The Union government has invited bids worth Rs 20,000 crore,to widen 2,000 km of highways, opening up a big opportunity for companies such as L&T, GMR,Reliance Infrastructure and Gammon.This has helped the National Highways Authority of India (NHAI) inch closer to its target.
Tag: GMR
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A real estate game
The progress of Indian airports from aero- to non-aero-heavy revenue model may happen sooner than we thought. On the one hand Indian airports that are finally looking world-class even lavish and opulent, some say while airlines are cutting themselves down to size and not thinking beyond low-cost.
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Bracing Up
Since we're in December, it's probably a good time to look back at the year. The 6.9 per cent quarterly growth figures for the previous quarter come in the year's sunset month, and the fiscal year's growth is now downgraded to about 7.3 per cent.
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Customs duty waiver to power projects
On the basis of a provisional certificate issued by the Finance Ministry, duty-free import of power equipment by mega power project developers is set to be allowed qualifying the developers for a waiver.
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The fact that bidders believe in good growth over a period of 20-30 years is a vote of confidence
The net present value of the bids NHAI has received this FY from NVGF from 12 projects on DBFOT is to the tune of Rs 16,500 crore. JN Singh, Member (Finance), NHAI, explains to Shashidhar Nanjundaiah why this limited revenue stream will go a long way in all-round road development.
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India to spend Rs 2.64 lakh cr on highways in 12th Plan
In the next five years, the Union government is expecting an investment of over Rs 2.64 lakh crore in the road sector, of which over 65 per cent will come from the private sector.
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Achieving growth of road length: A wishlist
A recent post by National Highways Authority of India (NHAI) in its newly created Facebook wall reads "The road to success is always under construction". For most of the industry watchdogs,
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NHAI shortlists 10 cos to bid for `5,000 cr projects
The National Highways Authority of India (NHAI) has shortlisted 114 highway construction companies and developers in the annual technical qualification initiated by the body in March this year. Ten of these have qualified to directly put in financial bids
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Tap small saving options to finance infrastructure
Globally, Royal Bank of Scotland's focus is to raise capital from public and private markets and selectively do asset equipment and shipping finance.
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Rush for Guj port
Eighteen companies have qualified to bid for developing a Rs 1,750 crore port at Nargol in south Gujarat.