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
Risk-averse bankers are slowing construction of infrastructure projects in India, Nitin Gadkari, the country’s minister for road transport and highways, said.
Atal Bihari Vajpayee, our beloved former prime minister, changed the narrative of infrastructure development in India by envisioning a future, which had no correlation to the past and present.
Risk-averse bankers are slowing construction of infrastructure projects in India, Nitin Gadkari, minister for road transport and highways, said. Loans to road contractors and bank guarantees for projects have dried up,
Revival of PPP model and alternative funding for infra projects future of infrastructure development
Revival of PPP model and alternative funding, like InvITs and credit enhancements, after the exit of PSU banks from infrastructure lending, are the way forward for infrastructure development of the country.
The National Thermal Power Corporation underpasswill open to vehicular traffic in a month’s time, Noida Authority CEO Alok Tandon said on Friday. Work on the underpass, located at the crossing of Sectors 25A, 24,
With a view to providing fillip to the developmental activities across the State, the State Administrative Council (SAC) which met here today under the chairmanship of the Governor, Satya Pal Malik approved an amount of Rs 8000 crores
As part of the measures to improve the road safety and thereby reduce the fatalities, the Tamil Nadu government has decided to install advanced CCTV cameras to monitor the vehicles on the highly congested State and National Highway roads across the state
National Highways Authority of India, the apex body for developing the nation’s roads, awarded contracts for 7,400 km in the year ended March 2018. That’s a more than six-fold increase from the 1,116 km of road contracts awarded five years ago.
After missing a number of deadlines, work on the 5.5-km-long elevated corridor from Subhash Chowk to Badshahpur on Sohna Road is all set to begin on September 21, Haryana PWD minister Rao Narbir Singh announced on Monday.