This year was truly a vortex of a perfect storm, yet it has been a year of contrasts. The Indian industry is in dire need of political stability and the strength of leadership at the Centre, but at the same time, India recently overtook China as the most attractive investment destination in the world. This year, foreign institutional investment (FII) is at its peak, having crossed Rs 1 lakh crore.
Tag: NHAI
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Can NHAI really help?
The current levels of stress have been harsh on the road sector as a whole, indicating that there could be further deterioration in credit quality. While describing the current concerns of the toll roads sector, R Venkataraman believes the various steps taken by NHAI may not greatly help the ailing sector.
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Panel suggestions to bring relief to hway developers
The C Rangarajan Committee is expected to suggest reduction and deferment of premium to be paid by road developers to National Highways Authority of India (NHAI). Hence, with the panel measures, several highway developers are set to get major relief. Rangarajan committee is likely to recommend that for six-laning of highway projects, at least 25 per cent reduction in annual premium payment to NHAI during construction period and about 50 per cent during subsequent years.
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Nod to 14 highway projects under EPC mode
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
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Nod to 14 highway projects under EPC mode
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
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Improvement of two key roads
The Gurgaon-Sohna Road and Southern Peripheral Road should be strengthened to handle more traffic before it starts building a flyover at Hero Honda Chowk on the Delhi-Gurgaon expressway, the National Highways Authority of India (NHAI) has said.
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Making the right noises
Will the proposed Dispute Resolution Bill enhance or stymie the negotiating power of infrastructure developers? While the Planning Commission has articulated a clear need for a new law that addresses the typical infractions that occur between public
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Rescheduling is prejudicial to the exchequer
As someone who has withstood the pressure from the infrastructure sector on the question of whether contract renegotiation should be adopted as a norm, Gajendra Haldea, Adviser to the Deputy Chairman of the Planning Commission of India minces no words.
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NHAI to spend Rs.11,885 cr
For its many projects, the National Highways Authority of India (NHAI) has set an expenditure target of Rs 11,885 crore for this 2013-14 fiscal. The planned expenditure includes its flagship road building scheme National Highways Development Project (NHDP) as well
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NHAI seeks control of Gurgaon expressway
The National Highways Authority of India (NHAI) has sought the Centre to allow it to take over the poorly run Gurgaon expressway from the concessionaire. NHAI has also supported the public's demand of doing away with toll collection on the expressway.