Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.
Category: Roads & Highways
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ĂâWe are likely to exceed 5000 km of road length awarded by December 31, 2014Ăâ
Vijay Chhibber, Secretary, Ministry of Road Transport and Highways shares his views on the status of pending projects, the financing of projects and the much talked about Road Safety and Transportation Bill
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Road Sweeper RS 6000
It is highly essential to keep the roads and road sides spic and span. Cleaner roads are safer roads. Maintaining a clean road involves the removal of litter and removal of leaves from the roads.
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NeighboursĂ´ envy, IndiaĂ´s pride?
Vallarpadam in Cochin run by DubaiĂ´s DP World Ltd is slated to have a companion in Vizhinjam near Thiruvananthapuram as the new transshipment facility.
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Building Bridges
There have been several technology achievements in bridge design and construction in India over the past decade. Indian engineers, contractors and bridge designers have developed several state-of-the-art construction
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Seeking Stable Ground
From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.
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India requires a deep market for IDFs to be tradable
I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.
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Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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ADB approves $350 million for roads
The Asian Development Bank (ADB) will provide $350 million loan assistance for upgradation of district roads in Madhya Pradesh.
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Rail Vikas Nigam to hold 10% in new ports infra entity
Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.