Bharatmala

More than a year after NHAI floated Rs 4,750-crore tenders for five packages of STRR-West, the agency has yet to finalise them, awaiting approval from the Cabinet Committee on Economic Affairs (CCEA).

Logistics sector: Cruising along the road to profitability

Aided by industry tailwinds and increased economic activities, the logistics sector is set to grow at a healthy rate

Govt panel evaluates 18 road infra projects proposed by road ministry

The development comes after report that the ministry is now pushing for individual road projects after its flagship scheme Bharatmala has been put on backburner

Bharatmala Phase 1 completion deadline extended by 6 years to 2027-28

The escalated cost of Bharatmala has been a cause of concern, and the Union Finance Ministry told MoRTH in 2023 not to award any new project under the scheme till there is Cabinet approval on the revised cost of the project.

Bharatmala project may face delays of around six years, says ICRA

According to ICRA, if the Indian government manages to execute around 4,500-5,000 km of projects under the Bharatmala scheme, all projects will be completed by 2027-28.

Explained | Why PM Gati Shakti National Master Plan is crucial for infrastructure push

Launching the Gati Shakti initiative, PM Modi said that due to the wide gap between macro planning and micro implementation, problems of lack of coordination, lack of advance information, thinking and working in silos were leading to hampered construction and wastage of budget.

PM Modi launches GatiShakti master plan for national infrastructure development

PM GatiShakti is a National Master Plan for multi-modal connectivity to economic zones, a digital platform which will bring 16 ministries including rail and roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.

COVID-19, viability issues & turf tussles stall govt’s mega plan for logistics parks

The government’s plan to set up multi-modal parks to reduce logistics costs has made very slow progress and officials say that because of the pandemic and economic slowdown, private investment will be limited if these projects are rushed.

Road sector on a roll, but rising competition is a key risk

The concern is that rising competition would lure smaller companies into the fray that may not have the financial muscle to tide over rough patches 

Gujarat expressway project: Environment Ministry panel pulls up NHAI for EIA report 'peppered with errors'

The EIA report for the project had listed a few species which apparently are not found in India, with some of these even being endemic to other parts of the world.

Budget 2020 | Govt may increase capital outlay in infra, give roadmap for NIP: ICRA

Over the last few years, as the NHAI has significantly scaled up the pace of highway infrastructure development, ICRA expects the allocation to increase by at least 40%

FY 2021 crucial for Bharatmala; expect enhanced budgetary allocation: ICRA

Total budgetary allocations to fund the ambitious new highway development programme is estimated at Rs 3,43,045 crore over FY2019-2022 –- averaging around Rs 86,000 crore per annum.

NHAI explores financing, plans to raise Rs 85,000 crore from asset monetisation: Report

Gadkari indicated that asset monetisation would provide most of the funds in the future.

NHAI to prioritise Bharatmala projects that are ripe for monetisation: Report

Projects which would give higher yields due to traffic density and demand would be fast-tracked with an aim to ‘recycle assets faster’

Budget 2019| FM puts highways on fast track with Rs 82,570 crore push

The Bharatmala Pariyojana is an umbrella programme, comprising about 65,000 km of Highways.

Infra growth to remain stable in FY20: Ind-Ra

According to its report released on February 11, the agency expects the infrastructure sector to remain stable in FY20 on the back of “stable economic growth”

Budget 2019: Govt increases highways budget by 6%, allocates Rs 83k crore for 2019-20

Highways sector has been one of the best performing areas of the government with the government expenditure rising from Rs 34,345.2 crore in 2014-15 to Rs 78,625 crore in 2018-19

Budget 2019 | Modi government can be chuffed with progress in highway construction

Infrastructural development, and especially highways, has been the key focus area for this government.

Centre to add 4,000 km of greenfield highways under Bharatmala phase 2

Some of the identified greenfield highways include Patna-Rourkela, Jhansi-Raipur, Solapur-Belgaum, Bengaluru-Kadappa-Vijayawada, Gorakhpur-Bareilly and Varanasi-Gorakhpur.

Opinion | 2019 has opportunities galore in airports and roads

Bharatmala, UDAN and NABH will bring about seminal changes in infrastructure sector

Highway programme, Bharatmala, derailed due to high cost, tardy procedures

According to the report, the incurred or actual capital cost to construct the highways is 50 percent higher than the estimated cost

Expect to award 50 percent projects under phase-I of Bharatmala by December: Nitin Gadkari

The worth of the projects bid out last year stands at Rs 6,000 crore while the ministry expects to bid projects worth at least Rs one lakh crore by December this year

NHAI’s financial needs to touch Rs 1.3 trillion by 2020 : Kotak Securities

Of the over 16,000 km construction target, NHAI has been entrusted with construction of 6,000 km of national highways.

Issue InvIT after round two of toll-operate-transfer bids: FinMin asks NHAI

The Centre wants to wait out for a few more rounds of TOT bidding.

Wish to start five star cruises in Ganga: Nitin Gadkari

Moneycontrol caught up with union minister of Road Transport and Highways, Shipping and Water resources, River development and Ganga rejuvenation to talk about infrastructure developments in the country, road map for 2018 and push towards waterways as a means of transportation.