E-PaperRoad Developer News
Govt may ease tax rules for road developers
Centre plans to allow developers to pay taxes over the concession period of a project rather than making an upfront payment
1 min read25 Dec 2021EPC road developers to see revenue growth halve in FY20, FY21: Crisil
This is due to slower awarding of projects and delayed receipt of ‘appointed date’ — the zero date or kick-off date for start of a project — from the NHAIThe slowdown, however, is unlikely to impact the credit profiles of EPC players
1 min read6 Nov 2019Burgeoning order book could pose funding risks for road developers
Given the state of public sector banks and the cautious approach of private banks for funding infra projects, financial closure for the projects could be slower than the number of road projects coming up
2 min read30 Jul 2018Nitin Gadkari to meet NHAI officials, developers for expediting highway projects
Nitin Gadkari says a meeting of highway developers and officials from the NHAI and the road ministry will soon be convened for expediting highway projects
3 min read4 Nov 2017Govt’s push for highway projects likely to benefit road developers
The govt in its Union budget announced an allocation of Rs64,900 crore for the construction of national highways for 2017-18, up from Rs58,000 crore for 2016-17
2 min read20 Feb 2017ITNL planning debt-reduction by InvIT for roads: CFO Dilip Bhatia
ITNL chief financial officer Dilip Bhatia says the company is finalizing plans to launch an infrastructure investment trust over the next six to nine months
3 min read30 Aug 2016Macquarie looks to sell two road assets from India infra fund
Macquarie expects the 2 deals to fetch Rs600 crore in equity value; firm to appoint bankers for the sale soon
3 min read9 Jun 2016Handful of road developers to benefit from increased spending on roads
The govt in the budget announced plans to award 10,000 km of road projects next fiscal and add 50,000 km of state highways
4 min read1 Mar 2016Developers allowed to divest 100 pc equity in road projects
The decision is aimed at fast-tracking contracts and implementation of highway projects in the country
2 min read26 Aug 2015Road ministry tweaks developer exit policy
Concessionaires allowed to divest their stakes in projects without having to form new special purpose vehicles
3 min read29 Jan 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared