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IRB Infra arm inks Rs 2,300 cr pact with NHAI

Last Updated: Monday, June 23, 2014, 19:49

The project is to be executed on DBFOT (design, build, finance, operate and transfer) pattern with a concession period of 27 years.

GMR sells 74% stake in a highway project to IIF

Last Updated: Tuesday, February 18, 2014, 20:25

GMR Group on Tuesday said it has sold its 74 percent stake in a 73-km long highway project to India Infrastructure Fund (IIF).

HC directs CBI to investigate alleged irregularities

Last Updated: Friday, August 02, 2013, 15:33

The Itanagar Bench of the Gauhati High Court has directed the CBI to investigate and register a case in the alleged irregularities by the board and others in respect to Trans-Arunachal Highway project.

Raj CM lays foundation of Rs 914 cr highway project

Last Updated: Wednesday, October 17, 2012, 14:43

Rajasthan Chief Minister Ashok Gehlot laid the foundation stone of Rs 914 crore project for widening of roads in the Udaipur section.

Govt to award 30 highways projects under EPC mode this fiscal

Last Updated: Friday, August 17, 2012, 21:04

In a bid to minimise time and cost overruns in road projects, the government will award 30 contracts to build about 4,000 km of highways this fiscal under the engineering, procurement and construction (EPC) mode, the model document for which was approved on Friday.

Work on $100 bn Delhi-Mumbai industrial corridor reviewed

Last Updated: Wednesday, July 04, 2012, 21:09

A parliamentary panel Wednesday reviewed the progress on the Delhi-Mumbai Industrial Corridor (DMIC) that is to be developed at an estimated investment of over USD 100 billion.

`WB report on highway project bribery serious`

Last Updated: Tuesday, April 03, 2012, 19:22

Bihar CM Nitish Kumar described as `extremely serious` a reported World Bank report on bribery in highway project.

IVRCL arm bags Rs 1,300 cr highway project

Last Updated: Monday, January 30, 2012, 15:10

At the Bombay Stock Exchange, the shares of the company were trading 3.82 percent lower at Rs 47.85.

India needs Rs 200 cr a day for highway projects: House Panel

Last Updated: Sunday, September 11, 2011, 15:08

India needs to invest Rs 200 crore everyday for the next 20 years for road projects under NHDP and requires an efficient financing plan to meet this objective, says a Parliamentary panel.

Yeddyurappa to convene meeting on highway project

Last Updated: Tuesday, March 23, 2010, 17:58

Under constant attack from opposition JD-S and Congress over the affairs of NICE, the promoters of BMIC project, Yeddyurappa today said he would convene a meeting of top leaders of the two parties early next month.

Gowda demands white paper on highway project

Last Updated: Tuesday, January 12, 2010, 19:06

As BJP sought to turn the tables on him over the BMIC project, Deve Gowda, in the eye of a storm for using abusive language against Karnataka Chief Minister B S Yeddyurappa, today demanded a `white paper` on the project.