Slippery road for hybrid annuity model

[ad_1] From 34 km per day in FY24, the pace of national highway construction is expected to slow to 31 km per day. Credit rating agency CareEdge Ratings expects the execution pace to decline by 7-10 per cent year-on-year —...

PNC Infratech executes agreement with MP Road Development Corporation

[ad_1] PNC Infratech has executed an agreement between MP Road Development Corporation Ltd. (MPRDC) and the company’s special purpose vehicle, Western Bhopal Bypass Pvt. Ltd., to implement a Hybrid Annuity Mode (HAM) project.The ₹1,174 crore contract pertains to constructing the...

Dilip Buildcon secures tender floated by NHAI in Tamil Nadu

[ad_1] Dilip Buildcon Ltd has secured a tender floated by the National Highways Authority of India (NHAI) in Tamil Nadu. According to the company’s stock exchange filing. the tender is to improve the alignment of Thoppur Ghat Section in Dharmapuri Salem...