Category: Roads

New Delhi: The government today allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector. The Cabinet Committee on Economic Affairs also approved a special intervention for the projects that are at advanced stages of completion […]

Srinagar : Expressing concern over the delay in completion of Qazigund-Panthachowk strip of Srinagar-Jammu national highway project, the state government has asked the executing agency to complete it at the earliest possible. “The State Government cannot act as mute spectator to the sufferings of the people… The project has already missed several deadlines,” Roads and […]

Shillong: In a boost to infrastructure development in the North-East, Union Transport Minister Nitin Gadkari today said the government will award road projects worth Rs 15,000 crore in the region by December. “Of the total Rs 15,000 crore road projects envisaged for the North-East, Rs 6,000 crore worth highways will be developed in Arunachal Pradesh, […]

Umroi (Meghalaya): Delayed land acquisition and environment clearances have stalled more than 270 projects across the country, Union Minister for Road Transport, Highways and Shipping Nitin Gadkari today said. “When I took charge as minister, there were more than 270 projects (which were) stuck because of land acquisition problems, forest environment clearances, railway bridges problem […]

Shillong: Union Minister for Road Transport and Highways Nitin Gadkari will dedicate the Shillong Bypass and Umiam-Jorabad four lane highway to the people tomorrow, state government officials said today. Gadkari, who was on a four-day tour of the North Eastern states, would inaugurate the Shillong Bypass, two years after completion, and the UmiamJorabad four-lane highway, […]

New Delhi: As many as 62 toll plazas on national highways and expressways have been closed by the government after recovery of capital cost and considering public interest, Lok Sabha was informed today. “Government has closed 62 toll plazas after recovery of capital coast and in public interest,” Minister of State for Road Transport and […]

New Delhi: Hindustan Construction Company (HCC) today said its infrastructure development arm will sell its stake in a highway project to Sadbhav Group for Rs 204 crore as part of a strategy to exit operational assets. “HCC Concessions Ltd, the infrastructure development arm of the HCC Group… Announced the sale of its stake in Dhule […]

New Delhi: The government today invited foreign pension funds to participate in the infrastructure sector in the country. “We are looking at bringing in foreign pension funds to pump in finance in India’s infrastructure sector,” Union Road Transport and Highways Minister Nitin Gadkari said at a CII event here. The Centre has allocated Rs 42,000 […]

Bengaluru: Land acquisitions, environment clearances, forest clearances and shortage of aggregates are holding up or delaying road projects, Union Road and Transport Minister Nitin Gadkari said here today. He was speaking at a foundation stone laying ceremony for works relating to new road projects stretching over 500 km in Karnataka. The projects, he said are […]

New Delhi: Hindustan Construction Company Ltd (HCC) has secured an arbitration award of Rs 217.18 crore for the extension of time (EOT) cost claim in Lucknow – Muzaffarpur National Highway Project. Of the total award, Rs 135.15 crore is the principal amount and Rs 82.03 crore is the interest component. A three-member arbitration panel, which […]

Doda (JK): More than 3,000 people were stranded after the Jammu-Kishtwar National Highway was closed following a massive landslide at Karara, 25 km from here. “The Jammu-Kishtwar Highway was thrown open after remaining closed for four days, but it was again closed after a massive landslide blocked it at Chena Bhati in Karara some 25 […]

Aiming to spare general public from levy at highways, the government has announced it will scrap 125 toll plazas in the country by the end of February. “We will cancel toll at around 125 plazas on some highways by the end of this month,” Union Road Transport Minister Nitin Gadkari said. The minister added that […]