IRB Infra’s SPV, Yedeshi Aurangabad Tollway Pvt. Ltd. (YATPL), has partially commissioned its four laning highway project Yedeshi to Aurangabad, in the State of Maharashtra, on March 17, 2019; thus, throwing open all four lanes for vehicular traffic. The SPV is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. […]
Hyderabad: Internal roads of West Marredpally were dug-up to lay pipelines but they have not been retopped even after the work was completed. Residents complain that the road has become unuseable for four-wheelers. Over the last couple of weeks, different stretches of the roads in Marredpally including New Club road, Geeta Nursing Home road and […]
Bengaluru: After the post cards campaign against the proposed elevated corridor project, the citizen groups will be assembling at the Gandhi statue at Maurya Circle on Saturday to register their protest. The group, which had earlier spearheaded the Steel Flyover Beda movement, wants the government to cancel the tender process and instead take measures to […]
New Delhi: Lenders of debt-ridden Jaypee Infratech on Thursday asked state-owned NBCC Ltd and Suraksha Group to sweeten their offers for acquiring the bankruptcy-bound realty firm, sources said. NBCC, which has the backing of the government to takeover Jaypee Infratech, is unlikely to increase the offer of Rs 500 crore capital infusion but is ready […]
New Delhi: The success of the toll-operate-transfer (TOT) model will be very significant for funding the government’s ambitious highway development programme Bharatmala, rating agency ICRA said Thursday. “The timely monetisation of mature road assets will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution […]
Chamarajanagar: Stone quarries in and around Hirikati village of Gundlupet have dumped huge quantities of their waste on the side of National Highway-766 leading to Mysuru , posing a threat to commuters, especially two-wheeler riders. Unable to find a proper dumping ground as required by the Indian Bureau of Mines in the face of opposition […]
Kozhikode: The Mavoor Road Crematorium in Kozhikode North assembly constituency is readying for a significant revamp. It has received Rs 4.5 crore for the facelift primarily focusing on more infrastructural facilities. All the necessary permissions are in place, and the money comes from the Local Area Development Fund of the legislator A. Pradeep Kumar.
New Delhi: Union Minister Nitin Gadkari on Wednesday will inaugurate and lay the foundation stone of Rs 11,595-crore highway projects in Uttar Pradesh, the government said Tuesday. In addition, the minister will also lay the foundation stone of several projects under the Namami Gange programme, accompanied by Uttar Pradesh Chief Minister Yogi Adityanath. “Union Minister […]
New Delhi: The government on Tuesday approved construction of a Rs 30,274 crore worth Regional Rapid Transport System (RRTS) to connect the national capital with Meerut through Ghaziabad. The decision was taken during the Cabinet meeting here. “The Cabinet has approved construction of Regional Rapid Transit System (RRTS) covering a distance of 82.15 kilometres,” Finance […]
New Delhi: A Parliamentary panel on Wednesday suggested setting up a commission of enquiry into the IL&FS fiasco, including probing the role of the credit rating agencies (CRAs). Debt crisis in infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning September 2018. IL&FS is sitting on a debt […]
Kochi: The delay in releasing requisite funds has stalled the land acquisition proc-ess for construction of railway over bridge (RoB) at Vaduthala, while the failure of Kochi Corporation in handing over the requisite land to Roads and Bridges Corporation Kerala (RBDCK) has kept the RoB project at Atlantis in the backburner.
Hyderabad: Work related to the Khajaguda Model Road is going on at a snail’s pace with no sign of footpaths or streetlights coming up.