Loan

Loan  21st century consumers in India have seen Banks and Non-Banking Finance Companies (NBFCs) in India offer a wide range of loans. Never before has access to loans been as easy. Several recent developments in banking infrastructure (coming of age of the credit bureaus and increasing ease of cheque settlements across locations) are aiding the ease of availability of loans. If we classify loans based on the purpose for which money is being raised, there are at least the following: · Housing Loans (also known as Home Loans) to fund the purchase and/or construction and/or repairs and renovation of a house along with the land surrounding it or even the purchase of a flat in a residential apartment. · Commercial Property Loans to fund the purchase of immovable property for commercial purposes. · Car Loans (also known as Auto Loans) to fund…
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IVRCL Infra bullish on BOT road projects

IVRCL Infrastructure and Projects Ltd They said it has received a Rs 1,550 crore BOT (Built Operate Transfer) road project in Madhya Pradesh from the National Highways Authority of India (NHAI). The concession will be for 25 years and the project will be completed in 30 months. “The 155-km long road project will be executed by a special purpose vehicle owned by IVR Prime. The road construction will be taken up by IVRCL Infra,” said Mr E. Sudhir Reddy, the chairman of IVRCL Group. “With this, IVR Prime has BOT projects — confirmed and lowest bidder — worth Rs 10,000 crore,” he said adding that the company expects to win six BOT projects by this year end. The project, which is a part of National Highway 59, involves design, engineering, construction, development, finance, operation and maintenance…
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ISO specification for ETC systems

A newly published ISO Technical Specification harmonises the requirements for electronic fee collection (EFC) systems on roads subject to toll charges. It will facilitate mobility between different road networks and help to ensure reliable data collection and correct charging. ISO/TS 12813:2009, “Electronic fee collection – Compliance check communication for autonomous systems”, will help to ensure the optimal use of on-board equipment (OBE) interfacing with satellite positioning to collect the data required for charging for the use of roads in an autonomous mode, without relying on dedicated road-side infrastructure. The standard defines the requirements for using dedicated short range communication (DSRC) between on-board equipment and an interrogator for the purpose of checking compliance of road use with a local toll regime. This will enable checking of non-national vehicles and thus enable cross border enforcement of non-compliant vehicles.…
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Toll Industry has had a few years of maturity. What is the summary of exceptions from Toll Collection System from a concessionaire’s point of view.

This needs an in-depth analysis on broad parameters. However I have tried to analyze few problems associated with toll roads. Introduction: with a need a build good infrastructure and lack funds available to finance these Highway project government has undertaken to built highway on Public Private Partnership either toll based or annuity based. The private developers who bids and undertake constructions of Highway on toll basis needs to implement a through pertinent “risk” management system with the help of the government to mitigate all the risks that come with development. To understand the various consequence of “tolled” roads there needs to through study to undertaken which is not my purview at the moment. Hence I dwell over some of these consequences based my exposer these projects. Toll based Highways: The idea of “Toll based” highways was imported…
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