Category: Roads

Around 96,000 kilometers of roads are being laid across India annually and the target would soon be improved to 1.5 lakh kilometers per year, Transport Minister Nitin Gadkari has said. Addressing a public meeting in Bhamasha Mandi ground here yesterday, he noted, “Roads are synonymous to development for any nation and if roads are developed, […]

The much-delayed Delhi-Jaipur highway, connecting the national capital with ‘pink city’ will be completed by December, Union Minister Nitin Gadkari said today. “Government is largely responsible for delays in this crucial highway project, which should have been completed by 2011. Barring three structures, 57 of the structures including flyovers will be completed by December, when […]

Government today approved one- time financial assistance for “physically incomplete and languishing” national highway (NH) projects in the country. “The Cabinet Committee on Economic Affairs (CCEA) today approved a one time fund infusion to revive and physically complete languishing NH projects,” Communications and IT Minister Ravi Shankar Prasad said after the Cabinet meeting. The NH […]

Government today approved one- time financial assistance for “physically incomplete and languishing” national highway (NH) projects in the country. “The Cabinet Committee on Economic Affairs ( CCEA) today approved a one time fund infusion to revive and physically complete languishing NH projects,” Communications and IT Minister Ravi Shankar Prasad said after the Cabinet meeting. The […]

A transparent decision making process, coupled with decentralisation of power and a performance audit, is set to bolster the growth of country’s highways sector, Union Minister Nitin Gadkari said today. “A quick and transparent decision making process, backed by decentralised power structure and a system of performance audit would go a long way in ensuring […]

IAS officer Alkesh Sharma was today appointed as Chief Executive Officer and Managing Director of Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), an ambitious infrastructure programme. Sharma, a 1990-batch IAS officer of Kerala cadre, has been appointed to the post for three years, an order issued by Department of Personnel and Training said. The officer is […]

National Highways & Infrastructure Development Corporation Ltd (NHIDCL) today said it will invest around Rs 25,000 crore to complete 21 road and bridge projects in Assam over the next five years. The company, which was set up last year, has already awarded contracts for 10 projects and four more will be handed over to contractors […]

Around 7,500 km of highway projects — 5,100 km under construction and 2,400 km operational – awarded mostly between fiscals 2010 and 2012 on a build, operate, transfer, or BOT, basis, are at high risk today, says a report by Crisil. “Around 50% of the projects under construction are at high risk of not being […]

Corrective steps by the Modi government have led to roll out of majority of the Rs 3.8 lakh crore stuck highways projects, Union Minister Nitin Gadkari said today. Fast-tracking of projects could be made possible because of expediting decision-making process as well as policy interventions, the Road Transport and Highways Minister said. “There were 283 […]

The much-awaited Rs 277 crore widening work of the 86-km road on NH-326 between Boipariguda in Koraput district and Malkangiri town in Odisha will start soon. The state government entered into an agreement for the project with a Hyderabad-based company on September 14. The project will be completed in the next two years, officials said […]

As the highway sector shows signs of revival and private investment interest in projects on PPP mode gathers pace, the Modi government is confident of achieving the target of building 30 km per day. In fact, per day construction of highways was close to 16 km until August-end against last year’s record of 13 km. […]

Shares of Hindustan Construction Company (HCC) today advanced by nearly 9 per cent after the firm bagged a Rs 1,783.42-crore contract from NHAI for construction of a highway in Jammu & Kashmir (J&K). The HCC scrip climbed 8.68 per cent to Rs 19.40 on BSE. On NSE, it went up 8.37 per cent to Rs […]