Private sector favours Kelkar panel report to boost PPP in infrastructure
The sector, largely driven by government expenditure, has seen private players shying away owing to a number of regulatory loopholes, including land constraints and delayed project approvals among others.
The projects in question will be owned by the ministry of road transport and highways after the parties reached a settlement of about Rs 200 crore with the group's lenders.
New vehicle for long-term infra finance on the anvil
The National Housing Bank (NHB), National Bank for Agriculture and Rural Development (Nabard) and India Infrastructure Finance Company Ltd will be roped in as investors.
Fund crunch, land cost may slow down highway projects
The situation is so grim that in Jharkhand, J&K, Uttarakhand, Delhi and Goa, NHAI does not plan to take up any stretch this year.
Maharashtra, UP to drive state-led capex in road sector in next 3 years
In Maharashtra, the estimated spend in case of Nagpur-Mumbai expressway alone is Rs 35,000 crore over next three years.
ADB plans to fund Rs 30,000 cr Delhi-Meerut rapid rail corridor, 4 metro projects
In addition, other projects especially expansion of Chennai and Bengaluru Metro are also under consideration.
Pick projects wisely, panel tells NHAI; Cong pans govt over debt
The missive comes in the light of limited availability of funds for the highways sector and with the NHAI having to depend on borrowings to run its show.
Jaypee Infra management, homebuyers to discuss delivery, other proposals on Friday
The financial proposals of two bidders – Suraksha and NBCC – have failed to pass muster at the Committee of Creditors (CoC). NBCC has sought time till April 24 to submit a revised proposal.
344 infra projects show cost overruns of Rs 3.16 lakh cr
The expenditure incurred on these projects till December 2018 was Rs 8,06,997.78 crore, which is 37.82 per cent of the anticipated cost of the projects.
India, Sweden ink pact to collaborate on solutions for smart cities, clean tech
The programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
Mukesh Ambani sets out to change the face of Indian cities, first project already on
Here comes an Ambani project that could reset the entire urban infrastructure scene in India.
View: Ensuring payments and price transparency
The issues around debt-servicing and NPAs has serious ramifications from a cost of capital perspective.
3 years after launch, New Delhi Municipal Council smart city work in progress
Three years after the cities were chosen, ET looks at how the journey of one of the first few has been.
Govt brings in new policy to revive stalled highway projects
The move is aimed at unlocking money of both lenders and private players, including crisis-hit IL&FS
IndoSpace buys Orris’ logistics park near Gurgaon
Mumbai-based IndoSpace, backed by private equity fund Everstone Group, had last year closed its third and largest logistics real estate fund of $1.2 billion, increasing its total commitment in India to over $3.2 billion.