Category: Roads

As many as 411 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.31 lakh crore in October this year, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 150 crore and […]

The IL&FS group is considering selling a few of its road assets, as its board is facing challenges to transfer those to an infrastructure investment trust (InvIT) as planned. IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferred five of the […]

The IL&FS group is considering selling a few of its road assets, as its board is facing challenges to transfer those to an infrastructure investment trust (InvIT) as planned. IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferred five of the […]

THIRUVANANTHAPURAM: The state government will take a call on the bidding made to construct the proposed 535-metre-long Sreekaryam flyover as part of the metro rail project in the capital within two weeks. The demolition of all acquired buildings at Sreekaryam was completed earlier. Also, the decision on the flyover proposed at Pattom under the project […]

IRB Infrastructure Trust, the private InvIT of IRB, has completed the refinancing of five BOT projects for about Rs 6,400 crore located in three states. Of the 5 build-operate-transfer (BOT) projects, 2 each are located in Maharashtra and Uttar Pradesh, while 1 is in Rajasthan.

Four infrastructure projects of roads and railways worth Rs 23,500 crore have been recommended for approval under the PM Gati Shakti initiative. These projects were assessed in the 58th Network Planning Group (NPG) meeting on October 17. “Road and railway projects for multimodal connectivity with project cost of more than Rs 23,500 crore were discussed […]

India has planned around 8,890 kilometres of roads, 27,000 km of railway tracks and 920 km of petroleum and natural gas pipelines based on the PM GatiShakti National Master Plan (NMP), two years after it was launched. The platform has led to a sharp reduction in time taken by the road transport and highways ministry […]

Aizawl : Union Minister of Road Transport & Highways Nitin Gadkari, in presence of Chief Minister Himanta Biswa Sarma, on Tuesday either laid the foundation stones of or dedicated to the nation as many as 26 national highway projects aggregating an investment of Rs. 17,500 crore. The Union Minister of Road Transport & Highways laid […]

New Delhi: India has planned around 8,890 km of roads, 27,000 km of railway tracks and 920 km of petroleum and natgas pipelines based on PM GatiShakti National Master Plan, two years after it was launched. The platform has led to a sharp reduction in time taken by the road transport and highways ministry to […]

Aizawl: Union Minister Nitin Gadkari on Monday said a cross-border road under the ambitious Kaladan Multi-Modal Transit Transport Project (KMTTP) to link south Mizoram’s Lawngtlai district with Myanmar’s Sittwe port will be completed by November this year. Addressing a rally at West Phaileng in Dampa assembly constituency in west Mizoram’s Mamit district bordering Bangladesh, Gadkari […]

The National Highway Authority of India (NHAI) has awarded two toll, operate and transfer (TOT) bundles 11 and 12 of a combined length of 400 km for Rs 6,584 crore, which is Rs 553 crore higher than the bids received in the first round that was later called off by the government.

New Delhi: Awarding of contracts for national highways slowed down in the first half of the current financial year, even though the momentum picked up in September, according to a SBICAPS report. New contracts are expected to be awarded for construction of 10,500 kilometres roads in the current fiscal, which will be below the Ministry […]