Gadkari Inspects Faridabad Bypass & DND Sohna Highway Construction
Union Minister for Road Transport and Highways, Nitin Gadkari, inspected the construction progress of the Faridabad Bypass and Package 1 & 2 of DND Sohna Highway on National Highway-148 NA. The project, part of Bharatmala Pariyojana
Gadkari Launches 30 NH Projects Worth ₹4,755 Cr in Haridwar
Union Minister for Road Transport and Highways, Nitin Gadkari, inaugurated and laid the foundation stones for 30 National Highway projects in Haridwar, Uttarakhand, with a total investment of ₹4,755 crore. These projects include
MoRTH Mulls Doubling Defect-Liability Period for Road Contracts
The Ministry of Road Transport and Highways is considering extending the defect-liability period under engineering-procurement-construction (EPC) contracts to 10 years, aiming to reduce road maintenance expenses and enhance construction
₹1,742.11 Cr Allocated for NH-6 Section in Mizoram
Minister of Road Transport & Highways, Nitin Gadkari, has approved an outlay of ₹1742.11 crore for constructing the 4-lane N. Kawnpui (N.Mualvum) - Sairang section on NH-6 in Mizoram. Spanning 24.41 km, the project will be executed
Nitin Gadkari Initiates 8 NH Projects Worth ₹2,217 Crore in Tanakpur
Union Minister Nitin Gadkari laid the foundation stones for 8 National Highway projects totaling ₹2,217 crore in Tanakpur, Uttarakhand. These projects aim to enhance connectivity and facilitate tourism, with initiatives such as widening
MMRDA Gets Approval for MTHL Connector Joining Chirle-Pune Expressway
The Mumbai Metropolitan Region Development Authority (MMRDA) has received approval for a proposed connector for the Mumbai Trans Harbour Link (MTHL) at Chirle, to be linked with the Mumbai-Pune Expressway. Estimated at ₹1000 crore, the
Gadkari Allocates ₹382 Cr for Highway Linking Majuli-Jorhat in Assam
Union Minister of Road Transport & Highways, Nitin Gadkari, has approved ₹382.10 crore for constructing a 2-lane highway with paved shoulders connecting Majuli and Jorhat on NH 715K in Assam. The project, spanning 20.479 kms
Cube Highways Trust Declares ₹2 Distribution Per Unit for Q3 FY24
Cube Highways Trust (BSE/NSE: CUBEINVIT), managed by Cube Highways Fund Advisors Pvt. Ltd., has announced its financial results for the nine-month period ending December 31, 2023. The total consolidated income for the period amounted to
Gadkari Announces ₹2,378.72 Cr for Arunachal Frontier Highway
Union Minister Nitin Gadkari has disclosed the sanctioning of ₹2,378.72 crore for constructing two sections of the frontier highway, spanning 93 kilometers in Arunachal Pradesh. Aimed at enhancing connectivity to border areas and driving
Delhi to Jaipur in 2 Hrs; Electric Bus Service Planned on Expressway
Union Road Transport and Highways Minister Nitin Gadkari announced plans to introduce electric bus services on the Delhi-Mumbai Express National Highway, aiming to cover the distance from Delhi to Jaipur in two hours, with fares 30%
Highway Construction Falls Short of Target Despite Record Capex
Highway construction has slowed down during the current fiscal year, achieving only 45% of its target of 13,800 km, according to a report in LiveMint. Despite the Union government allocating a record ₹2.16 trillion capex in the first nine
Strategic Frontier Highway in Arunachal Pradesh Gets ₹6,000 Cr Boost
In line with the government's focus on bolstering connectivity in border regions, the Ministry of Road Transport and Highways has earmarked approximately ₹6,000 crore for 11 different packages of the strategic Frontier Highway
Centre Fast-tracks Land Acquisition for Vadhavan Port-Connected Highway
In a bid to expedite the launch of a project, the Centre issued a gazette notification last week, appointing sub-divisional officers and a relief and rehabilitation officer for land acquisition concerning a 32 km greenfield highway.
NHAI Makes Record Concession Value of ₹15,624.90Cr in InvIT Round-3
The National Highways Authority of India (NHAI) has set a new milestone by raising the highest-ever concession value of Rs. 15,624.90 Crore through 'InvIT Round-3'. This achievement comes from monetizing 10 stretches totaling approximately
Gadkari Stresses Decentralization & Quality in Road Infra Development
The Union Minister for Road Transport and Highways, Shri Nitin Gadkari, underscored the importance of decentralization and quality in achieving success in road projects. Speaking at the "National Highways Excellence Awards (NHEA)" program
Gadkari Sanctions ₹1,640.91 Cr for Arunachal Pradesh Frontier Highway
Union Minister Nitin Gadkari has approved two proposals totaling ₹1,640.91 crore for the construction of NH-913 Frontier Highway in Arunachal Pradesh. The first package, valued at ₹1014.59 crore, will cover the Kharsang-Miao-Vijaynagar-Gandhigram
Gadkari Advocates Permanent Cadre for NHAI
Union Minister Nitin Gadkari advocated for establishing a permanent cadre for the National Highways Authority of India (NHAI), emphasizing the importance of staff training at IITs. He urged officials to rectify mistakes promptly
Road Ministry Implements Changes in Tendering Norms
In response to the trend of private players quoting unusually low prices to secure project preparation and supervision consultancy contracts, the road transport ministry has introduced significant changes in tendering norms.
PM Modi to Inaugurate Toll-Free Mumbai Coastal Road on February 19
Prime Minister Narendra Modi will inaugurate the toll-free Mumbai Coastal Road Project's north-south portion of Phase 1 on February 19, marking the 394th birth anniversary of Chhatrapati Shivaji Maharaj. The project, officially named
MoRTH to spend ₹1.3lakh cr to build 14 e-ways covering 2k km
The Ministry of Road Transport and Highways plans to construct 14 new expressways and high-speed corridors spanning 2,279 km, with an investment of ₹1.3 lakh crore. These projects will be implemented across various states including Uttar
Ashoka Buildcon Completes Sale of Stake in UEPL to Mahanagar Gas
Ashoka Buildcon informs that after the Share Purchase Agreement signed by Mahanagar Gas Limited with Unison Enviro Private Limited (UEPL) and its Shareholders, Ashoka Buildcon Limited (ABL) and an investment fund managed by Morgan
GMDA to Take Over 3 Underpasses on Delhi-Gurgaon Expressway
The Gurugram Metropolitan Development Authority (GMDA) is considering taking over three underpasses located on the Delhi-Gurgaon Expressway, following a request from the National Highways Authority of India (NHAI).
MoRTH Aims to Set National Record with 13,813 km of Highways in FY24
The Ministry of Road Transport and Highways (MoRTH) is targeting a national record by constructing 13,813 km of highways in the current financial year, stated its Secretary Anurag Jain. He highlighted the ministry's goal to eliminate
Nagpur Municipal Corporation Expands Road Concretisation Projects
The Nagpur Municipal Corporation (NMC) has announced plans to convert an additional 23.45 kilometers of major roads from asphalt to cement, signaling an expansion in its road concretisation initiatives. Among the 33 shortlisted
Versova-Dahisar Project Cost Doubles to ₹35,955 cr in 6 Months
The BMC commissioner has disclosed that the total cost of the Versova-Dahisar Project has reached ₹35,955 crore. This figure marks a significant increase from the initial estimate of ₹16,621 crore when tenders were floated in August
MoRTH Allocated ₹2.78 Lakh Crore for FY 2024-25
The Ministry of Road Transport and Highways is allocated ₹2.78 lakh crore for the financial year 2024-25, including ₹1.68 lakh crore for the National Highways Authority of India (NHAI). The 2.7% hike in the budgetary allocation
Gadkari Inaugurates ₹2,367 Cr National Highway Projects in MP
Minister of Road Transport and Highways, Nitin Gadkari, inaugurated and laid the foundation stone for nine national highway projects totaling ₹2,367 crore in Jabalpur district, Madhya Pradesh. These projects cover a total length of 225 km.
Manipur Chief Minister Launches ₹1,766 Cr Imphal Ring Road Project
The Chief Minister of Manipur initiated the ₹1,766 crore Imphal Ring Road Project, funded by the Asian Development Bank (ADB) with assistance worth ₹1374.75 crore. State Works Minister Govindas Konthoujam highlighted the project's aim
SBI to Downsell Half of ₹11,000 Cr Loan to Adani's Ganga E-way Project
State Bank of India (SBI) is in discussions to downsell half of its nearly ₹11,000-crore loan exposure to the Adani Group's Ganga Expressway project, the longest tolled road project in the country. SBI is in talks with institutions such
Manipur CM Lays Foundation for Imphal Ring Road Project
Manipur Chief Minister N. Biren Singh inaugurated the ₹1,766 crore Imphal Ring Road Project, with financial aid of ₹1374.75 crore from the Asian Development Bank (ADB). The 51.23 km long project, initiated in 2015-16 and approved