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Highway projects News

24 Dec 2020

Gadkari to lay foundation stone for 18 highway projects in Rajasthan

Nitin Gadkari will inaugurate, lay the foundation stone for 18 highway projects in Rajasthan today These projects carry a road length of nearly 1,127 kilometres, involving a construction value of Rs 8,341 crores.

19 Sep 2020

PM Modi to lay foundation of 9 highway projects of over Rs 14k cr in Bihar

These nine highway projects involve a road length of about 350 kilometres at a cost of Rs 14,258 crore.

economic corridors

13 Jul 2020

Gadkari to inaugurate, lay foundation stones for Rs 20K cr projects in Haryana

The projects for inauguration include 35.45 km 4-lane Rohna/ Hasangarh to Jhajjar section of NH 334B costing Rs 1,183 crore, 70 km 4-laning of Punjab-Haryana Border to Jind section of NH 71 (Rs 857 crore), and the 85.36 km 2-lane with paved shoulders Jind-Karnal Highway on NH 709 (Rs 200 crore).

07 Mar 2019

Uttar Pradesh to get highway projects worth over Rs 1 lakh crore

Union Home Minister Rajnath Singh will inaugurate and lay the foundation stone for highway projects in Lucknow on Thursday.

highway projects

20 Sep 2016

Government approves 9 highway projects worth Rs 2,600 cr

The central government on Tuesday approved nine highway projects at a cost of Rs 2,600.31 crore, a statement said.

highway projects

20 Sep 2016

Govt approves Rs 2,600-crore highway projects across five states

Government on Tuesday approved nine highway projects in five states to be executed at a cost of Rs 2,600 crore.

highway projects

27 Jan 2016

Govt approves hybrid annuity model for highway projects

The government on Wednesday approved hybrid annuity model for building roads to fast-track highway projects, revive the Public-Private-Partnership (PPP) mode and attract more investments in the sector.

infrastructure sector

18 Nov 2015

Govt to compensate infra developers for project delays

The government on Wednesday unveiled two key policy initiatives to revive the infrastructure sector, which include compensating developers in case of delays in highway projects and empowering the ministry concerned to okay projects with civil construction cost of up to Rs 1,000 crore.

Mamata Banerjee government

01 Nov 2015

WB Govt gets kudos for procuring land for highway projects

The Mamata Banerjee government which has faced criticisms from different quarters over its land policy, on Sunday received kudos from the Union Road Transport secretary who said his ministry has got huge support from the West Bengal government over the last one year for procuring land for the highway projects in the state.

11 Oct 2015

'Banks over-financed road projects, now crying foul'

As the roads and highways sector grapples with a massive problem of funds going bad, the role of banks have come under scrutiny for "happily over-financing" a large number of projects without necessary due diligence and thus creating a 'scam-like' situation.

highway projects

06 Oct 2015

Highway projects worth Rs 67,000 crore at high risk: Crisil

Around 50 percent of the projects under-construction are at high risk of not being completed because of significant cost over-runs and weak wherewithal of sponsors.

Gammon Infrastructure

29 Aug 2015

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.

13 May 2015

Govt allows cos to exit road projects; NHAI to fund stalled ones

The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.

highway projects

22 Apr 2015

Government approves Rs 5,529-cr highway projects

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.

07 Apr 2015

CCEA approves highway projects worth Rs 9,500 crore

The government Tuesday approved three highway projects worth Rs 9,500 crore in Tamil Nadu and Uttar Pradesh, including those connecting Varanasi -- the Lok Sabha constituency of Prime Minister Narendra Modi.

highway projects

23 Feb 2015

Highway projects to pick up in Q1 of the next fiscal: ICRA

Efforts to fast-track clearances in the highways sector will yield positive results beginning the first quarter of 2015-16, rating agency ICRA said Monday.

19 Feb 2015

CCEA gives nod to highway projects worth Rs 8,600 cr

The government Thursday approved over Rs 8,600 crore of highway projects in Uttar Pradesh, Odisha and Chhattisgarh.

24 Feb 2015

Gadkari alleges cartelisation by cement companies; mulls NHAI revamp

Slamming the cement industry for indulging in "cartelisation", Union Minister Nitin Gadkari on Wednesday said it is pushing up costs for roads and highway projects even as he promised a number of steps including revamp of NHAI to help the sector.

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