NHAI plans to rope in equity investors for individual road projects
The projects that may go for equity participation could be about Rs 46,000 crore worth new initiatives of expressways like the Rs 7,500-crore Dwarka Expressway.
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
The auction will involve five highways running across Andhra Pradesh and four in Gujarat. The total length of these highways is just under 700 km.
Big-bang monetisation of public infra assets via InvIT model could be on cards
The government hopes this will help companies raise funds for fresh investments that could be ploughed into upgrading the country’s infrastructure.
Budget 2018 makes record allocations to infra sectors, no new projects announced
The Budget, however, laid thrust on taking up rural infrastructure projects and expediting the already announced projects.
Budget 2018: Achieved new feats in highways; to complete 9,000 km in FY18, says FM Arun Jaitley
Tabling the government's last full budget ahead of 2019 general elections, Jaitley also said the ambitious Bharatmala project was going to be milestone for connectivity in the country.
Budget 2018: FM Arun Jaitley puts a premium on big expansion in rural infrastructure investment
Analysts said the announcements clearly indicated that the government was focused on ongoing projects, although Jaitley did announce plans to build a tunnel in Arunachal Pradesh.
Brookfield, ADIA-backed I Squared in fray to operate 9 NHAI projects
Brookfield and I Squared Capital, which is anchored by ADIA, are locked in the race to operate and manage nine road projects for the National Highways Authority of India (NHAI).
Number of high risk PPP highway projects fall: Crisil Ratings
Today, only 2,000 km of the 9,400 km of highway projects under construction awarded by the NHAI on a build operate-transfer (BOT) basis, are at high risk.
Abu Dhabi fund to invest Rs 2,000 crore in Cube Highways & Infrastructure
Cube Highways is an independent, professionally-managed roads and highways platform that owns and operates more than 1,300 lane-kilometres of highways in India.
Govt focus on road sector yields positive results: ICRA
ICRA said in a statement that the steps also include delegating the power to grant forest clearances to regional offices and online filing for clearances.
Bharatmala, others National Highway schemes require Rs 6.92 lakh crore by FY22
The umbrella programme for roads - Bharatmala - is expected to see construction of 20,000 km of highways in the first phase, the government had said earlier.
Government mulls leasing out airports, ports and other infrastructure assets to private operators
Niti Aayog, the government's think tank, will prepare a list of projects that can be offered to the private sector and move a note for discussion on the issue.
Highways ministry working on model pact to suit global investors
Several investors, including Canadian Pension Fund, Abu Dhabi Investment Fund and some from the US, Europe and Singapore, have shown interest in buying various projects.
NHAI plans to raise Rs 40,000 cr through InvIT
InvITs are like mutual funds where investors are allotted units on which they earn some returns.
Monetisation of 75 highways likely to fetch Rs 40,000 crore: Crisil
According to Crisil, the calculation assumes annual toll revenue growth of 7-8 per cent and return on equity of 14-16 per cent.
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