The government is constructing several greenfield expressway projects totalling 10,000 km across the country at a cost of Rs 4.5 lakh crore, Union Minister Nitin Gadkari said Monday. The road, transport and highways minister said the road network is being set up under the Bharatmala Pariyojana. The National Highways Authority of India (NHAI) has generated […]
Category: Roads
Roads
NHAI burdening courts with unnecessary litigations, says Kerala HC
The Kerala High Court has criticised the National Highways Authority of India (NHAI) saying it has become a common practice of the authority to burden the courts with a spate of litigations and that its delay in granting compensation results in payment of heavy interests. In its order, the division bench of the High Court […]
Highway project in Nagaland aims at improving connectivity in Northeast
In a bid to bolster the connectivity in the Northeast region, the ruling establishment at the Centre has put spotlight on highway projects. The government has undertaken the development of a 25-km two-lane highway in Nagaland to boost the road connectivity to Northeast states, says Nitin Gadkari, Union Minister for Road Transport and Highways. Gadkari […]
Maharashtra CM Eknath Shinde inaugurates second phase of Samruddhi Corridor, opening 600 kms of Mumbai-Nagpur route
The second phase of the Samruddhi Corridor between Shirdi and Bharvir in Nashik district was inaugurated on Friday by Maharashtra Chief Minister Eknath Shinde. Post inauguration, around 600 kilometres of the total 701-km route between Mumbai and Nagpur is now open for the public. The 80-km stretch under phase 2 will ease the commutation to […]
NHAI eyes Rs 60k crore via asset monetisation
The National Highways Authority of India (NHAI) has drawn up an ambitious plan to monetise 46 operational highway stretches of total length of 2,612 kilometres in the current financial year to beef up resources for its road building programme. The pipeline of projects that have been identified for monetisation in 2023-24 could be valued at […]
Andhra govt boosts road infra, lays foundation stone for Rs 630 crore road construction in Nandyala district
Construction and expansion of roads and national highways are considered to be the backbone of the growing economy of the country. In line with the vision of enhancing road connectivity, the Andhra Pradesh government is working hard to boost the road infrastructure. State Finance Minister Buggana Rajendranath has laid foundation stone for construction of road […]
ORR Toll Scam is thousand times bigger than Delhi liquor scam: TPCC Chief
Telangana Pradesh Congress Committee Chief Revanth Reddy alleged that Outer Ring Road (ORR) scam is a thousand times bigger than the Delhi liquor scam. He said ORR became the gateway to quench Chief Minister’s son KT Rama Rao’s thirst for money. Talking to the media here on Friday, the TPCC chief said, “ORR Toll Scam […]
FinMin agrees to allow highway contractors to convert bank guarantees into surety bonds, says Gadkari
Union Minister Nitin Gadkari has said the finance ministry has agreed to allow contractors engaged by state-owned NHAI and NHIDCL to convert their bank guarantees into insurance surety bonds. Gadkari had recently said changes will be made to the surety bond offering to make it more lucrative as no contractor is buying it because of […]
Dwarka Expressway will be completed in next 3-4 months: Nitin Gadkari
Dwarka Expressway, India’s first elevated urban expressway, being constructed at an estimated cost of Rs 10,000 crore, as part of the Delhi decongestion plan, will be completed in the next 3-4 months, Union Minister Nitin Gadkari said on Thursday. The Expressway will be completed in four packages, he added. The road transport minister said Dwarka […]
Toll operators in India to see a revenue jump of 16-18% in FY23: CRISIL
Backed by high inflation and healthy traffic growth, the revenue of toll road operators in India is expected to jump a significant 16-18 per cent in 2022-23 (FY23), shows data revealed by rating agency CRISIL on Tuesday. In FY24, the revenue growth will continue to be strong, but it will be a lower 9-11 per […]
GR Infra lowest bidder for 2 NHAI projects worth Rs 1,613 cr in Karnataka
GR Infraprojects Ltd on Tuesday said it has emerged as the lowest bidder for two NHAI projects worth Rs 1,613.84 crore. The financial bids were opened on March 28, 2023, GR Infraprojects said in a BSE filing. “Our company has emerged as an L1 bidder in a financial bid for the following tenders invited by […]
Gorakhpur Link expressway to be ready soon
The Gorakhpur Link Expressway will soon be ready for operation, giving a major boost to roadways development in Uttar Pradesh. According to the latest audit, more than 62 per cent of the construction work on the expressway has been completed. The entire project, which is 91.35 km long and begins from Jaitpur in Gorakhpur and […]