The road sector has gathered steam with the governmentĆĀ“s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
Tag: BOT
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CCEA nod for highway projects worth Rs.5529 cr
The Cabinet Committee on Economic Affairs (CCEA) has given approval to three highway projects in Haryana, Uttar Pradesh and Maharashtra. These three highway projects with total length of more than 300 km, have an estimated cost of Rs 5529 crore.
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Railways require capital infusion
S C Agnihotri, Managing Director, Railway Vikas Nigam Ltd (RVNL) points out that infusion of private capital in augmenting infrastructure can break the vicious cycle of poor productivity, underinvestment and poor realisations in Indian Railways
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Budget 2015: The chinks and the missing links
Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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NHAI to put Shivpuri-Dewas road project for rebidding
The National Highways Authority of India (NHAI) will soon put the Shivpuri-Dewas road project in Madhya Pradesh for rebidding.
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MPRDC to undertake construction of 18 ROBs
Madhya Pradesh Road Development Corporation Ltd (MPRDC) plans construction and development of 18 ROBs and 9 LHS on BOT (Toll) basis. The project is estimated to cost Rs 674.00 crore.
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A tale of two Bills
The Highways Bill could represent the first major step taken by the government towards the creation of an independent authority with the power to cut delays and streamline the project approvals processes, thereby addressing major problems faced by the Indian roads and highways industry today and potentially opening up huge private investment, writes Aakanksha Joshi.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.