Page 8 - Road Construction

Changes in BOT road contracts may not jumpstart private investment

Changed bidding and contractual guidelines for build-operate-transfer (BOT) road contracts are being finalised but big construction companies might, it is believed by observers, not be in a hurry to return to this segment.As for smaller players, they are occupied with hybrid annuity projects. The decisive factors in attracting private investment will be the stretches offered for bidding and projected traffic density.The new draft norms have been brought in to encourage private participation in BOT. Large highway developers (L&T, Hindustan Construction) had started avoiding these contracts, over delayed return on investment, rigid concessionaire agreements and legal disputes with governments.According to the draft Model Concessionaire Agreement, the National Highways Authority of India (NHAI) and the concessionaire would agree that in a financial default, the lender or banks can invite, negotiate and procure offers, either by private negotiations or public auction or tenders, for ..

Green shoots in infra: Road builders' credit demand switches to fast lane

The first of a three-part series on credit pick-up looks at the road construction sector, which seems to be recovering

NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

How Purvideen Khera got its road

Who'd have imagined that a bunch of poor, illiterate women in a slum would be able to achieve this?

Jammu and Kashmir completes 11,400 km road length under PMGSY in 2019

This includes 1,161 km for the current financial year against the total sanctioned road length of 19,700 km

Nitin Gadkari's scores in highways test but road safety is still an issue

Compared to the tenure of three road ministers in the second term of UPA government- Oscar Fernandes, CP Joshi and Kamal Nath - Gadkari's report card reads a shade better

Govt's new rules may bar non-performers from bidding for new road projects

The new EPC document in the works could ensure that the companies that have missed deadlines for their previous projects will not be able to take part in the bidding process for the new ones

India, ADB sign $110 mn loan agreement to upgrade rural roads in MP

The $110 million is the second tranche of the $500 million Second Rural Connectivity Investment Programme for India

How a debt pothole has hit India's drive to improve road infrastructure

Having started with acceleration, India's road-building program increasingly looks like it's going the way of previous infrastructure initiatives

Pace of construction not proportionate with award of road contracts: Report

The length of highway contracts awarded by NHAI was 1,726 km in 2013-14 but the highway construction record after three years was much better at 2,628 km at the end of 2016-17

Road projects see limited gains as most arbitration get challenged

According to official data till January 31, 2018, 66 cases are in arbitration and Rs 14.82 billion has been sanctioned under the process

Govt finds road construction easier for new expressways

Experts believe the turnaround time for a new expressway is lesser than that of expansion of the existing highway

Adityanath govt targets constructing 25 km road a day

To be ramped up to 35 km a day by next year

The global road-building explosion is shattering nature

More than 53,000km of "development corridors" being planned in Africa to access minerals will have enormous environmental costs

13 investors in race for 75 road operation contracts

The government collects Rs 3,000 crore toll from these 75 highway projects

Govt to accelerate rural road building pace to 133 km/day

Centre has launched an app, 'Meri Sadak' in which a person can lodge a complain for roads being developed under the PMGSY

Mission 2017: UP road infra sector in overdrive

60 district headquarters to be linked with 4-lane roads this fiscal

Watch out for road infra companies' order flows

Mixed trend in earlier quarter but Street optimistic on scrips due to expectation on new contracts and sector's long-term prospects