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Uttarakhand CM sets June 15 deadline for Nanda Devi Raj Jaat yatra

Last Updated: Thursday, May 15, 2014, 16:06

Dehradun: Pacing up preparations for the Nanda Devi Raj Jaat yatra also called The Himalayan Kumbh, Chief Minister Harish Rawat has set a deadline of June 15 for the agencies concerned to wind up all preparations related to the high-altitude pilgrimage held every twelve years through the picturesque hills of Uttarakhand.

Slowdown, delays impact developers' interest in PPP models

Last Updated: Monday, March 17, 2014, 12:00

According to rating agency India Ratings, the National Highways Authority last September had insisted the government award projects as cash contracts.

Bench orders NHAI to plant 10 saplings for every tree cut

Last Updated: Friday, February 07, 2014, 13:57

The Madras High Court bench on Friday ordered the National Highways Authority of India (NHAI) to plant 10 saplings for every tree cut for the four lane Project by NHAI`s Implementation Unit.

L&T: GMR, GVK road cancellations to have only minimal impact

Last Updated: Thursday, January 24, 2013, 20:47

Engineering and construction major Larsen & Tourbo (L&T) Thursday played down the impact of losing some orders following GMR Infra and GVK walking out of two road projects earlier this month, saying that its order pipeline will not be hit more than 10 to 11 percent.

Building 20 km of roads a day not sustainable: NHAI chief

Last Updated: Thursday, January 17, 2013, 19:50

Building 20 km of highways a day -- UPA II government's ambitious target-- is not sustainable due to reasons like delays in environment clearance and issues of land acquisition, highways authority NHAI said Thursday.

GMR, GVK exiting mega projects due to unviability: NHAI

Last Updated: Thursday, January 17, 2013, 18:57

GMR and GVK are walking out of mega road contracts as they are unable to arrange funding for those projects, and not on account of delays in environment clearance or regulatory hurdles as cited in their notices, NHAI said Thursday.

Getting finance for highways projs in north-east difficult

Last Updated: Wednesday, January 09, 2013, 21:45

The National Highways Authority of India (NHAI) is of the view that the Engineering Procurement and Construction (EPC) mode for awarding projects in the region is a better model as compared to PPP.

KNR Constructions bags Rs 682 cr order from NHAI

Last Updated: Friday, August 03, 2012, 23:01

Infrastructure firm KNR Constructions Friday said it has bagged order worth Rs 682 crore from National Highways Authority of India (NHAI) in Kerala.

Fraud, corruption in highway projects: World Bank

Last Updated: Tuesday, April 03, 2012, 09:45

At a time when the government has reasserted its resolve to speed up construction of highways in the country, the World Bank has raised the red flag over corrupt practices being employed by private contractors working on highway projects funded by it.

Govt hopeful of achieving road projects target for FY12

Last Updated: Thursday, February 16, 2012, 14:42

The government on Thursday expressed hope that it would achieve the target of awarding 7,300 km of road projects by the end of the current financial year.

IRB Infra subsidiary ties up Rs 3,300 cr for NHAI project

Last Updated: Monday, February 13, 2012, 20:06

IRB Infrastructure Developers on Monday said its subsidiary has tied up the Rs 3,300 crore required to execute a project awarded by the National Highways Authority of India.

NHAI retail bond sale oversubscribed

Last Updated: Thursday, December 29, 2011, 19:25

National Highways Authority of India's (NHAI) first sale of retail bonds has received bids for nearly five times the base amount so far, capitalising on investors' appetite for safe havens as the global debt crisis keeps domestic equity markets lacklustre.