CRISIL expects revenue of road EPC players to grow 10-12 per cent and margin to remain range bound at 13.5-14 per cent
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 ...
The Hybrid Annuity Model is expected to account for half of the projects
Prime Minister Narendra Modi laid the foundation stone for two road projects aimed at improving connectivity to the temple town of Pandharpur in Maharashtra via video conferencing on Monday
Among sectors, water, telecom and Railways faced the highest cost overruns
Addressing a virtual CII meet, Gadkari said that the National Highways Authority of India should also have a financial arm such as the Power Finance Corporation
Rating agency CARE said the disruption of toll collections for state projects since October 2020 accentuated with no fees collection at toll plazas since December 2020
The Centre has sanctioned over Rs 600 crore for the construction of 42 roads and bridges in Uttarakhand, Chief Minister Pushkar Singh Dhami said on Friday.
The trust is being set up as a private listed InvIT to attract large institutional investors
The authority has so far generated over Rs 17,000 crore through the TOT model
Construction target for the year roughly translates into 12-13 km a day
Delhi Chief Minister Arvind Kejriwal on Tuesday directed PWD officials to complete the ongoing projects of redesigning of roads here along the lines of European cities, within stipulated deadline. He also visited Sriniwaspuri Ring Road and inspected the pilot project of redevelopment. Kejriwal said the tender process of redesigning of roads should be done in a swift manner to complete the project by 2023. He also chaired a review meeting with PWD Minister Satyendra Jain and senior officers of the department, on the status of the ongoing project of redesigning and streetscaping of seven road stretches and 540 km of identified roads, said a Delhi government statement. "The process of designing the roads should be done in a swift manner and the project should be completed within the stipulated deadline of 2023. The Public Works Department (PWD) should ensure removal of all obstacles as the projects need to be completed in two years," he said. Under the pilot project, considerable ...
IL&FS has received Rs 693 crore worth of settlement claims for two road projects from the National Highways Authority of India (NHAI).
The Bill suggests that the government has learned from past mistake
The ring road project comprises two parts -- Rs 9,500 crore northern part and Rs 6,480 crore southern portion
The over 10-km road stretch being built between Kasna and Khareli Hafizpur in the bordering district of Gautam Buddh Nagar in Uttar Pradesh is being constructed for Rs 7.24 crore
Almost all the national highway projects in Uttarakhand had been grouped under the name of Char Dham project by the Union ministry of road transport and highways
Infrastructure developer Dilip Buildcon on Tuesday said it has incorporated a special purpose vehicle (SPV) for road project worth Rs 882 crore in Gujarat
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
May borrow Rs 9,000 cr this year even as it has offers of Rs 29,000 cr