“The Airports Authority of India (AAI) has declared Dilip Buildcon Ltd, Bhopal, as lowest-1 (L-1) bidder for construction of (a) parallel taxi track and associated civil and electrical works at Dabolim Airport, Goa,” Dilip Buildcon said in a BSE filing.

Highway developer Dilip Buildcon has said that it has bagged two EPC road projects worth about Rs 700 crore in Maharashtra from the Road Transport and Highways Ministry.

Ashoka Buildcon Ltd, one of India´s leading highway developers in the country, through its Power Division, has bagged rural electrification works worth Rs.950 crore in Bihar. The company has received Letters of Intent for the following projects from North and South Bihar Power Distribution Co. Ltd.

Currently, the demand is much less than the supply. We all have an installed capacity, but are not able to sort of utilise that fully because the demand still has to pick up locally.

M Murali, Director General, National Highways Builders Federation (NHBF) passed away on May 17, 2016. He was always at the forefront, leading the nodal agency representing highway developers

Lenders of debt-ridden infrastructure firm IVRCL have decided to convert part of their loans to the highway developer into a 51 per cent or more equity holding. T

The government has asked highway developers and banks to put their house in order or prepare for their contracts to be terminated.

While the focus is on sprucing up national and state highways, and rightly so, the government must not forget about city, district and rural roads that need to be upgraded to address the burgeoning traffic.

The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.