Highways business changing structurally: Vinayak Chatterjee, Chairman, Feedback Infra
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Last Updated: May 25, 2021, 07:08 PM IST
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We are now finding that there is a limit to how much you can expand existing alignments because they go through very crowded clusters. So the new focus is on greenfield expressways. If you see the Mumbai-Pune under Mr Gadkari, that was one of the first examples of a greenfield expressway.
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Do you feel that rural demand particularly has been hampered which will affect the recovery?
Vinayak Chatterjee: There is clear evidence that the rural demand is not as buoyant as it was in the April, May, June, July period of last year, and remember it was buoyant largely because there was a slew of special packages that were given to the rural sector including a step up in the MNREGA in rural, small infra works, special packages all those have not been seen now. And therefore from sales of tractors to retail demand for cemen
NHAI plans to monetise projects worth Rs 3 lakh crore
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The authority plans to raise Rs 20,000-25,000 crore through the SPV model, and Rs 10,000 crore through the toll-operate-transfer model in 2021-22, the official said. A second infrastructure investment trust (InvIT) worth around Rs 6,000 crore is also in the pipeline for the next financial year.
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National Highways Authority of India
NEW DELHI: The National Highways Authority of India is looking to monetise around 7,500 kilometres of road projects worth Rs 3 lakh crore, a senior NHAI official has said.
“If we were to look at our monetisation plans, all the greenfield projects we are making could be potentially monetised,” the official told ET.