Tuesday, June 28, 2022

Table of Contents for Ticker Tape -





Mumbai-Ahmedabad Bullet Train: State-of-the-art Girder launcher machines used on viaducts to expedite progress

The National High Speed Rail Corporation Limited (NHSRCL), which is implementing the Mumbai – Ahmedabad High Speed Rail Corridor Project, has introduced new advanced technology for expediting the progress of India’s first Bullet Train project. According to the Railway Ministry, the state-of-the-art girder launcher machines are being utilized on viaducts of the Bullet Train project. The leading edge technology will enhance the productivity of the High speed rail corridor project, the Railway Ministry stated. Last month, Railway Minister informed the Lok Sabha that nearly 89 per cent of land required for this ambitious rail project has been acquired by the Centre. According to the Union Railway Minister, the execution of the nation’s first ever Bullet Train project, Mumbai – Ahmedabad high speed rail (MAHSR) has been delayed especially due to delay in the process of acquisition of land in the state of Maharashtra and also because of consequent delays in the finalization of contracts as well as adverse impact of the COVID-19 pandemic. The minister further mentioned in the Lok sabha that out of a total of the 1,396 hectares of land that is required for the Bullet Train project, approximately 89 per cent, about land of 1,248 hectares, has been acquired.

According to him, 68.65 per cent of the total land of 297.81 hectares required for the Bullet Train project has been acquired in Maharashtra. He further said, five villages in the district of Palghar in the state of Maharashtra have passed the proposals in Gramsabhas, in order to oppose the land acquisition process for the ambitious MAHSR project. These five Maharashtra villages are Warkhunti, Kallale, Man, Sakhare and Khaniwadi, the Railway Minister noted. Meanwhile, in Gujarat, 98.76 per cent land out of 954.28 hectares needed for the project has been acquired, the Union Minister further said.




Highway construction falls 20% on year in FY22

Highway construction fell by a fifth on year in 2021-22 at 29 km per day. The construction was far less than 40 km/day target set at the beginning of last fiscal. The achievement was also lower than the revised target of 33 km/day for the fiscal and 36.5 km a day achieved in 2020-21.

While highways have been one segment that has consistently been weathering the broader economy’s travails and even the pandemic shock in 2020-21, the fall in the pace of average daily construction in 2021-22 is mainly due to protracted rains and multiple cyclones that affected construction work in several southern states, analysts said. The second wave of the pandemic also hit construction.

Given the backdrop of Covid and an extended monsoon, this is certainly good achievement and also this goes to show the depth of the sector in terms of execution capability. Few relaxations in terms of reduced earnest money deposit (EMD) helped developers in maintaining a healthy cash flow which aided in maintaining a healthy momentum.

The pace of execution has taken a beating due to unseasonal rains and cyclones in multiple geographies which also coincided with peak working season. While February and March were expected to be much better but the steep rise in input prices limited the ability of players to ramp up significantly; therefore, the productivity loss in Q3 could not be made up.

In 2020-21, a total of 13,327 km national highway stretch was developed by all executing agencies, including the National Highways Authority of India (NHAI).

The initial higher target of constructing 14,600 km highways in 2021-22 was based on the assumption that the pace of construction in 2020-21 could be prevailed.

However, towards November-December last year, the ministry lowered the target to 33 km a day or 12,000 km for the entire 2021-22 fiscal as construction hit roadblocks, first by the second wave of Covid-19 pandemic and then prolonged rains and cyclones.

Though the construction target for the current fiscal is not immediately known, minister for road transport and highways Nitin Gadkari, in a reply to a Parliament question, said that the ministry plans to construct around 28,391 km highways in 25 months, at a daily average of around 38 km, starting from March this year.



Awarding of new road projects increases sharply to 5,113 km in March

The length of road projects awarded by the National Highway Authority of India (NHAI) and the Ministry of Road Transport and Highways (MoRTH) together increased a little over two times to 5,113 kilometres (km) in March 2022 from the year ago.

It was nearly six times higher than 735 km of the road length awarded in the previous month. With this, the total length of projects awarded in FY22 increased by 22% year-on-year to nearly 12,731 km.

According to analysts, the government has increased the pace of awarding of roads projects after the elections in five states. That would also help MoRTH to achieve its target for the full year.

While the awarding of projects improved, their execution was slower during the past fiscal year due to shortage of labour, funding issues and delayed payments by the government. The pace of road construction reduced by 21% to 10,457 km in FY22 from the previous year while average daily construction fell by 21.4% to 28.6 km.

In the coming quarters, analysts estimate that select road construction companies which follow asset-light business model, which helps them maintain stronger balance sheets, would receive a premium from the street. Such well diversified companies in terms of the order book include KNR Constructions and PNC Infratech.



Centre set to sanction Rs 650 crore for road to Kailash Mansarovar

The central government will soon approve a road project worth over Rs 650 crore to enable the journey to Kailash Mansarovar via Uttarakhand instead of Nepal or China.

The central government is set to start the work for the last section of the India-China border link road that will provide connectivity to Kailash Mansarovar. This link road from Uttarakhand will allow vehicles to drive just 75 km away from the pilgrimage site.

the government is engaged to expedite the work on the project. The Center is preparing to rope in top construction companies and contractors from L&T to Tata Group to bring in mechanized construction. The Ministry of Road Transport and Highways (MORTH) has already started talks with top firms. Important steps to take the project forward have been completed.

The Border Roads Organization (BRO) has completed ‘road formation’ of the entire 150 km link from Ascot to the India-China border. The ‘Road Formation’ includes the geological and terrain challenges besides deciding the shape on which the road will be built. This challenging task was successfully completed by BRO in the inhospitable Himalayan terrain.

The Ministry of Road Transport and Highways is ready to sanction funds to pave the last 80 km of road from Ascot to the border. 

The hardest part in this case was the road formation. Now with the road formation, the road construction will start. It will soon be approved by the Center. We are planning to complete the entire two-lane road highway within 2-3 years. expect.

Once the entire road is built, it can be reached from Pithoragarh in Uttarakhand to the Indo-China border in 5-6 hours. The official said it would take around two hours to reach the site from there. At present, Kailash can reach Mansarovar in two to three weeks. Current routes are through Sikkim or Nepal.



Rail Vikas Nigam Signs MoU with ICF for Kolkata Metro Railway Project 

Rail Vikas Nigam has signed an MoU with ICF for the manufacturing and acquisition of 296 numbers of communication-based train control system compliant Metro Coaches for the Kolkata Metro Railway Project under execution by Rail Vikas Nigam.

This action has been taken under the ‘Make-in-India’ initiative by the company.



Ultracab (India) bags prestigious orders form Governments and PSUs.

Ultracab (India) Limited, a certified wires, and cables company informed that it has bagged prestigious orders from various Governments and Public Sector Companies of India named Gujarat State Electricity Co. Ltd (GSECL), Southern Power Distribution Company of Telangana Ltd., Gujarat Narmada. Fertiliser Company Ltd. (GNFCL), Hindustan Aeronautics Limited (HAL), National Fertiliser Ltd. Ultracab is the leading manufacturer and exporter of electric wires and cables in India, and working in this domain for more than 22 years.

As the leading manufacturer and exporter of electric wires and cables in Gujarat (India), have specialized in Instrumentation Cables, Elevator Cables, High-Temperature Automotive Cables, and UL Approved Cables.



SPML Infra signs agreement of Jal Jeevan Mission-Isarda water supply project valued at Rs 1157 Crore

SPML Infra signed the Contract Agreement with PHED, Rajasthan for a large water supply ‘Isarda Water Supply Project’ under the Jal Jeevan Mission to provide clean drinking water to 25 Lac population in Dausa and Sawai Madhopur districts in Rajasthan.

The project valued at Rs1157.80 crore (USD 151.60 Million) is aimed to provide clean drinking water facilities to about 25,00,000 people residing in 1256 villages and 6 towns of Dausa and Sawai Madhopur districts in Rajasthan. The project will be completed within the stipulated 24 months period (3% incentive will be given for completing before timeline) and after the defect liability in a year period, SPML Infra will be responsible for managing the operation & maintenance of the project for next 10 years’ time.

SPML Infra has become a trusted partner to execute medium and large water supply projects under the most ambitious ‘Jal Jeevan Mission’ scheme in both rural and urban India. The company has already executed a number of projects under this scheme in different states and has created a landmark with faster execution of projects in an effort to achieve the goal of ‘Har Ghar Jal’.



India’s first Integrated Smart City launched in Tamil Nadu with over 150 world-class amenities

A real estate developer- G Square, launched Tamil Nadu’s first Integrated Smart City in Coimbatore spread across 120.7 acres. It is a first-of-its-kind project in India with over 150 world-class amenities, including a helipad and a 50,000 sq. ft clubhouse. Coimbatore’s Smart City would help the firm promote projects on plots through its new project G Square City, according to an IE report. Located along the Salem-Kochi Highway which is popularly known as the Coimbatore bypass, G Square City shall be the first Integrated Smart City in the state of Tamil Nadu encompassing as many as 1,663 villa plots as well as 26 commercial plots spanning over 120.7 acres.

According to the report, the residential elite plots are priced at Rs 8.5 lakh and premium plots at `9.5 lakh per cent as an early-bird price. The residential plots in the Smart City are starting from Rs 28 lakh, while commercial plots are starting from`2 crore. G Square CEO N Eshwar was quoted in the report saying that this is a big and crucial milestone for them to set up the first and the only Integrated Smart City project in India through G Square City.

The G Square City has put a lot of effort into conceptualising this Smart City project by researching various aspects like prime location accessibility as well as the latest technological advancement.

The city of Coimbatore is part of the Modi government’s Smart City Mission undertaken by the Housing and Urban Affairs Ministry. The purpose of the Smart City Mission is to drive economic growth as well as improve the quality of life of people by allowing local area development as well as harnessing technology.

According to Eshwar, G Square City is the Tamil Nadu state’s first integrated smart city with proposed hospital, school, bank, mall as well as a convenience store that is touted to be a smart community project, which would integrate both, infrastructural development and technological advancement, and also, provide some of the finest amenities at the same time.

Leave a Comment

Email Address
(will not be published)