Q:The Cabinet Committee of Economic Affairs decided to extend a one-time order for funds infusion by NHAI into such under-construction build, operate and transfer or BOT (toll) highway projects announced earlier to stranded BOT (annuity) projects also.
Latest Answer: Hi everybdy,
The government has also launched an advance hybrid annuity structure, under which NHAI will fund 40% of the project costs, reducing the developers' risks further.
With 11500 km of highway projects awarded since the start of last financial year, construction, which has picked up of late, is bound to speed up in the coming months.
Latest Answer: Traffic in road projects grew in the range of 5-6% in FY15 compared with a decrease in FY14. India Rating & Research expects that the tempo to continue in FY16 also on account of increased economic activity. Toll rate increases linked to inflation, whether completely or to a limited extent, have somewhat balance the decrease in traffic numbers in FY15.
Q:Did you hear the latest news? Two cities' infrastructure along with Delhi-Mumbai Industrial Corridor approved by The Cabinet Committee on Economic Affairs
Latest Answer: Hi Kaushik,
The cost of work on the Dholera project is estimated to be around Rs.2784.83 crore while work at the Shendra Bidkin Industrial Area (SBIA) in the Shendra region of Maharashtra is estimated to cost Rs.1533.45 crore.
Yes, the Ahmedabad-Dhaulera Investment Region in Gujarat, and the Shendra-Bidkin Industrial Park near Aurangabad in Maharashtra, are now in a position to start work on basic infrastructure.
Q:The Cabinet Committee on Economic Affairs on 2nd of December 2014 approved the four-laning of three national highway sections Lucknow to Sultanpur, Nagina to Kashipur and Singhara to Binjabahal.
Latest Answer: Yes Kaushik,
An that time The Ministry told that HDFC Bank had ask approval for maintaining the permitted foreign holding in the bank up to 74% of the total paid up capital, out of which the FII sub-limit would be 49% and the balance 25% would be foreign direct investment.