Centre approves Coastal road project for Mumbai: Fadnavis

Maharashtra Chief Minister Devendra Fadnavis today said that the ambitious coastal road project for Mumbai has been approved by the Centre. “Thank you @PrakashJavdekarjee for approving coastal road for Mumbai. It’s a dream come true. Best gift to Mumbai by Modiji’sGovt,” Fadnavis tweeted after meeting Environment Minister Prakash Javadekar in Delhi this morning. “Coastal road […]

Sadbhav Engineering-led JV bags Rs 454-cr road proj in Punjab

New Delhi : A Sadbhav Engineering-led JV today said it has bagged a road project worth Rs 454 crore from the Punjab government. “Joint venture led by the company has been awarded the project/work by the Ministry of Road Transport & Highways State Public Works Department B&R Branch, Government of Punjab, in the name of […]

IL&FS Transport lowest bidder for Rs 315-cr road projects in MP

New Delhi : IL&FS Transportation Networks today said that it has emerged as the lowest bidder for two road projects worth Rs 315 crore offered by the Madhya Pradesh government. “The company along with its wholly-owned subsidiary, Elsamex SA was declared as the lowest bidder in the bids submitted to Madhya Pradesh Road Development Corporation […]

IRB Infra bags NHAI’s Rs 2,650-cr Agra-Etawah project

New Delhi: IRB Infrastructure Developers today said it has bagged Rs 2,650-crore Agra-Etawah Bypass project from the National Highways Authority of India (NHAI). “The company has emerged as a preferred bidder for the project of six-laning of Agra-Etawah Bypass section of NH-2 in Uttar Pradesh under NHDP Phase V of BOT (Toll) mode,” IRB Infrastructure […]

Govt to award road projects worth Rs 3 lakh crore: Gadkari

New Delhi : In a big push for infrastructure development, the government plans to award Rs 3 lakh crore of road projects this year as it looks to more than double highway construction to 30 km per day. As the NDA government completes one year in office, Road Transport and Highways Minister Nitin Gadkari says […]

Now, commuters can tune in to highway advisory radio for traffic

NEW DELHI: In a move to keep highway commuters updated about road blocks, crashes, bad road condition and even weather forecast, government on Friday announced that it will start highway advisory radio (HAR) system like a radio channel. Besides broadcasting music, songs and other entertainment programmes, the HAR system, will also provide uninterrupted real-time information […]

Road companies upbeat as new government policy to boost liquidity

MUMBAI: Road builders received a shot in the arm after the government took two decisions to help the cash-strapped sector get much-needed liquidity. The cabinet on Wednesday said road developers can exit a project completely two years after construction is completed as against a divestment of 76% allowed earlier. Road builders had lobbied for removal […]