Maharashtra has 21 road projects worth over Rs 4,800 crore under operation in public-private partnership (PPP) mode as of August, said Assocham.
Uttar Pradesh has over 15 road projects (33 per cent) worth over Rs 55,000 crore under construction and Karnataka has 53 road projects (49 per cent) worth over Rs 25,000 crore under bidding, the apex industry body added. An Assocham study — PPP in Road Sector 2012 — said there were about 115 road projects worth over Rs 21,600 crore under operation, 219 road projects worth Rs 1.65 lakh crore under construction and about 98 projects of over Rs 51,000 crore under bidding.
Eight projects worth Rs 191 crore were reversed to the public and about 11 projects valued over Rs 5,200 crore in the expression of interest (EoI) stage. Three projects totalling Rs 180 crore were cancelled, it added.
With 11 road projects worth over Rs 4,400 crore, Tamil Nadu ranked second to Maharashtra (22 per cent share) in road projects that are operational, followed by Rajasthan (28 projects worth over Rs 3,400 crore), Madhya Pradesh (14 projects worth over Rs 1,800 crore) and Andhra Pradesh (seven projects worth over Rs 1,700 crore).
While Gujarat ranks second with a share of over eight per cent and has about 22 road projects worth over Rs 13,600 crore under construction, Tamil Nadu with 21 road projects worth over Rs 12,700 crore under construction has third highest share of about 7.7 per cent followed by Maharashtra (7.3 per cent) and Andhra Pradesh (5.8 per cent). “There are a total of about 881 projects worth over Rs 5 lakh crore being carried out in the country as of August, 2012,” said D.S. Rawat, National Secretary-General of Assocham.
“While there are about 230 projects worth about Rs 70,000 crore under operation, there are 432 projects worth over Rs 3.8 lakh crore under construction and 172 projects worth over Rs 78,000 crore under bidding on the PPP mode. “The roads sector forms almost 52 per cent in number and 45 per cent in value terms (457 projects worth Rs 2.4 lakh crore) of the total PPP projects that are in different stages of implementation,” he added.
It has recommended facilitating infrastructure financing loans, ensuring speedy clearance to projects and imparting advanced training facilities to enhance the capabilities of the road construction industry.