Highways

Lower linking factor can also lower the debt-service coverage ratio that could be a challenge for operators who are highly leveraged

Rs 2 lakh crore worth of road assets up for monetisation in next 5 years, says Vertis Infra Trust CEO

InvITs have democratised infrastructure investing by offering Indian investors stable, inflation-hedged yields with strong governance, the KKR-backed roads InvIT CEO Gaurav Chandna tells Moneycontrol

Pahalgam terror attack comes at a time of mega infra push in J&K, from hospitals to highways

The Union Territory has seen investments grow from Rs 841 crore in 2017-18 to Rs 76,000 crore worth of infrastructure projects underway. J&K is building roads and highways at breakneck speed.

Edelweiss Alternatives plans to raise up to Rs 3,000 crore from roads InvIT

EAAA invests in infrastructure projects through its Yield Plus Funds, which manages assets worth close to Rs 12,000 crore

Budget keeps capital expenditure for highway ministry unchanged at Rs 2.72 lakh crore

Of the total Rs 2.72 lakh crore, the National Highways Authority of India (NHAI) has been allocated around Rs 1.87 lakh crore as part of MoRTH’s capital expenditure plan for 2025-26, a 10 percent increase from 2024-25, when it was allocated Rs 1.68 lakh crore.

Govt to roll out barrier-free tolling on all national highways, high-speed corridors by FY29: Eco Survey

The Survey added that the construction of national highways has slowed down in 2024-25. Data shows that 5,853 km of national highway was constructed during April to December in FY25, while 6,215 km of NH was constructed in FY24 during the same period.

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.

MC Exclusive: EPC firm Shivalaya Construction picks three investment banks for Rs 1,500 crore IPO

For FY23, the construction firm reported revenue of Rs 2,188 crore, up from Rs 1,439.5 crore in the previous financial year.

Govt panel evaluates 18 road infra projects proposed by road ministry

The development comes after report that the ministry is now pushing for individual road projects after its flagship scheme Bharatmala has been put on backburner

Roads ministry allocation unchanged at Rs 2.78 lakh cr in Budget 2024-25 from interim Budget, up 3% on year

The ministry completed the construction of 12,349 km of national highways in 2023-24 after constructing 10,993 km of highways in FY23, according to officials from MoRTH.

Govt says that land records in urban areas will be digitised with GIS mapping as part of Budget 2024-25

The Economic Survey for 2023-24 tabled in Parliament on July 22 had also highlighted that government still struggles with on-boarding of digital land record which leads to land acquisition delays while constructing national highways.

Govt announces phase-IV of PMGSAY will be launched to provide all weather connectivity to 25,000 rural areas in Budget 2024-25

The Economic Survey for 2023-24 tabled in Parliament on July 22 said that a total of 8,29,409 km of road length has been sanctioned under Pradhan Mantri Gram Sadak Yojana (PMGSY) out of which, 7,63,308 km of road length has been completed as on 18 th June 2024 at an expenditure of Rs 3.23 lakh crore.

Finance Minister says govt will support road connectivity projects in Bihar at a total cost of Rs 26,000 crore in Budget for 2024-25

Sitharaman also said that new airports, medical facilities and sports infrastructure projects will also be setup in Bihar.

Highway monetisation peaked at Rs 40,314 crore in 2023-24 says Economic Survey 2024

Economic Survey 2024: The average pace of national highway construction increased by 3 times from 11.7 km per day in 2013-14 to 34 km per day by 2023-24.

NHAI issues show cause notices to 11 steelmakers flagging quality issues of TMT bars

Thermo-Mechanically Treated (TMT) bars play a critical role in highway construction, providing several essential benefits that ensure the durability, safety, and longevity of road infrastructure

Actis-sponsored Nxt-Infra InvIT raises Rs 1,520 crore; Tata Investment Corp, L&T among investors

The fundraise also saw participation from various domestic institutional investors such as mutual funds, corporate treasuries and pension funds.

Canadian pension fund CPPIB, Macquarie, Cube in advanced talks to acquire NIIF’s $1.2 billion road portfolio

At an enterprise value of up to $1.2 billion, this will be the biggest roads deal in the country

Driving on the wrong side: How misplaced infrastructure priorities limit India’s economic potential

Privileging expressways over railways has economic consequences. Policy needs to re-visit current choices if we are to avoid the anomaly of high growth amidst a poor job market

Nitin Gadkari retains road ministry to remain longest serving cabinet minister under Modi govt

The new road minister will have to tackle challenges like the rising debt of NHAI, maintaining pace of road construction in the country and financing of road projects in India.

India’s highway construction slows again due to elections, delayed land approvals

"Highway construction has fallen due to a slowdown in land clearance after the Model Code of Conduct kicked in and voting began from April 19," a senior government official said.

Road construction may slow down in FY25 on lower project awards last fiscal: Rating agencies

Road construction usually sees a drop in an election year as the execution of projects is delayed during the model code of conduct and project awarding is delayed in the financial year before the Lok Sabha elections.

NHAI puts new toll rates on hold ahead of Lok Sabha elections: Report

Although, this is likely to bring some relief for commuters, it was the first time ever that a regular revision of toll hikes was put on hold during elections