West Bengal Chief Minister Mamata Banerjee Monday asked TMC workers to put up posters, organise rallies and gherao officials to force the completion of NH 60 bypass at Dubrajpur in Birbhum district
NHAI is taking the lead in conciliating matters and working towards resolving disputes through conciliation
Recent changes to Hybrid Annuity Model (HAM) for road sector projects will help in improved cash conversion cycle as well as protect the returns for developers, rating agency Icra said on Thursday.
The central allocation of Rs 25,000 crore, in addition to Rs 4.13 trillion given in the Union Budget, would be provided to states for capital expenditure
According to reports, the decision to swap the projects was taken during a meeting between the two authorities in August
Sets up portal-based performance evaluation under which vendors need to self-assess and submit project-related progress documents that will be reviewed at multiple levels by NHAI
Nitin Gadkari on Tuesday said that road projects of Rs 50,000 crore would be completed by 2023 in Madhya Pradesh and assured that in two years the state would have a world-class highways network
Union minister Nitin Gadkari stressed the need for utilising modern and green technologies in highways construction besides reducing the cost of road building by at least 25 per cent
The company, which launched the country's first public infrastructure investment trust (InvIT) in 2017, launched its second Rs 4,400-crore private InvIT
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
The RBI has slashed repo rates by almost 200 basis points since June 2019 from 6.25 per cent to 4.25 per cent to ensure availability of cheaper credit
Government will issue guidelines that lay down criteria for restarting work
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.
Last week, the government came up with an ambitious plan for infrastructure investment
While Rs 102 trillion to be invested during this period would be spread between 12 broad sectors, almost one-third of the projects are still in conceptual stage
Centre and states will be equal contributors
The minister said he has given these subjects to Defence Minister Rajnath Singh for the past one-and-a-half months
Describing the process of acquiring land and environment clearance as the major hurdles, the Union road transport and highways minister said environment and development have to go together
In sync with norms on hybrid-annuity and EPC contracts, NHAI has identified stretches of approximately 935 km across India, which will be constructed on built operate transfer (BOT) toll mode
This will ensure better maintenance of roads built under the Pradhan Mantri Gram Sadak Yojana