The Union Cabinet has approved two road corridor projects worth ₹25,445 crore in Varanasi to improve connectivity, reduce congestion and enhance access to key religious and urban destinations
The ₹6,969-crore project will link the Dwarka Expressway with Vasant Kunj, easing congestion on key airport corridors and improving connectivity to South Delhi
The 8.1-km tunnel will connect Dwarka Expressway with Nelson Mandela Marg, improve connectivity across Delhi and generate over 17 lakh person-days of employment
Crisil said most delayed highway projects under the hybrid annuity model have received extension approvals as delays were beyond concessionaires' control
India is exploring V2X to enable vehicles and road infrastructure to communicate in real time. Still under consultation, the move could reshape road safety, traffic flow and future mobility systems
The highway ministry has introduced a fast-track approval framework for CGD infrastructure, cutting timelines to boost PNG and CNG expansion amid LPG supply constraints
Gadkari said toll collections could rise to Rs 3.5-4 trillion annually as India adopts AI-based, barrier-free tolling and expands road infrastructure
Economic Survey explains why Indians follow rules on metros but not roads, arguing behaviour changes with system design, enforcement and social norms
Karnataka Deputy CM DK Shivakumar met Biocon chief Kiran Mazumdar-Shaw a week after she raised concerns over Bengaluru's poor infrastructure, sparking an online discussion on the issue
'Nine years in Bellandur, but time to go': BlackBuck CEO blames bad roads and long commutes as company looks to move out of Bengaluru's ORR
Joint initiative by Bengaluru traffic police, BBMP, and BMTC aims to ease ORR gridlock with Wednesday WFH, staggered shifts, and shuttle services
Among India's 150,746 railway bridges, 25.8 per cent are over a century old
Bharat InvITs Association projects InvITs' AUM to rise from ₹7 trillion to ₹21 trillion by FY30, driven by asset monetisation and ₹16 trillion infra pipeline
Company has a strong balance sheet, sees 'immense opportunities' in road monetisation projects
The BJP-led NDA government at the Centre will take up road infrastructure projects worth Rs 2 lakh crore in the next three-four years in Telangana, Union Minister Nitin Gadkari said here on Monday. Speaking after laying the foundation stone and dedicating to the nation several road projects worth over Rs 3,900 crore in Kumram Bheem Asifabad district, the Minister for Road Transport and Highways said the length of national highways in Telangana has more than doubled in the last 10 years to 5,000 km after after he took charge. "Roadworks are continuously being undertaken in 33 districts (of Telangana). So far works worth Rs 1.25 lakh crore have been completed. The development that you have seen now is just the tip of the iceberg. In the coming times, in the next 3-4 years we are going to take up works worth Rs 2 lakh crore in Telangana. It is my belief that after completion of these works Telangana's image will transform," Gadkari said. The Narendra Modi-led central government is ...
A new 67-km express highway now connects Bandikui to Jaipur Ring Road, cutting the travel distance by 20 km
Affirming his commitment to making Mumbai roads pothole-free, Maharashtra Deputy Chief Minister Eknath Shinde said that the newly constructed roads would no longer require digging or repairs
Shiv Sena (UBT) leader Aaditya Thackeray on Saturday sought probe by the Economic Offences Wing of Mumbai Police in the road concretization that took place in the city in 2023-24. In a letter to Maharashtra Chief Minister Devendra Fadnavis, Thackeray said MLAs of several parties raised the issue of the poor quality of the concretization work in the state assembly this week. Roads in Mumbai are either dug up or incomplete which hinders traffic, the former minister said. "So there should be an enquiry into the concretization of roads that took place during 2023-24, and also an EOW probe into the tendering process. Action should be taken against contractors, officials and other concerned people," he added. Though he did not name anyone, deputy CM Eknath Shinde, who heads the rival Shiv Sena, was the chief minister during the period.
Both the assets are annuity-based and located in Jammu and Kashmir
The assets under management of infrastructure investment trusts (InvITs) in the road sector are poised to surge 68 per cent to Rs 3.2 lakh crore by March 2026 from Rs 1.9 lakh crore as of September 2024, Crisil Ratings said on Thursday. The rating agency further said the growth will be fuelled by the expansion of existing InvITs' asset pool and the emergence of new InvITs. "The AUM (assets under management) growth will be accompanied by diversification in terms of geography and concession type, which will help build resilience," Crisil Ratings said, adding that this, along with leverage levels being under control, will keep credit profiles of road InvITs strong. Infrastructure Investment Trust (InvIT) is an instrument on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time. According to the rating agency, the AUM growth will also bring diversification in terms of geographies and concession types.