M Rajashekar Reddy, Assistant Vice President & Sector Head, ICRA Ltd, said, "The outlook on the toll road sector remains stable, paving the way for sustained growth. On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2% for newer projects and 1.
Chennai (Tamil Nadu) [India], February 18: AVP Infracon Limited (NSE - AVPINFRA), one of the leading infrastructure development companies, has received a Letter of Acceptance (LOA) from the Superintending Engineer Highways Construction and Maintenance, Tiruvannamalai Circle, for the widening
Maulesh Desai, Director, CareEdge Ratings, said, "Among the under-construction projects, totalling Rs 1.83 lakh crore, 55 per cent with an aggregate BPC of Rs 1 lakh crore are delayed by more than six months."
Realizing the importance of infrastructure in the overall economic growth of the country, the Government of India has been investing heavily in building world-class road infrastructure in the country over the last ten years.
Telangana Chief Minister Revanth Reddy announced the state government's full cooperation for the construction of national highways and is ready to remove the hurdles, if any, to develop the national highway network in the state.
New Delhi [India], October 14 (ANI): National Highways and Infrastructure Development Corporation Ltd (NHIDCL), a central public sector enterprise under the Ministry of Road Transport and Highways, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) P