Page 2 - Highway Construction

Centre allocates Rs 1,782 cr for strategic road project in Arunachal

The Centre has sanctioned Rs 1,782 crore for construction of a strategic road project in Arunachal Pradesh, Union Minister of Road Transport and Highways Nitin Gadkari said on Wednesday. The ministry sanctioned the project for the construction of the 82-kilometre-long greenfield road from Pango to Jorging in Upper Siang district of the northeastern state. The project would encompass package-1 and II, Gadkari said on X. "The proposed project aims to ensure seamless and secure traffic flow, establishing year-round connectivity to the villages in the region, thereby catalyzing socio-economic development in the hilly areas of the district", the minister said. The strategically crucial road will substantially reduce travel time for security forces, enhancing their efficiency in reaching border areas, Gadkari added. Arunachal Pradesh Chief Minister Pema Khandu has expressed his delight over the development. Khandu said that under the leadership of Prime Minister Narendra Modi, there is

'Centre to revamp BOT model, boosting private capital in national highways'

The Centre had decided to make major rejigs in the BOT concession amid tepid interest from private players for the asset monetisation model

Centre plans mega highways constructions to replace Bharatmala Pariyojana

Launched in October 2017, Bharatmala Pariyojana aimed to develop 74,942 kms of national highways with an investment of Rs 5.35 trillion

Will achieve 13,814-km highway construction target this fiscal: Road secy

The Ministry of Road Transport and Highways (MoRTH) is confident of achieving the highways construction target of 13,814 kilometres for the current fiscal, its secretary Anurag Jain said on Friday. Addressing a press conference, Jain further said the total length of national highways in India increased 60 per cent to 1,46,145 km till December 2023, from 91,287 km in 2014, since the Narendra Modi government came into power. "The pace of highway construction in 2023-24 so far has been better than last year, and we are confident of achieving the 13,814-km highway construction target during the current fiscal," he said. Up to December 31, 2023, the ministry has built 6,217 km of national highway, higher than last year's 5,774 km for the same period. According to him, the government is planning to award 10,000 km of national highway projects in 2023-24. Jain also said that the government has asked companies to prepare detailed project reports (DPR) for unawarded identified projects to

Govt explores ways to incorporate waste materials into highway construction

Draft policy by Ministry of Road Transport & Highways seeks to integrate Swachh Bharat Mission 2.0 with National Highway construction

Mumbai Trans Harbour Link: India's longest sea bridge project explained

With an estimated cost of Rs. 17,843 crore, the MTHL project is managed by the Mumbai Metropolitan Region Development Authority and has neared 97% completion

U'khand tunnel rescue: Robots to check on trapped workers' mental health

After a portion of the tunnel caved in on November 12 in Uttarakhand, the debris falling in the 60-metre stretch on the Silkyara side of the tunnel trapped 41 labourers inside

Undeterred by price rise, CV sales likely to set a new record in FY24

Buoyed by improving highway infrastructure, demand for buses has grown by more than 35%. Overcrowded trains are also adding to the growing road-based transport

Project cost over doubled to Rs 10.64 trn under Bharatmala Pariyojana: Icra

The project cost under the Bharatmala Pariyojana (BMP) programme has more than doubled to Rs 10.64 lakh crore owing to the steep rise in input costs and an increase in land acquisition costs, rating agency ICRA said on Monday. Bharatmala Pariyojana is the largest highway infrastructure programme in India which aims at the development of 34,800 kilometres of national highway corridors at an investment of Rs 5.35 lakh crore. "Pending the cabinet approval for the revised cost of Bharatmala Phase-l, project awarding activity in the recent quarters took a beating, declining by 48 per cent YoY to 2,595 km during 7mFY2024 compared to 5,007 km during 7mFY2023," it said. The figures are for the first seven months of this fiscal compared to the year-ago period. ICRA said it expects the awarding activity to contract over 30 per cent YoY (Year-on-Year) in FY2024. Giving more insights, ICRA VP & Co-Group Head Ashish Modani said almost 95 per cent of the road awards by the Ministry of Roads ..

Samakhiyali Tollway to bring highway project in Gujarat at Rs 2,100 cr: IRB

Samakhiyali Tollway Private Limited, a special purpose vehicle of IRB Infrastructure Developers, will execute the Samakhiyali-Santalpur highway project in Gujarat with an outlay of Rs 2,092 crore, according to a statement on Thursday. The project is to be executed on Build Operate and Transfer (BOT) mode, IRB Infrastructure Developers (IRB) said in the statement. "Samakhiyali Tollway Private Limited has successfully achieved financial closure for its Samakhiyali Santalpur BOT highway project in Gujarat. The SPV is to execute the project with a cost outlay of Rs 2,092 crore... through IRB Infrastructure Trust," it said. The consortium of lenders has extended debt support of Rs 1,446 crore for the project while the remaining Rs 646 crore will be in the form of equity contributions and internal accruals from the concessionaire, the company added. Virendra D Mhaiskar, the company's Chairman & Managing Director, said, "After successful commencement of the Hyderabad Outer Ring Road ...

Slow progress in highway construction persists despite government push

Only 20% of the ambitious target of building 13,800 km of highways have been constructed so far for the financial year

PNC Infra surges 6% amid reports of KKR unit eyeing its road assets

KKR's roads Highways Infrastructure Trust is in talks to acquire a portfolio of 12 road projects from the company for an enterprise value of about Rs 9,000 crore.

Ganga expressway in UP likely to open for the public before schedule

"The expressway is a dream project of Chief Minister Yogi Adityanath, and no slackness would be tolerated in its construction," he said during a meeting to review its progress

Highway contracts: Retrospective booster to put surety bonds in fast lane

The Centre is also trying to push banks towards adopting the e-bank guarantee framework, in a bid to eliminate cases of fraud guarantees

FY24 national-highway construction a slow start due to unseasonal rain

Unseasonal rain dampens momentum gathered in March

Construction of national highways at 10,993 kms in 2022-23, says MoRTH

The construction of national highways in 2022-23 was 10,993 kilometres, falling 13.70 per cent short of the government's target of 12,500 km, according to the Ministry of Road Transport and Highways (MoRTH) latest data. The ministry awarded highways of 12,375 km length in the last financial year. While the pace of the construction of national highways (NH) in the country touched a record high of 37 kilometre a day in 2020-21, it slowed to 30.11 kilometre a day in 2022-23. The National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India. The ministry said it had constructed 10,237 km in 2019-20, 13,327 km in 2020-21 and 10,457 km in 2021-22.

Mumbai-Goa highway work will be completed by December, says Gadkari

Union Minister Nitin Gadkari on Thursday said the work on the Mumbai-Goa highway will be completed by December this year, which would give a huge boost to development in Maharashtra's Konkan region. He was speaking at the 'bhoomi pujan' ceremony in Panvel of the concretisation of the Palaspe-Indupur national highway stretch and some other routes. The Union Minister of Road Transport and Highways several works in the state's Konkan region were help up due to issues like land acquisition, permissions, contractor problems. He also announced the construction of the Rs 13,000 crore Morbe-Karanjade road, which will go through Jawaharlal Nehru Port and reduce the time needed to cover the distance between Mumbai and Delhi to 12 hours. Work on the Rs 1,200 crore Kalamboli junction and Rs 1,2000 Pagode junction too will begin soon, he said. He said the much-delayed Mumbai-Goa national highway work will be completed by December this year, which will hugely boost development prospects of the

National highway construction in February at 42 km/day, highest in FY23

National highway development near FY22 levels, but likely to miss target

Highway construction up from 6,061 km in FY16 to 10,457 km in FY22: Survey

In FY23 (until October 2022), a total of 4,060 km of NHs and roads were constructed, which was around 91 per cent of the achievement in the corresponding period of the previous financial year

MoRTH confident of achieving highway construction target of 12k km in FY23

The Ministry of Road Transport and Highways (MoRTH) is confident of achieving the highways construction target of 12,000 kilometres for the current fiscal as the pace of construction has increased, its secretary Alka Upadhyaya said on Sunday. Upadhyaya further said the National Highways Authority of India (NHAI) has already realised around Rs 2,850 crore through Infrastructure Investment Trust (InvIT) mode in phase 2, and phase 3 is in the advanced stage to realise the target by the end of the current financial year. "Extended monsoon has dampened the pace of National Highway construction. "However, the pace of construction has increased, and we are sure that the given targets shall be met by March 2023," she told PTI in an interview. The ministry has constructed 4,766 km of National Highways up to November 2022-23 compared to 5,1.18 km constructed till November 2021-22. The award figure is 5,382 km till November 2022-23 compared to 5,578 km a year ago. The ministry has construct