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The Raintree Park township - Andhra Pradesh - phase 1
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Amritsar: ULTra Fairwood, an engineering company in India, announced this week that it reached an agreement with the Punjab government to build a personal rapid transit system in Amritsar, an Indian city of 1.5 million about 40 miles from the Pakistani metropolis of Lahore. The system would be based on the pod-car technology of ULTra Global PRT, which recently completed a proof-of-concept at Heathrow Airport in London.
Fraser Brown, managing director of ULTra Global PRT, said in a telephone interview that the system would consist of 200 automated electric pods, roughly 10 times the number operating at Heathrow, and would shuttle an average of 100,000 passengers per day over 3.3 kilometers, or roughly two miles, of track. Among the route's seven station stops would be the city's principal bus station, the railroad terminal and the Golden Temple, a major Sikh shrine.
Mr. Brown would not disclose the price of a fare, saying only that passengers would pay a comparable price to that of other modes of public transportation.
Construction on the system would begin in 2012, Mr. Brown said, with an eye toward starting service in late 2014. Aside from the larger scope and complexity of the system, the difference in climate between London and Amritsar would require alterations to the pod cars and their dedicated guideways.
"We are looking at the pods operating in temperatures of 50 Celsius [122 Fahrenheit] and in monsoon rain conditions," said Mr. Brown. "This has required design changes to the track to cope with water runoff and a revamp in the pod air-conditioning system." The car will also be redesigned to carry six passengers, rather than four with luggage, as it is configured at Heathrow.
He said that any changes to accommodate local conditions would not impact the fundamentals of the system.
"Besides the Heathrow proof-of-concept, we have done a lot of behind-the-scenes simulation and testing in this area," Mr. Brown said. "We are absolutely confident the control and safety systems are scalable and robust." He also reiterated that the safety system had received regulatory signoff in Britain.
Amritsar is the host of as many as 500,000 Sikh pilgrims on major holidays who visit the Golden Temple. Prompted by concerns about exhaust fumes damaging the building's facade, which was built in the early 17th century, the government has banned nonessential motor vehicle traffic within a one- to two-kilometer radius of the shrine. Pilgrims consequently must walk or hire pedal-powered rickshaws to reach the temple. Mr. Brown expects the electric-power pod-car system to accommodate up to 35 percent of these visitors.
With private investment, ULTra Fairwood will design and build the system for the Punjab government and operate it as a concession under a 30-year agreement. Fairwood would license the pod-car technology from ULTra Global PRT in a franchise-style agreement, according to Mr. Brown. His company, which is based in Britain, would receive payment for consulting services, which he estimated at 2 million pounds, or roughly $3.1 million, over the next two years. ULTra Global would also receive an estimated 5.4 million pounds over the 30-year concession agreement, representing a share of the fares collected. He declined to disclose the projected costs to build and operate the system, but he estimated that the system would recoup its costs to investors after five years of operation.
Mumbai: The National Highways Authority of India (NHAI) said it will achieve its target of building 20km of national highways a day in the next three years, as contracts being awarded this fiscal year will translate into that daily distance.
All these roads will be built as public-private partnerships, J.N. Singh, member (finance) of NHAI, told reporters in Mumbai on Monday.
Out of a total 33 projects awarded, 20 fetched a premium or higher than the estimated cost, Singh said. Such contract winners havent faced any hurdles in tying up funds, he said.
Set up in 1995, NHAI is an autonomous Union government agency responsible for the development, maintenance and management of national highways. NHAI awarded 3,360km of roads in 2009-10, 5,058km in 2010-11 and has more than 7,300km planned for this fiscal year.
NHAI is in the process of raising as much as Rs 10,000 crore by selling tax-free bonds starting 28 December to meet some of its funding requirements. SBI Capital Markets Ltd and AK Capital Services Ltd are managing the issue along with ICICI Securities Ltd and Kotak Mahindra Capital Co. Ltd.
J.N. Singh of NHAI talks about his organisations plans for the coming years and why theyll soon be able to build 20 kilometres of roads everyday.
Last fiscal, we awarded 5,000km of roads and this year 7,300-7,500km. We will be awarding at least 7,000km year-on-year starting from next fiscal. Though we are seeing some delays due to land acquisition and a shortage of civil engineers, there are no major concerns in executing national highway projects, Singh said.
Singh said the award of roads has registered a growth of 42% in the current fiscal from a year earlier and NHAI plans to complete at least 2,400km of roads this year.
He said states including Maharashtra, West Bengal and Kerala have seen some delays in land acquisition, adding that these were one-of-a-kind instances. IRB Infrastructure Developers Ltd announced last week that NHAI had cancelled the companys Goa-Karnataka road project on account of the government agencys inability to provide land for implementation of the project.
An investment banker, requesting anonymity, said NHAI will be on track to achieve the target of 20km a day as the government is supporting it in raising funds and land acquisition, and private companies are quoting a premium for securing the mandate to build roads.
Despite the economy slowing, NHAI has received record premiums for projects in the current year. The project to widen the 560km Kishangarh-Udaipur-Ahmedabad stretch to six lanes fetched a premium of Rs 636 crore, subject to a 5% annual increase.
NHAI can achieve its 20km a day target over the next three years, Elara Securities (India) Pvt. Ltd had said in a June report. This depends, however, on the uninterrupted award of projects and ensuring that projects are brought fully on stream with a maximum lag of a years time, it said.
Singh of NHAI said that on an average, 20-30% of the land is yet to be acquired for building roads. In the current financial year, 7,800 hectares (ha) of land was acquired until November, compared with a total acquisition of 8,533ha in 2010-11 and 6,244ha in 2009-10.