IRB Infrastructure Trust, an associate of IRB Infrastructure Ltd, on Monday said its special purpose vehicles have made an upfront payment of Rs 6,111 crore to National Highways Authority of India (NHAI) for toll operate transfer projects. The SPVs made an upfront payment of the concession fee of Rs 6,111 crore to the NHAI (TOT12 […]
Category: Roads
Roads
Election Commission seeks status quo on highway toll rates
The Election Commission of India has directed the Ministry of Road Transport and Highways not to go ahead with the scheduled revision of toll rates on highways till the election process is completed. The order will impact both publicly funded highways and those operated by private concessionaires. The toll rates on expressways average Rs 2.19/ […]
BRO connects strategic Nimmu-Padam-Darcha road in Ladakh
Border Roads Organisation (BRO) connected the strategic Nimmu-Padam-Darcha road in Ladakh on March 25. This 298-km road will connect Manali to Leh through Darcha and Nimmu on Kargil–Leh highway. The road is now the third axis apart from Manali-Leh and Srinagar-Leh which connects Ladakh to the hinterland, the Ministry of Defence said in a press […]
Govt directs officers to inspect highway stretches to detect encroachments
Nearly a month after the Supreme Court’s critical observation on how the system of highway administration is “only on paper”, the road transport ministry has directed all officers concerned to inspect stretches to detect encroachments and unauthorised occupation. The ministry, in a direction, has made it “obligatory” for officers to direct highway administrators to remove […]
MoRTH amends model concession agreements for BOT and TOT projects
The ministry of road transport and highways (MoRTH) have made over a dozen changes to the model concession agreement for build-operate-transfer (BOT) and tolling, operation, maintenance and Transfer (TOT) model to incentivise private sector to invest in creation of road infrastructure and to remove any ambiguity in the existing agreements. Some of the key amendments […]
National highways construction up, but govt may miss award target
With a month from the close of the financial year, construction of national highways (NH) in the country in FY24 has been nearly 13 per cent higher than the last financial year at 9,088 kilometres (km), data by the ministry of road transport and highways shows. However, the government is likely to miss its target […]
PM Modi launches development projects worth Rs 56,000 crore in Telangana
Prime Minister Narendra Modi on Monday dedicated to the nation and laid the foundation stone of multiple development projects related to power, rail and road sectors in Telangana worth more than Rs 56,000 crore. The PM’s official function here was attended by the State Governor Tamilisai Soundararajan and Chief Minister A Revanth Reddy among others. […]
Odisha’s Road to Renewal: From greenfield roads to six-lane highways, Gadkari paves the way for progress with marquee infrastructure projects
On Thursday, Union Minister for Road Transport & Highways Nitin Gadkari inaugurated and laid the foundation stones for 28 national highways (NHs) projects worth Rs 6,600 crore in Odisha. Nitin Gadkari along with Railway Minister Ashwini Vaishnaw virtually inaugurated a 79km four-lane road between Baharagora and Singhara on NH-49, valued at Rs 1,203 crore, and […]
Uttarakhand Roadways: Nitin Gadkari unveils ambitious road projects in Uttarakhand, promises European standard infrastructure like Switzerland, Australia
Upping the development of European standard roads in the country, Union Road Transport & Highways Minister Nitin Gadkari inaugurated and laid the foundation stone for several projects worth in Uttarakhand on Tuesday. The Union Minister along with Uttarakhand Chief Minister Pushkar Singh Dhami dedicated 30 National Highway (NH) projects worth Rs 4,755 crore in Haridwar […]
L&T wins contract for Assam bridge, to boost link to textile hub Sualkuchi
The construction arm of Larsen & Toubro Limited (L&T) bagged a contract by the Assam government to build a 12.21 kilometres long bridge connecting Palashbari and Sualkuchi towns in the northeastern state, the Indian multinational conglomerate said on Tuesday. The contract was awarded by the Public Works Roads Department, Assam, to construct the ‘cable-stayed bridge’ […]
Govt explores ways to incorporate waste materials into highway construction
The Indian government is drafting a policy to integrate road construction with the Swachh Bharat Mission 2.0. This would involve the incorporation of inert material from solid waste in the construction of embankments along national highways (NHs). The Ministry of Road Transport and Highways, after the success of pilot projects, has formulated this draft policy […]
Northeast border infrastructure: Tripura’s 134 km road expansion plan to bolster regional and border connectivity
To bolster road connectivity in the northeast states and to improve border infrastructure, the Cabinet Committee on Economic Affairs led by Prime Minister Narendra Modi, has given its approval for the widening of 134km road in Tripura. The improvement & widening of two lanes with paved shoulder of road from Khowai to Harina in South […]