With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Opportunities galore, but targets ambitious
‘Lenders’ concern – risky execution in highway concessions
Minimising of project execution risks and introduction of strong deterrents for non-performers are the only long-term solutions to ensure seamless funding for infrastructure projects, says Srishti Ahuja Taneja, Director, Transaction Advisory Services, Ernst & Young.
The Union Budget has a progressive outlook
The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.
Exciting and groundbreaking technology will drive urban mobility
The future of transportation looks very exciting with several groundbreaking technologies that are going to be commercialised on the fast track. It is going to be disruptive for existing mobility systems and businesses.
GST will lead to savings of 10-12% of overall supply chain cost
Shripad Ranade, Practice Head Â– Automotive & Engineering, Tata Strategic Management Group, explores the impact of government policies and the latest technical developments, on the construction and mining equipment sector.
The focus on EPC has given a fillip to road industry
The roads sector had witnessed an aggressive bidding during the financial year 2011 and 2012. Projects of over 11,000 km were awarded during these years. But the lack of proper governance affected the execution of most of these projects.
Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.
The bottom line is that roads should get done
There has been a significant mindset change in the approach of NHAI and its officers. This is the most significant improvement in the working situation that we have ushered in.
Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
100% stake sale cleared in BOT projects
The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.