Road Infrastructure

DK Shivakumar meets Biocon's Kiran Mazumdar-Shaw amid Bengaluru infra row

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

Stuck in traffic, potholes: Startup exits Bengaluru's ORR after 9 years

'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

Bengaluru Traffic Police push for Wednesday WFH to tackle road congestion

Joint initiative by Bengaluru traffic police, BBMP, and BMTC aims to ease ORR gridlock with Wednesday WFH, staggered shifts, and shuttle services

Datanomics: Gujarat bridge collapse highlights infrastructure faultlines

Among India's 150,746 railway bridges, 25.8 per cent are over a century old

InvITs' AUM to triple to ₹21 trillion by FY30, says industry body

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

IRB Infra eyes road asset base of Rs 1.4 trn in three years: Senior exec

Company has a strong balance sheet, sees 'immense opportunities' in road monetisation projects

Govt to take up road projects worth ₹2 trn in T'gana over 3-4 yrs: Gadkari

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 ...

Non-stop Delhi-Jaipur travel in 2.5 hrs with new expressway link

A new 67-km express highway now connects Bandikui to Jaipur Ring Road, cutting the travel distance by 20 km

Mumbai roads to be 'truly pothole-free' by May 31, vows Dy CM Shinde

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

Aaditya Thackeray demands probe into road concretisation in Mumbai

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.

Cube Highways InvIT buys two road assets at enterprise value of Rs 4,184 cr

Both the assets are annuity-based and located in Jammu and Kashmir

Road InvIT AUM to rise 68% to Rs 3.2 trillion by Mar 2026: CRISIL Ratings

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.

India's road infrastructure will surpass that of US: Nitin Gadkari

Union minister Nitin Gadkari on Saturday asserted that India's road infrastructure will be better than that of America in the coming time, underscoring that efficient highways, waterways and railways can lower logistics costs and boost the economy. He also took potshots at consultants making detailed project reports (DPR) for roads, saying they prepare this document by sitting at home. The Union Minister for Road Transport and Highways was addressing the inaugural session of a two-day seminar in Bhopal on Latest emerging trends and technologies in road and bridge construction'. Gadkari recalled that when he was a minister in Maharashtra, he had a quote by former US President John F Kennedy in his office: American roads are not good because America is rich, but America is rich because American roads are good. The senior BJP leader said his friend Ratan Tata, who died earlier this month, had asked him several times about the quote during his visits to the minister's office. In the .

PM Modi to launch infra projects, agri schemes in Maharashtra on Saturday

The projects include the first phase of Mumbai Metro Line 3 Aqua Line, which is built at a cost of Rs 14,120 crore. The overall cost of the project is stated to be Rs 37,276 crore

CM Tamang chairs meeting with BRO for improvement of roads in North Sikkim

Sikkim Chief Minister Prem Singh Tamang asked the Border Roads Organisation (BRO) and state government officials to find out ways to improve road infrastructure, particularly in the strategically crucial North Sikkim. At the high-level review meeting held at the Chief Minister's official residence late Monday evening, Tamang stressed the need to find immediate and sustainable solutions to address road infrastructure in vulnerable and landslide-prone areas, particularly in North Sikkim, officials said. A joint inspection of critical regions was agreed upon to ensure a comprehensive assessment and action plan. The chief minister emphasised the importance of speeding up joint inspections and urged the officials to ensure swift execution of necessary actions. He also asked for restoration of damaged roads across the state on an urgent basis and called for immediate steps to expedite the recovery process. Tamang expressed his gratitude to BRO for its active participation and valuable .

Odisha govt asks transport officers to seize vehicles without fitness

The Odisha government has directed the transport authorities to seize vehicles, which are plying on roads without valid fitness certificates, and file cases. Transport Commissioner Amitabh Thakur has issued a circular, asking officers to take action against owners of vehicles which are being operated without valid fitness and registration certificates, an official statement said on Tuesday. The directions have been issued to not only impose fines but also to seize such vehicles and file cases as per the law, it said. All deputy transport commissioners and regional transport officers (RTOs) have been instructed to intensify the process for inspection of fitness and registration certificates throughout the state. According to the Central Motor Vehicles Act 1988, transport vehicles must have valid registration and fitness certificates, and for non-transport vehicles to have valid registration documents. Despite repeated awareness campaigns, some vehicle owners have been found violati

TN CM MK Stalin announces development of additional 10,000 km rural roads

Tamil Nadu Chief Minister M K Stalin on Monday announced in the Assembly that in the next two years, additionally, 10,000 km rural roads will be developed under the CM's Village Roads Development Scheme at an estimated cost of Rs 4,000 crore. Making a statement in the House, Stalin said development of road infrastructure is very important in the overall goal of the Dravidian model government to develop 'all districts, all sectors and all sections of the society.' There is a direct link between investing in rural roads and the welfare of people in rural regions. Developing road infrastructure and transport services improves trade efficiency in rural areas. It leads to reduction in input costs and an increase in production in agriculture sector. Under the Chief Minister's Village Roads Development Scheme (CMVRDS) announced by him on January 13, 2023 in the Assembly, Rs 4,000 crore was allocated for improving 10,000 km rural roads and so far, under this initiative, work is complete in

Modi lays foundation stone, lists projects worth Rs 17,300 cr in Tamil Nadu

Central government's work creating employment and improving living in the state, he says

Technical norms for road planners get stricter, to get higher priority

Bidders will have to disclose deficiencies in the past

Road ministry aims to construct record 13,813 km of highways in FY24

Jain further said the road ministry aims to garner Rs 40,000 crore through asset monetisation in the current financial year. Going forward, there will be more private investment for road projects