Category: Roads

The NHAI is involved in about 150 arbitration cases, with claims amounting to ₹1,09,000 crore in build-operate-transfer (toll and annuity) projects. Of these, 95 arbitral awards have been published, with claims amounting to ₹41,100 crore, while another 62 are ongoing cases amounting to claims of ₹83,800 crore

The highways ministry has identified 53 road projects worth Rs 2.1 lakh crore to be awarded on a build-operate-transfer model, an official statement said on Wednesday. Out of the total 53 projects for a length of 5,200 km, bids for seven highways with a length of 387 km worth Rs 27,000 crore have been invited, […]

The National Highways Authority of India will soon amend the model concession agreement for built-operate-transfer (BOT) model to attract investments as it aims to bid out 53 projects worth over Rs 2.2 lakh crore and covering a length of 5200 km. The proposed modifications include modifications in concession period based on actual traffic (PCU) vs […]

Prime Minister Narendra Modi on Wednesday said Indian ports have achieved double-digit annual growth in the past 10 years and beaten many developed nations in ship turnaround time. Earlier, ships had to wait long hours at ports and unloading took very long. “Today, the situation has changed,” the PM said after inaugurating three major infrastructure […]

PNC Infratech shares jumped 9% to Rs 420.8 in Tuesday’s trade on BSE after the firm reported that it sold an equity stake in 12 road assets to Highways Infrastructure Trust (HIT), an infrastructure investment trust (InvIT) backed by private equity firm KKR. PNC Infratech and PNC Infra Holdings, a wholly owned subsidiary of PNC […]

India’s longest bridge, the 22-km (14-mile) Atal Setu linking central Mumbai with a fast-growing commercial hub across the Arabian Sea, will open on Friday in a ceremony by Prime Minister Narendra Modi as a centrepiece of his government’s infrastructure drive. Modi’s five-year, $1 trillion infrastructure push across the country, a key part of his pitch […]

New Delhi: The government is working on a plan to build electric vehicle-ready highways on the Golden Quadrilateral in a major effort towards reducing fuel consumption and vehicular emissions through electrification of intercity public transport. People in the know told ET that the Centre is looking to develop 6,000 km of these highways. This is […]

India could soon roll out a new mega highways construction programme, in line with Narendra Modi-led NDA government vision 2047, replacing Bharatmala Pariyojana to enhance connectivity in the country. The proposed programme will clearly spell out parameters for eligibility criterion of roads to be identified as a national priority coupled with changes in Model Concession […]

The National Highways Authority of India (NHAI) will prepare a Green Cover Index in the next three years. This is being done in collaboration with the National Remote Sensing Centre (NRSC), an arm of the Indian Space Research Organization (ISRO). “Presently, the monitoring of plantations relies on site visits by field personnel,” an official statement […]

The much-awaited Mumbai Trans Harbour Link (MTHL) is set to achieve a significant milestone with its likely inauguration by Prime Minister Narendra Modi on January 12. Stretching over nearly 22km, including an impressive 16.5km expanse across the sea, the MTHL will stand as the country’s longest sea bridge and the world’s 12th longest. Commencing at […]

New Delhi, Union Minister Nitin Gadkari said the government has sanctioned Rs 1,170.16 crore for 29 road projects in Ladakh. In a post on social media platform X, Gadkari said Rs 1,170.16 crore has been sanctioned for 29 road projects, encompassing state highways and other major roads in the Union Territory.

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, on Wednesday, gave its go ahead to construction of a bridge on Bihar and widening of a road in Tripura entailing an investment of over Rs 5500 crore. “The CCEA gave its approval for the construction of new 4556 m long, 6-lane […]