MUMBAI: There is a surfeit of road projects on sale in recent months, which is leaving investors spoiled for choice. While on the one hand there are corporate houses like IL&FS, Reliance Infra and Essel seeking to free up capital, on the other, the government is seeking to monetise existing toll roads with NHAI to…
MUMBAI: Road fatalities in Mumbai reduced by 21% from 490 in 2017 to 389 last year, indicating that interventions are making a difference. Fatal road crashes and deaths were the lowest in 2018 compared to the previous four years. The traffic police have attributed the reduction in figures to their focus on ‘black spots’ and…
CHENNAI: In a bid to boost the road infrastructure in Tamil Nadu and to match the growing demand of the burgeoning vehicular population, the Union ministry of road transport and highways has taken up six projects for conversion to six or eight lanes, besides the contentious Salem-Chennai greenfield corridor project and Chennai Port-Maduravoyal elevated corridor.
New Delhi, Dec 17 () IL&FS group, which sits on a debt pile of about Rs 90,000 crore, said Monday it will sell equity stakes in its road assets to raise funds.
New Delhi, Dec 17 () The government Monday approved a new four-lane bridge with a cost of Rs 2,926.42 crore, parallel to the existing MG Setu, across the Ganga river on NH-19 at Patna.
MUMBAI: The break-up and sale of the IL&FS group has gathered pace with the new government-appointed board putting on the block road assets worth Rs 25,000-30,000 crore, which account for almost a third of the group’s liabilities.
CHENNAI: In future, all bridges constructed along the National Highways (NH) in the country will have sensors to keep track of their maintenance. Taking a step forward in the use of technology for the upkeep of NHAI assets, the Union ministry of road transport and highways is also planning to use unmanned aerial vehicles (UAV)…
New Delhi, Dec 14 () Prime Minister Narendra Modi will on Sunday dedicate to the nation the renovated 133-km Raebareli stretch of National Highway 232, an important link among Bundelkhand, Chitrakoot, Lucknow and Purvanchal areas in Uttar Pradesh, the government said Friday.
MUMBAI: Angry over the bad conditions of roads in the country, Union minister for road transport and highways Nitin Gadkari on Thursday evening threatened to run a bulldozer over contractors.
NEW DELHI: The intersections at NH-24 and Bhairon Marg on Ring Road and the IIT crossing on Aurobindo Marg are the three busiest junctions in south and central Delhi, according to an assessment of traffic flow during morning and evening peak hours. And the big culprit of the congestion are the cars and taxis.