Tag
Roads & Highways
6 articles
Increased government spending and robust order books signal positive momentum for India's roads and highways sector. The Ministry of Rural Development is allocating substantial funds—₹18,907 crore—to construct over 26,000 km of rural roads in FY27, prioritizing last-mile connectivity and vulnerable tribal group habitations. Simultaneously, infrastructure companies like SRM Contractors and B.R.Goyal Infrastructure are reporting significant revenue and profit growth, supported by strong order books and expanding into new areas like wastewater treatment. This suggests continued infrastructure development and potential opportunities for investors in the sector, though successful project execution and timely land acquisition remain key factors.
GR Infraprojects Subsidiary Completes ₹1368 Crore Expressway
GR Infraprojects' subsidiary receives completion certificate for its ₹1,368 crore Bandikui-Jaipur expressway project.
The Independent Engineer certified the 4-lane greenfield spur project fit for comm
IRB Infrastructure Seeks Shareholder Approval for ₹22,940 Cr RPTs
IRB Infrastructure seeks shareholder approval via postal ballot for material related party transactions aggregating up to ₹22,940.25 crore with 12 project SPVs.
The resolution proposes extending proje
NHAI Unit Appeal Restored After 57-Day Delay
High Court of Chhattisgarh condoned a 57‑day delay in filing the MCC for the NHAI Project Implementation Unit Korba.
The court recalled the dismissal of ARBA No. 3 2026 and restored the appeal to its
IRB Infrastructure Trust Transfers Two BOT Assets
IRB Infrastructure Trust signs binding term sheet to transfer two BOT highway assets with Rs.4,605 crore enterprise value to IRB InvIT Fund.
Transaction unlocks Rs.2,744 crore equity value for reinves
MBL Infrastructure Corporate Presentation FY2026
MBL Infrastructure Ltd. issued a corporate presentation detailing its business segments, project portfolio, and financial performance for FY2024-26.
The company's operations normalized in September 20
GR Infraprojects FY26 Revenue Rises 17% with Asset Monetization
GR Infraprojects reported standalone revenue growth of 16.95% to ₹7,620.22 crore and PAT growth of 23.49% to ₹996.06 crore for FY26.
The company secured new orders worth ₹9,705.37 crore, maintaining a