The Yamuna Expressway in Uttar Pradesh witnessed over 150 deaths in road accidents this year so far, the maximum ever since it got operational in 2012, according to official data. The 165-km-long road stretch that connects Delhi and Agra has seen 357 accidents, injuries to at least 822 people and death of 145 others till […]
Category: Roads
Roads
NHAI invites bids for 15 BOT road projects after 8 years
After a gap of almost eight years, the National Highways Authority of India (NHAI) has called for prequalification bids from road developers for 15 build-operate-transfer (BOT) roads with a tentative total project cost in excess of Rs 22,000 crore and totalling nearly 800 km. The 15 projects are spread across six states — Andhra Pradesh, […]
Busier roads, bigger money: Inside Modi govt’s new road monetisation plan
Modi govt has set in motion its new highway plan that could eventually turn out to be a major driver of its road monetisation efforts. The road transport and highways ministry is lending the final touches to a proposed infrastructure investment trust (InvIT), to be helmed by the National Highways Authority of India (NHAI), for […]
Govt forms task force to identify infra projects worth Rs 100 trillion
The government on Saturday said it has constituted a high-level task force to identify infrastructure projects for Rs 100 trillion investment by 2024-25 as India aims to become a $5 trillion economy. The task force, headed by the economic affairs secretary, will draw up a ‘National Infrastructure Pipeline’ of Rs 100 trillion, the finance ministry […]
Will not borrow if government allocation is increased: NHAI chairman
The National Highways Authority of India (NHAI) Chairman NN Sinha on Wednesday said that the authority would not go in for borrowing if the government increased its allocation to the road sector. “If more budgetary resources are released, which authority would prefer mobilising funds from the market, ” Sinha said at a CII event here. […]
Amid tensions with Pak, govt says will complete Kartarpur corridor on time
Union Home Minister Amit Shah on Saturday said the Modi government is committed to completing the Kartarpur Sahib corridor within the stipulated time. The assurance of the home minister came a day after India and Pakistan held a meeting of the technical committee at the Zero Point in Gurdaspur in Punjab on the opening of […]
Bundelkhand Expressway in UP gets clearance
Bundelkhand Expressway: The much-awaited Bundelkhand Expressway’s construction will begin soon. The Uttar Pradesh government recently announced that the construction of the over 290-km-long Bundelkhand Expressway, which is a four-lane access-controlled highway linking the lesser developed areas of the state to the national capital, will start by the month of October. The Bundelkhand Expressway will have […]
Maharashtra seeks consultants to study potential of solar along Nagpur-Mumbai Highway
The Maharashtra State Road Development Corporation (MSRDC), has issued a consulting services tender to assess the potential for the development of 150-200 MW of solar photovoltaic (PV) projects along the Nagpur Mumbai Superhighway (Samruddhi Mahamarg). The tender has been floated on MSRDC’s behalf by The Global Green Growth Institute (GGGI). The Global Green Growth Institute […]
SC clears Chardham highway project, forms fresh committee for environmental concerns
The Supreme Court has cleared the decks for the ambitious Chardham highway project for all-weather connectivity to four holy towns of Uttarakhand and constituted a fresh high-powered committee to address environmental concerns. A bench comprising Justices Rohinton Fali Nariman and Surya Kant modified the National Green Tribunal’s September 26, 2018 order by constituting the high-powered […]
ADB signs pact to invest USD 23 mn in NCD of GRIL
The ADB on Tuesday said it has signed an agreement to invest USD 23 million (about Rs 160 crore) in a debt instrument being issued by GRIL to help the company scale up construction of roads and highways in India through purchase of new building equipment. The increased operational capacity will enhance GR Infraprojects Limited’s […]
IRB Infra ties up with Singapore’s GIC Pte, to bid for larger projects
IRB Infrastructure Developers Ltd, an Indian road builder, said a partnership with Singapore’s sovereign wealth fund will help it bid for much larger projects and boost revenue. The company will jointly bid with GIC Pte for all future projects, IRB’s Chairman and Managing Director Virendra Mhaiskar said in a phone interview. GIC invested as much […]
SC issues notice to Maha govt on Mumbai coastal road project case
The Supreme Court on Friday issued a notice to the Maharashtra government on a plea of Brihanmumbai Municipal Corporation (BMC) seeking stay on Bombay High Court’s order quashing the Coastal Regulation Zone (CRZ) clearances granted for the southern part of the Rs 12,000 crore coastal road project. A bench comprising Chief Justice Ranjan Gogoi and […]