The National Highways Authority of India (NHAI) has cancelled the December 6 tender for the six-laning of the Bengaluru-Mysuru expressway without assigning any reason, raising doubts about the future of the ambitious project, according to a news report.
Tag: National Highways Authority of India
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Foreign funds allowed to bid for Toll-Operate-Transfer projects
The Centre has approved the monetisation of public funded, operational National Highway projects that are generating toll revenue for at least two years after start of operations through the Toll-Operate-Transfer Model.
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CW Annual Awards | India´s Fastest Growing Construction Companies Unveiled and Awarded
Mumbai: Seventeen winners, 300 attendees, and for the first time, the CW Annual Awards went live and recorded an online viewership of over 3,500 from India and across the world. This was the 14th Construction World Annual Awards 2016, organised on October 21st at Hotel Four Seasons in Mumbai.
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MAKE IN(fra) INDIA
Though the Centre has chalked out ambitious infrastructure plans, a multi-rate GST, and the DND toll cancellation issue, may dampen the spirit of the infra industry. Union Minister for Road Transport and Shipping Nitin Jairam Gadkari´s well laid out plans to kick start an infrastructure boom in India
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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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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.
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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.
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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
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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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.