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NEW DELHI: Government has now allowed venture capital, private equity, infrastructure and pension funds to bid for highway projects under Public-Private Partnership (PPP) model, marking a paradigm shift since the sector was opened to private players in the early 2000s. So far, only highway developers and construction companies were eligible to bid for such projects.The…
New Delhi: The PPP-run airports have asked govt to ensure airlines pass on the benefit of reduced landing and parking charges to passengers. And also that once this three-month 25% reduced aeronautical charge period ends on July 7, the same should be hiked along with an increase in user development fees (UDF) for international passengers…
NEW DELHI: Cabinet Wednesday approved the construction of the 374-km greenfield access-controlled Nashik-Solapur-Akkalkot highway in Maharashtra, which is part of the Surat-Chennai high-speed corridor, at an estimated cost of Rs 19,142 crore. This will be the largest value of highway project on Build, Operate, Transfer (BOT) mode in the country’s NH development history, I&B minister…
