The Maharashtra government’s Rs 46,000 crore Nagpur-Mumbai Expressway project, touted as a game-changer of sorts, may finally see some headway after the state government acceded to some of the conditions put forth by some state-owned banks. State officials have agreed to offer guarantees for the project, and has for the first time, decided to pledge […]
Category: Roads
Roads
Dilip Buildcon bags NHAI road project worth Rs 565 cr
Highway developer Dilip Buildcon (DBL) today said it has bagged a road project worth Rs 565.02 crore from NHAI in Maharashtra. “The company has been declared L-1 bidder for a new EPC project valued a Rs 565.02 crore by the National Highways Authority of India (NHAI) in Maharashtra,” Dilip Buildcon said in a BSE filing. […]
India needs $ 4.5 trillion by 2040 to develop Infra: Eco Survey
India will need about USD 4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about USD 3.9 trillion, the Economic Survey said. “The Global Infrastructure Outlook reflects that rising income levels and economic prosperity is likely to further drive demand for infrastructure investment in India over […]
CPEC shouldn’t be swept under the carpet, ready for talks with India: China
China on Monday said it is ready to hold talks with India to resolve their differences on the contentious $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK. Asked about Indian Ambassador to China Gautam Bambawale’s interview to state-run Global Times in which he had said that differences on the CPEC should not be […]
RInfra bags Rs 882 crore road contract from NHAI
Anil Ambani-led Reliance Infrastructure (RInfra) today said it has bagged a Rs 882 contract from the National Highways Authority of India (NHAI) for six-laning of Aurangabad to Bihar Jharkhand border (Chordaha) section of NH-2 in Bihar. The company has received the Letter of Award (LoA) for the project from NHAI under the National Highway Development […]
Pay Rs 570 on Lucknow-Agra expressway from January 20
Brace up to shell out Rs 570 for using the Lucknow-Agra expressway from January 20. Announcing the toll for the 302-km expressway connecting Lucknow and Agra, the UP Expressway and Industrial Develoment Authority (UPEIDA) said on Monday that the toll had been fixed after giving a 25% rebate. The Rs 570 toll (for cars and […]
13 km elevated lane to bypass Ring Roads gets Delhi government nod
The Public Works Department (PWD) plans to build a 13-km elevated corridor along the Yamuna — between Signature Bridge near North Delhi’s Wazirabad and Kalindi Kunj bypass in the south — in an attempt to decongest Ring Road and Outer Ring Road. The Aam Aadmi Party (AAP) government has given it the go-ahead after studying […]
L&T Construction bags orders worth Rs 2,265 crore
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 2,265 crore from Andhra Pradesh Capital Region Development Authority. “The transportation infrastructure and water and effluent treatment businesses of L&T Construction have jointly bagged three EPC orders worth Rs 2,265 crore from Andhra Pradesh Capital Region Development Authority (APCRDA),” the engineering […]
130 km of roads constructed every day under PMGSY: Govt
An average 130 km of roads are being constructed every day under the Pradhan Mantri Gram Sadak Yojana (PMGSY), the highest in the last 7 years, Union Minister Nitin Gadkari claimed today. Gadkari said in Lok Sabha that the central government has taken a decision to accelerate the execution of PMGSY to substantially complete the […]
Gayatri Projects hits 52-week high on order win of Rs 583 crore from NHAI
Gayatri Projects hits 52-week high of Rs 235, up 4% on the BSE, after the company announced it has bagged a new order of Rs 583 crore contract from National Highways Authority of India (NHAI). The order is for rehabilitation and uprgadation of Cuttack-Angul Section of NH-42 (NEW NH-55) to 4-lane (km. 0+400 to k.m.60+200) […]
Bengal to construct 13,000 km of rural roads: Minister
To improve the rural economy the West Bengal government would construct 13,000 kilometre of rural roads in the state. West Bengal Panchayat and Rural Development Minister Subrata Mukherjee said the Mamata Banerjee government would spend Rs 3,100 crore as state’s share to complete the Rs 7,800 crore project to construct 13,000 km rural roads. “I […]
PM Modi inaugurates Shillong-Nongstoin-Rongjeng-Tura Road
Prime Minister Narendra Modi inaugurated the Shillong-Nongstoin-Rongjeng-Tura Road in Shillong on Saturday. Earlier in the day, Prime Minister Narendra Modi inaugurated the 60 MW Tuirial hydropower project in Mizoram’s Aizawl. “Today we gather here to celebrate a significant mile-stone in the history of Mizoram, the completion and dedication of the 60 Mega-Watt Tuirial hydropower project. […]