26-03-2012, 01:32 PM
MODERN TRENDS IN ROAD CONSTRUCTION INDUSTRY
L&T.ppt (Size: 3.8 MB / Downloads: 200)
PRESENT TREND IN INDIAN ROADS CONSTRUCTION INDUSTRY
Size
India has an extensive road network of 3.3 million kms – the second largest in the world
Roads carry about 61% of the freight and 85% of the passenger traffic
Highways/Expressways constitute about 66,000 kms (2% of all roads) and carry 40% of the road traffic
The Government of India spends about Rs.18000 crores (US $ 4 billion) annually on road development
PRESENT TREND IN INDIAN ROADS
The ambitious National Highway Development Project (NHDP) of the Government is at an advanced stage of implementation. Key sub-projects under the NHDP include:
a. The Golden Quadrilateral (GQ-5846 kms of 4 lane highways)
b. North-South & East-West Corridors (NSEW-7300 kms of 4 lane highways)
5. Program for 4-laning of about 14,000 km of National Highways is underway
Outlook
Annual growth projected at 12-15% for passenger traffic, and 15-18% for cargo traffic
Over $50–60 billion investment is required over the next 5 years to improve road infrastructure
Potential
Road development is recognised as essential to sustain India’s economic growth
The Government is planning to increase spends on road development substantially with funding already in place based on a cess on fuel
A large component of highways is to be developed through public-private partnerships
Several high traffic stretches already awarded to private companies on a BOT basis
Two successful BOT models are already in place – the annuity model and the upfront/lumpsum payment model
Health, Safety & Environment
At ECC, safety is given the highest priority. The Occupational Safety, Health and Environment Policy enunciated by the Corporate Management lays emphasis on Safety, Health and Environment through a structured approach and a well defined organization. Systems and procedures have been established for implementing the requisites of safety at all stages of construction and in respect of plant machinery and materials.