Aussie firm Macquarie puts in Rs 9,681-crore winning bid for 9 TOT projects
Of the nine projects, five are running across Andhra Pradesh and four in Gujarat. Apart from Macquaire and Brookfield, IRB Infrastructure and Roadis-NIIF were there in the final run to get these asset
Mar 01, 2018
Macquarie wins maiden bundle of road projects under TOT for Rs 9,682 cr
The amount offered is 1.5 times higher than the estimates of NHAI.
Mar 01, 2018
NHAI awards Rs 939-cr contract for ring road around Srinagar
The National Highways Authority of India has awarded a Rs 939 crore project for construction of proposed Srinagar Ring Road to Ramky Infrastructure, the government said today.
Feb 28, 2018
Road contract awards: GST slows down pace; here’s how
NHAI was to have awarded 10,000 km but had bid out some 2,697 km till end January. This was lower than the 2,912 km awarded in the April to January period of 2016-17.
Surya Sarathi Ray
Feb 26, 2018
Asset recycling: NHAI plan tots up healthy interest
Feb 23, 2018
Government approves Rs 2,920 cr highway project in Karnataka
The six-laning of about 61 km is estimated to cost approximately Rs 2,919.81 crore including the cost of land acquisition and pre-construction activities.
Feb 20, 2018
Char Dham project: Cabinet nod to Rs 1,384 cr tunnel in Uttarakhand
The decision was taken at a CCEA (Cabinet Committee on Economic Affairs) meeting chaired by Prime Minister Narendra Modi here.
Feb 20, 2018
Will make massive investment to improve roads, drainage system, says Delhi CM Arvind Kejriwal
Chief Minister Arvind Kejriwal today said the Delhi government will make "massive investment" to improve the condition of roads and develop drainage system across the national capital.
Feb 14, 2018
IRB Infra achieves finance closure for Rs 1,526 crore highway project in Rajasthan
IRB Infra today said its SPV KG Tollway Pvt Ltd has achieved financial closure for Rs 1,526 crore highway project in Rajasthan.
Feb 14, 2018
Cabinet approves investment proposal for umbrella highway sector programme Bharatmala Pariyojana
The Cabinet has accorded approval to the investment proposal for the umbrella highway sector programme Bharatmala Pariyojana (BMP) Phase I for development/upgradation of 34,800 km of National Highway
Feb 05, 2018
Budget 2018: Big infrastructure push by Arun Jaitley, and there’s one clear winner
With a whopping 50% increase from the last Budgetary allocation and a 20% hike from the revised estimate, the infrastructure sector continued to remain one of the thrust areas for the Narendra Modi go
Feb 02, 2018
NHAI invites bids for Rs 1.75 lakh crore highway projects
National Highways Authority of India (NHAI) has invited bids for Rs 1.75 lakh crore highway projects till January in the current fiscal, the government said today.
Feb 02, 2018
Nitin Gadkari holds meeting with Nitish Kumar on road projects in Bihar
Modi had announced a Rs 1.25-lakh crore package for the state in 2015, shortly before Bihar went to assembly polls.
Jan 30, 2018
If you build roads, will financing come? Find out
Policy-makers assume financing will follow once roads are built, and facilitate best use of new productive opportunities created by new road connectivity. Yet many rural and agrarian economies suffer
Jan 27, 2018
Centre urges North East states to expedite land acquisition for road projects
Concerned over delays in land acquisition for highway projects in the North East, the Centre has sought the intervention of officials in the region for expediting the process, a top official has said.
Jan 26, 2018
Zojila tunnel: NHIDCL inks MoU with ILFS for Rs 6,808 crore project
NHIDCL and IL&FS transportation signed an MoU for construction of Zojila tunnel at an estimated cost of Rs 6,808.69 crore, the government said today.
Jan 25, 2018
India-Myanmar-Thailand Trilateral Highway by 2019, says Union minister Nitin Gadkari
India-Myanmar-Thailand Trilateral Highway (TH) is likely to be operational by December 2019, Union minister Nitin Gadkari said today.
Jan 23, 2018
Protests against bus fare hike spreads to several parts of Tamil Nadu
In Chennai, DYFI activists staged protests. The members of the public, comprising mainly daily wage earners, said the new fare implemented from yesterday took away a chunk of their meagre income. Simi
Jan 22, 2018
Infrastructure in Kerala: State turns to its expats to build 2 highways worth Rs 10,000 cr
The state is tapping money with its expats to build two highways worth `10,000 crore from north to south
M Sarita Varma
Jan 22, 2018
Why overseas investors are showing high interest in toll, operate, transfer (TOT) model
Projects to be bid out on the toll, operate, transfer (TOT) model by the National Highways Authority of India (NHAI) next month have been seen as ones that will require strong patient capital backing;
Jan 19, 2018
Government plans ring roads worth Rs 36,290 crore in 28 major cities, says Nitin Gadkari
The government is planning to build ring roads in the country's 28 major cities at an estimated cost of Rs 36,290 crore, Union Minister Nitin Gadkari said.
Jan 15, 2018
Road projects involving Rs 50,000 crore to come up in Uttarakhand by 2019, says Union Minister Nitin Gadkari
Announcing a slew of projects for Uttarakhand in next two years, Union Minister Nitin Gadkari said 70 roads involving around Rs 50,000 crore will come up in the state by 2019.
Jan 09, 2018
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Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
Budget 2019: Hike in import duty may dampen the gold rush
Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
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