Infrastructure firm Dilip Buildcon has said that it has bagged a Rs.2,016 crore road project in Uttar Pradesh. ´The National Highways Authority of India has declared the company as the selected bidder for four-laning of Lucknow-Sultanpur section of NH-56 from 11.50 km to 134.70 km in the state of Uttar Pradesh under NHDP Phase IV on a hybrid annuity basis at a project cost of Rs.2,016 crore,´
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Roads To Recovery
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.
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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The road sector has gathered steam with the government´s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
IL&FS receives TOC for Assam-19 Road Project
L&FS Engineering and Construction Company Ltd (IL&FS Engineering Services) has received a Taking-Over Certificate for substantial completion regarding Assam-19 Road Project from National Highways Authority of India (NHAI).
Seeking Stable Ground
From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.
HCC wins Indo-Nepal border road contract
HCC has been awarded a Rs 393.08-crore project by the Ministry of Road Transport & Highway.
PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.
PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.
FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)