In the midst of widespread protests and growing concerns as to the extent to which 'viable', toll-based road projects can work under PPP.
Tag: Road
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Expertspeak: Towards a corporate attitude
Indian Railways needs to tweak its procedures towards competing with the road logistics sector and communicate more effectively with its stakeholders in order to unleash its true potential, says Anurag Mishra.
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3i deploys Rs 700 cr on infra projects
T3i India Infrastructure Fund, part of the UK-listed 3i group, has invested about $157 million (about Rs 700 crore) in road and power projects, taking close to four months to close the deals as increased approvals from authorities and the fund’s own stricter due diligence extended the time.
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CIDCO to improve airport connectivity
The City Industrial and Development Corporation (CIDCO) has taken up a Rs 340 crore project for construction of road and improving infrastructure in and around the proposed airport in Navi Mumbai.
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IVRCL arm bags Rs 1,550 cr highway project
IVRCL Infrastructures and Projects (IVRCL) has bagged a road project, estimated at Rs 1,550 crore, on the NH-59.
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Tuticorin port seeks Official Development Assistance
Tuticorin Port Trust (TPT) was seeking assistance of Rs 2,800 crore from Official Development Assistance (ODA) of Japan to develop the outer harbour project, proposed three years ago.
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Arunachal develops road infra
The ministry of Development of North Eastern Region (DoNER) has sanctioned Rs 69.92 crore for development of road network in four districts of Arunachal Pradesh.
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Madhucon bags road project
Madhucon Projects has been awarded a project for four-laning of Barasat-Krishnagar section of NH-34 between 31 km and 115 km in West Bengal by NHAI.
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French Connection
India would like French companies to help develop its fast-growing motorway network, Minister for Road Transport and Highways Kamal Nath said to the Frech media.
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11 projects under one roof
Reliance Infrastructure (RInfra) is in the process of consolidating its road projects assets, which involve an investment of Rs 12,000 crores, into a holding company to pave way for a potential IPO or private equity investment in the future.