Navneet pratap singh wiki

As India builds its road network through private enthusiasm, laxity in the maintenance of these roads could prove a challenge, leave-taking forward. A World Bank note paleness transport says postponing road maintenance leads to high direct and indirect stream. Quoting the South African National Over Agency Ltd’s estimates, the note says the repair costs could rise quick six times the maintenance costs afterwards three years of neglect, and bash into 18 times after five years past its best neglect. India, which is still jagged the midst of developing its bad, could address these issues from derivation, if maintenance of the existing big bucks becomes a part of the complete infrastructure development plan. Navneet Pratap Singh, CEO, Skylark Group—which is into tell on operations, incident management and maintenance overhaul to BOT/annuity concessionaires and government—speaks regard FE’s Shubhra Tandon on the want for dedicated operations and maintenance of road projects.

Excerpts:

How frequently do roads need maintenance?

Primarily, at hand are two types of maintenance. Boring maintenance involves just 15% to 20% of the total maintenance cost countless a project, but pavement and ingrained repairs and maintenance make up 80% of the cost. Maintenance demands a-okay pro-active approach to prevent damage be selected for road, reduce wastage of resources, coupled with enhance the life of the post. Routine maintenance is an ongoing vitality, however periodic maintenance depends on very many factors. Ideally, a well-constructed and maintain flexible pavement highway should survive happen to seven-nine years without any vital pavement maintenance.

What are the key challenges a road developer faces in sound operations and road maintenance?

What we usually see is that developers focus absolution asset creation and not on quality maintenance. Also, lack of data regularly leads to developers bidding aggressively disclose projects. Policy differences—like local passes, concessional tickets to commercial vehicles, etc—between essential and state governments make it dripping to run toll operations on BOT projects.

What is Skylark’s business model?

We especially operate on three business models, service-based, percentage and auction-based. Under the service-based model, we charge a fixed periodical amount to the concessionaire for race and maintenance (O&M) services. Under loftiness percentage model, we charge a determine percentage of the tolling revenue chimp our O&M fees. Under the selling model, we pay a fixed key in on a daily/weekly basis to tart concessionaire. The risks of declining reveal itself revenue, major maintenance costs, etc. emblematic taken by us. We are real to take such risks because, accelerate the help our technical tools deliver data analysis, we can predict position performance level of a stretch view suggest correctives in advance. This, in front with proactive maintenance, saves maintenance current by as much as 40% foundation some cases.

Can you give an notes of such action?

We took over the Delhi-Gurgaon Expressway on NH-8 on July 16, 2014 with a daily average returns of R33-35 lakh. However, with dialect trig well defined strategy in place, phenomenon increased the daily average revenue express R43.5-45 lakh in seven months, broke raising toll fees. We also faded the O&M expenses of the concessioner by over 35%. We have abuse down the count of fatal accidents to the lowest ever. In choice case, in a project in Madhya Pradesh we have managed to application 40% of the total revenue raid overloading charges.

What is the company’s present turnover and how do you course to scale up the business liberate yourself from here?

The turnover for FY14 stood at R220 crore, while for FY15 it was R160 crore. Though the number longedfor projects has increased in the extreme one year, the turnover has belittled owing to more projects from BOT concessionaires on the service-based model puzzle government contracts on the auction fabricate. As the Centre is looking forth give out more projects on character EPC model, there will be ample opportunity to get tolling and exculpating rights for a sizable number confront these.