Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,840.45-73.0
Stock Analysis, IPO, Mutual Funds, Bonds & More
Just 3 companies show up for NHAI's toll-operate-transfer-3 auctions

NHAI had in June this year invited bids for the third bundle of toll-operate-transfer auctions, looking to raise a minimum of Rs 4,995 crore. While the names of the companies that have submitted bids due on Monday are not yet known, officials said leading infrastructure players such as Adani, Cube Highways, IRB Infrastructure and L&T could be among the bidders.

Government's go-ahead for 4 medical device parks

The four parks will be set up in Andhra Pradesh, Telangana, Tamil Nadu and Kerala, sources said, adding that Uttarakhand and Gujarat have also approached the Centre for a go-ahead for such parks. These parks will provide necessary infrastructure, where companies can easily plug and play, sources said.

355 infra projects show cost overruns of Rs 3.88 lakh crore

As many as 355 projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.88 lakh crore owing to delays and other reasons. Out of 552 delayed projects, 187 projects have overall delay in the range of 1 to 12 months, 121 projects 13 to 24 months and 112 show delay of 61 months and above.

How India plans to use Bangladesh's rivers to unlock its landlocked Northeast?

​​India’s northeast is a prisoner of geography. Landlocked and ring-fenced by neighbours, its lone land-based connection with the rest of India is narrow—the 22-km wide ‘chicken’s neck’ in Siliguri—and strategically speaking, easy to disrupt. This means the land-based networks of transport and trade are limited, far-flung and congested.

View: What India should do to improve infrastructure

It must be noted that the challenges that Indian infrastructure faces are neither new nor exclusive to India.

Land-price skew puts brakes on National Highway projects

High circle rates and varying norms for fixing the rate based on the size of land parcels have made it difficult for the National Highways Authority of India to acquire land for expansion of existing highways in Uttar Pradesh and Madhya Pradesh.

India to spend USD 1.4 trillion over 5 yrs to develop infrastructure: Pradhan

Pradhan, said that the country is committed to spending about US USD 1.4 trillion on its infrastructure development in the next five years. He was speaking at the GFEC Tokyo which was attended by representatives several other countries.

View: What ghost cities tell us about India's economy

In India, deindustrialisation & lack of manufacturing is majorly responsible for the ghost city phenomenon.

SC to hear pleas against quashing CRZ clearances to Mumbai coastal road project after Diwali

The Supreme Court said it will hear the pleas challenging the Bombay High Court order that rejected clearance to coastal road project in Mumbai due to lack of proper scientific study.

Modi govt sets out on the road to $5 trillion with a Rs 8 lakh-crore first list

The govt has begun the exercise of creating a national infrastructure pipeline to take India to $5 trillion in 5 years.

360 infra projects show cost overruns of Rs 3.88 lakh cr

360 infra projects show cost overruns of Rs 3.88 lakh cr

The average time overrun in 550 delayed projects is 39.24 months. However, the Ministry of Statistics report also said the number of delayed projects decreases to 474 if delay is calculated on the basis of latest schedule of completion.

NHAI to check on liquidity of banks before HAM projects

NHAI to check on liquidity of banks before HAM projects

The NHAI will soon call a meeting with banks to ensure that there are sufficient funds before the authority bids out projects under the hybrid annuity mode.

NHAI invites bids for Toll-Operate-Transfer 4, plans to raise Rs 4,200 crore

NHAI invites bids for Toll-Operate-Transfer 4, plans to raise Rs 4,200 crore

With an aim to raise Rs 4,200 crore NHAI has invited bids for its 4th bundle of TOT. The highways ministry has been working aggressively on its asset monetisation program, as it creates a pipeline of projects that can be monetised.

Adani, Reliance group in race for Mumbai-Pune Expressway

Adani, Reliance group in race for Mumbai-Pune Expressway

In what could be India's busiest stretch, sale of the toll operation rights on Mumbai-Pune Expressway could fetch at least Rs 8000 cr. SBI Capital Market has been looking for a new operator as IRB Infrastructure’s 15-year contract expired in August.

NHAI to generate Rs 1 lakh crore annually from toll, other sources in next 5 years: Gadkari

NHAI to generate Rs 1 lakh crore annually from toll, other sources in next 5 years: Gadkari

Gadkari said that as the government goes on to build additional roads, the length of roads with tolling system will increase to 75,000 kms over the next five years.

India joins global alliance on responsible use of smart city technologies

India joins global alliance on responsible use of smart city technologies

The G20 Global Smart Cities Alliance on Technology Governance will create global norms and policy standards for the use of connected devices in public spaces, a WEF release said.

Load More...
1

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

BACK TO TOP