Cintra Plenary-JV

In order to enhance its presence in toll road and concession business in Australia and New Zealand, transport infrastructure developer, Cintra has formed a new joint venture (JV), named Netflow, with infrastructure operator, Plenary.

The JV is expected to benefit from Cintra’s construction experience and Plenary’s adaptation of active equity approach to infrastructure projects. It will also leverage the partners’ extensive international experience.

The National Highways Authority of India (NHAI) has awarded the engineering, procurement and construction contract for Tuliapur-Ausa road upgrade project in Maharashtra to Dilip Buildcon.

The contractual scope includes upgrade of Tulipur-Ausa road to a four-lane road, including Tuliapur bypass section of NH-361 from 0-55km, under NHDP Phase IV on Hybrid Annuity Mode in Maharashtra.

The project is estimated to cost Rs9.1bn ($136m), 40% of which will be contributed by the government, while the remaining will be raised by the contractor through debt and equity.

Intelligent transport systems developer, Clearview Intelligence, has been awarded with two contracts by Transport for London (TfL) to supply and maintain traffic control infrastructure across the latter’s road network.

As part of the contract, Clearview will supply and maintain automatic traffic and cycle counting equipment, maintain the existing equipment as well as supply new equipment, as and when required, across the 304 automatic counter sites (ATC) and the 170 automatic cycle counter (ACC) locations within the TfL road network.

The contracts initially have two years of base period and an option to extend up to a year.

"The councils have designed technology projects to ease traffic congestion, speed-up journeys and reduce impact on the environment."

In a move to improve road journey through digital innovation, the UK Government has awarded a £4m ($5.0lm) grant, to 19 councils across England.

The councils have designed technology projects to ease traffic congestion, speed-up journeys and reduce impact on the environment.

Each council will receive between £50,000 ($62,750) and £300,000 ($376,500) to develop new apps that would inform motorists about traffic jam, free parking spaces and availability of charging points for electric cars.

Image: Roads. Photo: courtesy of Plenary Group.