GVK Power and Infrastructure Ltd has announced that GVK Transportation Pvt Ltd, a wholly owned subsidiary, has been chosen through an international competitive bidding process to take up the four-laning of Shivpuri-Dewas section of National Highway No 3 in Madhya Pradesh.
Tag: NHAI
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R-Infra to buy stranded road projects
Reliance Infrastructure (R-Infra) is planning to buy out licences to build road projects from companies which had bagged these through the bidding route but are then unable to proceed.
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Negative VGF: A new angle in confidence?
Roads Minister CP Joshi recently remarked that the success of NVGF bids reaffirms the confidence of developers in the efforts taken by the government in the highways sector, and that investors see prospects in the road sector.
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NHAI has shifted 100% risk to developer: Experts
With shift from the erstwhile revenue-sharing model to fixed premium model under NVGF, NHAI has managed to reduce its own risk. Four of the best road sector experts explain how NVGF works and why it reflects increased competition.
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The fact that bidders believe in good growth over a period of 20-30 years is a vote of confidence
The net present value of the bids NHAI has received this FY from NVGF from 12 projects on DBFOT is to the tune of Rs 16,500 crore. JN Singh, Member (Finance), NHAI, explains to Shashidhar Nanjundaiah why this limited revenue stream will go a long way in all-round road development.
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Expertspeak: How to determine premium
Planning and projection will be in sharp focus in an increasingly competitive environment while determining costs and benefits in NVGF road projects.
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NHAI to float Rs 50 bn bonds
National Highways Authority of India (NHAI) is expected to launch tax-free bonds worth about Rs 5,000 crore in the first phase over the next few weeks.
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Expertspeak: Building in before bidding out
How can BOT contractors with NGVF improve their returns from highway investment? JD Stuart Macaskie itemises what measures the scheme should take to extract more financial and efficiency benefits.
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Jharkhand allots Rs 50 bn for road projects
State Highways Authority of Jharkhand will build about 1,000 km stretch of new roads and would strengthen 5,000 km in the next couple of years.
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Jharkhand allots Rs 50 bn for road projects
State Highways Authority of Jharkhand will build about 1,000 km stretch of new roads and would strengthen 5,000 km in the next couple of years.