If the National Highways Authority of India (NHAI) made available at least 80 per cent of the land required for public-private partnership (PPP) road projects, banks can now start lending.
Tag: Highway
Post
Post
Cabinet may consider road ministry proposal
Media reports indicate that the union cabinet may consider the proposal of the road ministry to allow road developers to sell their 100 percent stake in already awarded projects in favour of more capable firms. The highway ministry proposed this idea as many highway developers are unable to begin work on their project because of financial and
Post
Cabinet may consider road ministry proposal
Media reports indicate that the union cabinet may consider the proposal of the road ministry to allow road developers to sell their 100 percent stake in already awarded projects in favour of more capable firms. The highway ministry proposed this idea as many highway developers are unable to begin work on their project because of financial and
Post
Kozhikode civic body gives land for road projects
Following request from concerned authorities, the civic body of Kozhikode is taking steps to hand over land for to the Public Works Department for the improvement of roads. Roads in the city would be upgraded under the Kozhikode City Road Improvement Project (KCRIP). For this purpose, the coordinator of KCRIP requested the Kozhikode corp
Post
Govt may revamp MCA for road projects
Unconfirmed reports indicate that the government would revamp the model concession agreements (MCAs) for public private partnership (PPP) projects in the highway sector. It may be noted that the existing MCAs have outlived their utility and there are no provisions for addressing emerging problems in many such projects. The
Post
GMR to cut debt via sale of road assets
In order to reduce its debt, GMR Infrastructure is in the process of offloading stake in some of its toll road projects. The company is reportedly in talks with potential investors such as Morgan Stanley Infrastructure Fund, Citigroup Venture Capital, SBI Macquarie and ICICI Venture to raise about Rs 1,800 crore through the stake sale
Post
Govt seeks legal advice on GMR project
Government has sought legal advice on the proposal to give concession to GMR Infrastructure for implementing the Kishangarh-Udaipur-Ahmedabad project. The government seeks legal advice because the issue has wider implications for road sector and needs careful resolution in order to protect the interest of the gov
Post
Govt seeks legal advice on GMR project
Government has sought legal advice on the proposal to give concession to GMR Infrastructure for implementing the Kishangarh-Udaipur-Ahmedabad project. The government seeks legal advice because the issue has wider implications for road sector and needs careful resolution in order to protect the interest of the gov
Post
CCEA clears Rs 31 bn highway widening project
The Cabinet Committee on Economic Affairs (CCEA) cleared a Rs 3,120 crore project for four-laning of the 155 km Hoshpukur-Falakata-Salsalabari section of National Highway-31D in West Bengal. The project cost includes the cost of Rs 907.60 crore towards land acquisition, re-settlement and rehabilitation and other pre-construction activities. The districts of Darjeeling, Jalpaiguri and Coochbihar in West Bengal are cove
Post
AP govt takes steps for right of way to metro project
Andhra Pradesh government is taking efforts to give right of way for the elevated Hyderabad Metro Rail project being executed by Larsen and Toubro. The state government is taking steps to shift utilities such as water lines, sewer lines, electrical overhead lines and underground cables, electrical poles, street lights, advertisement boards