Union Minister for Road Transport and Highways Nitin Gadkari has promised more road projects worth Rs 50,000 crore to Arunachal Pradesh that will include a 1841-km frontier highway along the stateÂ’s international boundary with China.
Tag: Road projects
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RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
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Ashoka Buildcon´s targets
Ashoka Buildcon is targeting new road projects worth Rs.4,000-5,000 crore this fiscal as India pushes for higher investments in building new highways and revamping existing ones.
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Needed: Project Managers
The Indian Railways, which had a modest beginning in 1853, has since then been an integral part of the nation, a network that has held together a population of one billion
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Govt to raise Rs.3 lakh crore from fuel cess for road projects
The government will require at least Rs.3 lakh crore to implement the proposed new highway development programmes including Bharat Mala
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State govt in dark on BKC bullet train terminal
The government will require at least Rs.3 lakh crore to implement the proposed new highway development programmes including Bharat Mala
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Hi-tech in infra
India has only recently begun to focus on the growth of its infrastructure. There is still a long way to go in adopting the latest and best technologies for their design, construction and management.
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IVRCL to get Rs.400 crore from sale of TN road projects
Hyderabad-based infrastructure player IVRCL Limited will receive Rs.400 crore from the sale of three road projects in Tamil Nadu after the delayed monetisation resulted in a loss in value of the projects.
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Unravelling growth
At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
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Eventful journey ahead
After a hiatus in 2014, there are emerging signs of takers for PPP projects in some of the sectors, including ports. Baring some shortcomings, PPPs have achieved resonable success rate. However, it is too early to say that they have been a grand success.