How the highway works project pipeline looks: Infographics
The Ministry of Road Transport and Highways (MoRTH) has sanctioned 2,115 works including 62 highway works from 2015-16 to 2019-20. There are 77 total projects in the pipeline for Q4 FY2021 with a capital cost of Rs 71,891 crore. Here’s an infographic showing these allocations:
Here’s a representation of the Ministry of Road Transport and Highways sanctions for expansion and widening, entrusted to state public works departments (PWD) from 2015-16 to 2020-21:
Source: NHAI
A data by Yes Securities shows that 55 % of the highway projects currently in the tendering pipeline will be awarded on HAM basis while 35 % will be awarded on EPC mode. The data given below show this division:
Source: Yes Securities
UniAcoustic, Vicoustic Form UniVicoustic Alliance
UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..
Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces
Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..
Versigent Debuts as Independent NYSE-Listed Company
Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..
Latest Updates
