Golden Quadrilateral
The Hyderabad-based road developer, Madhucon Projects Ltd, plans to sell at least 74% stake in Madhucon Agra–Jaipur Expressways Ltd to IDFC Alternatives Ltd, the private equity (PE) arm of IDFC Ltd. Madhucon Agra-Jaipur Expressways runs the along National Highway (NH) 11 and connects NH 8 with NH 2, which are part of the Golden Quadrilateral. The expressway [...] Continue Reading »
NHAI once targeted to construct 20 Km road in a day. But the authority is lagging in pace for completing the projects. According to an official of The Parliamentary Standing Committee on Transport, Tourism and Culture, NHAI is not in a position to complete any project within the scheduled period. It is also reported that [...] Continue Reading »
