Page 4 - Road Construction

Centre relaxes payment mechanism for govt-funded highway contracts

Contractors to be given funds every month

Lockdown gives time for highway repairs before monsoon rains begin

Road construction to pick up after restrictions on travel and business are eased, say analysts.

Lockdown hinders construction of road to Chhattisgarh's Maoist hot spot

Security forces had taken up the 35-km road project on a war footing, at least three CRPF camps had been set up on the stretch to create a security blanket for workers engaged in its construction

Roads plus health care

Build highways, but don't ignore medical infrastructure

Pension funds, PE may invest in renewable projects, roads after lockdown

Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.

Grand announcements

Executing road projects worth Rs 15 trillion in two years will be a tall order

Vehicle scrap policy soon; roads building worth Rs 15 trn in 2 yrs: Gadkari

The much-awaited vehicle scrappage policy is awaiting final clearance from the Union Cabinet

Gadkari sets road construction target for next two years at Rs 15 trillion

Directs officers to finalise auto scrapping policy quickly

NHAI to lean on private firms mostly for highways construction in FY21

NHAI targets to build 4,500-km highways in current fiscal year

Lockdown will dent road contractors' sales, margins: CRISIL SME Tracker

Construction was gathering pace after a protracted monsoon when the pandemic halted all activity

Road construction relaxation not enough to buy related stocks, say analysts

The relaxation will not help many of the listed players and it will be a while before activity begins for them. There coud be labour-related issues.

Industrial activities that may be allowed during the lockdown

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

Pace of road construction less than half that of 2018-19: Economic Survey

Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal

Reliance launches new road project to counter pushback against plastics

India, which uses about 14 million tonnes of plastic annually, lacks an organized system for management of plastic waste, leading to widespread littering

Changes in BOT road contracts may not jumpstart private investment

Changed bidding and contractual guidelines for build-operate-transfer (BOT) road contracts are being finalised but big construction companies might, it is believed by observers, not be in a hurry to return to this segment.As for smaller players, they are occupied with hybrid annuity projects. The decisive factors in attracting private investment will be the stretches offered for bidding and projected traffic density.The new draft norms have been brought in to encourage private participation in BOT. Large highway developers (L&T, Hindustan Construction) had started avoiding these contracts, over delayed return on investment, rigid concessionaire agreements and legal disputes with governments.According to the draft Model Concessionaire Agreement, the National Highways Authority of India (NHAI) and the concessionaire would agree that in a financial default, the lender or banks can invite, negotiate and procure offers, either by private negotiations or public auction or tenders, for ..

Green shoots in infra: Road builders' credit demand switches to fast lane

The first of a three-part series on credit pick-up looks at the road construction sector, which seems to be recovering

NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

How Purvideen Khera got its road

Who'd have imagined that a bunch of poor, illiterate women in a slum would be able to achieve this?

Jammu and Kashmir completes 11,400 km road length under PMGSY in 2019

This includes 1,161 km for the current financial year against the total sanctioned road length of 19,700 km

Nitin Gadkari's scores in highways test but road safety is still an issue

Compared to the tenure of three road ministers in the second term of UPA government- Oscar Fernandes, CP Joshi and Kamal Nath - Gadkari's report card reads a shade better