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Road safety is a moral and public health priority. Urgent government action and citizen responsibility are vital to prevent avoidable tragedies and ensure safer roads
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The nodal agency for highways is targeting a list of 124 projects at a cost of Rs 3.5 trillion in FY2026
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Share of listed players falls to 24 percent now from about 61 percent in FY2016-18
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KKR has a 71.66 percent stake followed by Ontario Teachers’ Pension Plan, which holds 24.99 percent in the roads infrastructure investment trust
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If the entire portfolio of nine roads is sold, it will be the biggest such deal in India, exceeding KKR’s acquisition of 13 roads from PNC Infratech for Rs 9,000 crore
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In May, IRB InvIT Fund entered into a non-binding offer with and IRB Infrastructure Trust for the transfer of its three highway assets for an aggregate enterprise value of around Rs 8,450 crore
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Faced with borrowing restrictions, the National Highways Authority of India (NHAI) is tapping into a bold new funding strategy—monetising its highway assets through Infrastructure Investment Trusts (InvITs). This move aims to reduce debt and invite the Indian public to invest directly in the nation's road infrastructure
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While states like Andhra Pradesh, Rajasthan, Bihar, Jharkhand, Madhya Pradesh, Himachal Pradesh, West Bengal, among others, have largely relied on loans from the Centre to spend on infrastructure, the finance ministry is particularly concerned about the impact of capex assistance on the debt levels of smaller states.
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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
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Former Infosys CFO Mohan Das Pai shared a video on X showing citizens holding placards and protesting on a pothole-ridden road as motorists struggled to drive by.
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Cube InvIT is one of the biggest infrastructure investment trusts in the country, holding a group of 25 road assets with an aggregate length of 1,940 kms spread across 12 states
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The funds will be utilized for meeting the financing needs for the acquisition of TOT Bundle 16 from the National Highway Authority of India (NHAI) and a portfolio of 12 road assets from PNC Infratech.
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While, the capital expenditure target for the current financial year was reduced to Rs 10.18 lakh crore from Rs 11.11 lakh crore earlier, the Budget for 2025-26 pegged it at Rs 11.21 lakh crore, almost flat on-year versus the initial aim.
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This move is part of the government’s efforts to reduce the highway developer’s debt. NHAI’s debt stood at Rs 3.44 lakh crore at the end of January 2022, against Rs 24,188 crore in 2014-15, a 14-fold rise in less than seven years
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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.
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The government’s capital outlay for the road sector is likely to increase by 8-10 percent in FY2026 budgeted expenditure, which is likely to support the improvement in road execution
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The capital will be used to fund the acquisition of two major road portfolios worth more than Rs 15,000 crore (around $1.76 billion)
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Many citizens pointed out that the Detailed Project Report (DPR) for the tunnel road, which includes an analysis of traffic volumes at major junctions in Bengaluru, incorrectly mentions cities from Maharashtra, allegedly due to a copy-paste job.
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KKR is the sponsor of the Highway Infrastructure Trust, while OTPP is its second biggest shareholder
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For FY23, the construction firm reported revenue of Rs 2,188 crore, up from Rs 1,439.5 crore in the previous financial year.
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Traffic volumes are linked to activity in mining, manufacturing and construction, which were not encouraging in the first six months of FY2025
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Power sector's share was highest in Q2FY2025's project awards due to increased demand for power in the last few years
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The Electronics City Industrial Township Authority uses Road Metrics, an AI tool, to scan the roads for defects every fortnight. This data allows them to fix problems quickly.
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Adani Enterprises on October 9 launched its QIP to raise as much as $500 million. The company may raise more funds using a green shoe option depending on investor demand.
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Interise InvIT holds 17 road projects, with 7,300 lane km, spread across eight states in India
