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With a floor price of 49.95 billion, the recent proposal consists of nine highway stretches that run through the states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu covering a total distance of approximately 566 km.
The Confederation of Indian Industry (CII) has called upon the government to consider brownfield asset recycling as an option for its divestment programme.
Timely monetisation of mature road assets through the toll-operate-transfer (TOT) route will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution targets set for the Bharatmala programme
The model’s low-risk nature will help kick-start private investment
Yogesh Kumar Jain, Managing Director, PNC Infratech, shares more on the success of the roads sector and why will it continue to be a focus area for the company with SHRIYAL SETHUMADHAVAN.
While the NHAI borrowing programme is on track, the budgetary allocation in the last two budgets was lower than required thereby necessitating dependence on other funding avenues, says rating agency ICRA.
Industry experts share recommendations to curb the challenges in funding.
Knight Frank India has launched the 10th edition of its flagship half-yearly report – India Real Estate. The report presents a comprehensive analysis of the residential (across eight cities) and office (across seven cities) market performance for the period July-December 2018 (H2 2018).
According to rating firm ICRA outlook for the road sector, while the engineering, procurement and construction (EPC) project executions may witness a temporary slowdown during the general elections; the build-operate-transfer (BOT) and hybrid annuity model (HAM) projects executions are expected to continue unabated.
China and Myanmar is planning to develop a multi-billion dollar deep sea port in Kyaukpyu on the coast of Bay of Bengal.
