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HIGHWAY CONCESSION AGREEMENT
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...- CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
- I Squared to pump $1 billion into power grid assetsUS firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essent...
- Niti Aayog to strengthen model concession agreement framework for multi-modal logistics parksNiti Aayog is actively working on improving frameworks for major infrastructure projects. This includes updating agreements for multi-modal...
- NHAI settles arbitration claims in Panipat-Jalandhar Highway project casesThe National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 ...
- 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...
- Concession pact revamped for multi-modal logistics parks to boost ease of doing businessThe government is developing 35 Multi Modal Logistics Parks across India. A new agreement framework will speed up their construction and di...
- NHAI-backed Raajmarg InvIT IPO opens for subscription. Check price band and other detailsRaajmarg Infra Investment Trust launched its IPO on Wednesday, aiming to raise Rs 6,000 crore by offering 60 crore units at Rs 99-100 each....
- Govt tweaks Build Operate Transfer agreement to share risks and rewards with contractors'New Delhi: The Union Minister for Road Transport and Highways, Nitin Gadkari, announced modifications to the Build Operate Transfer road pr...
- New build-own-operate road projects have equitable risk and reward sharing: Nitin GadkariThe Union Minister for Road Transport and Highways announced modifications to the BOT road project concession agreement, aiming for equitab...
- Highway developers urge NHAI to tweak BOT agreement modelRoad developers are urging the NHAI to amend model concession agreements for BOT projects, focusing on restructuring termination payments a...
- Road ministry amends model concession agreements for BOT and TOT projectsSome of the key amendments for capacity augmentation on BOT, aimed at incentivising the private sector, include construction support to the...
- Highway Infrastructure Trust inks pacts to acquire 12 road projects for Rs 9,005 cr"We look forward to integrating these assets into our portfolio and to continue our journey of high-quality asset management backed by worl...
- CDPQ, Actis vie for Ashoka Concession's BOT road assetsAshoka Buildcon holds 66% stake in Ashoka Concessions, with SBI Macquarie holding the rest. SBI Macquarie had invested Rs 800 crore in Asho...
- Ashoka concessions restarts talks to sell BOT toll road assetsAshoka Concessions, a subsidiary of Ashoka Buildcon, is in talks with global funds including Canada's CDPQ, Macquarie, Cube Highways, and I...
- Government approves Rs 1,575 crore road project in OdishaThe government today approved Rs 1,575.38-crore highway project in Odisha under its flagship highways building programme NHDP.
- Amendments to model concession agreement to boost highways sector: CrisilThe recent amendments to the MCA for awarding projects on BOT basis is likely to improve the confidence of both developers and lenders.
- Goverment working towards electronic toll collection system: Krishanpal GurjarOpposition members said the system lacked transparency and the concessionaires were minting money at the cost of people.
- Move by Gujarat, Andhra Pradesh to impose stamp duty to hit road projectsStamp duty rates vary across states, but even if a 5% duty is charged on an average, highway development costs would soar by an few hundred...
- Companies float bond issues against NHAI annuity paymentsTwo Malaysia-based contractors have floated India’s first bond issue secured against annuity payments from National Highways Authority of I...
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