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  • KKR to acquire 7 highways assets from Global Infrastructure Partners Jul 05, 2021 01:24 PM IST

    KKR to acquire 7 highways assets from Global Infrastructure Partners

    KKR’s investment was done through its KKR Asia Pacific Infrastructure Fund and is the company’s third infusion in India and first in Asia’s transport sector.

  • Higher competition in road projects could lead to working capital stress: ICRA Jun 22, 2021 03:35 PM IST

    Higher competition in road projects could lead to working capital stress: ICRA

    The number of bidders has surpassed 40 participants (of which qualified were 30) for some of the EPC projects and 10-15 participants (around 5-10 earlier) for HAM projects, Icra’s Rajeshwar Burla said in a report.

  • NHAI to delay InvIT launch till road traffic is restored to pre-COVID-19, second wave levels Jun 08, 2021 08:00 PM IST

    NHAI to delay InvIT launch till road traffic is restored to pre-COVID-19, second wave levels

    Fall in toll collection due to the outbreak of the second wave and lockdowns being imposed by different states across the country have caused the company to defer decision; other asset monetization plans also put on hold

  • NHAI plans to launch first tranche of InvIT by end of May: Officials May 18, 2021 02:10 PM IST

    NHAI plans to launch first tranche of InvIT by end of May: Officials

    NHAI has also decided to keep its InvIT IPO open only for institutional investors. It plans to raise ₹5,100 crore through a fresh issue, as per the draft papers filed with SEBI. In addition, there would be an offer for sale, say sources.

  • Minister Nitin Gadkari invites US companies to invest in India's road sector, assures handsome returns Apr 30, 2021 09:00 PM IST

    Minister Nitin Gadkari invites US companies to invest in India's road sector, assures handsome returns

    Gadkari said he was confident that companies would get at least twice the return in India as compared to investing in the US.

  • Explained | How the resurgence of COVID-19 will hit the government's asset monetisation plans for road and aviation Apr 26, 2021 02:44 PM IST

    Explained | How the resurgence of COVID-19 will hit the government's asset monetisation plans for road and aviation

    A fall in the speed of construction, work-from-home and lockdown restrictions is expected to hit valuations and market interest, attributable to a drop in the utilization of highways and airways

  • Road, highways development: A ticket for India’s speedy recovery Apr 05, 2021 08:51 AM IST

    Road, highways development: A ticket for India’s speedy recovery

    Apart from completing additional 60,000 km of National Highways, there is a focus on a more integrated approach for entire logistics and infrastructure ecosystem development

  • Over 4 crore old vehicles on Indian roads, Karnataka tops list at 70 lakh Mar 28, 2021 10:40 AM IST

    Over 4 crore old vehicles on Indian roads, Karnataka tops list at 70 lakh

    The Ministry of Road Transport and Highways has digitised the data of such vehicles throughout the country, excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep as their records were not available.

  • Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation Nov 05, 2020 10:19 AM IST

    Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation

    Instead of a separate urban employment programme, the government believes that its limited resources, due to the impact of COVID-19 on the economy, are better spent on infrastructure outlay.

  • Highway ministry releases over Rs 10,000 crore to developers for expediting work Sep 09, 2020 08:08 PM IST

    Highway ministry releases over Rs 10,000 crore to developers for expediting work

    The government said it has extended a number of relief packages for its contractors and concessionaires owing to COVID-19 scenario.

  • Cube Highways signs Rs 3,500 crore loan agreement with SBI to buy NHAI toll roads: Report Sep 09, 2020 11:22 AM IST

    Cube Highways signs Rs 3,500 crore loan agreement with SBI to buy NHAI toll roads: Report

    This comes after the company won the Rs 5,011 crore worth TOT3 bundle in December 2019

  • NHAI to rate roads from October, make ratings publicly available Jul 13, 2020 10:04 AM IST

    NHAI to rate roads from October, make ratings publicly available

    This includes all 570 stretches of national highways given a rating on a scale of 0 to 100

  • Maharashtra govt sanctions Rs 152cr for roads in Aurangabad Feb 20, 2020 09:59 AM IST

    Maharashtra govt sanctions Rs 152cr for roads in Aurangabad

    During a meeting chaired by Chief Minister Uddhav Thackeray in Mumbai on Wednesday, the Aurangabad Municipal Corporation informed the government about road and other projects worth Rs 263 crore proposed in the city located in Marathwada region.

  • Budget 2020 | FM Nirmala Sitharaman allocates Rs 1.7 lakh crore for transport infrastructure Feb 01, 2020 09:32 PM IST

    Budget 2020 | FM Nirmala Sitharaman allocates Rs 1.7 lakh crore for transport infrastructure

    The budgetary allocation for road transport and highways has been raised to Rs. 91823.22 crore in FY 2021.

  • Economic Survey 2020 | Road construction slows down to 12 km per day in first half of 2019-20 Jan 31, 2020 07:18 PM IST

    Economic Survey 2020 | Road construction slows down to 12 km per day in first half of 2019-20

    While road construction has been on a steady rise from 17 km per day in 2015-16 to 29.6 km per day in 2018-19, the sector has witnessed a slowdown in the first half of 2019-20.

  • Cashing in on road assets Jan 10, 2020 09:00 AM IST

    Cashing in on road assets

    Durable policy and robust financing model must for toll projects to succeed

  • Reporter's Take | What changed for roads and transport in 2019 Dec 31, 2019 06:45 PM IST

    Reporter's Take | What changed for roads and transport in 2019

    Moneycontrol's Sakshi Batra talks to Pramiti Lonkar to find out all the changes brought about to the roads and transport sector in 2019.

  • Nitin Gadkari directs NHAI to ensure smooth implementation of FASTags Nov 20, 2019 06:45 PM IST

    Nitin Gadkari directs NHAI to ensure smooth implementation of FASTags

    Gadkari emphasised that the project should be implemented with the idea of minimising waiting period at the toll plazas.

  • Indian Oil aims at plastic neutrality, uses single-use plastic waste to build road Oct 02, 2019 02:49 PM IST

    Indian Oil aims at plastic neutrality, uses single-use plastic waste to build road

    The road laid out has the maximum percentage of waste plastic used for paving bituminous roads in India

  • NHAI explores financing, plans to raise Rs 85,000 crore from asset monetisation: Report Sep 06, 2019 01:43 PM IST

    NHAI explores financing, plans to raise Rs 85,000 crore from asset monetisation: Report

    Gadkari indicated that asset monetisation would provide most of the funds in the future.

  • Draft framework to declare state roads as NH ready, to be implemented soon Aug 22, 2019 02:39 PM IST

    Draft framework to declare state roads as NH ready, to be implemented soon

    To ease the process of declaring state roads as NHs, a committee headed by Cabinet Secretary PK Sinha was set up to finalise the new framework.

  • Singapore's GIC to invest up to Rs 4,400 cr in IRB Infra Aug 06, 2019 07:00 PM IST

    Singapore's GIC to invest up to Rs 4,400 cr in IRB Infra

    The deal was approved by the board following which IRB has signed binding definitive agreements with GIC for a total investment of up to Rs 4,400 crore, including the funding of future construction costs.

  • NHAI to prioritise Bharatmala projects that are ripe for monetisation: Report Aug 05, 2019 03:15 PM IST

    NHAI to prioritise Bharatmala projects that are ripe for monetisation: Report

    Projects which would give higher yields due to traffic density and demand would be fast-tracked with an aim to ‘recycle assets faster’

  • Land acquisition major hurdle in road construction, says Nitin Gadkari Jun 24, 2019 03:55 PM IST

    Land acquisition major hurdle in road construction, says Nitin Gadkari

    He said the main problem in delay of projects was land acquisition as the cost was very high in some states, but claimed his ministry had saved NPAs worth 3 lakh crore during the past five years through early implementation.

  • Budget Snapshots | Government’s road-building machinery needs to get going Jun 24, 2019 08:52 AM IST

    Budget Snapshots | Government’s road-building machinery needs to get going

    The NDA 2.0 government would like to speed up road construction projects but there are roadblocks in its way

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