The National Highways Authority of India (NHAI) plans to adopt the Uttar Pradesh model for developing expressways, which includes offering longer concession periods and land pockets for real estate development along an expressway.
Did you know that Dilip Buildcon Ltd (DBL) is currently the largest private-sector, road-focused EPC player in the country, executing projects worth over Rs 6,000 crore? What´s more, DBL is the fastest growing infrastructure development company
The change of guard at the Centre bodes well for the roads and highways sector. During its last tenure, the NDA government had built close to half of India´s national highway network that has come up in the past 32 years.
The state government, National Highways Authority of India (NHAI) and Mormugao Port Trust (MPT) recently signed a tri-partite agreement to undertake the construction of 5.2 km of the four lane road from Varunapuri to MPT.
On the heels of a new government committed to infrastructure and growth, India stands on the cusp of a transformation. Change is the only constant. And, the Indian economy is proof of this. While a year ago, the scenario looked gloomy with a sub 5-per-cent GDP
Under Nitin Gadkari´s guidance, the rural development ministry is now drawing up plans to spend Rs 3.45 lakh crore to build nearly 30 million houses for the homeless by 2022 under the National Gramin Awaas Mission.