MSIDC Executes ₹37,000 Crore Road Programme
ROADS & HIGHWAYS

MSIDC Executes ₹37,000 Crore Road Programme

With Rs 37,000 crore worth of road projects under execution across Maharashtra, Maharashtra State Infrastructure Development Corporation (MSIDC) is driving one of the state’s largest infrastructure programmes. Dr Brijesh Dixit, Managing Director, discusses the institutional reforms, execution frameworks, financing strategies and technology adoption enabling timely, high-quality delivery, in conversation with PRATAP PADODE, Editor-in-Chief, CW.

With over Rs 37,000 crore worth of road projects underway across districts – many under tight timelines – what institutional and executional reforms has MSIDC put in place to ensure timely delivery without compromising quality?
On the institutional side, MSIDC created eight special purpose vehicles (SPVs) to execute the HAM projects aggregating Rs 37,000 crore. From an execution perspective, we have put robust digital platforms in place and are closely monitoring progress through drones, SCADA systems...

With Rs 37,000 crore worth of road projects under execution across Maharashtra, Maharashtra State Infrastructure Development Corporation (MSIDC) is driving one of the state’s largest infrastructure programmes. Dr Brijesh Dixit, Managing Director, discusses the institutional reforms, execution frameworks, financing strategies and technology adoption enabling timely, high-quality delivery, in conversation with PRATAP PADODE, Editor-in-Chief, CW.With over Rs 37,000 crore worth of road projects underway across districts – many under tight timelines – what institutional and executional reforms has MSIDC put in place to ensure timely delivery without compromising quality?On the institutional side, MSIDC created eight special purpose vehicles (SPVs) to execute the HAM projects aggregating Rs 37,000 crore. From an execution perspective, we have put robust digital platforms in place and are closely monitoring progress through drones, SCADA systems...To read the full Interview Click Here

Next Story
Infrastructure Urban

MIDC and Ramky Unit Sign Concession for Life Sciences Park

Maharashtra Industrial Development Corporation has signed a concession agreement with Maha Integrated Life Sciences City Limited (MILeS City), a wholly owned subsidiary of Ramky Infrastructure Limited (RIL), to develop a high-tech pharmaceutical park at Dighi Port Industrial Area in Raigad. The project will follow a public-private partnership under a DBFOT model and has an estimated cost of Rs 30 billion (Rs 30 bn). The concession will run for 95 years, including a five-year construction phase, with MILeS City responsible for development and management. The development will occupy approximatel..

Next Story
Real Estate

BuzzWorks Leases Hyderabad Office to MyComplianceOffice

Brigade Group’s managed workspace provider BuzzWorks has leased 550 seats at Mindspace Business Park in Hyderabad to Dublin based MyComplianceOffice, in what is the company’s largest office in India. With this signing, BuzzWorks' total leased office space in Hyderabad stands at zero point one one million (mn) square feet. The new premises will house core functions including product engineering, product management, customer success and global operations. Artificial intelligence enabled compliance technology initiatives will also be part of the local delivery model. BuzzWorks will provide wo..

Next Story
Infrastructure Transport

Jindal Stainless Flags Operational Strain From Middle East Crisis

Jindal Stainless warned that the Middle East war crisis has affected its operations because of dependence on industrial gases such as propane and LPG and on natural gas. The scrap-based production route used by the stainless steel maker does not generate blast furnace or coke oven gases internally, unlike the conventional steel industry. Several plant processes have been adversely impacted and production is being run at rationalised capacity. Disruptions in global shipping routes have resulted in vessel diversions, longer transit times and cargo delays, adding pressure to supply chains and to ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement