Road Construction

Chart of the Day: On a slippery road

Road construction has slowed down in the past two years. While the reasons are known, whether they will continue to hold back growth is the key question

Road construction projects worth Rs 70k cr underway in Delhi, nearby areas: Gadkari

Gadkari said his ministry is using waste from landfills in Delhi in the construction of roads.

Centre spends 99% of capex target at Rs 9.48 lakh cr in FY24

After briefly getting affected due to heavy monsoon in the country in July and August last year, execution of formation work gathered pace in September

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.

Chart of the Day: Road sector hits a speed bump

Contracts awarded for roads this fiscal year have seen a big decrease, but execution has remained strong, thanks to order backlogs

National highway construction slows to 20.23 km a day in H1

The road-building target has been missed in the past two years and the same is expected this year as the general elections approach

HG Infra Engineering: Robust growth play, diversification set up pitch for rerating

More order wins, monetisation of assets to create liquidity buffer and improved execution will help this construction major

BRO constructed 3,097 km of roads in Arunachal Pradesh in last five years: Govt

India has been bolstering the infrastructure along the Line of Actual Control (LAC) since the eastern Ladakh standoff in 2020.

Tata Steel supplies 1,200-tonne slag to BRO for road construction in Arunachal

BRO is a premier organisation constructing and maintaining infrastructure in the most challenging terrain of India.

NHAI’s second InvIT to be delayed due to volatile markets

Already deferred due to the third wave of the pandemic, uncertainties arising from the Russia-Ukraine conflict have forced a further postponement.

Is 70 km per day highway construction too much of a stretch for the road ministry?

Such targets can be met only if an average of 70 km of highways are constructed every day all through 2022-23. While this will provide strong visibility of the order book of construction companies, the pace of project execution was still a cause for concern in the sector, analysts said.

Cabinet decisions: Govt allocates Rs 33,822 crore for building roads, mobile towers across 44 aspirational tribal districts

The government has targeted building 1.4 lakh km of roads in tribal districts and areas affected by left-wing extremism. Also, 4G-enabled mobile phone towers will be set up across 44 districts in 5 states.

NHAI InvIT finally launches InvIT; CPPIB and Ontario Teachers' Pension Plan bag 25 percent stake each

The InvIT was launched on October 29 and closed on November 2, the company said, adding that Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board have emerged as the anchor investors and will hold 25 percent stake each in the InvIT.

NHAI awaiting liberalised insurance, pension fund investment norms to start InvIT: Sources

The launch of the investment trust has already been delayed by the pandemic, but NHAI is keen to get long-term investors on board.

Strategic Z-Morh and Zojila tunnels in Kashmir to be completed ahead of schedule say NHIDCL officials

While the 6.5-km Z-Morh tunnel is expected to be completed by next year, ahead of the target date of December 2023, the 14.15 km Zojila tunnel is also scheduled to be completed ahead of the target date of 2026, NHIDCL officials said.

Highway revenue rises in FY21 despite COVID as electronic collection surges: Govt

Highways minister Gadkari says mandatory use of FASTag for cashless toll collection has helped revenue increase to Rs 340 billion a year, and is likely to rise to Rs 1.34 trillion in three to four years.

Find alternatives, punish cartel pushing steel, cement prices: Nitin Gadkari to Indian Road Congress

The contractors, government agencies and the poor are being adversely affected due to the exorbitant rise in steel and cement prices, said Nitin Gadkari.

Govt’s infra push to benefit construction sector first and capital goods later

Companies such as Dilip Buildcon and KNR Constructions see sizeable order inflows while capital goods companies expect a more gradual recovery

Budget 2021: Infrastructure gets much-needed push, execution key

Allocations for infrastructure exceeds the Street's estimates. Roads, railways, urban infrastructure have got the lion's share of allocation in the Budget 2021-22

Confident we'll get enough funds as per National Infrastructure Pipeline target: Road ministry secretary Giridhar Aramane

In an interview with Moneycontrol, Giridhar Aramane said the Road Ministry may spend more than the allocated amount, adding that the 11,000 km target will generate employment on a large scale.