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Bengal government gives nod for handover of seven national highway stretches to NHAI, NHIDCL
West Bengal has given in-principle approval to transfer seven national highway stretches to central agencies. This move clears the way for long-pending infrastructure development works. The National Highways Authority of India and the National Highways and Infrastructure Development Corporation Ltd will now undertake these projects. These developments will significantly improve connectivity to neighbouring states and countries.
600-Kg Silver-Laden Van Overturns On Mumbai-Ahmedabad National Highway
Picture used for representational purpose only.
IRB Infra Trust offers to sell two BOT highway assets worth Rs 4,663 crore to IRB InvIT Fund
IRB Infrastructure Trust has offered two of its revenue-generating highway assets, valued at approximately Rs 4,663 crore, to IRB InvIT Fund. The non-binding offer includes the Solapur Yedeshi NH211 and Chittorgarh Gulabpura NH79 BOT Assets, totaling 1,144 Lane km. This move aims to fund future opportunities and enhance IRB InvIT Fund's asset portfolio.
NHAI settles arbitration claims in Panipat-Jalandhar Highway project cases
The National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 crore. These disputes involved the Panipat-Jalandhar section of NH-44. Claims by concessionaires exceeded Rs 8,375 crore.
Two infra stocks that may react on Tuesday after order wins worth over ₹11,000 crore
Shares of infrastructure companies Afcons Infrastructure and HG Infra Engineering will be in focus today, after both firms announced large project wins worth over ₹11,000 crore combined across international railway and domestic highway segments.
HG Infra wins ₹3,931-cr highway project from Welspun Enterprises in Maharashtra
The project involves the construction of a 6-lane (including partially elevated) highway corridor along with the improvement of the existing road, covering the Pune to Shirur section of NH-753F with a minimum design length of 53.40 km. Shares of HG Infra Engineering Ltd ended at ₹634.20, up by ₹8.60, or 1.37%, on the BSE today, May 11.
India clears path for big funds to bid directly for road projects
India has opened the door for pension and sovereign wealth funds to directly bid on greenfield toll-road projects, aiming to boost private investment in infrastructure. This move relaxes eligibility norms for build-operate-transfer projects, allowing institutional investors to leverage their financial strength while partnering for construction expertise. The government seeks to significantly increase the share of BOT projects in highway awards.
PNC Infratech share price jumps 14% after receipt of two highway projects - Mint
PNC Infratech share price jumps 14% after receipt of two highway projectsMint
PNC Infratech share price jumps 14% after receipt of two highway projects
PNC Infratech share price gained 20% in one month, but fell 11% on a year-to-date (YTD) basis. The smallcap stock has declined 20% in one year, and has dropped 48% over the past two years.
PNC Infratech emerges L1 bidder for ₹3,483-crore NHAI highway projects in Uttar Pradesh
Each project has an execution timeline of 24 months. Shares of PNC Infratech Ltd ended at ₹208.50, up by ₹6.35, or 3.14%, on the BSE today, April 21.
More relief steps may be on the way for highway contractors as West Asia war drags
The road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt supply chains. Proposed measures include price compensation, timeline extensions and improved cash flow support, after industry bodies flagged that earlier interim relief fell short of addressing mounting financial stress.
Road ministry raises construction timelines for NH projects to up to six years
These normative construction periods will be applicable for all national highway projects to be bid out either on engineering, procurement, construction (EPC) mode, hybrid annuity model (HAM) or build-operate-transfer (BOT) mode on or after May 6, 2026, the ministry of road transport and highways said in a circular issued on Monday.