India’s road network is ahead of China’s & second only to the USA! India’s road network is second to the USA in the whole world. It is way ahead of China’s road network! No wonder several road asset funds are looking towards the National Highways Authority of India’s Asset Monetisation Plan. India’s road network is over...
FlashNews:
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
The Corridor of Opportunity
The New Power Corridor
Collaborating Beyond Bricks and Steel
Tag: Special Purpose Vehicles
MISSION EXECUTION!
With 59 special purpose vehicles (SPVs) in place, India's Smart Cities Mission is now ready to take off. With more than 15 tenders coming in every month, winning cities have made sure their envisaged plans are on track, albeit at a slow speed.
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.
Investing in risk assessment
Over the last two months, HDFC Bank recruited heads for four verticals, including infrastructure finance, to grow its investment banking business. Recently, several banks have been hiring up infrastructure experts, and as innocuous as the news may seem, it reflects a longer term goal to get specialised. As with most other lessons in India's infrastructure sector, the solution is reactive, not innovative. So banks have a job on their hands, and don't they know it.
REC to launch 3 SPVs
REC Transmission Projects Company (RECTPCL)—Bid Process Coordinator (BPC) for three transmission projects—will incorporate three Special Purpose Vehicles (SPVs).