highway projects

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

DMK accuses TN of 'callousness' in executing highway projects

DMK on Wednesday accused the AIADMK regime of having a "callous" attitude which is causing "delay" in implementing several highway projects worth Rs 7,000 crore in the state.

Jun 24, 2015, 19:41 PM 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

No takers for Uttar Pradesh highway projects

Projects to widen seven state highways in Uttar Pradesh to four lanes have failed to take off. Even after tenders were floated five times, no company or private contractor came up to take the job, an official said Wednesday.

Jun 25, 2014, 13:16 PM IST

No takers for Uttar Pradesh highway projects

Projects to widen seven state highways in Uttar Pradesh to four lanes have failed to take off. Even after tenders were floated five times, no company or private contractor came up to take the job, an official said on Wednesday.

Jun 25, 2014, 10:15 AM IST

Govt okays Rs 40,000 crore road projects, aims to build 30 kms/day

In a bid to fast track highway construction, the Ministry of Road Transport and Highways has approved over Rs 40,000 crore worth of projects and set an ambitious target of building 30 kms of roads per day.

Jun 24, 2014, 20:40 PM IST

Govt approves Rs 2,130 cr road projects in Assam under SARDP

The government on Friday approved three important highway projects in Assam entailing Rs 2,130 crore expenditure.

Sep 20, 2013, 14:43 PM IST