After years of viability concerns of private highway projects, the National Highways Authority of India (NHAI) has proposed sweeping reforms in the Build, Operate, Transfer (BOT) model and introduced projects worth Rs 2 trillion to be bid out in the coming months. The 53 projects, spread across various states, will span a length of 5,200 […]
Category: Roads
FASTags with incomplete KYC to be deactivated after Jan: How to update info
The National Highways Authority of India (NHAI), on Monday, announced that the FASTags with incomplete KYC will get deactivated by banks post January 31, 2024, even if they have unused valid balances. The development follows as the state-owned body has taken the ‘One Vehicle, One FASTag’ initiative in a bid to discourage linking multiple FASTags […]
Road safety topmost priority, will reduce accident deaths by 50%: Gadkari
Road safety is the topmost priority of the government, which has set a target to reduce accident deaths by 50 per cent by 2030, Union Minister Nitin Gadkari said on Tuesday. Addressing an event organised by industry body CII, Gadkari further said change in social behaviour is very important along with focusing on strengthening 4Es’ […]
Nitin Gadkari targets 50% reduction in road accident deaths by 2030
Union Minister for Road Transport and Highways (MoRTH), Nitin Gadkari, stated that the ministry intended to cut road accident deaths by 50 per cent by 2030. Addressing the CII National Conclave on “Road Safety – Indian Roads@2030 – Raising the Bar of Safety,” Gadkari highlighted the significance of changing social behaviour and strengthening the “4Es […]
Hours after opening, Atal Setu becomes picnic spot; 200+ motorists fined
Within days of its inauguration by Prime Minister Narendra Modi, images and videos of people littering and flouting rules on the Mumbai Trans Harbour Link (MTHL) flooded social media platforms. The newly inaugurated bridge saw thousands of vehicles, with picnicking commuters taking selfies and turning it into a tourist spot, angering netizens who demanded action […]
FASTags with incomplete KYC to be deactivated post Jan 31, says NHAI
State-owned NHAI on Monday said FASTags with valid balance but with incomplete KYC will get deactivated by banks post January 31, 2024. To enhance efficiency of electronic toll collection system and provide seamless movement at toll plazas, NHAI has taken ‘One Vehicle, One FASTag’ initiative that aims to discourage use of single FASTag for multiple […]
Highway Infrastructure Trust to acquire 12 road projects for Rs 9,005 cr
Highway Infrastructure Trust has signed definitive agreements with PNC Infratech Ltd and PNC Infra Holdings Ltd for acquisition of 12 road projects at an enterprise value of Rs 9,005.7 crore. The target portfolio comprise 11 Hybrid Annuity (HAM) concessions from NHAI and 1 toll road concession from Uttar Pradesh State Highways Authority (UPSHA) and represents […]
KKR-backed Invit snaps up 12 road projects for Rs 9,005.70 crore
KKR-backed Highways Infrastructure Trust (HIT) will acquire 12 road projects from PNC Infratech and PNC Infra Holdings at an enterprise value of Rs 9,005.7 crore. This will be one of the biggest acquisitions in the road and highways sector. The transaction is subject to certain regulatory and customary conditions, including approval from regulatory authorities and […]
Atal Setu: Mumbai gets India’s longest sea bridge, operations begin today
The Mumbai Trans Harbour Link (MTHL), perhaps the most anticipated infrastructure project in the city, is set to open for regular traffic this Saturday, after Prime Minister Narendra Modi inaugurated India’s longest sea bridge on Friday. Named the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, the 21.8 km-long, six-lane engineering marvel, of which 16.5 km […]
Major boost for infra in Maha: Modi inaugurates projects worth Rs 30,500 cr
Prime Minister Narendra Modi on Friday inaugurated projects worth more than Rs 30,500 crore during his visit to Maharashtra, including the country’s longest bridge and seabridge, the extension of a suburban rail corridor and a mega facilitation centre for gems and jewellery, and laid the foundation stone of a tunnel road in south Mumbai. He […]
PM Modi inaugurates Atal Setu, India’s longest sea-bridge in Mumbai
Prime Minister Narendra Modi on Friday inaugurated the Rs 17,840 crore Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, the longest bridge as well as the longest sea bridge in the country connecting south Mumbai with Nhava-Sheva in Navi Mumbai. The six-lane trans-harbour bridge is 21.8 km long with a 16.5 km long sea-link. The bridge […]
Mumbai Trans Harbour Link not open to motorists, autos: Check traffic rules
Mumbai Trans Harbour Link updates: Motorbikes, auto rickshaws, and tractors won’t be allowed to ply on the Mumbai Trans Harbour Link (MTHL), while four-wheelers will have to adhere to a maximum speed limit of 100 kilometres per hour (kmph), the police said on Wednesday. Ahead of the launch of India’s longest sea bridge on January […]