Bihar’s successful execution of road development proves that with commitment and integrity, even decades of backwardness can be returned to the highway of progress, writes Nitin Nabin, Minister for Road Construction, Government of Bihar. Through the 1990s and early 2000s, Bihar was synonymous with broken, pothole-ridden roads. Locals often quipped: “In Bihar, you find the...
Tag: expressways
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Mitigate payment-related risks to make infrastructure sustainable
I think in many sectors the policies are conducive. The most recent example is the Rewa Ultra Mega Solar Project, where IFC was the lead public-private-partnership (PPP) transaction advisor. We helped structure the bidding process to include a three-tiered payment security mechanism.
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Steering group finalises deadline for infra projects
A meeting of the Steering Group appointed by the Prime Minister to accelerate Infrastructure Investment in its first meeting has finalized deadlines with time lines for the intermediate steps for key infrastructure projects. The progress on the intermediate steps will be monitored on a regular basis. The deadlines will ensure that Ministries or Departments are clear about not just the over
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Port connectivity: The efficiency linkages
Bankers say ports are one of the best sectors to finance to. With the frenetic growth envisaged in the 2020 Agenda, port connectivity is impatiently awaited as the government works on four-lane roads and rail lines linking the gateways to the hinterland.
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NHAI to build 1,000 km of expressways
The National Highways Authority of India (NHAI) has planned to construct 1,000 km of expressways on build-operate-transfer (BOT) model.
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Delhi-Mum Expwy proposed
The Ministry of Road Transport and Highways is considering aligning expressways along the proposed Delhi-Mumbai railway freight corridor.