25/12/2025
MEINHARDT EPCM (India) Private Limited was proud to partner with the #๐๐๐ ๐๐ฎ๐ฟ๐ป๐ฎ๐๐ฎ๐ธ๐ฎ ๐๐ป๐ณ๐ฟ๐ฎ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ ๐๐ผ๐ป๐ฐ๐น๐ฎ๐๐ฒ ๐ฎ๐ฌ๐ฎ๐ฑ, themed ๐๐ถ๐ช๐ญ๐ฅ๐ช๐ฏ๐จ ๐ข ๐๐ถ๐ต๐ถ๐ณ๐ฆ-๐๐ฆ๐ข๐ฅ๐บ ๐๐ข๐ณ๐ฏ๐ข๐ต๐ข๐ฌ๐ข: ๐๐ถ๐ด๐ต๐ข๐ช๐ฏ๐ข๐ฃ๐ญ๐ฆ, ๐๐ฐ๐ฏ๐ฏ๐ฆ๐ค๐ต๐ฆ๐ฅ, ๐ข๐ฏ๐ฅ ๐๐ฆ๐ด๐ช๐ญ๐ช๐ฆ๐ฏ๐ต ๐๐ฏ๐ง๐ณ๐ข๐ด๐ต๐ณ๐ถ๐ค๐ต๐ถ๐ณ๐ฆ.
The conclave brought together policymakers and industry leaders to examine priorities shaping Karnatakaโs long-term growth, with focused discussions on highways and roadways, urban mobility, road safety, and transport connectivity.
Representing MEINHARDT ๐๐ฃ๐๐ ๐๐ป๐ฑ๐ถ๐ฎ, Urvi Bhatt, C Eng (I), MIE (I), AITP (I) - ๐๐๐๐ผ๐ฐ๐ถ๐ฎ๐๐ฒ ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐ผ๐ฟ & ๐๐ฒ๐ฎ๐ฑ ๐ผ๐ณ ๐๐ป๐ณ๐ฟ๐ฎ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ participated as an invited panellist in the session Focus on ๐๐ช๐จ๐ฉ๐ธ๐ข๐บ๐ด & ๐๐ฐ๐ข๐ฅ๐ธ๐ข๐บ๐ด: ๐๐ต๐ณ๐ฆ๐ฏ๐จ๐ต๐ฉ๐ฆ๐ฏ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐๐ณ๐ต๐ฆ๐ณ๐ช๐ฆ๐ด ๐ฐ๐ง ๐๐ฐ๐ฎ๐ฎ๐ฆ๐ณ๐ค๐ฆ. The discussion centred on two critical shifts needed in Indiaโs infrastructure ecosystem:
- Moving from lowest-cost procurement to best-value, performance-driven outcomes through stronger bidding norms, balanced risk allocation, and disciplined contract management
- Transitioning from silo-based planning to a regional approach that enables coordination, convergence, and faster delivery
๐๐ฟ๐ผ๐บ ๐๐๐ฎ๐ฟ๐ฑ๐ ๐ง๐ผ ๐ข๐๐๐ฐ๐ผ๐บ๐ฒ๐
The discussion underscored a shared view across policymakers and industry leaders, with ๐จ๐ฟ๐๐ถ ๐๐ต๐ฎ๐๐ highlighting the practical implications of procurement and delivery models drawn from project and policy experience.
Indiaโs highway challenge today is not the speed of awards, but the certainty of delivery and long-term performance. The shift required is clear: from lowest-cost procurement to best-value outcomes, where outcomes, not inputs, drive bid selection. Equally critical is rational risk allocation, with risks assigned to the parties best equipped to manage them, supported by transparent pricing and strong contract governance.
Drawing on experience across nearly ๐ญ,๐ฑ๐ฌ,๐ฌ๐ฌ๐ฌ ๐ธ๐บ ๐ผ๐ณ ๐ก๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ถ๐ด๐ต๐๐ฎ๐๐, the discussion examined how different models perform in practice. EPC delivers speed but carries lifecycle performance risk. BOT and DBFOT concentrate risk and limit bidder appetite. HAM improves risk balance but under-rewards O&M excellence. TOT enables monetisation but weakly incentivises upgrades. OMT comes closest to performance-based delivery, though current KPIs remain basic.
๐ง๐ต๐ฒ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐: a procurement reset anchored in performance-based infrastructure delivery, not merely asset creation.
At Meinhardt EPCM, our role extends beyond engineering delivery. We contribute to shaping frameworks, policies, and delivery models that enable resilient, integrated, and future-ready infrastructure.
We thank for curating a platform that encourages meaningful dialogue and industry-led solutions for the stateโs infrastructure journey.
