The National Highways Authority of India (NHAI) has opened one side of the flyover from Delhi to Jaipur at Hero Honda Chowk on NH-8. The work on the entire flyover is being completed at a fast pace, and is likely to be open to the public by June 30th. The move is expected to ease congestion and reduce traffic snarls and thus benefit residents of the nearby sectors.
Tag: NHAI
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In the HAM of a Dilemma
Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.
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‘Lenders’ concern – risky execution in highway concessions
Minimising of project execution risks and introduction of strong deterrents for non-performers are the only long-term solutions to ensure seamless funding for infrastructure projects, says Srishti Ahuja Taneja, Director, Transaction Advisory Services, Ernst & Young.
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NHAI to float bids for monetising 10 highways
Buoyed by response from international institutional investors, the National Highways Authority of India (NHAI) plans to come out with bids for monetisation of 10 out of 75 public-funded national highway projects in the first phase.
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NHAI to float bids for monetising 10 national highway projects
Buoyed by response from international institutional investors, the National Highways Authority of India (NHAI) plans to come out with bids for monetisation of 10 out of 75 public-funded national highway projects in the first phase.
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Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited
Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals
The priority of the Budget should be to improve the macroeconomic fundamentals of the country and make efforts to meet the fiscal deficit targets of last year. The onus should be on productive utilisation of funds.
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Infra pulls and pushes in 2017
On paper, India´s infrastructure industry is poised for a phenomenal growth in 2017 with several trillion dollars worth of roads, highways, rail, airport and Metro projects simultaneously launched by Prime Minister Narendra Modi, a week before 2016 saw its last setting sun.
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Full Steam Ahead
Speaking recently at the industry lobby group FICCI's annual general meeting in New Delhi, Nitin Jayram Gadkari, Union Minister for Road Transport and Highways and Shipping, said the government has proposed a multimodal transport hub plan, which seeks to integrate major modes of transport such as roads, railways, ports and air.
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Remaking India
The infrastructure sector, with transportation at the forefront, is a key enabler, acting as no less than a spinal cord for any economy and India is no exception. The infrastructure sector can be referred to as a set of basic services, facilities and physical installations required for smooth functioning of quality life in a country.
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Hitting the High Notes
The government´s move to demonetise old Rs.500 and Rs.1,000 banknotes has been widely hailed by the country´s infrastructure sector as a positive development. Industry representatives would also like the government and its agencies to simultaneously roll out adequate measures to counter any likely bumps on the road ahead.