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MEP Infra bags toll collection contract

MEP Infrastructure Developers has won a one-year contract from the National Highways Authority of India (NHAI)

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Govt to bring changes in toll collection rights

Developers involved in widening four-lane roads to six lane may have to wait till the completion of the projects before collecting toll. The Union Road Transport Ministry is planning to rewrite the Model Concession Agreement (MCA) that allows them to collect toll.

Govt to pace up rescheduling of road developers' premium

The Union Road Trasnport and Highway Ministry has decided to speed up its proposal to allow premium rescheduling of road development projects awarded two-three years ago. The government took the decision by facing a situation that may jeopardise the fate of many road projects. The proposal will then be referred to an inter-Ministerial group headed by the Cabinet Secretary.

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