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highway projects News
Chardham highway project: Supreme Court allows works on connecting four holy places by all-weather road
Sat, Aug 17, 2019
The SC bench said the committee will hold quarterly meetings to ensure compliance and suggest any further measure after each review meeting.
Nitin Gadkari: Govt has shortened time frame of 300 highway projects by 3 months
Fri, Jun 15, 2018
Nitin Gadkari said the sole intention of the government was to work on a "mission mode" to bolster development. "All projects which were scheduled to be completed by June 2019, will be completed before March 2019 ... We have given this target to everyone," the road transport and highways minister said.
Next tranche of highway projects under TOT to be auctioned in Apr: Nitin Gadkari
Wed, Mar 07, 2018
Union Road Transport and Highways Minister Gadkari said monetisation of 105 identified stretches, as per the current trend, could fetch about Rs 1.5 lakh crore. "I am happy to say that the first bundle of nine projects totalling a length of 680 km was over-subscribed...We had estimated to fetch Rs 6,258 crore from monetisation of these projects but we will get Rs 10,500 crore from these," he said.
Proactive steps led to reduction in stalled road projects: Economic Survey
Mon, Jan 29, 2018
The survey also said that in order to expedite completion of delayed projects, regular meetings are held with project developers, state governments and contractors.
NHAI reforms lead to steep decline in high-risk highway projects
Thu, Nov 16, 2017
A slew of steps like shorter timelines for right-of-way and approvals, loan support from the NHAI for languishing projects, and termination of stuck projects and their subsequent re-awarding have resulted in decline in the high-risk highway projects, a Crisil report said.
Indian highways completion is highest in FY17
Fri, Mar 24, 2017
"Along with the Road Transport and Highways Ministry, FY17 overall sector completion is expected to be best ever at 8,000 km vs the current best of 6,061 km achieved in FY16. This implies a completion rate of 22 km per day, much better than 17 km per day achieved in FY16," it said.
NHAI to monetise 40 projs in 1st phase, eyes Rs 20,000 crore
Tue, Oct 11, 2016
"We target to bring out overall 30 or 40 projects initially and we would be able to raise about Rs 15,000 to 20,000 crore out of it to begin with," NHAI Chairman Raghav Chandra told PTI.