NHAI
Slowdown in Capex Spending by Telecom, Railways, and Other Sectors
The telecom department and the ministries of defence, railways, and highways are among the key sectors witnessing reduced capital expenditure this fiscal year. The department of economic affairs (DEA) also reported slower spending up to November. Data from the Controller General of Accounts reveals that during April-November 2023, the Department of Telecommunications (DoT) utilized […]
Read MoreNHAI Digital Highways Faces Delays, New Optic Fiber Cable Tender Expected
The National Highways Authority of India’s (NHAI) ambitious plans to develop approximately 10,000 kilometers of Optic Fibre Cables (OFC) infrastructure, commonly referred to as “digital highways,” across the country by 2024-25 have faced setbacks. According to several officials familiar with the matter, the Authority’s efforts have been hindered as it has struggled to procure cables […]
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