The company will launch a project in Thane with an estimated revenue potential of Rs 2,000 crore in FY2026
Revenue growth also pegged to be high on strong awarding, says study
Concretization of ground obstructs groundwater recharge, causes urban heat islands, loss of biodiversity, waterlogging, loss of carbon sequestration
This is the largest fundraise by a road developer
Wants transport ministry to extend financial closure timeline
Construction segment too may pick up in second half, but high debt still a concern
Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation
The slowdown, however, is unlikely to impact the credit profiles of the EPC players primarily because of three reasons
The country's infrastructure sector is a significant contributor to the gross non-performing assets in the banking system