With this project award, Adani has a total of six NHAI road projects under HAM in Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh and Kerala

Rajasthan Chief Minister Ashok Gehlot presided over the virtual function. Union ministers Gajendra Singh Shekhawat, V K Singh, Arjun Ram Meghwal and Kailash Choudhary and former Union Minister Rajyavardhan Rathore also attended the event

Share price of Dilip Buildcon gained up to 11.67%  to Rs 390 on BSE

Following the update, Dilip Buildcon scrip opened with a gain of 4% and touched an intraday high of Rs 408 against the earlier close of Rs 392.30. The stock hit a low of Rs 393

IRB Infrastructure share gained 16.79% to Rs 138.8 , fresh 52 week high  against previous close of Rs 118.85 on BSE

Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

The NHAI is currently implementing about 28,000-km projects under \"Bharatmala Pariyojna\" Phase-1. Under this, Delhi-Mumbai Expressway is one of the flagship highways corridors

On July 29, the company had emerged as the preferred bidder for the said project, under hybrid annuity mode (HAM) with a bid cost of Rs 1,755 crore

PNC Infratech share price opened with a gain of 13.53% at Rs 151 against previous close of Rs 133

Till February 2020, a total of 246 road projects with an aggregate length of about 10,100 km were awarded under BMP Phase-I at average cost of Rs 23.80 crore per km, which is 54 per cent higher than initial estimated cost of Rs 15.52 crore per km

The Ministry of Road Transport and Highways said it has taken up development of Delhi-Amritsar-Katra Expressway under Bharatmala Pariyojana

Nitin Gadkari said that government has ensured liquidity for the highways sector and has asked National Highways Authority of India (NHAI) and all other agencies to immediately release any legitimate dues that may be pending against any ongoing project

The industry believes that there would be a surge in demand for cement due to requirements of a strong infrastructure framework that the nation endeavours to put in place through its government as well as housing projects

Share Market Update: BSE 30-share S&P Sensex ended 144 points higher at 41,313 and NSE 50-share index Nifty50 closed 44 points higher at 12,133.

Union Budget: One of the important focus areas in National Infrastructure Pipeline is the roads sector, and the recent experiences in this sector provide for an interesting case study of the challenges ahead

Ashoka Buildcon share price gained as much as 11.58 per cent to touch a high of Rs 104.05 against the previous close level of Rs 93.25. The stock was trading 36 per cent below its 52-week high of Rs 155 touched on 30 May 2019

Earlier this week, Ashoka Buildcon had said Ashoka Concessions Ltd (ACL) had submitted its bid to the National Highways Authority of India (NHAI) for the said project

The experts say that the slowdown in the economy is also impacting toll revenue growth due to less traffic. It is likely to come down from 8.9 per cent growth in the past to about 3-4 per cent

Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project that aims to lay a grid of highways pan-India, the Road Transport and Highways Ministry has been looking to harness various sources of finances including pension and insurance funds.