NHAI, SBI in talks to monetise highways
Last week, road transport and highways minister Nitin Gadkari said he was in talks with a “big bank” to monetise around 50 projects of NHAI to raise Rs 50,000 crore.
LIC offers Rs 1.25 lakh crore line of credit by 2024 to fund highway projects: Nitin Gadkari
The Minister said that the line of credit will be used to fund the ambitious Bharatmala project.
Inside Modi's game plan to bring in investment for infrastructure
Modi government is all set to lease out assets and open up sectors such as the railways, oil and mining.
Oil and mining are likely to attract huge private investment: Rajiv Kumar
PPP in construction will also take place, but more emphasis will be laid on hybrid models.
NIIF to invest equity in road projects in India
NIIF on Monday signed an MoU with the NHAI to form a SPV to execute fund arrangement for large sized road projects, particularly green field, which will be executed by NHAI.
Budget stresses on massive infra investments to become USD 5 trn economy
Sitharaman said infrastructure financing needs have been estimated at around Rs 20 lakh crore (USD 300 billion) a year.
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NHAI seeks flexibility in mode of project award, to focus on EPC
Under HAM, the government provides 40% of the construction cost. The rest is arranged by the developer. Land acquisition and toll collection are the government’s responsibilities. Private investment via BOT has been subdued in the past few years.
Gadkari has big plans to push India's infrastructure
The plans include offering attractive schemes to private players, such as the already identified 3,000 km.
Private sector favours Kelkar panel report to boost PPP in infrastructure
The sector, largely driven by government expenditure, has seen private players shying away owing to a number of regulatory loopholes, including land constraints and delayed project approvals among others.
Fast over: LF tots up damage done
While Front leaders seemed a relieved lot after the Trinamool leader broke her fast, the CPIM state secretariat met on Friday at the party’s Alimuddin Street headquarters to review the situation.
Totting up: EuroKids hits it big in pre-school segment
The organised pre-school market is a relatively new phenomenon in India. In today’s environment parents want every edge that they can get for their kids.
Road ministry gears up to raise funds to meet revised targets
The National Highways Authority of India (NHAI) is expected to soon borrow at least Rs 25,000 crore as loan from public sector banks.
NHAI invites bids to lease out eight national highways for 30 years
The eight highway stretches identified for bidding are spread across West Bengal, Bihar and Rajasthan, and have total length of 586 km.
Govt to monetise 2 more bundles of highway projects in May: NHAI chief
Deepak Kumar said about 18 to 20 highway projects will be auctioned under TOT next month in two tranches that are expected to fetch over USD 2 billion.
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