GMR Kishangarh Udaipur Ahmedabad Expressways said it attained financial closure for the 555-km long highway widening project
Tag: NHAI
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Delay in land acquisition stalls Rs 15k cr road projects
An official in the Union Road Transport and Highways Ministry has said that 16 major highway projects in four states entailing about Rs 15,000 crore investment
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Good time for a boost
Infrastructure Today India Opportunity Conference will be held in Toronto on 11 May, and hopes to generate interest among Canadian investors in India’s vast infrastructure opportunities. Where are the best opportunities? A peek.
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6,500 km road contract awarded by NHAI during FY2011-12
8 Projects of 1144 kms were on bid on the 28th and 30th of March 2012. Seven projects got premium and in the remaining one case, the quoted amount was much lower than the expected bid. These bids gave a NPV saving of Rs 6451 Crores.
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Traffic underperformance is key risk
As NHAI attracts yet another round of premium bids, a report says that toll road projects in first-year traffic was below projections by up to 45 per cent.
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Modified PPP model: Bringing in capabilities
PPP should not use public enterprise investments, says Mahesh PS Gandhi, who advocates a modified model for clean and effective financing and implemÂentation of infrastructure projects.
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Advisory is a step towards combining all infra-related services under one roof
Banks lending to the infrastructure sector are feeling the need for specialised project appraisal and advisory capabilities.SBI and IDFC have spun them off as separate entities that can backward integrate into their financing competency. IIFCL’s recently launched projects company goes beyond individual projects, and is starting with trying to capture the goodwill of states and state owned entities.
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Connecting rural and urban India
A report on the 5th India Roads Conference held last month in Delhi.The National Highways Authority of India (NHAI), the National Rural Roads Development Agency (NRRDA) and the state road deveÂlopment corporations will be busy next year.
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Gammon gets NHAI project
Gammon Infrastructure Projects (GIPL) has bagged a Rs 1,684 crore project from National Highways Authority of India (NHAI) for widening Vijaywada-Gundugolanu section of National Highway in Andhra Pradesh. GIPL has got the order on BOT (Toll) mode.The project will be built on design, build, finance,operate and transfer basis.
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GQ projects by 2012
The Union government is expecting to complete the road work, taken up under the Golden Quadrilateral (GQ) projects, by December 2012.Work on four-laning and six-laning of roads has been completed in 5,829 km in the country.The work progress is being monitored closely by National Highways Authority of India (NHAI)and striving to speed up the work.