Road Developers

The company will launch a project in Thane with an estimated revenue potential of Rs 2,000 crore in FY2026

Revenue growth also pegged to be high on strong awarding, says study

Concretization of ground obstructs groundwater recharge, causes urban heat islands, loss of biodiversity, waterlogging, loss of carbon sequestration

This is the largest fundraise by a road developer

Wants transport ministry to extend financial closure timeline

Construction segment too may pick up in second half, but high debt still a concern

Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation

The slowdown, however, is unlikely to impact the credit profiles of the EPC players primarily because of three reasons

The country's infrastructure sector is a significant contributor to the gross non-performing assets in the banking system