New government policy now permits financial entities like venture capital and pension funds to bid for highway projects. This move aims to ...

In India, a wave of road construction projects is hitting snags, primarily due to the complexities of a hybrid annuity model. While this ha...

Get ready for an exhilarating ride on the Ganga Expressway – for free! The Uttar Pradesh government has declared a 15-day toll waiver, invi...

Private companies are shying away from four major highway projects totaling ₹22,000 crore. Concerns over contract terms, especially dispute...

The minister said that with many changes drawn from best practices from across the sectors and extensive stakeholder consultation, the Mode...

The Aayog has sought stakeholder views on the draft concession agreement.

Under the new financial model, the concession fee given by the airport operator to the concessioning authority will be based on a 'per pass...

The proposed MCA includes allowing changes in equity holding of a project so as to provide exit option to developers after six years.

A Road Ministry official said the proposal seeks to allow highway developers to exit under the clause of Substitution (Agreement) in the Mo...

Under the new norms, lenders of the project (bank, financial institution) will have a say in deciding the exit of the developer.

The surface transport ministry feels that this could be a shot in the arm for stalled highway projects since equity released from old proje...

The fine, sources say, has been imposed since the concessionaire failed to meet the deadline to start operations of the line from August 31...

Paradip Port Trust signed a concession agreement for construction of a Rs 506.3-crore iron ore terminal on build, operate and transfer basi...

In a bid to woo private investors in the port sector, the government is likely to offer equity support for public-private partnership (PPP)...

Firms undertaking construction of state highways may get loans at concessional rates for shortfall in revenue collection due to any governm...

Private ports operators may require to get security clearances for appointing foreigners on their port terminals.

After national highways, it is now the turn of state highways to get an impetus through public-private partnership (PPP).