Capital Infra Trust to distribute Rs 436 cr to unitholders in FY26Capital Infra Trust declared a total distribution of Rs 436 crore to unitholders for the last fiscal, including Rs 117.97 crore for the fou...
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
Road InvITs AUM to grow 30 pc this fiscal, led by asset monetisation surge: ReportRoad InvlTs assets will grow 30 percent this fiscal year, leading to an impressive Rs3.9 lakh crore in assets managed by March 2027. The gr...
Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
Road projects under hybrid annuity model have stable credit risk despite execution delays: CrisilIn India, a wave of road construction projects is hitting snags, primarily due to the complexities of a hybrid annuity model. While this ha...
Chelsea's American project at breaking point as beleaguered team heads into FA Cup semisChelsea's American ownership faces a crisis. Poor results, including a Champions League exit and a five-game losing streak, have led to fan...
More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
Bihar to develop three major Ganga river road projects worth Rs 17,000 crBihar is launching three major Rs 17,000 crore road projects along the Ganga river under the Hybrid Annuity Model to enhance connectivity, ...
India’s national highway authority to bid out 124 road projects worth ₹3.4 lakh crore in FY26India's National Highways Authority of India (NHAI) plans to auction 124 highway and expressway projects worth Rs 3.4 lakh crore in 2025-26...
IRB InvIT Fund to acquire Vadodara Kim expressway project at equity value of Rs 342 crAccording to IRB InvIT Fund, after the acquisition is completed, the InvIT will have six operational and revenue generating assets in its p...
Austria Development Bank lends 13mn euros for Namami Gange project in BengalAustrian Development Bank OeEB has lent 13 million euros for a sewerage treatment project in West Bengal, an official said on Thursday. Oes...
Construction cos prefer pure EPC jobs to annuity projectsThe key reason for this shift is the inability to secure financial closure for existing HAM projects.
Banks not too keen on funding HAM projects as NPAs swellAlso, high debt, weak traffic and slow pace of execution meant that it would take a long time for these players to repay the debt to banks....
Maharashtra changes funding model to spur road constructionLast week, the Maharashtra cabinet cleared a move to construct around 10,000 km of roads under a revamped HAM model.
Four infrastructure companies bid for Rs 700 crore Meerut-Bulandshahr highway projectThe Hybrid Annuity Model (HAM) is a mix of engineering, procurement and construction and build-operate-transfer formats.