Sector Update: Infrastructure, roads and highways
Date
January 09, 2012
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The financial services firm, IndiaNivesh, has released a very interesting update report for all those in the infrastructure sector in India. Although it looks at the sector focusing on the listed companies, the report gives a very nice overview of the year in terms of contracts awarded, the winning firms, the degree of achievement of targets in Km and the intensity of competition in the industry.
Some of the major conclusions within the report are the following:
- 29 BOT-Toll projects have been awarded till date during this fiscal year.
- Only IRB Infra and Ashoka Buildcon have won more than 1 project (2 projects).
- NHAI had earlier planned to award 7,773 km of road projects during Apr-Dec, 2011. However, during the same time only 53% of the targeted projects have been awarded.
- There is an increased intensity of competition across the projects. Of the 9 projects that came up for bids post Oct-2011, an average of 33 bidders participated in each.
You can find this and many other reports on Indian infrastructure on our reports section, InfraPPP Reports.
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