Ministry of Road Transport and Highways in India has announced to launch a tender process for a total of 3,000 kilometers of roads on Public-Private Partnerships. The roads will be developed on a build, operate and transfer model. The ministry is also planning to open 2,000 petrol pumps on national highways.
The land for the roads will be provided by the National Highway Authority of India (NHAI) and petrol pumps will be developed by the oil companies. The government is also planning to make usage of precast construction techniques mandatory for roads and bridges.
Country updates
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March 24, 2020
Indian railways to privatize passenger train services
Indian Railways has announced an indicative list of over 100 origin-destination pairs for the operation of passenger train services by the private entities, under the Public-Private Partnership (PPP)...
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March 20, 2020
IndInfravit completes acquisition of 8 road SPVs from Sadbhav Infrastructure Project Ltd
IndInfravit has announced the completion of transfer of stake in eight road projects from Sadbhav Infrastructure limited, a subsidiary of Sadbhav Engineering. The eight road projects are operated by...
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March 10, 2020
Ministry in India announces Ferry service PPP between India and Sri Lanka
Ministry of Shipping in India has proposed to develop ferry service between India and Sri Lanka. The service will include the development of ferry service between Karaikal in the Union Terri...
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March 09, 2020
GEDCOL, IFC launch consultancy tender for solar project in Odisha
The Green Energy Development Corporation of Odisha Ltd (GEDCOL), in partnership with the International Finance Corporation (IFC), has launched a consultancy tender for the development of a solar proje...
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February 25, 2020
Aéroports de Paris enters agreement with GMR for the sale of GMR Airports stakes
Groupe ADP (Aéroports de Paris) has signed a share purchase agreement to acquire 49% stakes in GMR Airports for a total consideration of INR107.8 billion (US$1.494 billion). The oper...
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