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HIGHWAY SECTOR SLOWDOWN
Highway construction slows down; projected to hit 6-year low in FY26The momentum of national highway construction in India is expected to fade, with estimates predicting a fall to under 10,000 km in the upco...
Modi govt’s road dreams may take a backseat on cash flow and debt issuesHigh cost inflation for road projects, cash flow challenges for road EPC companies and elevated debt levels for NHAI mean that road awards ...
Power sector revival a priority: Finance Minister Arun JaitleyArun Jaitley said the government will now look into the issues being faced by the power sector, after having taken steps to pull the highwa...
Govt's boost to infra sector may auger well for road sector stocks: Hemindra HazariThe Budget 2015-16 had announced a significant increase in allocation to highways and roads departments, points out Hazari.
Road sector gains little from PM Modi's bid to woo investorsPM's attempts to woo investors have little impact on road sector with 9 out of 11 public-private partnership projects bid failing to genera...
Private investment in highway projects decline for the first time in seven yearsPrivate investment in highways declined for the 1st time in 7 yrs, plunging a 3rd in 2013-14 compared with all-time high of 2011-12, as per...
Highway developers complain about lack of policy support and proper framework for long-term financingHighway developers have complained about the lack of policy support, squabbles among ministries and the absence of a proper framework for l...
Environmental clearances, land issues impacting road sector: MinistryDelay in environmental clearances and land acquisition issues are proving to be bottlenecks in the smooth construction of highways: Ministr...
Economic Survey 2013: New EPC model to revitalise highways sectorAs a new initiative for promoting highway development, the mode of engineering procurement and construction (EPC) contracts is being brough...
- Road Ministry unlikely to award targeted 9,500 km projects by March
The official attributed the delays to a number of reasons including hardships in securing green clearances, problems in land acquisition an...
- Private sector shows little interest in highway bids due to economic slowdown
The situation is of further concern because government has found fewer bidders evincing interest in highway contracts.
- Private cos like GMR aggressively aquiring new road projects
While the spectre of slowdown looms on most of the economy, the roads sector is clearly cruising in the fast lane.
- RBI refuses to give highway loans priority sector tag
The Reserve Bank of India has rejected a highway ministry proposal seeking priority sector status for loans to private highway developers.
- Extensive reforms in roads a must: Deepak Parekh
HDFC Bank chairman Deepak Parekh has called for extensive reforms in the road sector, including setting up of an independent regulator and ...
We need to build 7000 km highways this yrKamal Nath set the much-talked about target of building 20-kilometers of highways per day and announced an ambitious plan to invest 1 lakh ...
- NHAI to raise Rs 3,000 cr in FY'10 to augment highways sector
The National Highways Authority of India plans to raise Rs 3,000 crore in 2009-10 through tax-free bonds to fund the road projects, an NHAI...
- NHAI relaxes rule limiting eight bids per road builder
The National Highway Authority of India (NHAI) has relaxed the norm limiting a bidder to bid for not more than eight road sector projects, ...