Industrial Development into two packages and awarded to Apco said elaborating that the road links is an to be undertaken for the central stretch of 4.7 Authority (UPEIDA) CEO Awanish Kumar Infratech and Dilip Buildcon for development. important link route connecting Kotdwar. km from Chamaraia bend to Siggadi sot. The Awasthi, who is also the state’s additional Cutting across Gorakhpur, Sant Kabir Nagar, The National Tiger Conservation Authority recommendations further mentioned that at chief secretary, the government had arranged Ambedkar Nagar and districts, it (NTCA) has directed building underpasses least 100 metres of passageways per km is for Rs 2,250 crore loans for the Gorakhpur is touted to benefit a population of nearly 50 for animals and forest land transfer, the provided for the movement of wild animals. Link Expressway, including the Rs 750 million in the Gorakhpur and adjoining districts crore credit line of the PNB. Gorakhpur Link by providing fast connectivity for public and Expressway is the fifth green field expressway goods transport. Puravankara plans Rs. 1,100-cr realty projects in Bengaluru eal estate building major, Puravankara is around Rs 80 crore and will be delivered Railway building Rs. 510-cr rail-bridge in Bihar Rwill invest around Rs 1,100 crore to by 2023-end. In the second project, ''Purva develop two new housing projects in Bengaluru Atmosphere'', which is spreading over 13 ndian Railways has fast tracked the railway officials have fast-tracked the work on as the company has decided to continue acres at Thanisandra in Bengaluru, it will Iconstruction work of the strategically located this project. It is expected that the operational with previously planned projects despite the construct 939 units, priced Rs 95 lakh onwards rail bridge in Bihar. The then prime minister line will improve ground accessibilities as well COVID-19 pandemic. It recently launched the and they will be completed by March 2025 with Atal Bihari Vajpayee laid the foundation stone as the nation’s capability to transport men, two projects on digital platforms, MD Ashish R an estimated investment of Rs 1,000 crore, he of the two-km-long railway mega-bridge on machines and material from the northern Puravankara, said elaborating that in the first claimed, adding that in recent times there is river Kosi in 2003. The bridge is considered part of India to the Northeastern states of the project, ''Provident Woodfield'', the company a steady rise in customer sentiment veering of a strategic importance for the country country through an alternate route. Among will develop 356 plots, mostly residential, on towards homes as their safe investment and seeks to provide a shorter route to the others, this will give an alternate route all a 25 acre land parcel at Electronic City in option, which prompted the company to northeast region. As per instructions from around the Nepal border as currently, trains Bengaluru. The total investment in this project accelerate the process of the new launches. the top officials of Indian Railways, the zonal from the Northeast, to go anywhere in the country, have to come down to and Malda through the chicken neck and the L&T secures multiple transports infra contracts bridge will ease congestion in the neck. With he construction wing of L&T has secured Business won yet another EPC contracts from this bridge, the route will be opened up through Tcontracts for its various businesses State Water a Sanitation Mission, , , , and New Jalpaiguri from including an EPC contract to construct to implement water supply schemes for Shivhar where the route to the state of starts. Packages 11 and 22 of the Delhi Vadodara and Parasi group of villages in Mahoba and The bridge was sanctioned in the year 2003 Expressway, which will be the country's longest Sonbadhra districts respectively. The work at a cost of Rs 323.41 crore and the 17 years expressway of NHAI under its flagship Bharat includes designing of the construction of three have escalated the construction cost to Rs Mala program. The business wing also secured intake structures, three water treatment plants of 516.02 crore. another EPC contract from the Public Works capacity 64 MLD, 1171 km of transmission and (Roads) Directorate, Government of West distribution pipelines, 20 clear water reservoirs, Bengal for the reconstruction of 4 lane Tallah 37 overhead service reservoirs, 20 pump ROB (Hemanta Setu) adjacent to Tallah Railway houses, 73600 house service connections, Station on Barrackpore Trunk Road, , associated electromechanical a instrumentation West Bengal. Its Water & Effluent Treatment works, said an official spokesperson.

SCCL approves mining of five open cast mine blocks he Singareni Collieries Company Limited for JVROC-2 in Kothagudem and KKOC project T(SCCL) recently approved plans for five in Mandamarri. Deputy Secretaries for Coal new open cast mining projects apart from Ministry Ajitesh Kumar and PSL Swamy from purchase of 25 dumpers with 60 tons capacity, Delhi along with Western Coal Fields chairman Chairman and managing director N Sridhar, said and managing director RR Mishra from Nagpur elaborating that in addition to this, the company also participated in the Board of Directors via board also reviewed various measures being video conference. Special Chief Secretary taken in the Singareni mines to prevent spread of for Energy Ajay Mishra along with directors Covid-19. The Board also cleared proposals for of the SCCL – S Shankar, S Chandrashekhar, expansions of Dorley OCP and GDK-7 LEPOC BBhaskar Rao, N Balaram were among the in Godavarikhani, besides over burden contract others who also attended the meet.

Govt differing BS-IV norms for construction equipment to 2021

he ministry of road transport and 2020 onwards, said official sources. The Thighways is currently contemplating transport ministry has proposed that BS VI to defer stricter fuel emission norms for rules, which were to apply to construction construction equipment vehicles, tractors, equipment vehicles October 1 onwards, be and harvesters. This comes after requests deferred to April 2021. Looking at the crisis were made by the agriculture ministry and posed by the outbreak of Covid-19 outbreak equipment manufacturers, seeking some time in the country, the transport ministry has for implementing the next stage of emission floated a draft document for deferment of norms which were to be applicable October BS-IV norms to March 31, 2021, but a final decision will be taken after suggestions from stakeholders have been duly considered. The pandemic has brought several sectors to a grinding halt, with the construction equipment industry among the worst hit. The proposal is likely to ease up liquidity issues of agricultural and construction equipment manufacturers in the country

2 INDIAN INFRASTRUCTURE & TENDERS WEEK IRB Infra secures funds for -Pune e-way MoRTH sets 15,000-km road building targets for fiscal

RB MP Expressway, a Special Purpose Crs debt for India’s largest Road TOT project, ndeterred by Covid-19 headwinds, the officer wise target break-up down the line IVehicle (SPV) of IRB Infrastructure in these difficult times was a massive ordeal UMinistry of Road Transport and Highways up to PIU (project implementation unit) level Developers Ltd., has successfully achieved – especially with more than half the stipulated has set an ambitious target of constructing may be issued by the Ministry/NHAI/NHIDCL financial closure for its first and India’s largest time being tied away in lockdown. This feat 15,000 km highways in FY21, up 46% over it very shortly. The targets set, works awarded TOT project – Mumbai Pune Expressway. As validates lenders’ trust in project’s merits, built in the previous year. The bid-out goal at and the targets achieved are to be duly a commitment towards the fee obligations in Company’s financial track record and credit 20,000 km is equally high as it had managed recorded in the APAR (Annual Performance Concession Agreement, the Company has worthiness; as also our domain expertise to award 8,912 km in FY20. With directions Assessment Report). While bidding out target made the payment of first tranche of Rs. and execution capabilities in developing & from the top, the MoRTH seems determined is being seen as doable given that many 6,500 crore as upfront sub-concession fee managing large highway infrastructure. We to maintain the pace of highway development projects from the previous fiscal could now be to the Maharashtra State Road Development are grateful to our lenders for their trust & and wants its officers to not take their foot offered, actual construction would be difficult Corporation. Commenting on the comfort for financing the project, and to all off the pedal. But the task ahead is uphill in the face of massive disruptions caused by development, Virendra D. Mhaiskar, Chairman other stakeholders at all levels, who provided as many workers have left the construction the coronavirus-induced lockdown. As per & Managing Director said, “Achieving financial their valuable support and cooperation in sites to head home. In an internal circular, MoRTH stats, the total highway construction closure, amounting to a whopping Rs.6,610 these challenging times.” the ministry has advised central engineering in April, 2020 fell to 210 km, almost one fourth service (CES) officers against laxity on their of 792 km logged in the same period last Thyssenkrupp Elevators win two airport contracts part and directed them to complete their year and constructed 10,237 km of national tasks within the given timelines. Agency and highways during 2019-20. hyssenkrupp Elevators has bagged elevators and escalators," the company said Ta contract supply 15 elevators and 8 in a statement. The expansion escalators for the Pune International Airport. In project will see investments of Rs 1,000 crore, Pune-Nashik high-speed rail line gets go ahead order to cater to the increasing demand for a and the funds will be used for expanding the he Pune-Nashik rail line project was semi-high speed corridor including double new airport in the city housing over 7.5 million terminal, cargo handling facilities, roads and recently given the go-ahead as the line railway broad gauge lines from Pune to Nasik people, the airport authorities are revamping parking space to augment capacity. Thyssen T will connect 2 essential powerhouses of the will allow the trains to operate at a speed of the existing airport. The Pune airport doubles up Krupp said it expects to complete the elevator country‘s most vibrant cities. The Maharashtra up to 250 km/h in the future. As both the cities as a civilian airport as well as a military airbase. and escalator installation work by March 2021. Rail Infrastructure Development (MRIDC) are fastest growing cities of Maharashtra "Airport is being revamped and expanded In addition, the company also won the project completed the DPR for the high-speed rail and together constituting 18 per cent of the to handle the growth and improve handling to install elevators and escalators at the LGBI and sent it to Railway Board & Maharashtra population of the state & contributing 19% capacity. ,000 sqmt new terminal airport in Guwahati, where it will be installing government for approval. As of now, there Gross Value. The MRIDC has aimed to building would be integrated with the existing 25 elevators, 10 escalators and two moving is no direct rail connectivity among Pune- operate the Pune-Nashik broad gauge rail line one and it will sport Thyssenkrupp elevator‘s walkers. Nasik. Rail network and rail users have to go with the commercial speed of 200km per hr via complicated route by Lonavala, Karjat, with coming addition up to 250 km per hour. NHIDCL floats bids for Rs. 125-cr highway project Panvel, Diva, Kalyan, Igatpuri till Nasik. The Railway line will touch 3 districts including This rail project will be the world‘s 1st semi Pune, Ahmednagar & Nashik by serving he National Highways & Infrastructure the National Highway-40 section from 81.740 high speed corridor over the broad gauge, seamless connectivity to industrial zones of TDevelopment Corporation (NHIDCL) has km to 93.490 km (design 0.000 km to 10.670 Maharail declared. MRIDC/MahaRail will be Pune and Nashik like Alandi, Chakan, Khed, invited bids involving the road improvements km) and improvement to four-lane section of completing the semi-high-speed double line Manchar, Narayangaon, Sinnar & Satpur, said in Meghalaya in the north eastern region NH-44 from design 0.000 km to 0.930 km, project that will reduce the travel time from an official spokesperson. of the country involving an investment (total length - 11.600 km) in Meghalaya on the Pune to Nashik for about couple of hours. This of Rs. 125.01 crore, claimed an official Engineering Procurement and Construction spokesperson, elaborating further he added basis. The project, which is financed by the that the scope of work includes upgrading JICA under the Loan Assistance (Package-I) the one lane road stretch into two lanes with commands a completion period of 36 months. paved shoulder. The project in question is on

STEC emerges lowest bidder for Rs. 1,126-cr RRTS project

he Shanghai Tunnel Engineering Co Ltd has project was opened in March this year wherein, Trecently emerged as the lowest bidder for a as per the NCRTC, five companies were found contract worth Rs. 1,126 crore being awarded by to be “technically compliant”. The project in the National Capital Region Transport Corporation question is expected to be completed by 2025. (NCRTC). The latter, which is a joint company of Delhi–Meerut RRTS project is an 82.15 km long, Governments of India, Delhi, Haryana, Rajasthan under construction, semi-high speed rail corridor, and Uttar Pradesh, mandated for implementing connecting Delhi-Ghaziabad-Meerut. As per the Regional Rapid Transit System, is all set NCRTC, it is one of the three rapid-rail corridors to award the construction contract of the 5.6 planned under the Regional Rapid Transport km underground stretch between New Ashok System (RRTS) project. With a maximum speed Nagar– Sahibabad of the Delhi–Meerut RRTS of 160 km/h (99.42 mph), the distance between project, said official sources, elaborating that the Delhi and Meerut will be covered in around 62 bidding for Rs. 30,274 crore Delhi–Meerut RRTS minutes.

NHAI gets go ahead to generate Rs. 50,000-cr via SPV

he National Highways Authority of India which have to be filled. The funds generated T(NHAI) has been given green signal to through NIIF will be spent over the next three go ahead with a plan to raise Rs 50,000 crore years and once it establishes a model. In through a special purpose vehicle (SPV) with July last year, the infrastructure funding body the National Investment and Infrastructure entered into an agreement with the national Fund (NIIF) for the Delhi-Mumbai expressway highways building authority to invest in road project and that the road building agency will projects. The SPV will allow NIIF to take appoint a merchant banker soon. NHAI‘s sovereign funds on board and can co-invest in external financing route was approved at a projects of the NHAI. All construction risk and recent meeting with the finance ministry, the land acquisition costs will be borne by NHAI official said, adding that the model would be under the SPV and in the first tranche, the finalized by next month. This comes amid construction cost of the 1,320 km long Delhi- the Covid-19 virus outbreak as government Mumbai expressway will be funded. NHAI spending remains muted and as NHAI looks has proposed to use the SPV funding mode to spur investment in road projects across for green field projects and expressways, the country. There are gaps in its requirement according to the official sources.

INDIAN INFRASTRUCTURE & TENDERS WEEK 3 Rajasthan fast tracks Rs. BRO kick-start two strategic roads along China border Feedback Infra wins mass 721-cr highway project he Border Road Organization (BRO) has executed by the Border Roads Organisation transit system contract recently launched two key roads near the (BRO), which is ferrying 11,815 workers T he Rail Land Development Authority he state government has fast tracked the China border in eastern — the site of a to areas near the China border in Ladakh, (RLDA) has recently awarded the contract Beawar-Gomti NH - 8 to be developed tense border stand-off with country’s northern Himachal Pradesh and Uttarakhand for T T of carrying out a pre-feasibility study of the from double-lane to four-lane highway and neighbor. The projects aimed at providing building strategic road connectivity. There‘s Mathura-Vrindavan Mass Transit System in the project as the project has already been connectivity to important forward area that a need to have an alternative road to DBO in the state of Uttar Pradesh. The purpose behind approved by the Union transport ministry, the military calls Sub-Sector North (SSN), Sub-Sector in the northern region. The DS- the initiative is to assess the development as said an official spokesperson, adding that said BRO sources, adding that the first is the DBO road can be interdicted at several choke well as monetization of a Mass Transit System strategic Darbuk-- (DS- points by Chinese forces during hostilities. National Highway with a length of about in around a 12 km meter gauge track between DBO) road that provides connectivity to the While the road from Sasoma to Saser La can 100 km will be completed in two packages. Mathura and Vrindavan. The project has been country‘s northern-most outpost, Daulat Beg connect with DBO, it will be an engineering In the first package, about 50 km length will aimed that smoothening travelling between Oldi, the second road being built from Sasoma challenge due to the terrain and may require be developed by spending Rs 380.29 crore Mathura and Vrindavan is going to be more to Saser La will provide an alternative route to construction of a tunnel too, said Lieutenant and in the second package the remaining 50 convenient and comfortable. According to DBO near the in the road axis General BS Jaswal (retd), a former Northern km length will be built at a cost of Rs 341.33 details, the 12 km gauge track is not widely in south-west of DBO. Both projects are being Army commander. crore. Under this project, 40 small bridges used and has a right of way (ROW) of around including 6 flyovers will also be constructed 20-22 meters. The pre-feasibility study will not and once it is commissioned the chances of Karnataka kick-start Rs. 220-cr airport project be limited to the identification of land banks road accidents on this route will be reduced that are available between Mathura and he state CM in Karnataka recently laid the and compound wall construction. Similarly, Vrindavan track as well as the monetization to a greater extent. There were many black foundation stone for the construction of the second phase will house, among others, T potential of operational assets thereat. spots on this route where accidents were airport at Shivamogga area of his constituency. a terminal building, ATC tower, fire station Feedback Infra will be required to conduct a caused due to wrong over taking of vehicles. The project aimed at constructing the well- building, among others. The project in question detailed study on traffic analysis, monetization Currently, this road is six-lane from Jaipur to equipped airport with matching facilities at has been planned under the Udan scheme of project potential, the recommendation of Beawar and four-lane from Gomti to Udaipur. Sogane in Shivamogga taluka at a cost of Rs of the Central government and has been transport solution, as well as estimation of After the four-lane road from Beawar to Gomti, 220 crore on an area of 662.38 acre. The project envisaged to provide affordable air travel to project financial and economic returns. The traffic from Delhi to Jaipur, Ajmer, Beawar, will be taken up in two phases and is slated people. After the stone laying ceremony, he proposed mass transit solution will comprise Udaipur and will become more to be commissioned a year's time. The first directed official concerned to complete the a two third lane road along with a bridged phase of the airport project consists of runway, airport work on time without compromising on streamlined. metro/bus transit system/light rail that can taxiway, apron, approach road, peripheral road the quality of the construction materials. withstand a high footfall of passengers, Ved Parkash Dudeja, Vice Chairman, RLDA, said GHR Infra launches 4.7-acre residential project detailing that the proposed transport system will be instrumental in ushering in commercial HR Infra a renowned real estate builder project are 23,700 sq ft multipurpose club development of Vrindavan, which is a popular has recently launched a 4.7 acres house, high end outdoor sport courts, indoor G religious destination. residential housing project in the upmarket swimming pool, gym and fitness centre along Kondapur area of the city in Telangana. The with joggers and walking tracks. Titania is the project, which has been named as GHR project of the future, which many residents will Grundfos acquires Denmark- Titania, will be housing four blocks of 480 look forward for its efficient and sustainable based Eurowater aesthetically designed smart residential luxurious smart apartments and the builder apartments with smart living and smooth looks forward for an exciting response from rundfos has entered into an agreement connectivity, said Karteesh Reddy, CEO, the people looking forward to own a premium Gto acquire Eurowater thereby marking GHR Infra, elaborating that it provides organic and smart homes at the IT corridors at an important milestone in the company’s plantation, terrace garden, vertical gardens Kondapur. ongoing efforts to pioneer solutions to tackle across open spaces. Also included in the global water challenges, Ulrik Gernow, Group Executive Vice President, CMO, at Grundfos, said adding, ”Eurowater is an outstanding company and we are truly impressed by its organization and the people we have met. The Eurowater and Grundfos businesses share many similarities, including a sharp focus on innovation and offering high-quality products and value-added services to customers. The acquisition aligns closely with Grundfos’ strategy to strengthen its innovation leadership within water technology, and supports the company’s purpose to pioneer solutions to the world’s water and climate challenges and improve the quality of life for people. Eurowater brings a broad portfolio of solutions and a deep understanding of water treatment applications and end- users and enable it to strengthen its value proposition to customers. When complete, this acquisition will further advance us in our important work to address water challenges on a global scale.” “With the global reach and presence of Grundfos and the extensive experience in producing first class products, the company sees great opportunities to boost the development of innovative and water efficient solutions to the benefit of our many customers,” says Torben Buhl, Managing Director for Eurowater. Headquartered in Denmark, Eurowater serves primarily the European markets with a range of water treatment offerings, with a focus on customers in the industrial and municipal sectors.

4 INDIAN INFRASTRUCTURE & TENDERS WEEK Haryana offers sops for industries relocating from China GMR inks green field pact

ess than a month after suggesting implementation of the project within two years. irport major GMR Infrastructure has for that, said an official of the LHaryana as an alternate for multinational There is a provision of two extensions of one Asigned an agreement with the Andhra Airports Development Corporation Limited, companies and foreign investors keen on year each but there will be no extension after Pradesh government to develop a green field the nodal agency of Bhogapuram airport. The shifting base from China, the Haryana State four years of allotment. The industries which airport at Bhogapuram, near the port city of state Cabinet recently accorded approval to Industrial and Infrastructure Development will be given priority in allotment include auto, . An official spokesperson the project. As against 2,700 acres, which Corporation (HSIIDC) has issued details of auto components and light machines, agro- said, adding that GMR won the bid by offering was to be handed over for development of the land lease policy for investors. Unlike previous based food processing and allied industries, to pay Rs 303 per passenger fee; GVK had airport, GMR will now get 2,200 acres. The rest allotments, this time there will be two categories textile apparel, footwear and accessories, IT offered Rs 202. Reliance Airport Developers, 500 acres will be with the state government for of plots less than one acre (but above 1800 sq and ITES. Haryana CM had video interactions Essel Infraprojects, Fairfast India Holdings, development. For GMR, it is the second green metre) and one acre and above. HSIIDC has with representatives of MNCs, especially from and National Investment and Infrastructure field airport project in its kitty in India. The fixed Rs 10 crore as price for plots less than US, Korea, and Japan in May and had offered Fund had also participated in the bidding. The group will also develop the new an acre (above 1,800 sq metre) and Rs 25 Haryana as an investment destination. Around current state government‘s relationship with in Goa. ―Bhogapuram airport is a strategically crore for plots measuring one acre and above. 60 companies had expressed keenness to the Centre helped things as more or less the located, high-potential airport, claimed G K The plots will be allotted on basis of e-bidding invest in India and most of the companies AAI has agreed to shut Vizag airport from 2022. Kishore, executive director (South), and chief and the winning bidder will have to deposit keen to shift their base from China to India The state government will compensate the AAI innovation officer, GMR Airports. 20% of the cost upfront and then complete have already got units in the state. Welspun takes up construction of eight-lane NH stretch

NMDC starts mining at Bacheli block in Chhattisgarh n a recent development in the highway spokesperson of the company, claiming that it he National Mineral Development annum (MTPA). About the details of NMDC Isector, Welspun Enterprises has taken has recently received a copy of endorsement TCorporation (NMDC) has resumed mining mines in Chhattisgarh, he said the company has over the construction of eight-laning of agreement between the National Highways activity at the iron ore complex in Chhattisgarh, two mining complexes of total installed capacity Mukarba Chowk Panipat Section (15.500 Authority of India (NHAI) and Welspun NMDC Director (Production) P K Satpathy, said of 29 MTPA. "The company pays around Rs km to 86.000 km) of NH-1 (New NH-44) at Infrafacility, a wholly owned subsidiary of elaborating that the company resumed all mining 1,800 crore to the state government as taxes Panipat in Haryana on design, build, finance, Welspun Enterprises, and that the agreement activities including loading works at Kirandul annually. Besides, it spends more than Rs 150 operate and transfer basis (DBFOT) under the has completed the process of takeover of the mine in an area where the mineral from a mine crore annually in Chhattisgarh state itself on harmonious substitution route, said an official highway stretch. is stored before dispatch through railway rakes CSR activities which include education, medical or roads. The Bacheli mine, with production of care, infrastructure apart from providing skill 12 million tons, accounts for about 40 per cent development training for enhancing income Kerala speeds up Kochi-Bengaluru industrial corridor of NMDC's total output of 33 million tons per generation of the local population," he said. he state government in Kerala has fast appointed by the National Industrial Corridor Ttracked the execution work of the much- Development Corporation for master planning NHIDCL floats bid for Rs. 137-cr road in Sikkim awaited Kochi-Bengaluru Industrial Corridor of the land and detailed engineering. After the (KBIC) project, Additional chief secretary signing of the agreement, the state will speed n an attempt to add to the existing road network Alkesh Kumar Sharma said, elaborating up master planning. It will take eight months Iin the north eastern region, the National that KBIC is being executed in partnership for the preparation of the master plan and that Highways and Infrastructure Development between the state and Union governments. the project will be managed by special purpose Corporation (NHIDCL) has invited bids for the The state has finalized and approved the state vehicle (SPV) and as of now Kerala Industrial construction of road works in the state of Sikkim support agreement (SSA) and shareholder‘s Infrastructure Development Corporation, involving an investment of Rs. 137.93-crore. The agreement (SHA) for KBIC and it has been (KINFRA) is the nodal agency for the project, scope of work in the project includes construction 90.210 km) in Sikkim under SARDP-NE Phase-A sent to the Union government. Once the Centre KINFRA managing director Santhosh Koshy of two-lane specification road with paved framework on engineering, procurement and approves it, both the Centre and state will Thomas said that the agreements for the shoulder as realignment (green field alignment) construction (EPC) basis (Package-VI). The ink the accords and will speed the execution project would be signed by both the state and of the existing stretch between Legship to project commands a completion period of 18 of KBIC. An international agency will be central government very shortly. Gyalshing of NH-510 (design ch 75.000 km to months, said official NHIDCL sources.

INDIAN INFRASTRUCTURE & TENDERS WEEK 5 December – 2015

Ircon invites bids for Rs. 162-cr rail infra project A&M Group approves Rs. 100-cr for BKC metro line rcon International has invited bids for new supply of rails) for the feeder lines. The lines uropean infrastructure development cancelled due to the company‘s inability to IBG electrified rail line in Chhattisgarh connect Chhal siding (0-8.45 km), Baroud Ecompany A&M Development Group has achieve a financial closure. Recently, Oberoi- involving an investment of Rs. 162.99 crore. siding (0-4.45 km) and Durapur siding (0-6.85 committed Rs 100 crore to a Mumbai metro rail A&M Infra-Consortium wrote to the state The project in question commands scope of km) in connection with the construction of new project along with RCC Infra Ventures through government expressing its commitment to work including earthwork and blanketing work BG electrified railway line of East Corridor-I its recently formed Indian arm, Oberoi-A&M bring in the funds to revive the project. The for railway formation, minor bridges, major between Kharsia (0 km) to Dharamjaygarh Infra-Consortium. The company, backed by Oberoi-A&M Infra-Consortium not just looking bridges, ROBs, track linking works (including (74.0 km) with a spur from Gharghoda to Gare Nasdaq-listed Polaris Energy Resources, at just government contracts but also helping supply of sleepers and ballast but excluding Pelma over South East Central Railway. has sought permission to invest in Chembur- private companies facing funds shortage in Bandra-Kurla Complex (BKC) phase of the completing various activities, Inderjot Singh BRO launches construction of 202-km NH in Imphal Mumbai metro project. This will be A&M Oberoi, country head (India-Saarc), Oberoi- Development Group‘s maiden investment in A&M Infra-Consortium, said, adding that of onstruction of the 202 Km long is underway for the 83.5 km long Shangshak- India after its announcement in April to invest the total $20 billion, the investment is Rs 100 CShangshak-Tengnoupal highway (NH Khonglo section of NH 102-A and for the 40.5 $20 billion in mega projects including smart crore with RCC and the company plans to 102-A) has been started by the Border Road Km long Khonglo-Kasom Khullen section, the cities in the country in coming years. The take this further to Rs 500 crore for completing Organization (BRO) recently. The organization work has been awarded to a contractor with MBZ-RCC Infra Ventures joint venture had projects in roads, low-cost housing and other had launched the project in 1993 but the letter of acceptance and an agreement has bagged the contract for the project, but it was future projects. abandoned it without achieving any tangible also been signed. But the 10 km long Kasom progress. The project then was brought under Khullen-Yairipok junction has already been Provident Housing launches 20-acre plotted project the State PWD as a State highway but it also constructed as a part of another project funded n a bid to diversify its business and cater while premium affordable residences are under failed on standardization clause. The NH by ADB. Work order and letter of acceptance for to the surging demand for plots offered Provident Housing brand, launched in 2008. would connect with Imphal-Moreh highway at the 68 km long Yairipok junction to Tengnoupal- I by leading developers, Provident Housing, Puravankara has completed and delivered Tengnoupal- junction. On the other hand, Sita junction have been awarded to Rajasthan a wholly owned subsidiary of Puravankara 40 million sqft of project while around 20 it would also connect Shangshak with Finch based M/S Varha. Construction work of the Limited, has forayed into plotted development. million sq ft of projects are under development Corner and then with Imphal-Ukhrul road the highway began recently in the section, which The project, Provident Woodfield, is located across residential and commercial segments. former is being constructed only after it was was awarded to another contractor. The project in Electronic City, will be the first plotted It managed to sell flats even during the declared as NH 102-A by the Ministry of Road is slated to be completed in one year provided development project by Provident Housing. lockdown and will launch all the future projects Transport and Highways. Due tender process there are no undue disturbances. Spreading over 20 acres, the project offers on schedule. The developer also plans to various plot sizes ranging between 1200 and double its commercial and retail portfolio to 2400 sqft. Currently, 65% of the company‘s 10 million sqft by 2023 for which, Puravankara RITES secures tunneling consultancy contract business comes from mass housing brand, has already acquired land in Bengaluru, dding to its project portfolio in the country’s for Construction of Highway tunnels across Provident, while rest from Puravankara brand, Mumbai, Pune and . The developer Aroad and highway sector, RITES has multiple locations including certain sections said Ashish Puravankara, MD Puravankara, plans to launch 8.7 million sq. ft. over the next recently received an order for Consultancy on Darcha — Padam road on the national elaborating that the company currently builds three quarters, most of it under its premium Services and preparation of Detailed highway 301 and also covering approaches in luxury homes under Purvavankara Luxury, affordable housing segment, Provident. Project Report from National Highways & Himachal Pradesh and Ladhak regions. The Infrastructure Development Corporation contract in question has been secured by the Global Analysts laud Delhi-Mumbai e-way as a silver line Limited (NHIDCL). In the contract, works also RITES in a Joint Venture partnership and its included extending pre- Construction activities fee is worth Rs. 55 crore. nalysts across the world have taken note constrained. Project per se is not dramatically Aof the appreciable pace and progress of large at 1,250 km versus NHAI's annual Delhi-Mumbai expressway and have lauded ordering of 3,000 km but reflects a positive project as a silver lining in the roads sector. fresh approach and speed of execution, A research report by foreign brokerage, the research noted. The report notes the Credit Suisse notes that expressway activity impressive progress on the Delhi-Mumbai is impressive with almost the entire stretch in expressway and the entire stretch is in action. action. This is the first green field expressway Of the total original distance of 1,261 km, by the NHAI. This is also the first time that action has started on almost the entire stretch NHAI is working on a green field alignment as 497 km is currently under construction, 162 for such a large project as it turned out to km has been awarded and contractor has to be cheaper and faster based on lower land begin work and another 569 km, which is in acquisition cost and lesser burden of shifting the bidding stage. The DPR is pending for utilities and rehabilitation of people living just one stretch of 33 km and that there is an along the corridor. This was necessitated additional 91 km spur to JNPT that has been as existing corridor is already six-lane but planned and for which a DPR is also under congested and incremental development is preparation.

Jindal Stainless surges ahead in export orders indal Stainless Limited (JSL), India’s export markets in the EU and Russia, which Jlargest stainless steel manufacturer, has constitute the bulk of our export volumes. regained its footing in export volumes by Besides, we are also looking afresh at other ramping-up production for global markets. markets like Korea and South America With India yet to lift all lockdown restrictions, to maximise exports. We are optimising JSL’s strategic initiative to recapture volumes operations at our plants to align with the in the export markets is yielding encouraging market conditions and we’ll be swift to respond results. In the month of May, JSL despatched to domestic demand upon revival.” export orders of over 12,000 tonnes, comprising more than 40% of the entire share of its despatches. In a normal month, this percentage hovers around 18-20%. In June, the Company is slated to despatch over 18,000 tonnes, taking the export volume back to pre-COVID-19 period. Commenting on the development, Managing Director, JSL, Mr Abhyuday Jindal said, “We’ve adjusted our sails to weather the storm. We’re aggressively chasing 6 INDIAN INFRASTRUCTURE & TENDERS WEEK Sandeep Mahajan takes over as MD India of Goodyear Covid-19: A blessing in disguise for Indian realty sector

oodyear, one of the world’s largest tyre I congratulate him on his new role. He has lthough the outbreak of Covid-19 has had returns, and with improved affordability in the Gcompanies, announced the appointment made significant contribution to the company Aa deep impact on the realty market in India current scenario, it has gained attention of of Sandeep Mahajan as the Managing in the past eight years and I am confident that but at the same time NRIs are increasingly both locals and NRIs across the world. The Director of India operations with effect from under his leadership Goodyear will further shifting their choice to buy properties in India. NRI investors have always been the first to June 1, 2020 for a period of 5 years or up strengthen its position in the India market. With thousands of international brands now forecast such trends and enjoy the first moved to the date of superannuation or retirement. His deep knowledge in Retail and diverse looking at India over China as their preferred advantage, disregarding the general sentiment. He succeeded Mr. Rajeev Anand, who is experience across domestic and international destination for production and business going Especially since the establishment of RERA, superannuating from the company after markets will help Goodyear grow its business forward, India is gearing up for some major international buyers have gained confidence to completing more than 38 years of service and in the India region”. The new MD has influx of global investments, that will have an invest in India, more than over, through a more will continue as the Chairman of the Board for successfully led Farm, Commercial, OTR and impact across various industries, directly or transparent format of engagement, with reliable India operations with effect from June 01, 2020 Consumer businesses within Goodyear over indirectly. In the current scenario, while many developers and properties that are registered till December 31, 2020. Mr. Rajeev Anand has the last 8 years. He has been instrumental are considering moving their under RERA, which bases back to India to be secures their investment, held numerous senior leadership positions in consolidating the market leadership of the a part of this growth story, even while settled abroad. in India and ASEAN over the past 38 years Farm business in India. Mr. Sandeep Mahajan some purely want to invest Predominantly, UAE, USA, at Goodyear. Most recently he served as the has over 29 years of experience in working in their home cities, to feel a UK, and Canada are the Chairman & Managing Director of Goodyear with large and well-known multinational sense of security in a known biggest source of NRI India which lasted for more than 11 years. His companies. Mr. Sandeep Mahajan started territory. As per one of the investment in India, with 42% earlier roles include “Manufacturing Director his career with Tata Steel Ltd and has had leading real estate advisory of the total inflow coming – ASEAN & India”, “Director Manufacturing extensive sales & marketing experience at firms, NRI investments in from GCC alone. As per the & Strategic Initiatives – India” and the Hindustan Unilever Ltd and LG Electronics. India will hit an all time high Ministry of External affairs, Company’s “Chief Operations Officer”. Under He brings extensive P&L as well as sales and of $13.1 billion in FY 21. nearly 8.9 out of 12 + million his leadership, Goodyear operations grew marketing experience, both in Indian and key Over the years, this cluster Indians living abroad are significantly in India. global markets. Sandeep holds a Bachelor’s with higher disposable based in West Asia alone, of Welcoming the new MD, Chairman of in engineering (Mechanical). He also holds a income compared to local buyers has become which there are 3.3 million in the United Arab Goodyear India, Rajeev Anand, said, I am Post Graduate Diploma in Management from an important driving factor of the real estate Emirates, 2.6 million in Saudi Arabia and 2.9 happy to hand over this role to Sandeep. the Indian Institute of Management, . market in India. With dollar gaining strength million in Kuwait, Oman, Qatar and Bahrain. against rupee, a competitive marketplace with GCC contributes close to $40 billion annually negotiations tougher than ever, and a sense of as international remittance to India. Even after BDA Webinar turns out a big draw moving back to homeland, being a few among having spent a significant part of their work life many reasons, developers have experienced in these countries, citizenship is not an option he COVID-19 crisis offers great differently with the government and that was a sudden spike in enquires from international available to the Indians based in the Gulf opportunity to the real estate industry to not the right way. Uniting the associations will T buyers, even while the industry faces the region, which brings them back to India when it reshape mega cities like Mumbai but this can give us a voice which is stronger and will help toughest quarter in the past two decades. In comes to investing in assets like a house. Also, only happen if specific policy changes are us to communicate with the government in the view of this, NRI buyers have become more with Dirham gaining value against the rupee, announced by the authorities. These were right way. active and intriguingly the demand continues NRI enquiries from Dubai have been among the key takeaways from the Brihanmumbai Nayan Shah, President, CREDAI MCHI, to grow from such clientele. Time and again, the highest and they are expected to make big- Developers Association (BDA) ‘Mega Unity drew a comparison between real estate as the real estate industry has proven to be an ticket investments in the housing projects in the Webinar,’ held in Mumbai recently. The a percentage of India’s economy vis-à-vis attractive asset class with healthier relative coming months. mega webinar brought various developers that in the USA, UK and China. “About 6% associations, channel partners associations, of India’s economy is real estate. India’s real architects engineers associations and allied estate value is $1.20-1.40 billion, our share associations together on a common platform will go upto $500-600 bn in the next 5-6 for the first time ever and highlighted the years. The is spending pains of real estate sector and come up with more than Rs7 lakh crores in agriculture, practical solutions and suggestions. while the real estate sector is only asking for Harrish Jain, Vice President, Brihanmumbai Rs30,000 - 40,000 crore to grow from $140 Developers Association (BDA), explained, bn to $500-600 bn. We are going to try to get “This pain has brought us all together, it relief from central government and Reserve may unite us together also. Real estate has Bank of India and the finance ministry, not as been facing multiple problems and now the a matter of sympathy but because we have current crisis of COVID-19 has added to the strength and we can make a big difference in sufferings. Earlier we were communicating the economic status of the country.”

MoRTH orders release of Rs. 8,000-cr to road contractors

he highways ministry issued orders to is recommended to be released in proportion to Tquickly release Rs. 8,000 crore, the the work already executed in accordance with retention money of contractors in proportion to the contract specification and further retention the work done and making changes to enable money from the period from three months up monthly payments, among other Covid-19 to six months may not be deducted from the relief measures for improving liquidity with bills raised by the contractor. The retention highway contractors and concessionaires. money to be released in case of contracts on In release orders, the ministry had allowed engineering, procurement and construction extension of project timelines between three to (EPC) basis could be between Rs 3,000 crore six month and payments to subcontractors via and Rs 4,000 crore and in case of projects on an escrow account, besides giving a relaxation hybrid-annuity mode, it could be around Rs in Schedule H that will enable monthly 700 crore. With changes in the Schedule H, a payments to contractors for the work done. sum of Rs 3,000 crore is likely to be released. The extension of project timeline, however, Generally, agencies like the National Highways has been done without any compensation to Authority of India (NHAI) do not establish contractors for cost of idling, and delays in escrow accounts for EPC contracts. Following execution of projects. So far, the extension the guidelines, an escrow account between is without cost, but there may be further NHAI, main contractor and subcontractor could clarification on this if contractors raise the be made, with the subcontractor bearing the issue, said official sources, adding it is difficult withdrawal rights. This will ensure that the to assess the claims on idling and delays in smaller players in the sector taken care of. For construction, these could lead to arbitration in all national highway tolling contracts, loss in the future. Retention money (which is part of the collection of toll fee will be compensated as per performance security till construction period), the contract conditions, the guidelines said.

INDIAN INFRASTRUCTURE & TENDERS WEEK 7