Category: Roads

Telangana Pradesh Congress Committee Chief Revanth Reddy alleged that Outer Ring Road (ORR) scam is a thousand times bigger than the Delhi liquor scam. He said ORR became the gateway to quench Chief Minister’s son KT Rama Rao’s thirst for money. Talking to the media here on Friday, the TPCC chief said, “ORR Toll Scam […]

Union Minister Nitin Gadkari has said the finance ministry has agreed to allow contractors engaged by state-owned NHAI and NHIDCL to convert their bank guarantees into insurance surety bonds. Gadkari had recently said changes will be made to the surety bond offering to make it more lucrative as no contractor is buying it because of […]

Dwarka Expressway, India’s first elevated urban expressway, being constructed at an estimated cost of Rs 10,000 crore, as part of the Delhi decongestion plan, will be completed in the next 3-4 months, Union Minister Nitin Gadkari said on Thursday. The Expressway will be completed in four packages, he added. The road transport minister said Dwarka […]

Backed by high inflation and healthy traffic growth, the revenue of toll road operators in India is expected to jump a significant 16-18 per cent in 2022-23 (FY23), shows data revealed by rating agency CRISIL on Tuesday. In FY24, the revenue growth will continue to be strong, but it will be a lower 9-11 per […]

GR Infraprojects Ltd on Tuesday said it has emerged as the lowest bidder for two NHAI projects worth Rs 1,613.84 crore. The financial bids were opened on March 28, 2023, GR Infraprojects said in a BSE filing. “Our company has emerged as an L1 bidder in a financial bid for the following tenders invited by […]

The Gorakhpur Link Expressway will soon be ready for operation, giving a major boost to roadways development in Uttar Pradesh. According to the latest audit, more than 62 per cent of the construction work on the expressway has been completed. The entire project, which is 91.35 km long and begins from Jaitpur in Gorakhpur and […]

The Metropolitan Bengaluru Municipal Corporation administration on Thursday presented a budget of Rs 11,157.83 crore for the year 2023-24, giving a push to improve infrastructure with focus on easing traffic congestion, building grade separators, white topping of roads and better connectivity. Calling it an ‘Atma Nirbhar Budget’, the Bruhat Bengaluru Mahanagara Palike (BBMP) Special Commissioner […]

Delhi government has its eyes set on a mega infrastructure project that is going to completely transform the state of roads in the national capital. Chief Minister Arvind Kejriwal has revealed that the project will involve an expenditure of Rs 4,500 crore in the first year of its implementation and then Rs 2,000 crore every […]

Shares of HG Infra Engineering hit a 52-week high of Rs 743, as they rallied 8 per cent on the BSE in Friday’s intra-day trade amid heavy volumes. In the past two trading days, the stock has surged 13 per cent after the civil construction company reported a good set of numbers for the quarter […]

Big news for the people of Ludhiana, business and industry hub of Punjab, as two key infrastructure projects are expected to change the landscape of the city. Ludhiana International Airport and Elevated Road project are currently undergoing the construction which are set to be completed in 2023, the Indian Express reported. Currently, people have to […]

Shares of HG Infra Engineering surged 8 per cent to Rs 624 on the BSE in Friday’s intra-day trade after the company announced receipt of Letter of Award (LOA) from National Highways Authority of India (NHAI) for Hybrid Annuity Mode (HAM) project in the state of Haryana. The project namely construction of six lane greenfield […]

Union Minister Nitin Gadkari on Monday inaugurated a 1.5 km long 2-lane elevated RCC bridge near Panduka on Son river in Rohtas, Bihar at the cost of Rs.210 crore, said a press release by Ministry of Road Transport & Highways. The foundation stone for the construction of the bridge was laid today in the presence […]