Ensuring full flow of financing to the road and highway sector to build targeted road lengths, Transport ministry will monetize 105 highway projects for about Rs.1,45,000 crore as part of the new innovative models of financing, Union Minister Nitin Gadkari said, elaborating that the traffic density in India is very high and the internal return on rates is very good and to add to the momentum, the ministry requires investments because there is no risk factor. Assuring of a good rate of return from highway toll collections, there are a lot of innovative models and to showcase this, it will launch road shows for promoting National High Authority of India (NHAI)’s first rupee denominated masala bonds. He also highlighted NHAI‘s AAA ratings. Among some of the challenging projects, he assured that Brahmaputra Express Highway will be developed as a national highway, thereby, making it the first highway project in the northeastern region which will be developed along the river in Assam at an estimated investment of Rs.40,000 crore.
📅Published on:
27 April 2017
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
