Highway Project

The six-lane greenfield highway project on the Bengaluru-Vijayawada economic corridor will be developed on hybrid annuity model (HAM), according to an official statement.

CBI arrests NHAI, GR Infra officials amid alleged irregularities in highway project

CBI conducted searches in multiple locations in Shillong, Guwahati, Gurugram and Bengaluru

PNC Infratech emerges as lower bidder for Rs 1,602cr highway project in UP

"PNC Infratech has been declared the L1 (lowest) bidder for a NHAI project of 70-km long four laning of Unnao-Lalganj section of NH 232 A...in the state of Uttar Pradesh under NHDP IVB, to be executed on Hybrid Annuity Mode for a bid project cost of Rs 1,602 crore," the company said in a regulatory filing.

NHAI signs MoU with NIFF to source funds for highway projects

Speaking on Bharatmala Phase 1, transport minister Nitin Gadkari said the budgetary allocation of Rs 83,000 crore for 2019-20 can only be used for land acquisition and the estimated Rs 7.5 lakh crores need to be sourced from the market.

IRB Infra to start work on Rs 2,043-cr highway project in Gujarat

The company had won the 23.74 km project on hybrid annuity mode from National Highways Authority of India (NHAI) in March 2018.

Most farmers voluntarily giving land for highway project: Tamil Nadu CM

"Four-five in 100 farmers are refusing to give their land. Majority of the farmers had voluntarily come forward and given their land for the gree corridor project, he told reporters at the airport here.

Govt raises FY19 highway project award target to 20,000 km: Nitin Gadkari

However, the highway construction target for 2018-19 has been pegged at 16,420 km, and per day construction target has been fixed at 45 km for the current fiscal as against last year's about 27 km per day.

Gadkari announces Rs 40,000 cr expressway project in northeast

"Northeast is our priority. We are going to develop the first express highway of North East in Assam along the banks of Brahmaputra. This 1,300 km-long express highway is likely to incur an investment of Rs 40,000 crore," Gadakari said.

Government approves Rs 1,955 cr road link project

"The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the construction of a new link between Sahibganj bypass in Jharkhand to Manihari bypass in Bihar, including a four-lane bridge on river Ganga," an official statement said.

Gayatri Project wins Rs 926 cr highway contract in Bihar

"Gayatri Projects has secured a Rs 926-crore highway contract in the state of Bihar," the company said in a regulatory filing to the BSE.

IRB Infra wins Rs 2,100-cr highway project from NHAI

IRB Infrastructure Developers has received letter of award from National Highways Authority of India (NHAI) for Rs 2,100-crore highway project in Rajasthan and Gujarat.

ADB Oks 1st co-financing with China's AIIB for Pakistan road

The Asian Development Bank announced on June 10 its approval of a USD 100 million loan for a highway project in Pakistan, marking its first co-financing with the China-led Asian Infrastructure Investment Bank

Govt plans to keep 1% of highways project cost for road safety

India witnesses as high as 5 lakh road accidents per annum in which 1.5 lakh people die and another 3 lakh are crippled.

L&T wins Rs 2,125 crore contracts

"The construction arm of Larsen & Toubro has won orders worth Rs 2,125 crore across its various businesses. The transportation infrastructure business has bagged a new engineering, procurement and construction order worth Rs 821 crore from the National Highways Authority of India (NHAI)," the company today said in a statement.

Aim to grow 20-25% in FY17 on back of current orderbook: PNC

In an interview with CNBC-TV18, Yogesh Jain, MD of PNC Infra said that the company expects to growth by 20-25 percent in FY17 on the back of its current orderbook which stands at Rs 4600 crore after acquiring a new highway project.

Gammon Infra gets Rs 1684cr highway project from NHAI

Gammon Infrastructure Projects has got Rs 1684 crore Andhra Pradesh highway project from NHAI, reports CNBC-TV18.

ILandFS Transport gets project worth Rs 1818cr From NHAI

ILandFS Transportation Networks has got Himachal Pradesh highway project worth Rs 1,818 crore from NHAI, reports CNBC-TV18.

Ashoka Buildcon expects at least 15% growth for FY12

Ashoka Buildcon has recently bagged a highway project from NHAI worth around Rs 1,100 crore. The company might grow by at least 15%, said Chief Financial Officer Paresh Mehta.