Adani Group’s focus to maintain and execute existing highway projects

02 Mar 2023 CW Team

Adani Enterprises will wait till the present volatility around its share price, caused by a report by US- based short seller Hindenburg Research, calms before making further investments in new road projects. The troubled conglomerate would prioritise finishing current initiatives, such as the Ganga Expressway, before making any new capital investments.

With more than Rs 410 billion of projects under management and at least 5000 km of lanes being maintained and built, Adani's road transportation business includes at least eight hybrid annuity mode (HAM) projects, five build-own-transfer (BOT) projects, and one toll-operate-transfer (TOT) project across ten states in the nation. The group had aspirations to become a major force in road transportation.

Adani Road Transport, a wholly owned subsidiary of the ports-to-power infrastructure juggernaut, would also not submit a proposal for the next eleventh and twelfth bundles of the NHAI's TOT projects as part of its new strategy for the highway sector. It has taken part in earlier TOT bids and even won a few of them. The TOT concept was created to promote private investment in the roads industry.

The TOT approach allows the concessionaire to operate and toll the project stretch for the predetermined 30-year concession period by paying a one-time concession charge upfront (lump amount). Highway EPC and BOT (Annuity) projects that have been finished at least two years after the completion date are covered by this model.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..