Page 2 - Road Sector

India holds world record for fastest road construction: Nitin Gadkari

With the construction of a 2.5 km 4-lane concrete road and a 1-lane 25-km bitumen Solapur-Bijapur road within 24 hrs, India has made three world records, Gadkari said

Need to increase capital outlay in road sector by at least 15%: Icra

Rating agency ICRA on Wednesday said there is a need to increase capital outlay in the road sector by at least 15 per cent besides expediting asset monetisation programme.

ICRA maintains stable outlook for road sector amid improved toll collection

Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles

Toll collection likely to grow 15% in 2021-22: Ratings agency Icra

Icra maintained stable outlook for the Indian road sector

Sell unsold units at 'no-profit-no-loss' to boost liquidity: Nitin Gadkari

The outbreak of coronavirus disease has impacted the real estate sector, which was already reeling from the demand slowdown, the road, transport and highways minister said

Lockdown 2.0: Our targets for project award won't decline, says Gadkari

In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner

As road sector gears up to resume work, uncertainty looms over compensation

As work came to a halt, mobilised equipment remain stranded with idling costs rising

Stable-to-negative: Ind-Ra revises outlook for road sector for FY20

The weakening of financing sentiment and a sharp rise in land acquisition costs exert pressure on the central budget and could compel the government to rethink the bidding model, Ind-Ra said

Road sector M&A momentum may continue in 2017

18 assets totalling 1,888 km and a with combined cost of Rs 30,457 cr are currently on the block