Page 4 - Highway Construction

Road construction faster than ever, says Union Minister Nitin Gadkari

The annual average construction of national highways has recorded an 83 per cent spike in what was recorded during 2009-2014, Gadkari shared on his Twitter timeline

Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project

The company has received letter of acceptance from NHAI for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore

Aim to construct 60,000 km of world-class national highway by 2024: Gadkari

The Road Transport and Highways Ministry Nitin Gadkari on Friday said that his aim is to construct 60,000 kilometres of the world-class national highway by 2024, at the rate of 40 kilometre per day

GR Infraprojects IPO: Here's all you need to know about the issue

A day ahead of the IPO, the company allocated 3.38 million shares at Rs 837 per share to 22 anchor investors and successfully raised Rs 283.3 crore

NHAI debt reaches new high of Rs 3.2 trillion; toll revenue dips 4%

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016

PNC Infra surges 9%, nears record high on strong order book position

As of March 31, 2021, the value of contracts under PNC Infartech's execution stood at Rs 11,648 crore

UP's bid to keep expressway work in the fast lane amid Covid-19 crisis

Four expressway projects with an estimated outlay of Rs 80,000 crore are in different stages of development in the state

Driving on high-tech highways

Roads are becoming smarter even if the people driving are not. A set of smart technologies is making construction, maintenance, and traffic management much more efficient

Highways construction touches record 37 km per day: Nitin Gadkari

Union Minister Nitin Gadkari has said that the pace of highways construction in the country has touched a record 37 km per day in financial year 2020-21

Govt eases curbs on steel for highway construction to reduce cost

Doing away with restrictive conditions for use of steel in highways construction, the government on Sunday announced that all kinds of steel will be allowed for highways

UltraTech, ACC: Infra push in Budget 2021 to fuel rally in cement stocks

Frontline cement stocks have shown tremendous strength in the stock price from a medium term view that may touch higher levels in coming months

Record construction of 534 km of national highways in one week: Govt

The road ministry on Sunday said that a record 534 km of national highways was constructed in one week, beginning January 8, 2020

13 highways to be built at cost of Rs 21k cr in North Karnataka: Gadkari

He assured that the ongoing projects in the North Karnataka region including Hubballi - Hospete Highway will be completed shortly

Govt constructed 2,921 km of highways under the Bharatmala Pariyojna

A total of 322 projects in a length of 12,413 km have been awarded under Bharatmala Pariyojana till August, 2020

NHAI agrees to suggestions by developers body to ease highway construction

Other suggestions pertaining to policy related matters have been sent to the ministry for consideration

NHAI awarded projects worth Rs 31,000 cr in FY21, highest in past 3 years

It has set a target of awarding 4,500 km of highway during current financial year, which it is likely to exceed

Little known Megha Engineering beats the Goliaths of the infra space

Its revenues nearly quadrupled in five years to Rs 20,300 cr in FY19, while its net profit jumped 6x to about Rs 2,800 cr, making it India's largest construction and engineering firm after L&T

Ashoka Buildcon reports 6.7% rise in profit after tax at Rs 69 cr in Q1

The company had clocked a profit after tax (PAT) at Rs 65 crore for the corresponding quarter a year ago, it said in a statement.

Highway construction in Q1 dips to 18 km a day amid Covid-19 pandemic

The Ministry of Road Transport and Highways constructed 1,640 kilometres in the first quarter (April-June) of the financial year 2020-21 (FY21).

Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana

The projects for laying foundation stone include 227 km 6-lane access controlled Greenfield expressway from Ismailpur to Narnaul on NH 152D in 8 packages costing Rs 8,650 crore