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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

Cement Prices To Hold Steady Amid Monsoon Slump

Centrum report says demand weakness will limit hikes

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Centrum, a financial services firm, has reported that cement prices are likely to remain largely unchanged in July as weak demand during the monsoon season constrains pricing power. The report noted that construction activity remained subdued in the first quarter of fiscal year 2027 owing to labour shortages and slower execution of government projects. While June showed some volume recovery driven by delayed monsoons and quarter end sales, dealers are cautious about sustaining any price increases.

The analysis suggested that seasonal slowdown related to monsoon will prolong demand and pricing challenges through the second quarter. Dealers saw most recent attempts at price hikes as protective measures rather than genuine shifts in market fundamentals. They signalled that pockets of demand in select regions could prompt isolated adjustments but that broad based increases were unlikely while construction activity remained weak. Market participants therefore expected a cautious stance on pricing.

The report highlighted that despite intermittent recovery in shipments during June, the underlying demand trajectory remained muted as monsoon hampered site level activity and logistics. Commercial builders and retail dealers both reported constrained order books and slower payment cycles, which in turn reduced room for margin expansion among manufacturers. Analysts noted that unless government project execution accelerates markedly, demand improvement would be gradual. Price setters were thus likely to focus on protecting market shares rather than pursuing aggressive increases.

Market watchers said the near term outlook would be shaped by monsoon progress and fiscal spending patterns, with any acceleration in public works offering the most tangible support. Traders expected that regional variations would persist and that trade flows between surplus and deficit centres would determine local price movements. The report concluded that stakeholders should prepare for a period of subdued pricing until demand signals strengthen.

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Concrete

Cement Prices Set To Stay Under Pressure In July

Monsoon and weak demand keep prices under strain

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A report by Centrum said cement prices are expected to remain largely flat in July as the monsoon and weak demand weigh on the sector. The report said demand during the first quarter of FY27 remained range-bound and below expectations, with dealers across markets pointing to subdued construction activity, labour shortages, elections, heatwaves and slower execution of government projects as key reasons. It noted that some recovery was witnessed in June due to delayed onset of the monsoon and quarter-end volume push.\n\nDealers across most markets do not expect any meaningful price increases in July, the report said, adding that attempts to raise prices in some markets are aimed at defending existing levels rather than achieving significant gains. The sharp correction following the rollback of April hikes has largely played out across most regions, limiting scope for further immediate increases. Seasonal slowdown in construction activity during the monsoon is expected to continue affecting demand and pricing in the coming months.\n\nCentrum indicated that pricing pressure is likely to persist through the second quarter of FY27 as monsoon-related softness continues. Dealers remain cautious about sustainability of any price rise attempts and do not rule out further weakness during the peak monsoon period. The combination of subdued demand and seasonal factors is likely to constrain the industry’s ability to raise prices in the near term. While June saw some improvement in volumes because of delayed rains and quarter-end sales efforts, the broader demand environment remains challenging.\n\nCement companies are therefore expected to focus on maintaining current price levels rather than pursuing aggressive increases as the sector navigates weak demand and seasonal headwinds. The report suggested that unless demand conditions improve significantly, limited scope will exist for meaningful price recovery. Market participants remain watchful for any shifts in execution of infrastructure projects or construction activity that could alter the outlook.

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Concrete

TARIL Secures Ultra Mega Transformer Order From PGCIL

Order for manufacturing transformers to be delivered in 30 months

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Transformers and Rectifiers (India) Limited has received Notifications of Awards from Power Grid Corporation of India Limited (PGCIL) for multiple contracts to manufacture transformers and undertake associated works. The company submitted the disclosure to BSE and the National Stock Exchange under Regulation 30 of the SEBI Listing Regulations. The submission cited security code 532928 and trading symbol TARIL, and the filings cite the award reference and confirm execution in accordance with the terms and conditions stipulated in the notifications.

The contracts are described as an Ultra Mega Order under the company classification, indicating a value at or above Rs 10 billion (bn) on conversion. The filing identifies the contracts as domestic orders and specifies a scheduled delivery period of 30 months. The scope covers manufacturing of transformers of various ratings together with all associated work. The order size places it in the highest project classification defined in the company’s disclosure.

The disclosure states that the promoter group and group companies have no interest in the awarding entity and that the contracts do not constitute related party transactions. The company noted that the awards will be executed in the normal course of business and not fall within related party transactions. The document reiterates that the company is committed to delivering high quality products and services and has established itself as a leading manufacturer of transformers in the country over time.

Chief Financial Officer Mehul Shah authorised the filing and requested the exchanges to take the information on record, with the company providing the requisite filing reference in its submission. The company indicated that the orders will be executed as per the notifications of awards and the applicable regulatory framework. The original filing is available on the stock exchange portal at the provided link.

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