Roads sector news

Himalayan Landmark: Asia’s longest road tunnel inaugurated in Jammu & Kashmir

April 1, 2017

With the commissioning of the Chenani-Nashri tunnel in Jammu & Kashmir, India has to its credit the construction of Asia’s longest bidirectional road tunnel. In a much-awaited move, the central government inaugurated the tunnel on […]

Evolving Role: Presence of private equity players in the road sector

April 1, 2017

With the second largest road network in the world at over 4.7 million km, India offers significant opportunity for private players to participate in and benefit from growth in the sector. More than 60 per […]

On the Right Track: Progress of road development in the Northeast

March 4, 2017

National Highways and Infrastructure Development Corporation Limited (NHIDCL), a fully owned company of the Ministry of Road Transport and Highways, has been able to infuse the much-needed momentum in road development in the Northeast within […]

Highway Toll Indexation: Does it need a relook?

March 4, 2017

The National Highway Development Programme (NHDP) was introduced in 1998 and provided a new trajectory for road development in India. In the initial phases of the NHDP, public funding was the default mode, till public-private […]

Impressive Growth: SIPL taps new opportunities

January 10, 2017

Incorporated in 2007, Sadbhav Infrastructure Project Limited (SIPL) is the asset holding arm of Sadbhav Engineering Limited (SEL). In the past few months, the company has established a strong foothold in the road sector by […]

Increasing Interest: ADB’s focus on the road sector intensifies

January 10, 2017

The role of multilateral agencies such as the Asian Development Bank (ADB) complements the priority accorded to road development at the central as well as state levels. In light of the growing focus on road […]

Expanding Market: Increased activity in the bridges segment

November 8, 2016

In the past few years, the road bridges segment has witnessed an increase in the size and scope of projects being implemented both at the national and state levels. The increased pace of project award […]

Exceptional Performance: Dilip Buildcon records robust revenue growth

November 8, 2016

Dilip Buildcon Limited (DBL) has recently emerged as one of the most talked about companies in the road sector. In August 2016, the company took the initial public offering (IPO) route to tap the equity […]

Improved Outlook: Sector reports impressive growth in numbers

October 28, 2016

The road sector has certainly started showing signs of recovery after a slowdown of almost three years. […]

Policy Moves: Removing roadblocks to project implementation

October 28, 2016

Elimination of policy-related barriers in order to step up activity in the road sector has been the key focus area of the government. In the past 12 months, the Ministry of Road Transport and Highways […]

Government Initiatives: Focus on big-ticket programmes and online portals

October 28, 2016

Over the past couple of years, the central government has taken several innovative initiatives to facilitate road development. The Ministry of Road Transport and Highways (MoRTH) has focused on the augmentation of existing infrastructure as […]

Awards Increase: NHDP makes significant progress over the past year

October 28, 2016

In the past year, the National Highways Development Programme (NHDP) has witnessed a surge in activity. During 2015-16, the National Highways Authority of India (NHAI) achieved about 85 per cent of its project award target as […]

Views of A.K. Singh: “HAM and EPC-based projects mark a surge in competition”

October 28, 2016

The road sector has witnessed an uptick in sentiment in the recent past. Leading this change is a host of initiatives launched for the revival of stalled projects as well as the creation of new […]

On a Growth Path: Road development in the Northeast

October 28, 2016

Over the past two years, the central government has been focusing on the development of road infrastructure in the north-eastern region. To facilitate this, the government has set up National Highways and Infrastructure Development Corporation […]

Recovery in Sight: Financing scenario gradually improves

October 28, 2016

The road sector has witnessed stressful times in terms of financings over the past four-five years. Lags and execution delays have resulted in potential investors being more cautious about committing funds to road projects. While […]

Developer Perspective: PPP experience in road development

October 28, 2016

The investment environment in the road sector is not very optimistic at present. The interest of private players is mostly subdued. This depressed interest can be attributed to several challenges that developers continue to face. […]

EPC Experience: Challenges faced by contractors in project execution

October 28, 2016

The engineering, procurement and construction (EPC) model essentially works as an enhanced version of the item rate contract. The engineering part seems to be missing in “EPC” as there is little scope or flexibility for […]

Big Plans: Key developments across states

October 28, 2016

Road development in states across the country has picked up pace over the past year. Poll-bound states such as Maharashtra and Uttar Pradesh have announced several big-ticket projects to augment road infrastructure. While public funds […]

Asset Recycling: Cabinet approves toll-operate-transfer model

October 28, 2016

In August 2016, the Cabinet Committee on Economic Affairs (CCEA) approved the toll-operate-transfer (TOT) model to monetise public-funded operational toll-based projects which have been generating revenues for a minimum of two years after the commercial […]

Super Expressway: Mumbai-Nagpur corridor inches closer to becoming a reality

September 17, 2016

In 2015, the Maharashtra government conceived a plan to develop the Mumbai-Nagpur super communication expressway to boost connectivity between the capital and the third-largest city in the state. […]