Bot Projects

NHAI plans to further reduce debt by around Rs 20,000 crore by March-end

So far in 2024-25, a significant portion of MoRTH's capital expenditure has gone to help NHAI refinance its debt levels. The NHAI has used around Rs 40,000 crore of the highway ministry's budgetary allocation to repay loans.

Govt likely to hike highway budget by 5-6% in FY26 after subdued performance in FY25, so far

A combination of slower project execution, fall in project awarding and under utilisation of the funds allocated to the MoRTH coupled with the government looking to increase private capital expenditure in the highway sector is expected to led to a nominal hike in GBS to the ministry in the next financial year, multiple government officials said.

Govt to fall short on FY23 target despite revving up highway construction during Jan-Feb

Collectively 8,064 km of national highways have been constructed in 2022-23 till February, which makes it nearly impossible for the government to meet its target of 12,000 km by the end of March.

NHAI plans to award 1,000-1,500 km of projects under BOT model in 2023-24

In the current financial year, NHAI had initially planned to award 600-1,000 km highway stretches through the BOT model and managed to award projects of around 650 km, an NHAI official said.

NHAI plans to bid out more public private partnership projects through BOT route: Sources

In the current financial year, NHAI had initially planned to award 450 km of road projects through the BOT model but is likely to exceed its set target, one company official said, with 15-20 percent of total projects being under this mode in 2022-23.

IRB achieves financial closure for Agra-Etawah road project

Toll road firm IRB Infrastructure said it has achieved financial closure for its Agra-Etawah project by tying up project finance of Rs 1,650 crore

Expect bidding worth Rs 15K cr in September: Sadbhav Engnn

Construction major Sadbhav Engineering reported a 46 percent growth in its net profit at Rs 39.5 crore for Q1.

Construction: Prefer IRB Infra, NCC says Kotak Securities

Kotak Securities has come out with its construction sector review post Q3FY15. According to the research firm, IRB Infrastructure and NCC are the preferred picks from the space.

Will bid for EPC, BOT projs worth Rs 25k cr:Ashoka Buildcon

In an interview to CNBC-TV18, Paresh Mehta, chief financial officer, Ashoka Buildcon shares his views on the company‘s Q3 numbers and his outlook for the upcoming quarters.

Expect bottomline at around Rs 70-80 cr in FY15: NCC

Encouraged by its recent margin improvement, YD Murthy of NCC looks to expand margins soon.

FY14 sales to grow 25%; 5% margin dip seen: Ashoka Buildcon

The company had to handover one of the project back to government during the quarter leading to fall in revenue, says Satish Parakh, MD, Ashoka Buildcon.

IRB acquires 74% of MVR Infrastructure & Tollways

IRB Infrastructure Developers Ltd., a leading Highway Infrastructure Developer, has completed the process of acquisition of 74% holding of MVR Infrastructure & Tollways Private Ltd and thereby MVR Infra has now become a subsidiary of IRB from October 2012.

Indian road sector: Performance review for Q3FY12 by ICRA

ICRA has come out with its report on Indian road sector. As per the research firm the slowdown in a few segments of the construction industry like irrigation and power, and the entry of new players has had the effect of raising the competitive intensity in the road sector.

Is the construction sector another brick in the wall?

ICRA has come out with its report on Indian construction sector. As per the research firm the companies with a favourable capital structure; moving order book; relatively low working capital intensity and low commitments toward equity contribution in BOT projects would be better placed to manage the risks that characterise the current environment.