The need for securitising cash flows for undertaking investments in network expansion has set the ball rolling for the introduction of the toll-operate-transfer (TOT) model. In a much-awaited move, the Ministry of Road Transport and […]
With the Ministry of Road Transport and Highways (MoRTH) estimating an investment requirement of about Rs 7 trillion for the development of national highways in the country during the next five years, the role of investors […]
National and state highways in India comprise less than 5 per cent of the roads but account for 80 per cent of the traffic. This mismatch implies that vehicles halting for cash transactions at toll […]
Road development across states has taken a new turn, with focus now being laid on developing elevated corridors and ring roads, in a bid to decongest metropolitan cities. Further, Maharashtra has adopted a region-wise approach […]
A recurrent problem in the infrastructure domain is that of inadequate surveys and unrepresentative detailed drawings. Other key challenges include delays in getting approvals for projects, design variations and changing work orders. An important aspect […]
The government’s commitment to road development has reaped substantial gains for the sector. The new models have given rise to renewed hope in the sector. Investor confidence has started to look up and road developers […]
The road sector has certainly started showing signs of recovery after a slowdown of almost three years. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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