A new mode of delivery under public-private partnership (PPP) mode, namely Hybrid Annuity Model, is being considered for awarding road projects for implementation, Pon Radhakrishnan, Minister of State for Road Transport & Highways, said.
Tag: Road projects
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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.
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Road projects: Concerns on 100% exit policy
The government´s plan to unlock Rs 4,500 crore equity from road projects seems to have hit a roadblock.
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Toll Roads Securitisation in India
Toll road securitisation, as an alternative means of infrastructure financing, is gradually gathering momentum. Securitisation could be a panacea to the nation´s highly capital deficit sector and its growing requirement for long-term funding.
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Govt likely to relax norms for road investments
The government is toying with the idea of relaxing investment norms in the road sector to attract foreign and domestic funds in projects
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Atlanta eyes Rs.2,000-crore road projects
With the government expected to bid out nearly Rs 50,000 crore worth of road projects in the next 12 months, EPC firm Atlanta is eyeing around Rs 2,000 crore contracts, according to a senior company official.
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India requires a deep market for IDFs to be tradable
I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.
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Maharashtra formulates new tender norms
The Maharashtra government has decided that no new tenders would be issued for road projects unless 90 per cent land acquisition is completed.
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India has the capacity to fund projects more than Rs.1 lakh crore annually
In a candid interview, finance veteran Arun Purwar, Chairman of IndiaVenture Advisors Pvt Ltd & PHL Finance, suggests that since the bond market is deep enough to take care of funding requirements of infrastructure projects, the government must encourage infrastructure fund raising through the bonds.
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Gammon Infra to exit road projects
Gammon Infrastructure and National Highways Authority of India (NHAI) have mutually agreed to terminate concession agreements of two NHAI road projects, as they remained non-starters due to lack of land clearances,