Temporary channel opens for vessels to Baltimore port after bridge collapse

A third temporary channel for boats to enter and depart the Port of Baltimore has opened, expanding further shipping access as collapsed sections of the Francis Scott Key Bridge are salvaged before the span can ultimately be rebuilt. The alternate channel, located to the northeast of the fallen bridge, is open to commercially essential vessels, […]

NHAI identifies 33 highway stretches of 2,741 km for monetisation in FY25

State-owned National Highways Authority of India (NHAI) has identified 33 highway stretches cumulatively spanning 2,741 kilometres to monetise during the current financial year through toll operate transfer (TOT) and infrastructure investment trust (InvIT) modes. The identified stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai […]

Road ministry capex utilisation in FY24 closes at record high 99.93%

The Ministry of Road, Transport, and Highways (MoRTH) has reported the highest-ever capital expenditure (capex) utilisation of 99.93 per cent during the financial year 2023-24, government sources said on Tuesday. As against the budgetary outlay of Rs 2.645 trillion in FY24, the road ministry has spent Rs 2.643 trillion. By including private investments, the capex […]

MoRTH builds over 12,000 km of highways in FY24, 2nd highest so far

The Road Transport and Highways Ministry constructed 12,349 km of national highways in 2023-24, the second highest in its history, a senior government official said on Tuesday. Previously, the Ministry of Road Transport and Highways (MoRTH) had constructed a record 13,327 kilometres of national highways in 2020-21. National highways of 10,331 kilometres were constructed in […]