China’s BRI back on track after 3 yrs with infra projects in Southeast Asia

China has announced approval for infrastructure projects in mainland Southeast Asia at this year’s round of Association of Southeast Asian Nations (ASEAN) summits. Beijing’s announcement on Thursday indicated that Belt and Road initiative is back on agenda after almost three years due to the COVID-19 pandemic, VOA News reported. The infrastructure projects announced by China […]

Gadkari inaugurates two Rs 3,390-cr national highway projects in Bihar

Union Minister for Road Transport and Highways Nitin Gadkari on Monday inaugurated two National Highway projects worth Rs 3,390 crore in Bihar’s Buxar in the presence of Union Minister of State Ashwini Kumar Choubey, Bihar BJP president Sanjay Jaiswal and other officials. Gadkari said with the 44 km 4-lane Koilwar to Bhojpur section on NH-922 […]

Gadkari approves Rs 68,000-cr road projects in four Northeastern states

Union Minister of Road Transport and Highways Nitin Gadkari on Wednesday approved a slew of new road projects, valued at Rs 68,000 crore, in four Northeastern states to make international standard surface connectivity. Addressing a late-night press conference after reviewing various national highway projects in the region, Gadkari said that new projects are worth Rs […]

Union Minister Gadkari sets target to construct 60 kms of highway per day

Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said his target is to construct 60 kilometres of highways per day. Gadkari further said good road infrastructure creates prosperity and employment. “We are constructing 40 kilometers of highways per day, our target is to construct 60 kilometers of highways per day,” he said at […]

Bharat Highways InvIT to raise Rs 3,000-crore through rupee-term loans

Bharat Highways InvIT (BH InvIT) plans to raise Rs 3,000 crore through rupee-term loans (RTLs) in an arrangement to repay existing debt of seven operating road assets that it is set to acquire. These road assets are located in Punjab, Gujarat, Andhra Pradesh, Maharashtra and Uttar Pradesh. Bharat Highways InvIT, floated by GR Infraprojects, will […]