 "In the last two years, the Centre has managed to build around 5,000 km of roads through green technology")
Road infrastructure companies are headed for a brighter future, given the surge in order inflow. IRB Infrastructure bagged two Hybrid Annuity Model (HAM) projects in Tamil Nadu worth Rs 34.9 billion on Wednesday. Dilip Buildcon, Sadbhav Infrastructure Projects, KNR Constructions and Ashoka Buildcon have also seen good order inflow.
Though the first nine months (April-November) of 2017-18 saw muted order book growth, there has since been a spurt in theses from National Highways Authority of India (NHAI) and other government projects. Most big construction entities surpassed their FY17 orders in the first 11 months of FY18, say analysts at Kotak Institutional
