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The National Highways Authority of India (NHAI) had awarded the work for the four-laning of the Meerut-Bulandshahr section of NH-235 from 8.800 km to 73.512 km (design chainage in the state of Uttar Pradesh under NHDP Phase IV on Hybrid Annuity Model), for a concession period of 17.5 years, including a construction period of 910 days, i.e. two-and-a-half years, and an operation and maintenance period of 15 years to Freedom Point Expressways as concessionaire. Apco Infratech, who was the lowest bidder, had incorporated a SPV, Freedom Point Expressways (FEPL), as the concessionaire for development of the project.

??EPL had entered into a concession agreement (CA) with NHAI on March 4, 2016, for construction, operation and maintenance of the project,??informs DK Srivastava, Executive Vice-President, APCO Infratech. The CA sets out the scope, rights and obligations of all the parties, overall framework for the development, and operation and maintenance of the project. While the project bid was floated by NHAI at end of 2015, the appointed date was declared as April 28, 2017. ??uring this course of time and the completion period as well, the project alignment features have been modified to cater to the topographic and demographic variations and inhabitant demands.??/p>

Scope of work

The site of the four-lane project highway comprises the section of NH-235 (New NH-334) commencing 8+800 km to 66+482 km and excluding 3.522 km of existing bypass of NH-24 (i.e., the Meerut- Bulandshahr section), having a total length of 64.712 km, including 3.522 km of the existing Hapur Bypass of NH-24 in Uttar Pradesh. The total design length of the project road is about 61.19 km. This section traverses through three districts of Uttar Pradesh: Meerut, Hapur and Bulandshahr.

As Srivastava shares, ??HAI had proposed to bypass nodal towns, i.e. Phaphunda Bypass (2.7 km), Kharkhauda Bypass (3.2 km), Hapur Bypass (11.2 km ??greenfield and 1.228 km ??improvement of existing Hapur Bypass on NH 24) and Gulaothi Bypass (7.6 km), and widen the two-lane existing alignment into four lanes with a paved shoulder and divided median on the basis of a detailed project (feasibility) report carried out in the year 2010.??/p>

The alignment traverses along and across various canals, drains and railway crossings. In order to cater to these structures, nine minor bridges, one major bridge, and one RoB has been provided. Additionally, a six-lane carriageway underpass (three vehicular underpass (VUP), five pedestrian underpass (PUP)) has also been provided to accommodate major crossroads without conflict.

Resource planning and execution

FEPL, the concessionaire, had to design the project considering the above project particulars as per codal provisions of IRC: SP: 84 – 2014 and determine the requisite resources, i.e. manpower, material and machinery, to complete the project within the stipulated timeframe. The contractor had identified its need and planned its resources to execute the work within a 910 day timeline. Srivastava shares the key resource deployment in the form of material, manpower and machinery, as tabulated here:

Execution challenges

  • Various challenges were involved in the execution of this project.

  • Various hindrances in the form of factories, boundary wall, trees, houses, and shops.

  • Delay in handing over encumbrance-free ROW to the concessionaire.

  • Non-disbursement of compensation or dispute by landowners regarding compensation awarder.

  • Hindrances owing to irrigation structures and DFCC.

  • Construction ban imposed by the Supreme Court and National Green Tribunal.

  • Delay in finalisation of ??hange of scope??by the authority .

  • Delay in approval for tree felling by the Forest Department.

  • Lockdown due to outbreak of COVID-19.

??hese issues had resulted in project delays,??says Srivastava. ??he project timeline was stretched for 553 days in addition to 910 days. However, FEPL, with its prudent approach and accelerated efforts, reduced the time span to 295 days from the additional 553 days required for the project and achieved a provisional completion certificate on August 14, 2020.??/p>

Challnges during the Coronavirus outbreak

In March 2020, when the Government imposed the nationwide lockdown to curb the spread of the pandemic, the project was about to achieve the provisional certificate scheduled on April 25, 2020. Owing to the lockdown, the project lost movement, motivation and resources for executing project facility work (finishing work) and balance major work.

The concessionaire, upholding the professional ethics and values of its promoter APCO Infratech, retained manpower at its respective accommodation facilities and provided the best services to help them during a hard time. ??owever, a manpower exodus begun upon the start of special trains and buses to their respective home places,??says Srivastava. ??he government eased lockdown restriction for the infrastructure sector on April 20, 2020, but the district administration had not allowed commencement of work till May 4, 2020.??Workers were then facilitated with all type of Covid-19 precautions.

Safety first!

To avoid fatalities or accidents at work, FEPL ensured that the labour or manpower wore high-visibility clothing, which included a vest, hardhats, safety glasses, face shields, earplugs, fall arrest systems, safety-toed shoes, respirators and all types of PPE. The procedure was well-established??ome call it an internal traffic control plan??o separate workers from the path of vehicles and equipment.

Socioeconomic benefit

The Minister of Road Transport and Highways has cited that this project will shorten travel time from Meerut to Bulandshahr to one hour from the two hours earlier. Also, the highway will serve as a direct access route to Garh-Mukteshwar, where the state government is planning to develop a waterway and promote tourism. It will also serve as an access route to the upcoming Ganga Expressway in Meerut and Bulandshahr.

Achievement

The entire project has a rigid pavement and is among the few projects in Uttar Pradesh to have the entire length paved with pavement quality concrete. What?? more, the toll plaza has been established within 180 m RoW comprising a 14-lane road; it is one of the most advanced and equipped toll plazas.

– SHRIYAL SETHUMADHAVAN

PROJECT DETAILS

Cost: Rs 11.30 billion including COS granted for additions of elevated structures for safety of road users and access to villagers or farmers

Month of completion: August 14, 2020, (PCOD) and November 12, 2020 (COD)

Total length: 61.19 km

Developer: Freedom Point Expressways

Contractor: APCO Infratech

Consultant: SAI Consulting Engineering (SYSTRA)

Steel: SAIL, REAL Ishpath, JSPL

Other technology or material used: Fly ash or silica as cement

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Concrete

Sambhv Steel Tubes is Now Certified as a Great Place to Work

This certification, valid from January 2025 to January 2026.

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Sambhv Steel Tubes Limited, one of the key manufacturers of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India in terms of the installed capacity as of March 31, 2024 (Source: CRISIL Report) is pleased to announce that it has been officially certified as a “Great Place to Work® for 2025. 
This certification, valid from January 2025 to January 2026, is a testament to the company’s commitment to fostering a workplace environment built on trust, collaboration, innovation, and employee well-being. Sambhv Steel Tubes also invites talented professionals who share its values of trust, collaboration, and innovation to join its team and be part of its growth journey. The Great Place to Work® certification is a recognized benchmark for workplace excellence. It is awarded based on employee feedback and an evaluation of workplace practices. Achieving this certification underscores Sambhv Steel Tubes’ dedication to nurturing a culture where Sambhv Steel strives to ensure that employees feel valued, supported, and empowered to grow both personally and professionally 
The DRHP is available on the website of the Company at www.sambhv.com, SEBI at www.sebi.gov.in, websites of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com and the website of the book running lead managers, i.e. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited at www.nuvama.com and www.motilaloswalgroup.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled “Risk Factors” of the RHP, when filed. Potential investors should not rely on the DRHP for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. 
Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States. CRISIL Market Intelligence & Analytics (CRISIL MI&A), a division of CRISIL Limited, provides independent research, consulting, risk solutions, and data & analytics to its clients. CRISIL MI&A operates independently of CRISIL’s other divisions and subsidiaries, including, CRISIL Ratings Limited.
Image Source: Sambhv Steel Tubes

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Cement Industry Key to Growth, Jobs, and Nation Building in Budget

Budget presents opportunities for cement sector in growth, jobs, and infra.

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The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26 presented by the Honourable Finance Minister Nirmala Sitharaman. CMA Member Companies have been at the forefront of nation building by significantly contributing to infrastructure development, employment generation, and economic growth. CMA believes that the Budget presents a commendable vision for India’s development through strategic investments in people, economy, and innovation.
Commenting on the Budget, Neeraj Akhoury, President, Cement Manufacturers’ Association (CMA) and Managing Director, Shree Cement Limited, stated, “CMA hails the Union Budget, announced under the leadership of Prime Minister Narendra Modi for its comprehensive focus on holistic and inclusive development. The Budget reinforces a transformative journey towards building a resilient economy for advancing India’s development goals. The various initiatives announced by the Government balance people’s aspirations with the future requirements for the Country’s economic growth. The focus on increased investments on infrastructure across States amplifies opportunities and avenues for the growth of the Cement sector. We appreciate the sustained core focus on infrastructure and reiterate our commitment to being partners in Nation’s progress.<p></p>
<p>The increased spending on large scale housing and infrastructure projects will drive demand for construction materials allowing capacity expansion and promotion of innovation in sustainable practices. We are certain that despite challenges these measures will support the Cement Industry in achieving a consistent CAGR growth rate of more than 6 per cent of installed cement capacity in the present financial year. Policy reforms in Budget 2025-26 signal a reaffirmation of the Government’s intent to augment socio economic growth across core sectors.”
The Cement Industry plays a vital role in creating direct and indirect employment across various sectors, including manufacturing, logistics, and construction, thereby supporting millions of livelihoods. Additionally, the industry remains a key contributor to the Government exchequer through taxes, duties, and levies, strengthening the country’s fiscal framework.
Parth Jindal, Vice President, Cement Manufacturers’ Association (CMA) and Managing Director, JSW Cement Limited, said, “The Budget presented by Finance Minister Smt. Nirmala Sitharaman is a forward-looking roadmap that will play a pivotal role in shaping the future of India’s cement industry, in line with the country’s vision for a Viksit Bharat by 2047. It prioritizes growth in key sectors such as infrastructure, manufacturing, and technology. The increased investment in technology will accelerate advancements in green cement solutions, driving both sustainability and innovation within the industry. Notable allocations, including Rs 200 billion to foster innovation and Rs 1.5 billion in 50-year interest-free loans to states for capital expenditure on infrastructure development, are expected to significantly bolster growth in the core sectors, including cement sector.
He further added, “The Budget’s focus on a three-year pipeline of projects under the public-private partnership (PPP) model will incentivize private sector investment and catalyse a transformation in the infrastructure landscape. Additionally, the establishment of five National Centers of Excellence for skill development, as part of the ‘Make for India, Make for the World’ initiative, will ensure that India’s emerging workforce is well-equipped to meet the demands of a rapidly growing economy.”
In light of the recent Budget announcements, which prioritise infrastructure expansion and affordable housing, the Cement Industry is poised to leverage these opportunities by ensuring steady and sustained supplies of Cement to meet the Nation’s growing domestic market and infrastructure demand coupled with sustainable and innovative technologies. With a strong commitment to sustainability and efficiency, the Cement Industry will continue to drive India’s progress and economic resilience.

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GMDC Inks Long-Term Limestone Supply Deal With JK Cement

The agreement has been signed for supply of 250 million tonne.

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State-owned GMDC said it has entered into a long-term pact with JK Cement Ltd for the supply of limestone from its upcoming mine in Gujarat. 
The agreement has been signed for supply of 250 million tonnes of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch district in Gujarat. 
This agreement will help JK Cement Ltd in setting up an integrated mega-capacity cement plant, fostering industrial growth in the region.Kutch’s coastal proximity, improved access to domestic and international markets, and cost-efficient logistics position it as an ideal hub for cement production. 
The state-owned company has five operational lignite mines in Kutch, South Gujarat, and Bhavnagar region.          

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