The road transport and highways authority is looking to either rebid for or acquire incomplete national highway projects being undertaken by the debt-ridden Infrastructure Leasing and Finance Corporation (IL&FS).
Infrastructure sector in India is crumbling, even new models proving unviable; here is key to revival
Infra sector is crumbling as project delays, cost overruns and financing woes mount. Even new models like hybrid-annuity are proving to be unviable. Private sector investment is the key to revival, but the return of private capital may be delayed
Times of India reported that Dwarka Expressway, a project caught in an unending loop of delays for the best part of the last decade, frustrating thousands of homebuyers who invested in Gurgaon’s new sectors,
Gayatri Projects Ltd on Wednesday said it has bagged a Rs 1,312.00 crore road project in Maharashtra. In a BSE filing Gayatri Projects said, the order is for construction of access controlled Nagpur-Mumbai super communication expressway
Russian Direct Investment Fund or commonly known as RDIF – Russia’s sovereign wealth fund (with reserved capital of $10 billion) has been increasing its footprints in India steadily eyeing to boost infrastructure funding.
New capex announcements declined for the second time in a row in the just-ended September quarter, suggesting that the animal spirits of Indian industrialists have been subdued by domestic and global headwinds.
For sake of industry, job creation, Nitin Gadkari says expecting support for road projects from banks
If funding to the road developers slows down further, the Union government is likely to bid out more projects through engineering, procurement and construction (EPC) route instead of the hybrid annuity model that is being used at present.
NHAI Chairman, Eight Others Face Murder Charge For Death Of 18 Persons On Palakkad-Thrissur National Highway
A Thrissur district police station – Peechi – in Kerala has filed a case of murder against National Highway of India (NHAI) Chairman Yadvir Singh Malik and eight others for the death of 18 persons on the Palakkad-Thrissur section of National Highway 544 in the last one year.
India’s Infra Push Now Internationally Acclaimed: Nine Projects Shortlisted For Bentley’s Awards 2018
Bentley Systems which is a leading global provider of software solutions for infrastructure projects has shortlisted nine Indian infrastructure projects for its Year in Infrastructure 2018 Awards.
National Highways Authority of India owes only Rs 425 crore to the embattled Infrastructure Leasing & Financial Services and the Mumbai-based infrastructure lender and developer has raised claims for about Rs 4,000 crore