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Cabinet approves 8 major highway projects including ring road in Ayodhya; total cost pegged at Rs 50,655 crore

Cabinet approves 8 major highway projects including ring road in Ayodhya; total cost pegged at Rs 50,655 crore

Fri, Aug 02, 2024

The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the development of eight access-controlled national highway projects with a total length of 936 km. These eight highway projects would cost Rs 50,655 crore, the government said.

RITES signs pact with NHAI to provide infra consultancy services

RITES signs pact with NHAI to provide infra consultancy services

Mon, Jul 29, 2024

RITES Ltd is a multidisciplinary engineering and consultancy organization, providing a comprehensive range of services from concept to commissioning in all facets of transport infrastructure and related technologies.

Union Minister Nitin Gadkari sanctions over Rs 3,200 crore for National Highway projects

Union Minister Nitin Gadkari sanctions over Rs 3,200 crore for National Highway projects

Wed, Mar 06, 2024

National Highway news today: Union Road Transport and Highways Minister Nitin Gadkari on Wednesday sanctioned Rs 3,228.4 crore for upgrading certain parts of National Highways in Karnataka and West Bengal.

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Which Companies Will Benefit From Highway Projects? Watch Details Here

Which Companies Will Benefit From Highway Projects? Watch Details Here

Thu, Mar 23, 2023

Which companies will benefit from Highway projects? Which stocks to focus? Know from Ashish Chaturvedi in this video.

PM Modi inaugurates Rs 1470-cr AIIMS Bilaspur in Himachal Pradesh; to lay foundation for projects worth Rs 3650 cr soon

PM Modi inaugurates Rs 1470-cr AIIMS Bilaspur in Himachal Pradesh; to lay foundation for projects worth Rs 3650 cr soon

Wed, Oct 05, 2022

AIIMS inauguration: Prime Minister Narendra Modi inaugurated AIIMS Bilaspur in Himachal Pradesh around 11:30 AM on Wednesday.

Chardham highway project: Supreme Court allows works on connecting four holy places by all-weather road

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

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

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

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

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

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

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.

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