With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
Tag: NHAI
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Welspun Enterprises bets big in road sector, expands its portfolio
Welspun Enterprises Ltd (WEL), a subsidiary of Welspun Group, will expand its operations in the infrastructure sector by acquiring two road projects from Delhi-based MBL Infrastructures Ltd (MBL).
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NHAI to Cushion Against Delays in Hybrid Annuity Projects
National Highways Authority of IndiaÂ’s (NHAI) payment of mobilisation advances to developers will provide a fillip to the construction pace of hybrid annuity model (HAM) projects, says India Ratings and Research (Ind-Ra).
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IRB InfraÂ’s SPV achieves Financial Closure for Rs 2,088 cr
Udaipur Tollway Pvt. Ltd, a Special Purpose Vehicle (SPV) of India’s largest Highways Infrastructure developers, IRB Infrastructure Developers Ltd, has successfully achieved financial closure for its Udaipur – Gujarat Border 6 Laning BOT project.
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We have allocated Rs.2,247 cr for Solapur Smart City Plan
We are working on many proposals which are unique in nature. Our main intention through smart city proposals is to encourage community gatherings similar to that of European nations.
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Use Technology, Build Roads Quicker
With ambitious plans for road construction, it is necessary to build a robust system to execute construction of durable roads at a quick pace. INFRASTRUCTRE TODAY, in a quest to dig out more information on road building and management, brings its readers the latest technologies on a platter.
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Dwarka Expressway Gets National Highway Status
Dwarka ExpresswayÂ’s wait has finally come to an end. The National Highway Authority of India (NHAI) has issued a notification which grants the national highway status to the 28 Km long Dwarka Expressway.
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4th Equipment India Award 2017 | Celebration of Excellence
It was 6.15 pm with 15 minutes to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.
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JICAÂ’s Rs 400-crore loan to clear traffic on Delhi Expressway
Japanese lending arm JICA will provide Rs 400 crore loan to India for computerised traffic control on the under-construction Delhi eastern peripheral highway linking Haryana.
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ABBÂ’s technology ventilates AsiaÂ’s longest road tunnel in Jammu and Kashmir
The new 10.8 kilometre Chenani-Nashri tunnel in Jammu & Kashmir, the longest highway tunnel in Asia, will feature a state-of-the-art ABB ventilation system to ensure that users have access to fresh air as they drive through it. ABB India has partnered with IL&FS Transportation Networks Ltd and Sterling & Wilson Ltd in the development of yet another major Indian infrastructure project.