Last Updated: Thursday, September 3, 2015, 11:20
IRB Infrastructure Developers on Thursday said it has executed concession agreement with NHAI for Rs 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh.
Last Updated: Monday, August 31, 2015, 14:48
Easy exit options for completed road projects will release Rs 4,000 crore to developers, which can be ploughed back in infrastructure projects or used to retire debt, India Ratings and Research (Ind-Ra) said on Monday.
Last Updated: Wednesday, August 26, 2015, 22:47
The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.
Last Updated: Sunday, June 14, 2015, 12:32
The National Highways and Infrastructure Development Corporation (NHIDCL) will also be laying out 1,500 km of highways in various states under Modi government's ambitious Bharat Mala project.
Last Updated: Monday, June 1, 2015, 14:55
"Company will lead the joint venture with 51 percent participation share," it said.
Last Updated: Saturday, May 2, 2015, 17:51
Currently, Rs 31,025 crore worth of roads running into over 3,700 km are under development, which are being constructed by 10 players through 104 projects.
Last Updated: Wednesday, April 22, 2015, 16:16
The government plans to sell highways projects worth Rs 1 lakh crore to foreign pension and insurance funds to attract overseas investments into the sector, Union Minister Nitin Gadkari said on Wednesday.
Last Updated: Thursday, March 19, 2015, 18:30
Delays in acquisition of land for construction of highways has hit projects even as government has acquired over 31,000 hectares for building roads in the last three years, Parliament was informed Thursday.
Last Updated: Tuesday, March 17, 2015, 17:49
IRB Infrastructure Developers on Tuesday said it has tied up finances of Rs 1,756 crore to fund a project with a total cost of Rs 3,177 crore.
Last Updated: Saturday, February 28, 2015, 22:39
Finance Minister Arun Jaitley Saturday rejigged excise duty on petrol and diesel to make available an additional Rs 40,000 crore for road and highway development.
Last Updated: Tuesday, December 9, 2014, 19:08
Construction work in 12 road projects, which were awarded in FY 2014, has started, indicating a proactive government and faster approvals by the implementing agencies, a study by Crisil Research said.
Last Updated: Wednesday, January 8, 2014, 17:36
The CCEA is expected to clear about 12 road projects, entailing investments of over Rs 6,000 crore, over the next few weeks.
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