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1.HAM paves ahead, but cracks appear, too

Smaller developers are struggling to secure funding after bidding aggressively.


2.Norms relaxed for working capital needs of road builders

The move is aimed at completing projects stuck due to funding crunch


3.ADB signs $190 million loan for Rajasthan road upgrade

754 km of state highways and major district roads to be upgraded in the state


4.Infrastructure firms deleverage balance sheets through sale of road assets

There is, reportedly, a recent trend following infrastructure construction firms as most of them are taking steps to monetise their road assets


5. PMO recommends controlling road infrastructure financing to NHAI

Owing to the current situation that places NHAI in a hard position, the Prime Minister’s office in a letter to the Ministry of Road, Transport and Highways (MoRTH) has stated that road infrastructure is not financially viable, adding that the agency is packed with unplanned and excessive expansion of roads.


6.Build-Operate-Transfer model receives interest from road developers

Road developers have shown an interest in bidding for build-operate-transfer (BOT) tenders on the condition that the National Highway Authority of India (NHAI) floats these in accordance to high traffic expectation and viability.


7.ICRA: Maharashtra, Uttar Pradesh to drive state-led capex in road sector

It estimates state-level spend on roads to increase at CAGR of 22 per cent


8.Maharashtra Government to boost Thane-Agra connectivity

NHAI has appointed MEP Infrastructure Developers for the work under HAM


9.Is highway execution at risk in India?

800 km of highway execution estimated to be at risk this fiscal


10. ICRA maintains stable year-end outlook for construction sector

ICRA has given a stable outlook for the construction sector, in its year end assessment of the sector.  The order inflow for construction sector has been robust over the last few years, supported largely by increased government spending towards infrastructure.


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