The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
Tag: NHAI
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G Infra bags Rs.400-cr project from NHAI
G Infra has bagged a Rs.400 crore project from National Highways Authority of India (NHAI) for two-laning a road connecting two highways in Rajasthan. ´The 62 km long Tonk-Sawaimadhopur section would be executed on EPC mode and completed in two years from the date of commencement of the project,´ the Ministry of Road Transport and Highways said in a statement.
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Bids open for underpass project in Gurgaon
In a major fillip for infrastructure development on the Delhi-Gurgaon Expressway, the National Highways Authority of India (NHAI) has opened financial bids for the construction of three crucial underpasses on the highway.
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Awareness creation is the biggest challenge
Currently, the demand is much less than the supply. We all have an installed capacity, but are not able to sort of utilise that fully because the demand still has to pick up locally.
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NHAI awards contract for 2-laning of NH-116
The National Highways Authority of India (NHAI) has issued a letter of award (LoA) for two-laning of the Tonk-Sawai Madhopur section of NH-116 in Rajasthan under the National Highways Development Programme (NHDP) Phase-IV.
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Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.
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Centre selects Vadodara-Mumbai-JNPT Corridor for upgradation
The Central government has selected the Vadodara to Mumbai National Highway corridor to be upgraded to an Expressway. The government has already approved the feasibility study for this corridor. Meanwhile, the entire stretch of the Vadodara-Mumbai Expressway is proposed to be constructed in three phases, that includes Vadodara to Talasari (phase I), Talasari to Shirsad and Shirsad-Panvel (phase II) and Shirsad to Dhisar (phase III).
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NHAI to build roads connecting export hubs with ports
The NHAI is identifying highway projects connecting export hubs with port cities. The government has already identified industrial corridor Delhi-Mumbai, Amritsar-Kolkata, Chennai-Visakhapatnam and Chennai-Bengaluru to connect the hinterland with the ports.
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NHAI is executing nearly 205 highway projects
The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.
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The Great PPP Conundrum
The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit