Page 3 - Road Infrastructure

Union Budget 2022: Roads get lion's share of allocation in FY23

Investments in NHAI were more than doubled to Rs 1.34 trillion, against Rs 65,060 crore in the revised estimate for FY22

Economic Survey: Road network increased substantially in current FY

The road network in the country has increased substantially in the current fiscal compared to previous years, the Economic Survey 2021-22 said.

No doubt about economic viability of road projects: Nitin Gadkari

Union Minister Nitin Gadkari on Friday called upon investors to take up road projects as they offer "very high" internal rate of return, ensuring their economic viability. Assuring investors that their investments are safe, the road transport and highways minister said the possibility of any project getting stalled is nil now. "The internal rate of return in the road sector is very high and so there is no need to worry about their economic viability," Gadkari said while addressing a national conference on investment opportunities in highways, transport and logistics. Recalling his stint as the Public Works Department (PWD) minister in the first Shiv Sena-BJP government in Maharashtra in the early 1990s, he said even in those days money was never a problem to fund infrastructure as he could successfully raise funds and build the Mumbai-Pune Expressway with public money, which then went on to become a model for infrastructure financing. "When Reliance submitted the tender for the ...

Gadkari invites US pension, insurance funds to invest in India's road infra

Union Road Transport and Highways Minister Nitin Gadkari has invited US investors, particularly insurance and pension funds, to invest in the country's road and highway infrastructure

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

South Africa has world's most dangerous roads; India in fourth place: Study

South Africa has been ranked as the world's most dangerous country to drive in while India came in at fourth place, according to a research study by international driver education company Zutobi

Auto margins could come under near-term pressure on higher duties

Commercial vehicle companies to gain the most on scrappage, bus orders and infra boost

Gayatri Projects declared lowest bidder for road project worth Rs 1,323 cr

Construction engineering company Gayatri Projects on Friday said it has been declared the lowest bidder for a road project worth Rs 1,323.52 crore

In the spotlight: Growth signs visible for road infrastructure players

Analysts expect better order flows, improving labour availability and rising construction activities to boost second half performance

Critical road infra to place India on par with US, UK in 2 years: Gadkari

Apart from optic fibre, transmission and gas pipelines, a large number of industrial clusters are planned on its side

Road sector is growth multiplier but currently gasping for breath: S C Garg

Road infrastructure investment has the biggest spin-offs in terms of boosting economic activity and social advancement, Garg said

Rs 30,000-crore road projects identified under built operate transfer

In sync with norms on hybrid-annuity and EPC contracts, NHAI has identified stretches of approximately 935 km across India, which will be constructed on built operate transfer (BOT) toll mode

Road infrastructure firms witness surge in order inflow in current quarter

Surge in the current quarter, with more expected; top picks include Dilip Buildcon, Ashoka Buildcon & Sadbhav Infra

Analysts bet on EPC firms in road infra

Players with a strong balance sheet, execution track record, and robust asset portfolio would be key beneficiaries

Increased road construction activity sees higher bitumen sales for OMCs

The govt's thrust on road infrastructure has led to a rise in demand for bitumen products