road projects
The construction work on the 465-km long NH-130-CD, which is a part of Visakhapatnam - Raipur Economic Corridor, is all set to gain pace with the MoRTH approving two six-lane packages of the highway costing ₹1,500 crore. Of the 465 km highway, 100 km will be in Andhra Pradesh and the remaining part of it is in Odisha and Madhya Pradesh. Of the 100 km stretch in AP, 5-km is in Visakhapatnam and 950km in Vizianagaram. Once the highway is completed, it will reduce the travel time from Vizag to Raipur from 12 to 8 hours. The distance will also come down from 560 to 465 km. The total cost of Visakhapatnam - Raipur Economic Corridor is ₹14,000 crore, out of which the stretch in AP is estimated to cost ₹2,700 crore. The 100 km road project, which has been divided into four packages, will be completed within 2 years. The projects are being taken up simultaneously.

Another project pertaining to the widening and strengthening of National Highway 42 to four-lane in Anantapur town, costing ₹311 crore, was also approved by the Union ministry.

Transport Minister Nitin Gadkari said that ₹824 crore was approved for Sabbavaram to Kantakapalle under Raipur - Visakhapatnam Economic Corridor in Andhra Pradesh.

Similarly, another ₹772 crore was approved for the development of a six-lane highway between Korlam and Kantakapalle under the corridor.

Macrotech Developers gets approval for 1,200-acre townships

Realty Developer, Macrotech Developers, the erstwhile Lodha Group, has received approval for the development of an integrated township spread over 1,200 acres near Navi Mumbai. The project, to be part of the developers Read More ...

MoRTH clears ₹169-cr six-lane flyover in Pune

To resolve the perennial traffic chaos at the busy Katraj chowk in Pune city, the Union transport ministry has sanctioned ₹169.15 crore for building a six-lane flyover at the junction that falls on the National Highway stretch Read More ...

Siemens-Hinduja inks MoU to offer electric vehicles solutions

Siemens Limited and the Hinduja Group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to work in the electric commercial vehicles segment. Siemens Financial Services (SFS) Read More ...

NBCC launches redevelopment of ₹360-cr Lucknow station

The redevelopment of the Gomti Nagar Railway Station is being built in a joint venture between NBCC and the Railway Land Development Authority (RLDA) on EPC model in Lucknow at an investment of ₹360 crore. It is expected to be Read More ...

Ircon floats tender for Indo-Nepal rail project

Ircon International Limited has invited tender for the Northeast Frontier Railway to execute civil works at Biratnagar Station (Nepal) in connection with the construction of New Broad Gauge Railway Line from Jogbani (India) to Biratnagar Read More ...

NHAI to award ₹2.25 lakh cr projects in FY22

The National Highways Authority of India is planning to award projects of approximately ₹2.25 lakh crore in the current fiscal. In the last fiscal, it had awarded 141 projects (4,788 km) worth ₹1.71 lakh crore. Read More ...

Sunteck Realty takes up luxury project in Mumbai

Sunteck Realty has entered into a joint development pact with the landowners of a seven-acre land parcel at Borivali West in Mumbai to develop a luxury residential project. From the project, it has targeted sales revenue Read More ...

PNC Infratech wins PRT project in Haridwar

PNC Infratech has secured a project in Haridwar for the development of Personalised Rapid Transit (PRT) System. Uttarakhand Metro Rail Corporation (UKMRC) official informed that the PRT system, called Haridwar Darshan Read More ...

Lucknow gets ₹180-cr flyover near Khurram Nagar

The Union defence ministers Rajnath Singh has laid the foundation stone of a ₹180-crore flyover project near Khurram Nagar in Lucknow. The defence minister, who is also the local MP, also listed several road projects Read More ...

MahaMetro invites EoI for ₹2,092-cr Neo-Metro

Maharashtra Metro Rail Corporation (MahaMetro), the implementing agency for the Nashik Neo-Metro, has invited expression of interest (EoI) for the manufacture, supply, commission and maintenance of the Read More ...

NCRTC kicks-starts work on Delhi-Meerut RRTS corridor

Work on the National Capital Region Transport Corporation's (NCRTC) Delhi-Ghaziabad-Meerut corridor has started at Sarai Kale Khan alongside operational simulations in the virtual dimension. To be completed by 2025 Read More ...

DPRs underway for ₹35,000-cr highway projects

The Union transport minister informed that the detailed project reports are being prepared for 4,080 km projects of ₹35,000 crore under the Bharatmala Pariyojna, including 121 km Ram Van Gaman Marg extension and famous Sharda Read More ...

Adani Transport wins ₹2,020-cr contract in road sector

Adani Road Transport, which is a wholly-owned subsidiary of Adani Enterprises, has secured a ₹2,020.93 crore road project in West Bengal on the build operate and transfer (BOT) Toll model. The scope of work entails the Read More ...

Decks cleared for ₹8,417-cr Metro 5 line in Mumbai

The Maharashtra State Environment Impact Assessment Authority (SEIAA) has granted coastal regulatory zone (CRZ) clearance to the Mumbai Metropolitan Region Development Authority's (MMRDA) Metro-5 line Read More ...

MoRTH approves ₹1,250-cr road projects in Assam

The Union transport ministry has approved road projects of over ₹1,250 crore in Assam. The government has approved three projects including a road project worth ₹286.72 crore in the Bilasipura-Guwahati on NH-17 Read More ...

Alpha Corp fixes ₹1,000-cr stalled projects in Delhi-NCR

Realty developer Alpha Corp has planned to invest ₹1,000 crore in restarting the 10 stalled projects in the Delhi-NCR region. Chief Financial officer Santosh Agarwal informed that with the help of the buyer associations in these projects Read More ...

Centre approves ₹979-cr roads & bridges in Odisha

The Centre has approved the construction of a bypass for Berhampur town connecting Ratnapur with Narendrapur on NH-59 along with two other projects involving a combined investment of ₹979 crore. The projects included the Read More ...

IRB Infra wins ₹828-cr NH project in HP

IRB Infrastructure Developers has received the Letter of Award from NHAI for ₹828 crore highway contract in Himachal Pradesh. The company has received the order for rehabilitation and up-gradation to four lanes configuration Read More ...
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