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Govt aims to complete about 85% of road projects on time this fiscal: Anurag Jain

Govt aims to complete about 85% of road projects on time this fiscal: Anurag Jain

Wed, Oct 04, 2023

According to the Ministry of Statistics and Programme Implementation (MoSPI) report, which monitors infrastructure projects worth Rs 150 crore and above, the road transport and highways sector has the maximum number of delayed projects.

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725 road projects facing delays due to erratic rains in some states: Nitin Gadkari

725 road projects facing delays due to erratic rains in some states: Nitin Gadkari

Wed, Mar 15, 2023

The Road Transport and Highways Minister in a written reply to the Rajya Sabha said additional cost is not incurred in all delayed projects as in Build-Operate-Transfer (BOT) projects, as escalation cost is absorbed by the Concessionaire. 

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Govt to approach capital market this month to raise Rs 2,500 crore for 3 road projects

Govt to approach capital market this month to raise Rs 2,500 crore for 3 road projects

Mon, Oct 03, 2022

The government will approach the capital market this month to raise around Rs 2,500 crore to fund three road projects, a senior official said on Monday. The money will be raised through Infrastructure Investment Trusts (InvITs), the government official added.

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TRENDING NOW

NHAI hits slowdown; 2 key issues hurting road developers

NHAI hits slowdown; 2 key issues hurting road developers

Thu, Nov 01, 2018

Banks are becoming conservative in lending to private players in the roads and highways sector given the problems players in the infrastructure sector are grappling with,” said Crisil’s latest report on infrastructure.

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NHAI invites bids for 10,460 kms costing around Rs 1,75,000

NHAI invites bids for 10,460 kms costing around Rs 1,75,000

Fri, Feb 02, 2018

Key Highlights:

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Demonetisation: Highway toll collection to drop by a third

Demonetisation: Highway toll collection to drop by a third

Wed, Nov 16, 2016

Shubham Jain, Vice-President, ICRA, said, “Most road projects have been operating on a low buffer over DSCR, owing to various factors like low base traffic/ traffic growth, high premium payments and modest toll rate hikes on account of the prevailing low wholesale price inflation over the past few years.  

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