The National Highways Authority of India (NHAI) has awarded two contracts worth Rs.3,918 crore in Karnataka under NHDP. The projects on NH 63 include ´four-laning of Hubli-Hospet section at Rs.2,293 crore to BSCPL-KNR (JV) and four-six laning of Hospet-Bellary-Karnataka/AP border Section for Rs.1,625 crore to Gammon India Ltd,´ the Ministry of Road Transport and Highways said.
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Tag: National Highways Authority of India
Dilip Buildcon bags NHAI contracts
The National Highways Authority of India (NHAI) awarded four-laning contract for the Lucknow-Sultanpur highway section in Uttar Pradesh to Dilip Buildcon.
NHAI awards Rs 2,845 crore UP four-laning contract to Dilip Buildcon
The National Highways Authority of India (NHAI) has awarded the four-laning contract for the Lucknow–Sultanpur highway section in Uttar Pradesh to Dilip Buildcon.
Competition Picks Up in HAM
Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.
Roads To Recovery
The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
On the road to growth
The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.
MEP Infra bags two NHAI toll collection projects
MEP Infrastructure Developers has bagged two projects from National Highways Authority of India for collection of toll for a year at Surjapur Toll Plaza in West Bengal and Dasna Toll Plaza in Uttar Pradesh, the company said.
PMO: End row between NHAI, private players
The Prime Minister´s Office (PMO) has asked the road transport and highways ministry to look into the option of setting up a high-powered committee to resolve disputes between private players and National Highways Authority of India (NHAI)
IL&FS receives TOC for Assam-19 Road Project
L&FS Engineering and Construction Company Ltd (IL&FS Engineering Services) has received a Taking-Over Certificate for substantial completion regarding Assam-19 Road Project from National Highways Authority of India (NHAI).