Order book of 50 road companies may touch Rs 1 lakh crore this fiscal: Crisil

Order book of 50 road companies may touch Rs 1 lakh crore this fiscal: Crisil

Driven by government spending, the order book of 50 companies constructing highways in EPC mode may touch Rs 1 lakh crore and their topline is set for 15 per cent growth this fiscal, rating agency Crisil has said.

Driven by the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), over 80 per cent of the highway projects in the past three years have been bid out under the hybrid or engineering, procurement, construction (EPC) model, Crisil said in a statement. Read More…

 

 

Credit By: The Economic Times

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