Recent policy recalibrations are reshaping the hybrid annuity model, a distinctly Indian innovation in public-private partnership for road infrastructure. These changes aim to ensure that financially sound and technically qualified developers take the lead, setting the stage for higher construction standards and a more balanced distribution of national highway projects, says Anand Kulkarni. National highways...
Tag: Anand Kulkarni
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Accelerating India’s High-Speed Future
Currently, 22 countries operate high-speed rail or bullet train networks, while another 16 are developing them at various stages of completion. India joined this global movement in 2017 with the launch of its first bullet train corridor on the commercially vital Mumbai-Ahmedabad route. The service was initially expected to begin in 2023, but land acquisition...