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Bangalore Elevated Tollway officials said that revised rates will come into effect following an annual adjustment based on the WPI, and will remain in effect for a year.
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A devastating collision on the Jaipur-Ajmer highway results in a massive fire, engulfing over 30 vehicles and claiming at least 5 lives. 37 others are critically injured, with many suffering severe burn injuries. The incident, involving a truck loaded with chemicals, has halted traffic and caused widespread chaos. Rajasthan's CM and local leaders have visited the hospital, pledging support for the victims. Watch to learn more about the tragic event and the ongoing efforts to control the blaze
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NCC Q4: Revenue rose 31 percent to Rs 6,484.9 crore, as the company reaped benefits of its record order wins in the previous year
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The expressway will help improve traffic flow and ease congestion between New Delhi and Gurugram on the National Highway-48.
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Revenue from operations jumped 34.5 percent to Rs 5,260.1 crore during the quarter as the company reaped the benefits of its record order wins witnessed in 2022-23, according to an exchange filing by NCC
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The National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways across the country.
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NCC's revenue from operations jumped 40 percent to Rs 4,719.61 crore during the quarter as the company reaped the benefits of its record order wins seen in 2022-23.
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Meanwhile, GreenCell Mobility, which launched NueGo in 2022, released an official statement confirming the incident and also said that it is currently conducting a thorough investigation into the cause of the incident
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Slowdown in exports, e-commerce and even the forthcoming elections will not have a great impact on the company’s bottomlines. The company is in fact, hoping to expand its orderbook and reduce debt in the near term.
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A new six-lane access-controlled highway is currently being developed in the National Capital Territory of Delhi from DND Maharani Bagh to the Junction with the Jaitpur-Pushta Road Section of NH-148NA.
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The Union Minister of Road Transport and Highways several works in the state's Konkan region were help up due to issues like land acquisition, permissions, contractor problems.
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HCC in a statement said the group is to receive a total of Rs 941 crore which includes upfront amount of Rs 677 crore and Rs 264 crore payable by the third quarter of 2023-24 in two tranches, contingent on traffic projections.
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The National Highways Authority of India (NHAI) in a statement said ATMS has been implemented for around 3,000 kilometres of national highways.
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By Fayaz BukhariSRINAGAR Roadworks have halted thousands of trucks carrying millions of dollars worth of apples on Indian Kashmir's main highw..
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While the pace of national highway (NH) construction in the country had touched a record 37 km per day in 2020-21, it had slowed to 28.64 km a day in 2021-22, due to pandemic-related disruptions and a longer-than-usual monsoon in some parts of the country.
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During 2018-19, the average waiting time for vehicles at toll plazas was 8 minutes. With the introduction of FASTags during 2020-21 and 2021-22, the average waiting time for vehicles has now come down to 47 seconds.
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The company did not disclose the quantum of the stake it has acquired in NQEPL.
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India's national highway construction slowed to 28.64 km a day in 2021-22 due to COVID-19 pandemic related disruptions and a longer-than-usual monsoon in some parts of the country.
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Minister Nitin Gadkari has taken forward his proposal of making six airbags mandatory for all eight-seater vehicles. Can airbags alone make Indian roads safer?
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The country’s three major players, which command a third of the global electric vehicle (EV) battery market, told Reuters they were all grappling with a shortage of research and engineering specialists as demand for the technology balloons.
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Amid the border standoff with China, Gadkari, in July 2020, had said that India will not allow Chinese companies to participate in highway projects, including those through joint ventures.
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"Keeping in view the growing Electronic Toll Collection (ETC) penetration in the country, it has been emphasized to have a new design and construct the upcoming toll plazas as per traffic projections for the next ten years to have an efficient toll collection system," NHAI said.
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The Delhi-Dehradun Expressway will be the country’s first highway with a 12-km elevated corridor wildlife protection.
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Despite concerns around the coronavirus outbreak, for the infrastructure sector, this period has been mostly Reboot-2.0, HDFC Securities has said in a report.
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In a letter to the Ministry of Road Transport and Highways and National Highways Authority of India, NHBF stated that the supply chain for materials is in doldrums.
