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Road Contracts awarded drop to less than half!

Road Contracts awarded drop to less than half!

As per CW reports up to January 2024, only 3,481 kms have been awarded Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the...

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Paving the Way

Paving the Way

The road construction companies are eying 20 per cent growth through this fiscal. With this, a plethora of opportunities have opened up for road equipment industry.

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The Union Budget has a progressive outlook

The Union Budget has a progressive outlook

The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.

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Competition Picks Up in HAM

Competition Picks Up in HAM

Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.