Yogi Adityanath paves way for linking Noida Airport to Delhi-Mumbai E’way

NEW DELHI: Paving the way for seamless connectivity to and from the upcoming Noida International Airport (NIA), Uttar Pradesh CM Yogi Adityanath has approved an additional almost Rs 49 crore for a key road project. The DND-Faridabad-Ballabhgarh Bypass Link Road will link the Delhi-Mumbai Expressway to the upcoming airport at Jewar, Greater Noida. “The state […]

CAG raises concerns over delegation of powers within NHAI to appraise & approve govt-funded projects

NEW DELHI: The Comptroller and Auditor General of India has flagged concerns over the National Highways Authority of India (NHAI) delegating the powers within the organisation for appraisal and approval of fully government funded projects. It has observed that this delegation of power implied non-separation of roles of execution, appraisal and approval of projects and […]

CAG flags Bharatmala bidding irregularities

NEW DELHI: The federal auditor, in its latest report, has found irregularities in award of the government’s flagship Bharatmala highway projects and said that the implementing agencies violated the tendering processes. The violations include successful bidder not fulfilling tender conditions or bidder selected on the basis of falsified documents and award of works without approved […]

Nitin Gadkari, Maharashtra CM Shinde & deputy CMs to chalk out road safety strategy in state

NEW DELHI: Concerned over high number of road deaths, Union road transport minister Nitin Gadkari, Maharashtra chief minister Eknath Shinde and two deputy CMs will hold a brainstorming session in Pune on Saturday. Sources said while the leaders will take a comprehensive review of the status, the meeting will focus on all national highways in […]

RBI sops for infra debt funds to diversify core sector lending

MUMBAI: In a boost to core sector financing through infrastructure debt funds (IDFs), the Reserve Bank of India has relaxed several norms for NBFC-IDFs, levelling the playing field with other lenders. IDFs are specialised investment vehicles channelling long-term domestic and international funds for financing projects. IDFs can be set up as NBFCs or mutual funds, […]

Close to 32,000 trees may be axed for Hassan-Hiriyur greenfield corridor

BENGALURU: A whopping 32,000 trees have been identified for removal to build a greenfield highway connecting the three districts of Hassan, Tumakuru and Chitradurga. The National Highways Authority of India (NHAI) is building the economic corridor under Bharatmala Pariyojana. As per the final environmental impact assessment report, the alignment starts from NH 75 (Bengaluru – […]