Under the Bharatmala project, roads and highways measuring a total of 950 km will be developed in Chhattisgarh. The Central Government had already declared 290.08 km of road as new national highways during FY 2017-18.
Tag: NHAI
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ITNL to bid for projects worth Rs 40 billion
Following its parent IL&FS approving a Rs 80 billion recapitalisation plan for the company, road developer IL&FS Transportation Networks (ITNL) is planning to bid for projects worth Rs 40 billion.
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IRB Infra surges over 5% on strong results
The shares of IRB Infrastructure Developers have surged as much as 5.2 per cent to Rs 204 with a 5 per cent increase in net profit at Rs 2.5 billion for the quarter ended June 30, 2018, against Rs 2.38 billion in the previous yearÂ’s quarter.
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The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
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Powerful moves ahead!
Infrastructure Today has completed yet another milestone with over 14 years of coverage on a sector which can make or break the India development story.
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Funding Not a Constraint for Road Building Programmes
In an exclusive interview to INFRASTRUCTURE TODAY, Debjani Chakrabarti, Director Highways, Ministry of Road Transport & Highways (MoRTH) elucidates some of the key funding strategies being utilised by India as a part of the country's ambitious Rs 7 trillion roads building programme.
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Ambitious Target
The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, filing online for clearances to construct road over bridges (ROBs) and road under bridges (RUBs) and increasing the limit on sand mining.
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We have awarded Rs.7.50 lakh crore projects in three years
We are planning to raise Rs 2.9 lakh crore from the equity market, Rs 1.06 lakh crore from private investments and Rs 2.19 lakh crore from Central Road Funds (CRF) or toll-operate-transfer (TOT) or toll road (BOT) projects.
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We need more govt involvement to start stuck projects
If you look at the current state of power generation projects in India, we have around 40-45 GW of stranded capacity. Of this, around 10-15 GW of capacity is operational, but unable to generate any power due to lack of Power Purchase Agreements (PPAs).
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Roads on a Hot Streak
Sustained government thrust through policy changes, investments and proactive addressing of nagging issues, has placed the roads sector in what could be its best growth trajectory yet.