Value capture finance or VCF is a type of public financing that recovers some or all of the value that public infrastructure generates for private landowners
With an average speed of 29.81 km per day, the construction of national highways during 2020-2021 has been the highest ever in the last five years despite the Covid-19 crisis and months of lockdown.
Its recent experience offers crucial insights into what makes an asset monetisation exercise successful
May borrow Rs 9,000 cr this year even as it has offers of Rs 29,000 cr
At the heart of his criticism is the delay in decision making and a lack of monitoring. Some officials, however, blamed the delays on overambitious contractors
SPV to take over financial liabilities, but traffic risks remain with NHAI
Analysts expect better order flows, improving labour availability and rising construction activities to boost second half performance
The project is to be completed in 24 months and its operation period is 15 years from the COD
It has set a target of awarding 4,500 km of highway during current financial year, which it is likely to exceed
Industry executives and analysts said most of this new order activity was a spillover, and fresh project finalisation remains weak
Highways will be assessed on the basis of three criteria; highway efficiency, highway safety and user services
NHAI constitutes a panel to select an Investment Manager to initiate the InvIT process
The National Highways Authority of India (NHAI) will complete these contracts but will not award fresh projects to Chinese firms.
The government had warned against a large-scale cyber attack against individuals and businesses earlier this month
According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020
The total length of National Highways at present is abut 150,000 km, about 2 per cent of the length of all the roads, but they carry about 40 per cent of the total traffic
Executing road projects worth Rs 15 trillion in two years will be a tall order
In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner
Districts and states will not be in a position to sustain the expenditure on the stay of migrant labour so they could instead be used for construction activity
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.