Overdependence on bank funding of infrastructure will put unreasonable pressure on those financial institutions.
Category: Roads & Highways
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French Connection
India would like French companies to help develop its fast-growing motorway network, Minister for Road Transport and Highways Kamal Nath said to the Frech media.
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Spanish firms in UP project
Two Spanish firms, Isolux Corsan and Cobra Instalaciones, have entered the fray for the proposed PPP project in power transmission in Uttar Pradesh.
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11 projects under one roof
Reliance Infrastructure (RInfra) is in the process of consolidating its road projects assets, which involve an investment of Rs 12,000 crores, into a holding company to pave way for a potential IPO or private equity investment in the future.
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Global Policy: Around the world, infra is in critical stages
Severe budget constraints will limit many governments’ ability to fund improvements, and private financing will have to fill the gap.
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NHAI awards 100 projects by March
National Highways Authority of India (NHAI) has finalised awarding of 100 projects in the fourth quarter of 2010-11.
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PPP for those unable to pay
Finance Minister Pranab Mukherjee indicated that public-private-partnership (PPP) projects should be directed to people who cannot pay for infrastructure services as it would ensure inclusive growth.
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Signal free 291 km Panipat-Jalandhar highway
The six-lane National Highway-1 from Panipat to Jalandhar, 291 km stretch will be completely signal-free by November 2011.
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Bhutan blocks IndiaÂ’s proposed South Asian road connectivity project
A few news reports have quoted Bhutanese politicians who have said that the Himalayan country was “not ready” to pass the Bill, because its citizens “needed to be convinced about the benefits” of the proposed South Asian connectivity arrangement.
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NHAI inaugrates Basai ROB
National Highways Authority of India (NHAI) recently inaugurated a bridge (culvert) over Badshapur drain near Hero Honda Chowk on Delhi-Gurgaon expressway, meanwhile Huda allowed traffic on trial over Basai railway-over-bridge (RoB) on Dwarka expressway.