National Highways Authority of IndiaĂâs (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).
Tag: NHAI
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IRB InfraĂâs SPV achieves Financial Closure for Rs 2,088 cr
Udaipur Tollway Pvt. Ltd, a Special Purpose Vehicle (SPV) of IndiaĂâs largest Highways Infrastructure developers, IRB Infrastructure Developers Ltd, has successfully achieved financial closure for its Udaipur Ăâ 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 ExpresswayĂâs 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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JICAĂâs 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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ABBĂâs technology ventilates AsiaĂâs 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.
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One side of Hero Honda Chowk flyover thrown open
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.
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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.