Success of TOT model critical for funding Bharatmala programme, says ICRA

New Delhi: The success of the toll-operate-transfer (TOT) model will be very significant for funding the government’s ambitious highway development programme Bharatmala, rating agency ICRA said Thursday. “The timely monetisation of mature road assets will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution […]

Gadkari to inaugurate, lay foundation stone of Rs 11,595-cr highway projects in UP

New Delhi: Union Minister Nitin Gadkari on Wednesday will inaugurate and lay the foundation stone of Rs 11,595-crore highway projects in Uttar Pradesh, the government said Tuesday. In addition, the minister will also lay the foundation stone of several projects under the Namami Gange programme, accompanied by Uttar Pradesh Chief Minister Yogi Adityanath. “Union Minister […]

Govt clears Rs 30,274 cr Delhi-Ghaziabad-Meerut Regional Rapid Transport System

New Delhi: The government on Tuesday approved construction of a Rs 30,274 crore worth Regional Rapid Transport System (RRTS) to connect the national capital with Meerut through Ghaziabad. The decision was taken during the Cabinet meeting here. “The Cabinet has approved construction of Regional Rapid Transit System (RRTS) covering a distance of 82.15 kilometres,” Finance […]