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 […]
Rural electrification under the government’s flagship programme, Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY), ended on a high note last year with the annual target being exceeded. […]
According to Piyush Goyal, minister of state (independent charge) for power, coal and renewable energy and mines, India will become the energy capital of the world by 2022 with affordable, quality 24×7 power for all. […]
Masala bonds are rupee-denominated bonds that are issued to overseas buyers. The interest payments and principal reimbursements are denominated in rupees. This nomenclature has come from the International Financial Corporation (IFC), the financing arm of […]
While most observers were disappointed with the outcome of the 2016 spectrum auction, telecom minister Manoj Sinha said, “I think it was a successful auction and a big achievement. For some spectrum bands, telcos did […]
India’s high dependence on crude imports is well known. However, the country is among the key exporters of refined petroleum products globally. With domestic crude oil production at 900,000 barrels per day (bpd), far less […]
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