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Hitting the High Notes

Hitting the High Notes

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.

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Road construction pace set to double by FY18 | Crisil

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.

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The Great PPP Conundrum

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

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Ashoka Buildcon´s targets

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.

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Hit by the HAMmer

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.