Hybrid Annuity

The key change of linking interest rate on HAM projects to the average MCLR of the top five scheduled commercial banks is a big positive

15 stalled road projects eligible for one time funds: NHAI

The Cabinet Committee on Economic Affairs Wednesday had said stalled projects where 50 percent of the work was completed by November 2014 would be eligible for one time financial assistance for completion.

To award 5400 km road projects in FY16: NHAI's Chandra

Chandra expects a better response from private sector players now that the Environment Ministry has liberalized grant of forest clearances.

Goal to lay 20,000 km of roads in 2 years: Transport Secy

The Roads Ministry plans to award Rs 8500 crore of projects this year, 13 of them under the hybrid annuity project model proposed last week.