Roadways

Nitin Gadkari pitches for setting up of a dedicated funding agency for highways

“Here, we need one institution where NHAI stakes are there and financial institutions stakes are there. A joint venture. We can formulate the policy and we can go for that,” Gadkari said responding to investors’ request for ensuring low-cost fund fo
The minister, however, reiterated that NHAI did not have any financial problem, thanks to monetisation of stretches and increasing toll collection which might go up to Rs 1.4 lakh crore annually in the next 3-4 years.

Travel time between Jammu and Srinagar to reduce! Quazigund-Banihal tunnel opens to traffic for trial; details

The tunnel, built at 5,800 feet above sea level, will replace the Jawahar tunnel as well as provide all-weather connectivity.

Tunnel, Kashmir

Commuting between Mumbai-Thane to get better! New stretch of Kopri Bridge likely to open soon

The expansion project of widening the Kopri Bridge from an existing four lane stretch to an eight lane stretch is under execution by the MMRDA.

Kopri Bridge, expansion

Meerut-Prayagraj Ganga Expressway: Yogi govt to seek Rs 4,480 crore loan

The process of purchasing land for the Ganga Expressway, which is to be built from Meerut to Prayagraj, is going on in full swing.

Speaking to FE, an official of the state government said the loan amount would be made available in lieu of securitisation. With the additional availability of financial resources, the purchase of land and other work will be accelerated. (Representative image)

Despite Covid crisis, India records highest-ever construction speed of National Highways; details

A world record has also been created by India by constructing 2.5 kilometres 4 lane concrete road in just a duration of 24 hours and 26 kilometres single lane Bitumen road in just 21 hours time.

national highways, construction

Fall in toll receipts: NHAI may pay Rs 500 crore to BOT developers as compensation

The move will also mean extension of the concession period equal to the period during which the concessionaire was prevented from collection of toll fee.

In the event of partial collection of free where the daily collection is less than 90% of the average daily fee, the authority shall extend the concession period in proportion to the loss of fee on a daily basis.

Soon, travel time to UP and traffic woes in Delhi to reduce as work on National Highway 709B starts next month

Once work on this highway is complete, it will reduce the travel time to the districts of UP and ease traffic flow in Delhi's northeast areas such as New Usmanpur, Khajuri Khas, Pushta Road, Sonia Vih

national highway, construction

RInfra in talks with Cube Highways, Brookfield, Apollo Global for sale of 5 road assets

Together, the five roads are expected to fetch around Rs 3,250 crore, which will help the company reduce its consolidated debt of Rs 14,260 crore as of March 2021.

While CDPQ and Brookfield declined to comment, an email to Apollo Global and message to Cube Highways did not elicit any response.

Highway construction in Q1 up 25% on year

However, the pace of construction in the first three months of the current fiscal was far behind the record high of 36.4 km/day achieved in the entire 2020-21 fiscal.

During the April-June period of the current fiscal, project awards also marginally increased to 1,681 km from 1,658 km in the same period last fiscal. In the same period of 2019-20, only 743 km project length was awarded.

All-weather connectivity to Manipur! Nitin Gadkari inaugurates & lays foundation stone for 16 NH projects

These projects will facilitate health care and emergency service to the remotest of the areas in Manipur as well as create employment and self-employment opportunities.

highways, manipur

Better connectivity in Lucknow! 105-km-long Ring Road to be completed soon; details

The minister said once the road project is completed, it would ease the movement of vehicular traffic arriving in Lucknow from other cities.

ring road, lucknow

Traffic back on highways! Rs 103 crore toll collected through FASTags by July 1

With the Modi government opting for a calibrated unlock of business activities, the FASTags have become the preferred mode of toll collection in as many as 780 toll plazas, including all 660 toll plaz

toll tax, fastags

Purvanchal Expressway: Eastern UP poised for infra upgrade

With 95% of work complete on the 341-km project, India's longest expressway, connecting Lucknow to Ghazipur, is expected to be flagged off in August

Though Covid-19 and the resultant exodus of labour saw the pace of construction getting impacted slightly, the project has still managed to adhere to the original schedule.

Toll collection via FASTags on national highways increased 21% m-o-m in June

Around 96% of the toll is currently collected through the electronic route using FASTag.

In May, toll collection declined 23.47% to Rs 2,125 crore over the previous month. In April Rs 2,777 crore toll was collected and Rs 3,086 crore in March.

Ropeways and alternative mobility solutions to be considered for urban, hilly and last mile connectivity; NHIDCL takes charge

NHIDCL, a company fully-owned by the MoRTH, had constructed 628 km highways and recorded a Rs 87.61-crore net profit in 2019-20.

“The subject of coordination, research, standards and policy matters in respect of ropeways and other innovative/alternative mobility solutions has been entrusted to the ministry of road transport and highways and to say that this subject will be dealt by the NHIDCL cell of the ministry with immediate effect,” MoRTH said in a notification on Thursday.

Highway construction target raised manifold; to construct 40 km roads per day

As on March 31, 2021, works on 2,108 highway projects with a cumulative length of 64,010 km, costing Rs 9,22,404 crore, were ongoing, according to the ministry of road transport and highways.

Easy and smooth commute for Mumbaikars! Ghatkopar-Mankhurd link road flyover likely to be open soon

Officials from the Corporation's bridges department said that the overall flyover project is almost over and now only petty works remain such as asphalting and painting of some stretches of the flyove

flyover, mumbai

Highway contracts: Easier entry norms pay off

Earlier this year, the ministry of road transport and highways revised model concession agreements for both EPC and HAM, paving the way for those building stadium, hospitals and hotels to also get int

The time and cost overruns could be due to various reasons, including steep increase in commodity prices, change in scope, delays in land acquisition and approvals; and force majeure events among others, Icra said.

Second COVID-19 wave: Here’s how NHAI, contractors made workers stay back

Early April, officials and contractors consciously drove home the message that workers, in the ongoing pandemic, are much better off, and safer, staying in their work site camps than heading to their

highways, NHAI

Is demand enough to bring scale for the logistics sector?

Of the unorganized market, trucking makes up the largest share as 85% of the Indian trucking market is made up of small fleet owners with 5-20 trucks.

logistics, infrastructure

NHAI to mop up Rs 15,000 cr via monetisation this fiscal

The NHAI InvIT, the second one promoted by a public sector entity after PGlnvlT, sponsored by power transmission utility PGCIL, was launched in late April. It will be out of bounds for retail investor

In the event of partial collection of free where the daily collection is less than 90% of the average daily fee, the authority shall extend the concession period in proportion to the loss of fee on a daily basis.

Innovative, effective solutions for safety on roads, highways: Vikramjiet Roy, MD, Maccaferri India explains

Hilly terrains are challenging for construction due to steep cuttings, soil retention, drainage, landslides which may lead to many calamities and loss of life.

Road safety, Highways safety, hilly roads, Vikramjiet Roy, Maccaferri, Geosynthetics, Rockfall Protection

NHAI lashes whip again; Bars another company

Upon non-compliance, a show-cause notice was issued to Gayatri Projects. The reply given by the contractor explaining the deficiencies were found to be unsatisfactory.

The time and cost overruns could be due to various reasons, including steep increase in commodity prices, change in scope, delays in land acquisition and approvals; and force majeure events among others, Icra said.

NHAI takes tough action! Debars Consultant; Here’s why, check details

Recently, the highway authority has debarred Lion Engineering Consultants in association with Synergy Engineering Group Private Limited from engagement in future NHAI projects for six months' duration

NHAI, national highway
Advertisement
Income Tax Calculator, Budget 2019, How to Calculate Income Tax

 

Stock Market

Advertisement
Advertisement