Tag: National Highways Authority of India

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NHAI awards nearly Rs.4,000 cr highway projects in Karnataka

NHAI awards nearly Rs.4,000 cr highway projects in Karnataka

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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Competition Picks Up in HAM

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.

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Roads To Recovery

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.

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On the road to growth

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.

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PMO: End row between NHAI, private players

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)