Road execution to grow 5-8% in FY25: ICRA
The pace of execution in this fiscal will be supported by a healthy pipeline of projects, increased capital outlay by the government and focus on projects completion by the Ministry of Highways.
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April 2024
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November 2023
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December 2022
July 2022
FASTag with incomplete KYC to be deactivated from Feb 1
The decision stems from recent reports received by NHAI of multiple FASTags being issued for a particular vehicle and FASTags being issued without KYC, which violates the mandate by the RBI.
New highway contracts hit as Bharatmala cost doubles: ICRA
The agency points out that in the absence of Cabinet approval of revised project cost, highway contract awards is suffering.
Road construction to grow 12,000 kms in FY24, up 16%
ICRA projects the toll collection growth to be 6%-9% in FY2024, primarily supported by a 4%-5% growth in traffic.
Highway toll collections to rise 16-18% in FY23: CRISIL
In the next fiscal, the traffic growth is expected to taper to 4% to 6% but will remain higher than the four-year compound annual growth rate (CAGR) of 2% to 3% seen through fiscal 2022.
The Infra Multiplier
The steep budget allocation for FY24 capex is intended to keep the GDP growth ticking. But has capex succeeded in creating the multiplier effect in the economy?
Budget 2023: Rly, Highway lead capex charge, bag ₹4,98,605 cr outlay
The capital allocation to the highway ministry for 2023-24 stands at ₹2,58,605 crore.
Budget 2023: Centre's priority to roads, highways continues
Capital expenditure in FY23 is up by 80% as compared to the previous fiscal.
Nagpur expressway a test case of execution and compensation: Mopalwar
Maharashtra’s biggest expressway -- from land acquisition to completion -- has been phenomenal
No dearth of finance, will tap capital market to fund roads: Nitin Gadkari
"I am now going to the capital markets. I do not have any problem with financial resources," exclaims transport minister Nitin Gadkari.
