Union Minister Nitin Gadkari to inaugurate, lay foundation stone for 18 highway projects in Rajasthan today
Union Minister Nitin Gadkari will inaugurate and lay the foundation stone for 18 highway projects in Rajasthan virtually on Thursday. According to a press statement from the Ministry of Road Transport and Highways, these projects carry a road length of nearly 1,127 kilometres, involving a construction value of Rs 8,341 crores.
Dec 24, 2020, 07:14 AM IST
PM Narendra Modi to lay foundation of 9 highway projects of over Rs 14,000 crore in Bihar
These nine highway projects involve a road length of about 350 kilometres at a cost of Rs 14,258 crore.
Sep 19, 2020, 19:04 PM IST
Nitin Gadkari to inaugurate, lay foundation stones for Rs 20,000 cr projects in Haryana
Haryana Deputy Chief Minister Dushyant Chautala said that these national and state highways and bypasses will change the picture of the infrastructure in the state.
Jul 14, 2020, 01:34 AM IST
Uttar Pradesh to get highway projects worth over Rs 1 lakh crore
Union Home Minister Rajnath Singh will inaugurate and lay the foundation stone for highway projects in Lucknow on Thursday.
Mar 07, 2019, 06:57 AM IST
Government approves 9 highway projects worth Rs 2,600 cr
The central government on Tuesday approved nine highway projects at a cost of Rs 2,600.31 crore, a statement said.
Sep 20, 2016, 21:45 PM IST
Govt approves Rs 2,600-crore highway projects across five states
Government on Tuesday approved nine highway projects in five states to be executed at a cost of Rs 2,600 crore.
Sep 20, 2016, 20:17 PM IST
Govt approves hybrid annuity model for highway projects
The government on Wednesday approved hybrid annuity model for building roads to fast-track highway projects, revive the Public-Private-Partnership (PPP) mode and attract more investments in the sector.
Jan 27, 2016, 13:39 PM IST
Govt to compensate infra developers for project delays
The government on Wednesday unveiled two key policy initiatives to revive the infrastructure sector, which include compensating developers in case of delays in highway projects and empowering the ministry concerned to okay projects with civil construction cost of up to Rs 1,000 crore.
Nov 18, 2015, 20:20 PM IST
WB Govt gets kudos for procuring land for highway projects
The Mamata Banerjee government which has faced criticisms from different quarters over its land policy, on Sunday received kudos from the Union Road Transport secretary who said his ministry has got huge support from the West Bengal government over the last one year for procuring land for the highway projects in the state.
Nov 01, 2015, 17:13 PM IST
'Banks over-financed road projects, now crying foul'
As the roads and highways sector grapples with a massive problem of funds going bad, the role of banks have come under scrutiny for "happily over-financing" a large number of projects without necessary due diligence and thus creating a 'scam-like' situation.
Oct 11, 2015, 22:48 PM IST
Highway projects worth Rs 67,000 crore at high risk: Crisil
Around 50 percent of the projects under-construction are at high risk of not being completed because of significant cost over-runs and weak wherewithal of sponsors.
Oct 06, 2015, 18:52 PM IST
Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore
Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.
Aug 29, 2015, 10:41 AM IST
Govt allows cos to exit road projects; NHAI to fund stalled ones
The government on Wednesday 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.
May 13, 2015, 13:17 PM IST
Government approves Rs 5,529-cr highway projects
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.
Apr 22, 2015, 23:11 PM IST
CCEA approves highway projects worth Rs 9,500 crore
The government Tuesday approved three highway projects worth Rs 9,500 crore in Tamil Nadu and Uttar Pradesh, including those connecting Varanasi -- the Lok Sabha constituency of Prime Minister Narendra Modi.
Apr 07, 2015, 21:45 PM IST
Highway projects to pick up in Q1 of the next fiscal: ICRA
Efforts to fast-track clearances in the highways sector will yield positive results beginning the first quarter of 2015-16, rating agency ICRA said Monday.
Feb 23, 2015, 21:29 PM IST
CCEA gives nod to highway projects worth Rs 8,600 cr
The government Thursday approved over Rs 8,600 crore of highway projects in Uttar Pradesh, Odisha and Chhattisgarh.
Feb 19, 2015, 23:04 PM IST
Gadkari alleges cartelisation by cement companies; mulls NHAI revamp
Slamming the cement industry for indulging in "cartelisation", Union Minister Nitin Gadkari on Wednesday said it is pushing up costs for roads and highway projects even as he promised a number of steps including revamp of NHAI to help the sector.
Feb 18, 2015, 16:16 PM IST
