Construction cos prefer pure EPC jobs to annuity projects

ET Intelligence Group: The recent tendering for securing orders from the National Highway Authority of India (NHAI) shows a clear trend that is building up among construction companies. They have shown an increasing preference for non-highway, pure Engineering Procurement and Construction (EPC) orders instead of Hybrid Annuity Model (HAM) projects. The tendering amount for nonhighway […]

Sikh Americans urge India not to let tension with Pakistan to impact Kartarpur Corridor work

Sikh-Americans have urged the Indian Government to ensure that the work on the landmark Kartarpur Corridor is not impacted by the tension between India and Pakistan in the aftermath of the Pulwama terrorist attack. Tensions between India and Pakistan flared up after a suicide bomber of Pakistan-based Jaish-e-Mohammed killed 40 CRPF personnel in Jammu and […]

Union ministers lay foundation stones for Rs 1 lakh crore Delhi-Mumbai, Dwarka expressways

NEW DELHI: Union ministers Sushma Swaraj, Arun Jaitley and Nitin Gadkari Friday laid the foundation stones for two high-speed highway corridors — Rs 90,000 crore Delhi-Mumbai Expressway and Rs 9,000 crore Dwarka Expressway here. The ministers also dedicated the Rs 1,217 crore Jaipur Ring Road to the nation. The Dwarka Expressway, once completed, will open […]

Rajnath Singh to inaugurate, lay foundation stone for Rs 1 lakh cr highway projects in UP

NEW DELHI: Home Minister Rajnath Singh will on Thursday inaugurate and lay foundation stone for 80 highway projects, including Lucknow-Kanpur-Expressway, worth Rs 1 lakh crore, as per an official statement. Singh, accompanied by Union Minister Nitin Gadkari and UP Chief Minister Yogi Adityanath, will also inaugurate and lay foundation stone for Namami Gange projects worth […]