IRB Infrastructure on Thursday posted a 10 per cent rise in its toll revenue to Rs 554 crore in April compared to Rs 503 crore in the same month last year. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 150.7 crore to the total revenue collection in April, up from Rs 140.7 crore contribution in April 2024, IRB said in an exchange filing. Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to Rs 65.4 crore from Rs 59.2 crore in 2024, it said. With Rs 32.7 crore, CG Tollway (Chittorgarh to Gulabpura NH 79) was the third largest contributor to the revenues in April, up from Rs 29.7 crore last year. Udaipur Tollway Limited collected Rs 27.2 crore toll revenue higher from Rs 25.5 crore a year ago. Amitabh Murarka, Deputy CEO of the company said, "We concluded FY25 with robust momentum, which continued into April 2025, as reflected in 10 per cent y-o-y growth in toll revenues. Given the overall performance of the Indian economy and the .
Union minister Nitin Gadkari on Thursday said that infrastructure development is key to making India a strong economic power, and the highways ministry has taken a decision to convert 25,000-30,000 km two-lane highways into four lanes at an investment of Rs 10 lakh crore. Addressing an event here, Gadkari further said that the Ministry of Road Transport and Highways (MoRTH) will now encourage the Infrastructure Investment Trust (InvIT) model to raise money for highway projects from Indian investors. "To make India a strong economic power, infrastructure is key... We have taken a decision to convert 25,000-30,000 km two-lane highways in the country into four lanes for Rs 8-10 lakh crore," he said. The road transport and highways minister further said his dream is to complete road projects worth Rs 5-6 lakh crore every year. National Highways are developed under different modes of execution, including Build-Operate-Transfer(BOT or toll, BOT (Annuity), Engineering, Procurement and ...
The government is planning to upgrade 25,000 km of highways to four lanes at ₹10 trillion, expand 16,000 km to six lanes for ₹6 trillion; it aims to cut road accidents by 50 per cent by 2030
The Delhi High Court has directed the central government to apprise it about the regulatory mechanism for ensuring that taxi aggregators' applications are disabled-friendly prior to their launch. The court granted a last opportunity to the Union Ministry of Road Transport and Highways to file an affidavit on this aspect within four weeks. . failing which, the concerned Joint Secretary of the respondent no.2 (ministry) shall personally remain present in court, on the next date of hearing (August 13), Justice Sachin Datta said and listed the matter for further proceedings on March 19. Meanwhile, bike-taxi aggregator Rapido also assured the court that adequate steps will be taken to ensure that its application continues to be disabled-friendly. The submission came after the court was informed that as per the accessibility audit report, several accessibility issues were identified in the Rapido Android App'. The counsel for Roppen Transportation Services Pvt Ltd -- which owns Rapido -
The Jammu and Kashmir government on Saturday said bids have been invited for preparing detailed project reports (DPRs) for development of three ropeways, including 11.60 kms Baltal to 3,880 meter high holy cave shrine of Amarnath, to facilitate the easy movement of pilgrims during the annual pilgrimage. In addition, bids for preparation of DPRs are also being invited by the National Highways Logistics Management Ltd (NHLML) for three more ropeway projects -- two in Budgam and one in Ramban district, Chief Minister Omar Abdullah said in a written reply in the Jammu and Kashmir Assembly. Abdullah, who is also minister in-charge tourism, gave the information in response to unstarred question by National Conference legislator Sajjad Shaheen, who referred to the March 15, 2022 decision of the lieutenant governor led administrative council and subsequent government order dated September 6, 2023 about the development of ropeway projects through the NHLML under Parvatmala initiative. a list
According to an official statement, the project will be developed on build, operate and transfer (BOT) mode at a total cost of Rs 4,500.62 crore
Union Road Transport and Highways minister Nitin Gadkari in a written reply to the Rajya Sabha said it is proposed to proceed with corridor/stretch-based projects
The National Highways Authority of India (NHAI) has clarified that users' experience on highway toll plazas will not be impacted with the implementation of new norms on FASTag transactions. The clarification came after the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems, introduced a new regulation with regard to delayed transactions due to inactive FASTags at toll plazas. The rules have come into effect on February 17. The NPCI circular aims to ensure that the FASTag transactions are settled within the reasonable time of vehicle passing a toll plaza so that customers are not harassed by late transactions, NHAI said in a statement. "The circular has been issued by NPCI to facilitate resolution of disputes between acquirer bank and issuer bank on FASTag status while vehicle crosses toll plazas," it said. The NHAI further said that all National Highway toll plazas operate on ICD 2.5 protocol which gives ...
Delayed HAM projects rose from 33% of total projects to 55%, says agency
The government is planning to bring annual and lifetime toll passes for 15 years for Rs 3000 and Rs 30,000, respectively, to reduce the toll burden on regular commuters
The company's growth is fueled by the infusion of Rs 5,500 crore from its key investors- KKR Fund and Ontario Teachers' Pension Plan (OTPP)
Several districts, including Kanpur, Bareilly, Barabanki, Bahraich, Agra, Aligarh, and Gorakhpur are poised to benefit from these projects
This came after projects inaugurated by Modi saw quality defects, such as stretches of the Delhi-Mumbai Expressway, prompting criticism on social media
Nitin Gadkari mentioned that the transport sector accounts for about 40 per cent of India's air pollution and outlined various initiatives to address the issue
Since Adityanath took office in March 2017, various expressway projects - either commissioned or still under construction - have a total outlay of Rs 80,000 crore
The government has collected Rs 1.44 lakh crore as toll tax at fee plazas presently operational under Public Private Partnerships (PPP) model on National Highways since December 2000, Parliament was informed on Thursday. In a written reply to a question in the Lok Sabha, road transport and highways minister Nitin Gadkari said all user fee plazas on National Highways are established as per the provision of National Highways Fee (Determination of Rates and Collection) Rules, 2008 and the respective Concession Agreement. "Amount of 1.44 lakh crore rupees have been collected as user fee at fee plazas presently operational under Public Private Partnerships (PPP) model on National Highways since December, 2000," he said. Replying to a separate question, Gadkari said the government has initiated the implementation of barrier-free tolling using available technology based electronic toll collection (ETC) system as an added facility along with FASTag. The minister said presently, Global ...
Earlier, during its annual general meeting on September 28, 2024, the company had approved the sale of 12 road assets
Construction of the 5.9-kilometre, six-lane elevated road was initially conceived in 2012 to alleviate traffic congestion between Noida and Delhi. However, the project has faced many setbacks
Union Road Transport and Highways Minister Nitin Gadkari on Tuesday came down heavily on agencies and contractors over ill-maintained roads, saying good operators would be awarded but bad ones would be "driven out of the system". "We will not spare you. We'll ensure that bank guarantees of those doing bad work are forfeited and after this, we will blacklist you, not allow you to apply for new tenders," the minister said. His warning came after he noticed the bad maintenance of the Eastern Peripheral Expressway that he took to reach Ghaziabad to inaugurate a tree plantation drive 'Ek Ped Maa Ke Naam' under the 'Swachhata Hi Seva 2024 - Swabhav Swachhata - Sanskar Swachhata' campaign. During his address, the minister highlighted the strides in development made under the government, the ministry and the National Highway Authority of India, citing data, expenditures and the future vision for the sector. He also emphasised the need for pro-environment policies and initiatives like ...
The Ministry of Road Transport and Highways has constituted a panel of experts for the technical review of tunnel projects on National Highways. According to a communication by the ministry, the panel comprises experts from ONGC, RVNL and THIDCL for tendering expert advice during the appraisal of long tunnel (length of more than 1.5 km) projects. Proposals for long tunnel projects (length of more than 1.5 km) on NHs must be submitted to the Director General (Road Development) for technical review and obtaining expert advice from an advisory panel well before submitting the proposal for appraisal of Public Private Partnership Appraisal Committee (PPPAC) and Standing Finance Committee (SFC), it stated. In the communication to states, NHAI and National Highway Infrastructure Development Corporation, among others, the ministry stated that the proposal must include details of geological studies, alignment report, design of tunnels, safety measures during operations along with cost ...