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Wednesday, April 04, 2012 05:20:32 AM
Posted in category Industry Outlook
  India has approved eight road projects worth $1.9bn in the states of Orissa, Andhra Pradesh, Uttar Pradesh, Karnataka, Maharashtra, Rajasthan and Punjab to improve infrastructure, connectivity and travel times. The Cabinet Committee on Infrastructure (CCI) of India approved the widening of highways und....
 
       
Thursday, December 15, 2011 08:31:28 AM
Posted in category Industry Outlook
L&T Construction has won a Rs21.6bn ($403m) contract from India based GMR Infrastructure for construction of stretches of six-laning of Kishangarh Udaipur Ahmedabad highway in India. The engineering, procurement and construction contract is part of the Kishangarh Udaipur Ahmedabad project - included in Phase V of the National Highwa....
 
 
       
Monday, November 21, 2011 01:00:38 PM
Posted in category Blog
  Investors will soon get the option of investing in tax-free infrastructure bonds worth Rs 10,000 crore, as the National Highways Authority of India (NHAI) plans to come out with a public issue by the middle of November. “We plan to raise the entire amount through a public issue in one go, because we need m....
 
 
       
Monday, November 21, 2011 12:59:29 PM
Posted in category Blog
  The Chennai-Ennore-Manali road improvement project (EMRIP) in Tamil Nadu state of India is expected to be completed by 2013, according to the state government. The Rs 6 bn ($119m) project is being implemented through special purpose company Chennai Ennore Port Road, which has been set up by Chennai Port, Ennore Port, National....
 
 
       
Monday, November 21, 2011 12:56:25 PM
Posted in category Blog
Construction of highways, which had dipped to dismal levels over the past few years, has picked up pace. According to official data, 11km of roads are being added every day.  If the trend is sustained, the UPA government could well be on track to achieving 20km per day by the time it completes its second term in 2014 as the pa....
 
 
       

 
 

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