The National Highway Authority of India (NHAI) is preparing a new policy that would facilitate and allow the construction companies to exit as soon as the road project is commissioned. The NHAI's move follows highway construction industry's pressing demand to allow them to disinvest from the highway projects when those are commissioned.
With increasing urbanisation, the construction sector has witnessed tremendous growth potential in India. The government is committed to attracting huge investments in infrastructure projects, from various sources including fiscal resources, private sector and multilateral financing institutions.
The Group made the headlines with the Buddh International Circuit – part of the Jaypee Green Sports City – that hosted the Formula One Indian Grand Prix in 2011. Jaiprakash Associates has established its stronghold in the engineering and construction of hydropower projects in the country, with an enviable track record of strong project implementation in different capacities.
Diversity surely reaps rich dividends, as Soma Enterprises proves with its continual growth. This acceleration in the coming years, is backed by a strong order book, which is pegged at over Rs 16,170 crore. Since its inception, the company’s turnover registered a year-on-year compounded growth of over 40 per cent ensuring a place on the winners’ podium.
Construction World Annual Awards meticulously rank India’s fastest growing construction companies, construction equipment manufacturing companies and construction material manufacturing companies on several criteria like growth, turnover and profitability.
The Union government may allow road construction companies, which have taken up highway projects, to restructure the payment of premium amount to be paid to it (the government). Hence infrastructure majors, including L&T, IRB, GVK and GMR, can expect relief in executing highway projects, which they have bagged by quoting high premium - upfront revenue to the government - a year ago.
Fastest Growing Construction Companies. An 85 per cent increase in profit from the previous year launches Marg Ltd to dizzying heights. To the further credit of the company, its EPC revenue rose a whopping 43 per cent in 2011-12 to Rs 1,440 crore.
Fastest Growing Construction Companies. A relatively fledgling company, MBL Infrastructure, has made its presence felt nationwide and its client base includes reputed organisations like National Highways Authority of India (NHAI),
Fastest Growing Construction Companies. An order book of Rs 2,300 crore as of March 2012 and a 16 per cent rise in turnover. The figures speak for themselves as RPP Infra Projects continues its upward growth, fuelled by its newly acquired public limited company status.