Highway Projects

On Saturday, Gadkari interacted with BJP workers and discussed various issues related to the development of the archipelago.

Macquarie weighs sale of 9 highway projects in India for $1.5 billion

The firm is in preliminary discussions with advisers about the potential deal, sources told Bloomberg, asked not to be identified discussing a private matter.

Nitin Gadkari lays foundation stones for Rs 3K cr national highway projects in Andhra Pradesh

The national highway projects, once completed, will provide greenfield road connectivity to Kakinada SEZ, SEZ port, fishing harbour and Kakinada Anchorage Port.

Highway projects worth Rs 8,000 crore to be monetised via InvIT in six months

In October, the government monetized a road bundle of 390 km by transferring it to NHAI’s InvIT through the National Highways Authority of India (NHAI).

Assam’s pumpkins may have reached Dubai, but state still lags far behind in export competitiveness

As Assam prepares for elections, a look at its economic indicators shows that it fared well in highway and rural road construction despite being ravaged by floods.

Centre has approved highways projects worth Rs 2,185cr for Puducherry

Union Minister for Road Transport and Highways Nitin Gadkari had during a recent visit to review projects in Puducherry, approved development of highways and introduction of four-way lanes linking the union territory with important segments at a cost of Rs 2,185 crore, he said here.

Highway projects worth Rs 15 lakh cr ready to be offered in next 5 years: VK Singh

Regarding the slowdown in the economy, the Minister of State for Road Transport and Highways V K Singh said, it is a "temporary phase".

Nitin Gadkari to inaugurate two highway projects in Punjab

The Punjab minister said in an official release that 216.35 km long Zirakpur-Patiala-Sangrur-Barnala-Bathinda section includes two railway over bridges and 16 flyovers. Similarly, the project has one major bridge, 40 small bridges and 7 foot over bridges constructed in its way. The road also has 32 major junctions and 212 smaller junctions for tariff decongestion.

NHAI awards Rs 4,453 cr highway projects in Tamil Nadu, Puducherry

"The NHAI has issued Letter of Award (LOA) for development of National Highway sections in Tamil Nadu and Puducherry on Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I," the Ministry of Road Transport and Highways said in a statement.

Centre takes up Rs 34K cr road projects to decongest Delhi: Govt

Chairing a high-level meeting on 'Projects on Decongestion of Delhi, Union Road Transport Minister Nitin Gadkari said a comprehensive exercise for decongesting arterial road network of national highways connecting NCT Delhi was on.

Nitin Gadkari lays foundation stone of Sikkim highway projects

The highways would connect the state capital with Singtam, Ravangla, Pakyong and Rangpo, officials said.

Need to fast-track highway projects: Nitin Gadkari

The Road Transport and Highways Minister, who reviewed the projects by NHAI, said, "While a record 16,271 km of National Highways have been awarded and 8,231 km constructed during the year 2016-17, work needs to be done at a much faster pace to award more projects and construct those that have been awarded."

Nitin Gadkari meets bankers to revive stalled highway projects

In order to revitalise the stalled highway projects, Road and Transport Minister Nitin Gadkari on Monday met bankers in Mumbai to discuss funding of highway projects.

Investors aim stake buy in Rs 245 bn highway projects: Ind-Ra

"Investors are keenly looking to pick up stake in projects worth Rs 245 billion of completed highways with an average of six years of operational history," India Ratings and Research (Ind-Ra) said.

Govt approves Rs 2,600 cr highway projects across five states

"The standing finance committee (SFC) cleared nine projects worth Rs 2,600.31 crore for 414 km," a road transport and highways ministry official said. The SFC meeting was chaired by Road Transport and Highways Secretary Sanjay Mitra.

Govt approves Rs 7,457 cr highway projs in 11 states

"The standing finance committee (SFC) today cleared 16 projects worth Rs 7,456.88 crore for 622 km," Road Transport and Highways Secretary Sanjay Mitra told reporters.

NHAI awards Rs1,646-cr contract to Ashoka Buildcon,Ramky Infra

National Highways Authority of India (NHAI) has awarded contracts worth Rs 1,646 crore to Ashoka Buildcon and Ramky Infrastructure for building two highway projects in Jharkhand.

Land acquisition pace up after enhanced compensation: Gadkari

Even farmers who had parted with their land for the projects earlier are to get enhanced compensation under the new land acquisition law in case they are yet to be compensated under the old legislation.

Govt approves Rs 34,000-cr road projects in February

With approval, the number of projects cleared by Road Transport and Highways Ministry this month so far has swelled to 37, entailing a total investment of about Rs 34,000 crore.

Jaitley, Gadkari to meet top bankers, road developers tomorrow

The meeting assumes significance as the government after a series of meetings with bankers and developers had resolved issues pertaining to 58 projects but 20 projects worth over Rs 20,000 crore are still stuck.

Govt approves hybrid annuity model for highway projects

The erstwhile Planning Commission has developed the first version of the Model Concession Agreement for roads in 2006.

Govt to offer higher award for land acquired for road projects

Farmers who parted with their land for highway projects are to get enhanced compensation under the new land acquisition law in case they are yet to be compensated under the old legislation.

Punj Lloyd wins Rs 1,555 crore worth highway contracts

The engineering, procurement and construction (EPC) projects in Bihar, Chhattisgarh and Odisha have been awarded to Punj Lloyd by the National Highways Authority of India (NHAI) while the order in Punjab has been won from the Ministry of Road Transport and Highways (MORTH), the company said in a statement.

7,500 km of BOT highway projects at risk: CRISIL

According to CRISIL Ratings, around 7,500 km of highway projects -- 5,100 km under construction and 2,400 km operational – awarded mostly between fiscals 2010 and 2012 on a build, operate, transfer, or BOT, basis, are at high risk today. "But recent government initiatives, lower interest rates can stem further slippage", says the report.

Highway projects worth Rs 67,000 crore at high risk: Crisil

Around 50 per cent of the projects under-construction are at high risk of not being completed because of significant cost over-runs and weak wherewithal of sponsors.