G Infra has bagged a Rs.400 crore project from National Highways Authority of India (NHAI) for two-laning a road connecting two highways in Rajasthan. ´The 62 km long Tonk-Sawaimadhopur section would be executed on EPC mode and completed in two years from the date of commencement of the project,´ the Ministry of Road Transport and Highways said in a statement.
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NHAI awards contract for 2-laning of NH-116
The National Highways Authority of India (NHAI) has issued a letter of award (LoA) for two-laning of the Tonk-Sawai Madhopur section of NH-116 in Rajasthan under the National Highways Development Programme (NHDP) Phase-IV.
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 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
Site clearance for NH bypass nearing completion
The site clearance for the widening of the National Highway-66 bypass stretch from Mukkola to Karode in the Kerala-Tamil Nadu border is nearing completion. The removal of trees, vegetation and other waste materials along the 16.5-km stretch is ´70 per cent complete´, thereby paving way for the development of the second reach of the bypass.
Gayatri bags Rs.306 cr road project
Gayatri Projects has said that it has bagged a Rs.306-crore order from the Centre for four-laning of a highway on the Andhra Pradesh-Tamil Nadu border.
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.
PNC Infra bags Rs.140-cr airport runway contract
PNC Infratech has said that it has been declared as the lowest bidder for a contract in Uttar Pradesh for resurfacing the runway at an Air Force station. ´PNC Infratech Ltd was declared the L1 (lowest) bidder for the project of extension and resurfacing of runway at Air Force Station, Bakshi Ka Talab, near Lucknow.
We are not asset owners. We are not bankers. We are operators
Formerly known as Vivendi Environment, the France-based transnational firm Veolia Environment is active in water, waste solutions and energy services businesses. Founded in 1853, it is present in around fifty countries.
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.