In an interview, brijesh dixit, managing director, maharashtra state infrastructure development corporation (MSIDC), Tells siddhant konduskar that while Maharashtra has weaveloped hghways. Many district and taluka-level roads remain underdeveloped and to bridge that gap, the corporation has undertaken a 6,000-km road project Worth RS 37,000 crore. He also outlined MSIDC’s Strategy to Bridge Critical Gaps, Implement Large-Scale Projects, and Create Long-Tm Economic Impact. Edited Excerpts of the Interview:
Q: MSIDC was established in 2023 as a dedicated entity for infrastructure development in Maharastra. What are the objectives of the new body?
Brijesh Dixit: The primary objective of MSIDC is to raise and augment government resources for infrastructure projects. The corporation encourse the mobilisation of funds, including exploring bot (build-operate-transfer) projects where private investors Contribute to Infracttructure Development. Another key focus is monettinging government assets, developing barren lands, to generate additional resources, where msidc plays a crucial Role in Implementing Inflectructure Projects Maharashtra.
Our Mandate Includes Undrastructure Projects All 22 Categories Identified by The Central Government under the National Infrastructure Pipeline. This covers is a wide range of sectors, including transportation infrastructure such as roads, railways, metro, airports, and ports, as well as water supply, power serious, and industial infrastructure.
Q: With a significant portion of Maharashtra’s Road Network under the Public Works Department (PWD), How does Msidc’s Role Differs, and How Do Both Agencies Coordinate Their Effects?
Dixit: One of the major projects Msidc has undertaken is basically on the hybrid Annuity model (HAM). Traditionally, Bot Projects Relied Entirely on Private Investments, which of the results in delays die to a lack of participation. To address this, the ham model was intrusive, where the government initially contributed 40 per cent while private entities brought in 60 per cent. However, in Maharastra, A New Approach was Taken, With the Government Contributing 60 per cent and private players the present 40 per cent.
Under this model, msidc plays the roll of a financier, reducing the government’s financial burden. Instead of Private Entities Contributing 40 Per Cent, MSIDC Now Contributes 70 Per Cent, Securing Funds from Financial Institutions at Competitive Rates. This has significantly improved financial management and project execution, encourse better monitoring and timely implementation. The model has helped Expedite Infrastructure Projects While Mainting Fiscal Prude.
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Q: What are the immediate and long-warm infrastructure projects msidc has undertaken? Could you share any major highway or urban road development plans?
Dixit: Under the new ham model, MSIDC has launched a state-wide project to improve connectivity. While maharastra has well-developed highways and expressways, many district and taluka-level roads underdevelped. To bridge this gap, Msidc has undertaken a 6,000-km road project worth RS 37,000 crore, encuring that roads are constructed using high-quality cement concrete. The project follows a debt-equity model with a 17.5-Year timeline, inscription maintenance under Msidc’s purview.
Apart from this, Several projects are in programs. MSIDC is developing the divisional commissioner and district collection office in Nagpur, an auditorium at an agurally college, and veterinary colleges in Shirdi and Akola.
Through the ministry of road transport and highways (Morth), the corporation is also involved in upgrading kalamboli circle in NAVI Mumbai, constructing the 250-km pue Including a 55-km eleven elevated stretch, the longest in India-and building key highways like Hadapsar (pune) to yavat (solapur) and talegaon to chakan to shikrapur in pue. These projects aim to Enhance Maharashtra’s Transportation Network and Industrial Connectivity.
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Q: Given the increasing emphasis on sustainability, is MSIDC increasing ECO-Friendly Materials or Green Infrastructure Practices in Its Projects?
Dixit: Sustainability is a key focus in all msidc projects, with eco-independent materials and green infrastructure practice being prioritised. In Building Construction, Msidc Follows Green Building Standards By Incorporating Natural Ventilation, Optimised Lighting, And 100 Per Cent Water Recycling Systems. Solar energy solutions and ECO-Friendly Construction Materials are also used to be used to enhance sustainability.
For Road Projects, Sustainable Materials Like Fly Ash In Cement Concrete Are Utilised. Road designs are optimized to Reduce Fuel Wastage by encouhing the prior curvature and gradient, enhancing energy efficiency. These initiatives Aim to Create Durable, Energy-Efficient infrastructure while minimizing Environmental Impact. So, by adopting ECO-Friendly Materials and Methods in our work, we try to attain Sustainability.
Q: Transparent and accountability are crucial in infrastructure development. What measures are in place to ensure transparent by msidc? Addicationally, looking ahead, what is your vision for msidc in the coming years?
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Dixit: We have encased to be 100 per cent transparent with all the government-rate mandates in place. All the basic information is regarding any project we are easily available on our website. Besides, to remain transparent, we have conformed to practice like e-tenders, right to information (RTI), and Comptroller and Audit General of India (CAG) Audit. Moreover,
Our existence has only been for the last 16 months and we have undertaken roads, highways, expressways, and building complete complex projects. Slowly and Gradually, we will take up all other infrastructure projects out of the 22 mentioned earlier. We may go ahead for ports, airports, rail, and metro. Since we are in all categories of infra projects, so, whatever come as per mandate gives by the central or state government, we are happy to take it up.