The government´s move to demonetise old Rs.500 and Rs.1,000 banknotes has been widely hailed by the country´s infrastructure sector as a positive development. Industry representatives would also like the government and its agencies to simultaneously roll out adequate measures to counter any likely bumps on the road ahead.
FlashNews:
India Plans Airport-Centric Real Estate Push; Naidu Targets 15% Economic Growth
NALCO’s Lithium Leap: Head Reveals Timeline for Argentina Mines, Global Expansion Plans
Mumbai-Ahmedabad Bullet Train Gains Momentum with Major Civil Works Milestones
ONGC Begins Gas Sales from Chinnewala Tibba Block, Boosting Rajasthan’s Energy Grid
OIL-BPCL Join Hands for City Gas Network Rollout in Arunachal Pradesh
Government push makes India’s maritime sector future-ready, unlocking $1 trillion potential”: Sonowal
ISRO Innovations Continue to Reach Industry as IN-SPACe Signs Five New Deals
India Launches Maritime Hackathon at IIT-Madras to Power Port-Tech Startups Ahead of Maritime Week 2025
CAE, InterGlobe JV Opens Fourth Commercial Aviation Training Centre in India to Meet the Country’s Soaring Pilot Demand
India’s Space Vision 2040: Jitendra Singh Says Astronaut Will Announce ‘Viksit Bharat’ from Moon
India May Launch Dedicated Maritime Satellite to Boost Coastal Governance: Sonowal
Modi Inaugurates ₹18.7 Billion Aunta-Simaria Ganga Bridge to Link North and South Bihar
Biofuels Earn Farmers $15 Billion Over 11 Years, Says Puri; Reaffirms Commitment to Shield Consumers from Fuel Price Volatility
Reacting to Trump tariffs, India, Brazil expand oil ties: S&P Global Commodity Insights
Jupiter Wagons Secures $25.8 Million Vande Bharat Wheelset Order, Plans Major Odisha Expansion
WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
IHCL to redevelop historic Chotelal Ki Ghat in Kolkata under heritage-led riverfront initiative
India’s Airline Profitability to Dip Amid Airspace Disruptions and Safety Concerns: Crisil Ratings
Welspun One Expands South India Warehousing Portfolio with $258 Million Investment
New Peripheral Expressway to ease Delhi’s traffic woes
Minister of State for Road Transport and Highways Pon Radhakrishnan has informed the Lok Sabha that to decongest traffic in Delhi, a ‘Peripheral’ Expressway in two parts was under implementation.
Road construction pace set to double by FY18 | Crisil
Various reforms initiated by the government to ensure speedy approvals and clearances aided the pace of construction of roads, which improved 40 per cent from an average 4.3 km per day in FY2014-15 to 6 km in FY2015-16 and is likely to reach 11 km by FY2018, says Crisil.
RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
The Great PPP Conundrum
The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit
Ashoka Buildcon´s targets
Ashoka Buildcon is targeting new road projects worth Rs.4,000-5,000 crore this fiscal as India pushes for higher investments in building new highways and revamping existing ones.
We don´t have a benchmark. The government will have to start setting it
It seems the government has a few mega projects in hand. These really need to stand the test of time, and how the rollout is going to happen is going to be the single biggest challenge. The numbers are too big. They should get real in terms of achieving these numbers.
Hybrid Annuity model for implementing highway projects approved
The Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, has given its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the Highway Projects.
Hit by the HAMmer
The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.
IL&FS Transport plans to raise Rs.750 crore through rights issue
IL&FS Transportation Networks has said it plans to raise Rs 750 crore via a rights issue to augment its long-term resources.