Page 6 - Road Projects

60% road projects do not have a major maintenance reserve, says ICRA

The lack or inadequacy of these funds also highlights financial stress in developing these road projects

High land acquisition cost major hurdle in road construction: Gadkari

Gadkari said some state governments are now coming forward to assure the ministry of easing land acquisition process and bearing its cost, which is helping in early implementation of projects

NHAI tweaks strategy for Rs 3 trillion projects under Bharatmala scheme

The Ministry of Road Transport and Highways and the NHAI are ready with a list of projects that would be awarded as soon as the new govt takes office

NIIF, ROADIS to create a platform to invest $2 billion in road projects

ROADIS currently manages 1,892 kilometers of highways, divided among ten concessions in Mexico, Brazil, Spain, Portugal and India

NHAI and Maharashtra differ over accuracy in toll collection data

While the National Highways Authority asks for 95% accuracy in toll collection data, the state road development agency is content with 90%

RoadMin fixes Dec 19 as bid deadline for 2nd tranche of 8 road projects

The offer has 12 toll plazas across four highways

NBCC says will soon complete 1100 km road work in Odisha's Koraput

The road projects remained a non-starter for several years due to Maoist activities

Gadkari kicks off work on Rs 35.8 billion road projects in Madhya Pradesh

The minister said work on the Delhi-Mumbai Expressway passing through Jaipur and the Bhopal-Indore Expressway and the Chambal Expressway will start soon.

Eye on 2019 elections: Nitin Gadkari sets stiff deadlines for road projects

The minister threatened to rescind remaining projects in states in which the older ones or those that are stuck are showing no signs of completing

Road sector revival: Projects being awarded at lower than reserve prices

Upswing in investors' interest in engineering-procurement-construction projects

Road sector revival: Projects being awarded at lower than reserve price

The Union road ministry had in January 2017 brought down the eligibility criteria required to bid for highway contracts; that is one reason for investors' interest in quoting below the reserve price

Border, Northeast push take ministry ahead of NHAI in road project awards

Number of road projects awarded suggests trend reversal

Centre announces road projects worth Rs 60,000 cr for Tamil Nadu

Work for Chennai-Bengaluru Expressway expected to begin next year-end

Cabinet may clear new model for road projects

Concessionaire period to be linked to traffic volume on highway under the model

Rs 2-lakh-crore road projects to take off in UP under Yogi Adityanath govt

Projects worth Rs 60,000 crore are already underway or completed

M&As in road sector pick up over easier exit norms: Icra

The country relaxed the exit policy for road projects under the public private partnership (PPP) model in May 2015. The policy move is showing results with a higher quantum of deals seen in the road sector in the last two year's time, according to rating agency ICRA Ltd.The rise in deals, however, may not have brought cheer to a good number of road projects sponsors as the ICRA data suggest 31% of the deals in the last two years were made at a loss to the investor."In about 31% of the transactions, the return to the developers is negative, indicating loss on investment. Developers with a weak credit profile are the ones who disposed of their assets at a loss as liquidity took precedence over profit-making for them," said K. Ravichandran, Senior Vice President and Group Head, Corporate Ratings, at ICRA.In a media statement on Wednesday, the rating agency said, "Sponsors in around 20 road assets involving a total cost of Rs.12327 crore have monetised their assets as opposed to around ...

Govt okays Rs 11,000 cr road projects for Left-wing hit areas

The roads will be operable through the year, irrespective of weather conditions

Government approves Rs 1,955-crore road link project

The new project highway is a new formation of the missing link at NH-131A to NH-133B connecting Sahibganj in Jharkhand and Manihari in Bihar

Centre to extend its four lane project up to Rameswaram

Centre has allocated Rs 685 cr for converting the two-lane road from Madurai to Paramakudi into a four lane one

Road projects to build balance sheets of infra companies from next year

In the past year, NHAI has awarded close to Rs 60,000 crore worth of projects, mostly as cash contracts