Alpha Alternatives has acquired four operational road assets valued at about Rs 75 billion, deepening its push into India’s road infrastructure sector. The assets were acquired from Ap Co Infratech, KCC Buildcon and Welspun Group. […]
The National Highways Authority of India (NHAI) has completed and opened for traffic its Rs 10.24 billion Madurai Ring Road project, a major infrastructure initiative aimed at improving connectivity around Madurai city. The project, spanning […]
Cube Highways Trust has successfully raised Rs 12.50 billion from investors, including HDFC group and Premji Invest, as it moves closer to its Rs 50 billion planned initial public offering (IPO). The fundraising underscores strong […]
Cube Highways Trust is planning to launch its Rs 50-billion initial public offering (IPO) in July 2026. The issue will comprise entirely an offer-for-sale (OFS) component and is aimed at broadening its investor base and […]
Ceigall India Limited has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways Private Limited (CMASH), a road infrastructure project company in Punjab, to Neo Infra Income Opportunity Fund, […]
The National Highways Authority of India (NHAI) has proposed construction of the Dr Syama Prasad Mookerjee Tunnel (Chenani Nashri Tunnel) Two Lane New Tube Project (NH-44) on June 9, 2026. The project involves the development, […]
The central government inaugurated the Gandeva-Ena Expressway Project (Vadodara-Mumbai Expressway Project) and the Ena-Kim Expressway Project (Vadodara-Mumbai Expressway Project), part of the Delhi-Mumbai Expressway under Bharatmala Pariyojana, in Gujarat on June 5, 2026. The Ena-Kim […]
IRB Infrastructure Trust (RBIT) has announced plans to transfer two build-operate-transfer (BOT) highway projects with a combined enterprise value of Rs 46.05 billion. The move forms part of RBIT’s broader asset-management strategy to monetise infrastructure […]
The Central government has earmarked Rs 189.07 billion for constructing 26,474 km of rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and other rural connectivity initiatives in 2026-27. The initiative aims to connect […]
The centre has announced that national highway projects worth Rs 524 billion are currently underway in Meghalaya, highlighting the focus on improving the state’s connectivity. Projects spanning around 820 km have already been completed, construction […]
The central government has approved a Rs 13.59 billion project to upgrade the Nagaur-Bikaner highway in Rajasthan into a four-lane corridor. The initiative aims to enhance regional connectivity, reduce travel time, and improve freight movement […]
The National Highways Authority of India (NHAI) has officially kicked off its asset monetisation exercise for 2026-27. NHAI has opened bids for two national highway stretches in Tamil Nadu, totaling 170 km, under the toll-operate-transfer […]
On February 26, 2026, Ceigall India Limited received the completion certificate (CC) for Package VII of the Delhi-Katra six/eight-lane expressway project. The project involved the construction of a four-lane 36.87 km long greenfield stretch of […]
The central government sanctioned funds worth Rs 4,989.7 million for the construction of three road projects in Odisha on May 7, 2026. The Jaleswar-Batagram-Chandaneswar road Improvement Project (SH-57) involves the improvement of the Jaleswar-Batagram-Chandaneswar road […]
The Union government has approved construction of a four‑lane bypass around Thiruvarur in Tamil Nadu, with an estimated cost of Rs 14.27 billion. The new route on National Highway 83 will divert through traffic away […]
The centre is planning to monetise 28 national highway assets, spanning over 1,800 km in 2026-27, to raise about Rs 350 billion as the government pushes for infrastructure asset recycling to fund infrastructure creation. The […]
Road-sector infrastructure investment trusts (InvITs) are expected to record a roughly 30 per cent increase in assets under management (AUM) in 2026-27. The AUM is projected to grow to about Rs 3.9 trillion by March […]
Actis is planning to sell a secondary stake of around 10 per cent in its infrastructure investment trust (InvIT), Nxt Infra Trust. The stake sale is expected to fetch around Rs 3-3.50 billion. Actis will […]
The Ministry of Road Transport and Highways (MoRTH) has opened the door for large financial investors to bid for build-operate-transfer (BOT) road projects, after several projects failed to draw private interest due to concerns over […]
India’s highways are moving to Multi-Lane Free Flow (MLFF) tolling, a barrier-less system that will let vehicles pass without stopping, which the government estimates could save around Rs 60 billion annually in operational costs and […]
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