Indian Infrastructure Industry News & Updates - Roads & Highways
IPO of NHAI’s public InvIT opens Wednesday
The initial public offer (IPO) of public infrastructure investment trust of National Highways Authority of India (NHAI) to raise Rs 6,000 crore opens for bidding on Wednesday that will have around Rs 960 crore worth of units available for retail investors.
New 4.2-km elevated road to make travel between Southern Gurgaon and Dwarka Expressway hassle free: All you need to know
Soon, travelling between Southern Gurgaon and the Dwarka Expressway will be hassle-free for commuters with a new 4.2-km signal-free elevated corridor set to come up along the Southern Peripheral Road (SPR).
NHAI-backed Raajmarg InvIT to launch ₹6,000-crore IPO on March 11
Highway projects worth Rs 45,000 crore to take off in Pune
Union Minister for Road Transport and Highways, Nitin Gadkari, said road construction activities are expected to grow in FY27, and he does not anticipate any challenges. He acknowledged a slowdown in the highway projects because of the ministry’s mandate of completing 90% land acquisition and obtaining clearances from the forest and environment ministries before commencing projects. This process is time-consuming, leading to a slowdown.
West Asia conflict: Contractors flag concerns with NHAI on rising costs, supply chain disruptions
The highway builders and contractors in their meeting with the National Highways Authority of India (NHAI) have flagged challenges that they may face on the cost front due to conflict in West Asia and have sought steps for timely compensation.
NHAI pulling out all stops to ensure bitumen supply from state-run refiners amid West Asia shortage
Govt nod to Rs 177-crore project aimed at improving drainage infra, prevent waterlogging
With an aim to improve Delhi’s drainage infrastructure and prevent waterlogging during the monsoon, the Public Works Department (PWD) has approved a project worth Rs 177 crore for remodelling of stormwater drains, said officials.
Bengaluru gets Rs 40,000 crore for tunnel roads, metro expansion and flood fixes
When Karnataka Chief Minister Siddaramaiah presented his record 17th state Budget, one city dominated the spending blueprint: Bengaluru.
Highway projects worth Rs 45,000 crore to take off in Pune
Union Minister for Road Transport and Highways, Nitin Gadkari, said road construction activities are expected to grow in FY27, and he does not anticipate any challenges. He acknowledged a slowdown in the highway projects because of the ministry’s mandate of completing 90% land acquisition and obtaining clearances from the forest and environment ministries before commencing projects. This process is time-consuming, leading to a slowdown.
Infra companies diversifying to other segments as NHAI road orders remain subdued: Report
New Delhi: Infrastructure companies are increasingly diversifying their order books amid a slowdown in road project ordering, with competition intensifying and margin pressures rising in the sector, according to a report by PhillipCapital.
Raajmarg Infra Investment Trust InvIT IPO price band set at ₹99-100 per unit; check key dates, issue details
Raajmarg Infra Investment Trust InvIT IPO price band: The Raajmarg Infra Investment Trust InvIT IPO price band has been fixed in the range of ₹99 to ₹100 per unit. The Raajmarg Infra Investment Trust InvIT IPO date of subscription is scheduled for Wednesday, March 11 and will close on Friday, March 13. The allocation to anchor investors for the Raajmarg Infra Investment Trust InvIT IPO is scheduled to take place on Tuesday, March 10. The Raajmarg Infra Investment Trust InvIT IPO lot size is 150 units and in multiples of 150 units thereafter.
NHAI-backed Raajmarg Invit's ₹6,000 crore IPO to open on March 11
NHAI awards 111 km-long Odisha Ring Road project to three concessionaires
EPFO joins new NHAI InvIT as strategic investor
NHAI-backed Raajmarg Infra Investment Trust's IPO to open on Mar 11
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its ₹6,000 crore Initial Public Offering (IPO).
Private sector may commit a record ₹1 trillion to highways construction in FY27
New Delhi : Private investors are expected to commit close to ₹1 trillion towards highway construction in FY27, potentially marking the largest annual private sector investment in India’s roads sector, according to two people aware of the matter.
171 crore plan to revamp 19 roads in Vijayawada
Road ministry calls for Centre to set speed limits for national highways
Road ministry to come up with graded point system on driving licences to track offences
MoRTH road execution to moderate in FY27; toll growth seen at 6-8%: ICRA
New Delhi: Road execution by the Ministry of Road Transport and Highways (MoRTH) is expected to moderate to 9,000-9,500 km in FY2026-27, primarily due to a sustained slowdown in project awarding over the past three years, according to a ICRA report released on Wednesday.
MoRTH road execution to moderate in FY27; toll growth seen at 6-8%: ICRA
New Delhi: Road execution by the Ministry of Road Transport and Highways (MoRTH) is expected to moderate to 9,000-9,500 km in FY2026-27, primarily due to a sustained slowdown in project awarding over the past three years, according to a ICRA report released on Wednesday.
Highway toll growth set to moderate to 6–8% in FY27
Mumbai: Toll collections across national highways are expected to remain healthy, but marginally moderating to 6–8% in FY27 from 7-9% this fiscal supported by traffic growth despite lower inflation-linked toll rate hikes.
Five civic infra projects account for 42% of BMC capital expenditure
As the Brihanmumbai Municipal Corporation (BMC) tabled its annual budget before the civic standing committee on Wednesday, allocations for five major infrastructure projects together accounted for 42 per cent of the total capital expenditure of Rs 48,162 crore for the financial year 2026–27.
Road construction to moderate through FY27 as subdued project awards squeeze order book: Icra
Govt tweaks Build Operate Transfer agreement to share risks and rewards with contractors'
Centre scales up monetisation drive with Rs 16.7 lakh crore pipeline plan
The Centre on Monday unveiled the National Monetisation Pipeline (NMP) 2.0, setting an ambitious target of Rs 16.7 lakh crore for public-sector asset recycling between FY26 and FY30—about 67% higher than the initial estimate of Rs 10 lakh crore in projected upfront revenues and private investment.
Slow order awards, execution key concerns for infrastructure sector
Activity across infrastructure sectors in the third quarter of 2025-26 (Q3FY26) was slow due to underperformance in roads. Slow road awards have led to most engineering, procurement, and construction (EPC) companies lowering revenue and margin guidance for FY26. But activity is expected to pick up in Q4FY26. The Budget FY27 indicates that the Centre will continue to support infrastructure buildout.
Government rolls out mobile labs to monitor National Highway quality
Vertis InvIT plans to double AUM to ₹52,000 crore in two years; eyes ₹5,000–6,000 crore acquisitions annually
Road ministry to monitor highway quality using high-tech mobile vans