India’s infrastructure requirements will continue to grow as the country advances towards its goal of becoming a $5 trillion economy. To support this growth, the government has been exploring innovative funding mechanisms to accelerate ongoing […]
India’s infrastructure requirements will continue to grow as the country advances towards the goal of becoming a $5 trillion economy. To support this growth, the government has been exploring innovative funding mechanisms to sustain and […]
India’s vast road network, spanning around 6.3 million km, forms the backbone of the transportation system, driving economic growth and regional connectivity. As a priority sector for the government, the sector has received strong budgetary […]
The Indian road sector deploys the same implementation models for construction that are used worldwide. However, the scale of exercise and efforts made in each model is what has helped the sector’s progress through difficult […]
In mid-2016, the Cabinet Committee on Economic Affairs authorised the toll-operate-transfer (TOT) model, meant for monetising publicly funded brownfield highways for a predetermined concession period ranging from 15 to 30 years. This asset recycling model […]
The financing scenario in the road sector has improved considerably in the past few years. With the emergence of various alternative means of funding, the market has become more flexible towards the sector. Initiatives such […]
The Indian road sector has witnessed a marked shift from the operations, maintenance and transfer (OMT) model to the toll-operate-transfer (TOT) model. From the investor perspective this is a welcome change. The investor fraternity has […]
Time and again the government has reiterated its focus on infrastructure development. The Rs 3.6 trillion budget allocation to the sector for 2017-18 as compared to Rs 2.2 trillion in 2015-16 is a testament to […]
The road sector has gone through a phase of course correction with the evolution of a wide variety of implementation models. These models and their variants were introduced to cope with the financial and structural […]
The road sector has witnessed a turnaround in the past three years. National highway projects covering about 34,000 km were awarded between 2014-15 and 2016-17, almost double the length awarded in the preceding three fiscal […]
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 […]
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 […]
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 […]
The road sector has seen significant movement in the past year. Project-related activity posted a surge on the back of an array of initiatives on the policy, finance and technol-ogy fronts. […]
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