India Road Builders

NHAI plans to offer 15 projects worth Rs 44,000 cr under BOT mode in FY25

State-owned NHAI is looking to offer 15 road projects worth Rs 44,000 crore covering 937 km during the current financial year under the Build-Operate-Transfer (BOT) mode. Earlier this year, Ministry of Road Transport and Highways (MoRTH) came out with a modified BOT project document to attract private companies for investments in the highways sector. These stretches include Guwahati Ring road including Brahmaputra Bridge in Assam (project cost Rs 5,500 crore), Kasarwadi-Rajgurunagar in Maharashtra (Rs 5,954 crore), Pune-Shirur road project in Maharashtra ( Rs 6,170 crore) and Armoor-Mancherial road project in Telangana (Rs 3,175 crore), among others. In BOT projects, private investors take the financing, building and operating a highway project over a concession period of 20-30 years. The developer then recoups investment through user charges or tolls. The changes in BOT projects introduced earlier this year include construction support to concessionaires to complete them on time a

Road EPC firms' order book shrinks as highway tendering hits slow lane

The lack of orders is neither causing worry over credit-worthiness nor dampening enthusiasm

TMS Ep378: Vedanta, airline pilots, road-infra players, index rebalancing

Can high leverage spell trouble for Vedanta? Does India have enough pilots for its expanding fleet? Will strong order book give road-infra cos a fillip? What is index rebalancing? All answers here

Canada pension fund's Indian arm acquires Peripheral Expressway

Deal for Rs 6,267 cr is the largest road acquisition under government's asset monetisation programme this year

Bharat Highways InvIT to raise Rs 3,000-crore through rupee-term loans

To retire debt of seven road projects that it will acquire

PotHoleRaja: How one start-up is fixing roads the eco-friendly way

PotHoleRaja has grown from small pothole-fixing drives to a dedicated network of volunteers and is working today with some of the biggest corporations and organisations in the country to build roads

Investors place bets on roadbuilders in hope of boost in infra spending

Sitharaman outlined $1.5 trillion in infrastructure investment last month, of which federal and state govts will contribute at least 75%

PM Modi gives weaker road builders a path to sell more bonds in FY18

Modi's govt is seeking greater participation from private companies in expanding the nation's road network