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NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

NHAI plans to award Rs 2.25 lakh cr projects during FY21

National Highways Authority of India (NHAI) plans to award Rs 2.25 lakh crore worth of projects spanning around 5,000 km in the fiscal year 2021.

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s (NHAI) fully-owned special purpose vehicle (SPV), DME Developers (DMEL), has received AAA rating from CRISIL, CARE and India Ratings. The SPV is executing the Delhi-Mumbai expressway project.

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV), DME Developers Ltd. (DMEL), has received AAA rating from CRISIL, CARE and India Rating.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

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