The Municipal Corporation of Delhi has deployed suction-cum-jetting machines on the city’s 35 roads, including the Mathura Road, Bhairon Marg, Panchsheel Marg and Mandir Marg, in view of the G20 Summit next month, according to an official statement issued Saturday. It said these machines will be used for scrubbing, cleaning and washing the roads and […]
Category: Roads
Shrem InvIT scraps plans for NCDs; opts for loan to acquire 10 road SPVs
Shrem InvIT has abandoned its plan to raise Rs 1,000 crore via debentures to complete the acquisition of 10 special purpose vehicles (SPVs) associated with roads belonging to Dilip Buildcon Ltd. The Infrastructure Investment Trust (InvIT) will instead raise Rs 860 crore through term loans, citing this approach as financially more efficient for completing transactions. […]
Road travel to IGI Airport to be affected on Sept 8-10 due to G20: Police
Road travel to IGI Airport will be affected from September 8 to 10 in view of the G20 summit, Delhi Police said in an advisory on Friday and suggested people to use the metro’s Airport Line for smooth and hustle-free movement. However, those who still want to travel to airport from different parts of the […]
Investment in road, highways key to sustaining economic growth: Report
India’s road and highway sector’s growth is vital not only for economic development but also for creating a more inclusive and connected society, a report has said. The report, released at a CII conference here on the road and highways sector, also emphasised the crucial role of road infrastructure in stimulating economic growth, fostering investor […]
Himachal: Kullu-Mandi Highway damaged after heavy rain, vehicles stranded
The Kullu-Mandi Highway in Himachal Pradesh was damaged following heavy rainfall in the district, an official said on Thursday. Hundreds of vehicles were stranded on the route. “There is a traffic jam stretching to nearly 5-10 kilometres. We have nothing to eat or drink. People are starving here. The snarl should be cleared soon,” a […]
Mizoram Congress accuses MNF of misusing funds meant for road project
The Mizoram Pradesh Congress Committee on Tuesday alleged that the ruling Mizo National Front (MNF) has misused funds amounting to Rs 178 crore designated for the Meidum-Hortoki road excavation project, according to a report by Eastmojo. Rs 44 crore was allocated for Phase I and Rs 133 crore for Phase II. The National Bank for […]
Expedite construction of 15,000 km rural roads: J’khand CM tells officials
Jharkhand Chief Minister Hemant Soren has asked officials to expedite the construction of 15,000 km of rural roads in the state without compromising the quality of work, a statement said on Thursday. During a meeting of the Road Construction Department on Wednesday, the chief minister was apprised of the fact that detailed project reports for […]
NHAI seeks industry views amid slow surety bond insurance products growth
In an effort to alleviate liquidity difficulties in the construction sector, the National Highways Authority of India (NHAI) is advocating for the adoption of surety bond insurance products for highway projects. The highway authority extended an invitation to stakeholders on Thursday for a discussion to hasten the integration of these bonds, aiming to address the […]
MCD identifies 18 more roads in Delhi for cleaning ahead of G20 Summit
The Municipal Corporation of Delhi (MCD) has added 18 more roads to the list of prominent streets identified for cleaning and upkeep ahead of the G20 Summit, officials said on Wednesday. A special drive was started by the civic body on August 16 for cleaning and upkeep of 26 prominent roads in the city in […]
Portion of Rishikesh-Badrinath NH-58 damaged in Chamoli, traffic stopped
Amid incessant rainfall in parts of Uttarakhand, a portion of the Rishikesh-Badrinath National Highway-58 between Purusadi in Chamoli district was damaged on Tuesday. According to the district administration, a 250-metre stretch of the highway in Purusadi was damaged because of which the local administration had to suspend the movement of traffic. Earlier, on Sunday, the […]
Turkey’s Erdogan slams peacekeepers for blocking road project in Cyprus
Turkey’s president on Monday criticized UN peacekeepers for blocking the construction of a road in ethnically divided Cyprus, calling the action unacceptable and accusing the peacekeeping force of bias against Turkish Cypriots. Speaking after a Cabinet meeting, President Recep Tayyip Erdogan said Turkey would not allow any unlawful behavior toward ethnic Turks on Cyprus, where […]
Rishikesh-Badrinath NH shows fresh signs of subsidence after cracks appear
A stretch about 50 metres long on the Rishikesh-Badrinath National Highway near Pursari village is showing signs of land subsidence with cracks appearing on it. The stretch located between Chamoli and Nandprayag is apparently sinking towards the Alaknanda River. Alarmed by the situation, authorities have warned vehicles coming from the mountainside to go slow. A […]