Highway Project

Govt to launch first retail investments in NHs under Invit in February

Plans to add 1,500 kilometres of national highways to Public InvIT over next 3-5 years

IRB Infrastructure Trust secures UP highway project for ₹9,270 crore

Following the addition of the TOT-17 project, toll revenue for the IRB Group's portfolio is expected to rise significantly, while the group's asset base will surpass ₹90,000 crore

Highway Infra Q2 reuslts: PAT rises to ₹9.7 cr, eyes ₹200 cr EPC projects

Highway Infrastructure Ltd, which has reported a multi-fold rise in the September quarter net profit to Rs 9.7 crore, expects to execute Rs 150-200 crore worth of EPC projects and is actively bidding for new projects of around Rs 250 crore, a top company official said on Monday. The company plans to execute Rs 150Rs 200 crore worth of EPC projects over the next two years and is actively bidding for new projects worth approximately Rs. 250 crores, Arun Kumar Jain, Managing Director, Highway Infrastructure Ltd said. The September quarter witnessed a robust influx of new orders, including the expansion of toll operations with projects at Kiratpur and Muzaina Fee Plazas in Uttar Pradesh, a Greenfield Expressway in Rajasthan, and Chotiya Fee Plaza in Chhattisgarh, Jain said. The company achieved its highest-ever order book of Rs 775 crore, which provides strong revenue visibility, Jain said. The infrastructure development and management company, which has a presence in tollway collectio

Road contracts need quality-first revamp, says Suraksha Group's Valia

Suraksha Group's Sudhir Valia says India's road contracts should move away from the lowest-bid model that fuels poor quality and repeated monsoon damage

Cabinet clears 4-lane highway, rail line projects in poll-bound Bihar

The Cabinet has cleared two big projects in Bihar-doubling of the Bakhtiyarpur-Rajgir-Tilaiya rail line and building a 4-lane Sahebganj-Areraj-Bettiah highway to boost travel and trade

Union cabinet approves Rs 3,653 cr 4-lane Badvel-Nellore highway in Andhra

The 108.13 km project will connect Badvel-Gopavaram Village (NH-67) to Guruvindapudi (NH-16) and enhance infrastructure and industrial linkages

NHAI sets up dedicated cell to review DPRs of national highway projects

The cell will provide expert inputs and enable end-to-end monitoring of the DPR (detailed project report) for national highway projects

Govt's 100-day road map: 700 km corridors, 3,000 km on cards road projects

Highway ministry said it has deliberated on 100-day plan for new government

IRB Infra Trust wins Rs 1,720 cr arbitration award for highway project

Yedeshi Aurangabad Tollway Ltd (YATL), a special purpose vehicle of IRB Infrastructure Trust, has won an arbitration award of Rs 1,720 crore for a highway project, a statement said on Sunday. The YATL had initiated arbitration proceedings against the National Highways Authority of India (NHAI) after the authority disputed the company's claim for the extension of the concession period by 870 days and compensation of Rs 1,751 crore, the statement said. IRB Infrastructure Developers Ltd is the sponsor of IRB Infrastructure Trust. IRB was the EPC contractor for YATL and continues to be the project manager for YATL. The arbitration was based on the compensation payable to the IRB towards time and cost overrun suffered during the construction period on account of delays attributable to the NHAI and certain Force Majeure events, it added. After thoroughly hearing both sides, the statement said the Arbitration Tribunal has directed NHAI to pay compensation of Rs 1,720 crore including Inter

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

Uttarakhand tunnel collapse: 40 workers trapped, escape route being drilled

A portion of the under construction tunnel between Silkyara and Dandalgaon on the Brahmakhal-Yamunotri national highway collapsed in the early hours of November 12.

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

Pimpri-Chinchwad crash: Maharashtra govt to pay Rs 3 lakh to kin

Maharashtra Chief Minister Eknath Shinde on Tuesday announced a Rs 3 lakh compensation each to the kin of persons who were killed when a huge advertising hoarding collapsed on them in Pimpri-Chinchwad in Pune district, while a case of culpable homicide was lodged by the police in connection with the incident. Five persons, including four women, were killed and three others injured on Monday evening when an iron hoarding crashed on them due to strong winds on a service road in Pimpri-Chinchwad, an industrial town. Shinde announced a compensation of Rs 3 lakh each to the kin of the deceased, said an official statement here. Meanwhile, the Pimpri-Chinchwad police have registered an offence against three people -- the owner of the land where the hoarding was erected, its manufacturer and the person who hired the structure -- and also the firm whose advertisement was displayed on the board. The offence was registered under section 304 (punishment culpable homicide not amounting to murd

Follow all safeguards in road projects within 100 km of IB, LoC: Centre

Close on the heels of the Joshimath crisis, the Centre has issued a standard operating procedure asking agencies to mandatorily implement environmental safeguards in all roads and highway projects falling within 100 km of the International Border or the Line of Control. The standard operating procedure (SOP) issued by the Union environment ministry on February 6 stresses on mandatory disaster management plans, risk assessment and eco-fragility studies and precautions during tunnelling. The guidelines come seven months after the ministry waived the requirement for environmental clearance for highway projects up to 100 km of the International Border (IB) or the Line of Control (LoC). "The guidelines are to be followed for all roads/highway projects falling within 100 km from the International Border/Line of Control for sustainable environmental safeguards. "Further, the exemption of prior EC (environmental clearance) for all highway projects up to 100 km from the LoC or border does n

Nitin Gadkari wants retail investors to pip institutions in NHAI InvIT

Next InvIT issuance will have higher reservation for retail investors, says MoRTH Secretary Upadhyaya

September sees revival in national highway construction: Govt data

The ministry had constructed 10,237 kms in 2019-20, 13,327 kms in 2020-21, and 10,457 kms in 2021-22

CCI okays equity and CCD allotment of five highway SPVs by Indinfravit

The five SPVs are engaged in operating and maintaining highways in the states of Andhra Pradesh, Uttar Pradesh, Bihar and Maharashtra

Gurugram-Jaipur stretch of Delhi-Mumbai expressway to be completed by Nov

After the completion of the project, the travel time from Gurugram to Jaipur will be reduced to two and a half hours

SME EPC road contractors face shrinking margins as input costs spike

However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs

Karnataka: Gadkari lays foundation for 5 highway projects worth Rs 3,972 cr

The five projects are: Belagavi-Sankeshwar bypass, Sankeshwar bypass up to Maharashtra border, Chorla-Jamboki-Belagavi, Vijayapura-Muragundi (NH 548B) and Siddapura-Vijayapura(NH 561A)