MoRTH’s road execution is set to moderate to 9,000-9,500 km in FY2026-27 as project awards decline, according to ICRA. Credit rating agency ICRA expects road execution by the Ministry of Road Transport and Highways (MoRTH) to moderate to 9,500-10,000 km in FY2025-26 and further to 9,000-9,500 km in FY2026-27 owing to a decline in project...
Tag: EPC projects
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Opportunities galore, but targets ambitious
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.
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We are watching the InvIT market very closely
Ashish Agarwal, Director, Equirus Capital, explores the various avenues available for encouraging the flow of private funds into the infrastructure sector.
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Lack of sufficient domestic project financing options remains a concern
Steve Edwards - Chairman and CEO, Black & Veatch, shares his perspective on the Indian infrastructure market, his company´s offerings, and the shortcomings in the current EPC contract mechanism in the country.
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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.
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Coordinated efforts among government, developers needed
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of IndiaÂ’s policy towards infrastructure deveÂlopment.