Page 3 - Highway Construction

Little known Megha Engineering beats the Goliaths of the infra space

Its revenues nearly quadrupled in five years to Rs 20,300 cr in FY19, while its net profit jumped 6x to about Rs 2,800 cr, making it India's largest construction and engineering firm after L&T

Ashoka Buildcon reports 6.7% rise in profit after tax at Rs 69 cr in Q1

The company had clocked a profit after tax (PAT) at Rs 65 crore for the corresponding quarter a year ago, it said in a statement.

Highway construction in Q1 dips to 18 km a day amid Covid-19 pandemic

The Ministry of Road Transport and Highways constructed 1,640 kilometres in the first quarter (April-June) of the financial year 2020-21 (FY21).

Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana

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

Ban on China companies unlikely to hit ongoing highway contracts

The National Highways Authority of India (NHAI) will complete these contracts but will not award fresh projects to Chinese firms.

Toll collection on recovery path as Gadkari looks at higher share of PPP

The minister says as many as 80% projects can be done on PPP mode. Currently, half the national highway projects awarded by his ministry are on this basis

Centre relaxes payment mechanism for govt-funded highway contracts

Contractors to be given funds every month

Lockdown impact: NHAI to extend contract for private highway developers

25% average toll collection loss to get one-day extension

UP govt set to launch Ganga Expressway project, to cost Rs 30,000 crore

In the backdrop of the large influx of migrants from other states, the state is expecting these mega projects to create local level jobs

Indecisive officials dealing with highway projects to face action: Gadkari

The Minister said the NHAI has resumed 95 per cent of work on war-footing now with permission to start construction activities while adhering to guidelines.

FM's extension of completion timelines a big relief for construction firms

Many of these firms, which have been grappling with Covid-19 crisis and exodus of migrant labour, will now be able to complete contractual obligations

Covid-19 lockdown: Highway construction may gather pace after monsoon

Experts believe it will take about three to four months for the constructions to normalise and the fresh bidding of contracts is some time away.

Lockdown 2.0: Our targets for project award won't decline, says Gadkari

In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner

Liquidity infusion, e-project award top RoadMin revival plan after lockdown

The government will give thrust to the use of technology for speeding up project awards, so that the impact of time lapsed due to the coronavirus disease crisis can be minimised

Construction of highways in safe districts may be allowed under lockdown

Areas that are away from urban centres and where there have been minimal Covid-19 cases may be exempt; Maharashtra said to have allowed work on expressway connecting Mumbai and Nagpur

Covid-19 impact: Centre set to prioritise road expansion over new projects

Government will issue guidelines that lay down criteria for restarting work

'Don't have capability to build roads in Bihar': What was Gadkari implying?

Was Gadkari taking a swipe at the Bihar government?

NHAI looks to build 1,100-km highways in March to meet FY18 target

The average length of road projects awarded by NHAI in the last 5 years was 2,860 km, with 4,335 km awarded in 2016-17