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NHAI to offer Rs.440 billion worth of BOT road projects in FY25
ROADS & HIGHWAYS

NHAI to offer Rs.440 billion worth of BOT road projects in FY25

The National Highways Authority of India (NHAI) plans to offer 15 road projects worth Rs.440 billion, covering 900 km, for bids under the build-operatetransfer (BOT) mode in FY25. If successful...

The National Highways Authority of India (NHAI) plans to offer 15 road projects worth Rs.440 billion, covering 900 km, for bids under the build-operatetransfer (BOT) mode in FY25. If successful, this could mark the comeback of public-privatepartnership projects in highways. The government earlier this year amended the model concession agreement to make it attractive for the private sector to invest in road construction. The 15 projects for this fiscal year are a part of the government’s plan to offer 53 projects worth over Rs.2.2 trillion, covering route length of 5,200 km, under BOT mode over the next three to five years. There is a lot of traction for BOT projects following the amendments to the model concession agreement and the ministry will capitalise on this. Under the BOT mode, the successful bidder constructs, operates and maintains the awarded highway, recovering the investment through toll rights for a specific period. Of 176 projects awarded in 2023- 24, only one project was on BOT mode while all the others were awarded on engineering, procurement and construction basis (EPC) or the hybrid annuity model

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Equipment

Escorts Kubota Launches BLX 75 Backhoe Loader

Escorts Kubota has rolled out its latest backhoe loader, the BLX 75, designed to boost efficiency and productivity in earthmoving operations. Launched under the E-Kubota brand, this machine is currently available only in the Indian market. The company has no immediate plans to introduce the BLX 75 internationally, focusing instead on strengthening its domestic product lineup under the E-Kubota banner.Escorts Kubota, based in Faridabad, Haryana, is a diversified engineering company. Founded in 1944 as Escorts, the company was rebranded in June 2022 after Japan’s Kubota Corporation increased i..

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Resources

NAREDCO Mahi Advocates Women-Led Growth for $1 Trillion Realty Goal

In a strong endorsement of women’s growing role in infrastructure and real estate, NAREDCO Mahi, the women’s wing of the National Real Estate Development Council (NAREDCO), held a media interaction today in the capital. The event served as a curtain raiser to the upcoming 4th NAREDCO Mahi Convention, slated for 27th June, and focused on enabling women to lead India’s real estate growth as part of the nation’s Viksit Bharat 2047 vision. With India’s real estate sector currently valued at over $265 billion and projected to reach $1 trillion by 2030, women remain underrepresentedâ€..

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Real Estate

Swamiraj Rebrands as House of Swamiraj, Announces Rs 210 Cr Project

In a strategic shift marking its evolution from a reputed builder to a lifestyle-focused brand, Swamiraj Constructions has rebranded as House of Swamiraj. With a two-decade legacy and over 1,700 homes delivered across the Mumbai Metropolitan Region (MMR), the company is embracing a new phase centred on community-driven, wellness-oriented living. The rebranding was unveiled via a digital campaign titled #BeyondDimensions, executed in three phases—teaser, engagement, and launch. The campaign spotlighted the brand’s renewed commitment to designing homes that go beyond function to foster ..

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