Page 2 - Highways

Revving up in low gear: The paradoxes in India's transport sector

No Indian airline makes money, railways' passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are like never before, notes T N Ninan

KNR Constructions dips 4%, hits 52-week low on margin concerns

As on March 31, 2022, the company has an order book position of Rs 9,001 crore. With this, KNR has targeted further order book inflow of Rs 4,000 to Rs 5,000 crore for the year FY23.

Union Minister Gadkari sets target to construct 60 kms of highway per day

Union Road Transport and Highways Minister Nitin Gadkari on Monday said his target is to construct 60 kilometres of highway per day.

Govt changes contract rules for highways, project cost to be sole factor

For work under Hybrid Annuity Mode, operations and maintenance will not be a criteria anymore.

Devi of Kanyakumari will soon meet Vaishno Devi with single road: PM Modi

PM Modi said that the idea of Ek Bharat Shreshtha Bharat is to focus on bridging distances, asserting that the government's aim is to provide all-weather connectivity to Jammu and Kashmir.

Gadkari announces Rs 10,000 cr expressway project between Aurangabad-Pune

Gadkari said an access- controlled expressway will be constructed between Aurangabad and Pune at a cost of Rs 10,000 crore to considerably reduce the travel time between the two Maharashtra cities

MoRTH constructs 8,045 kms of highways during April-February '22

The Ministry of Road Transport and Highways (MoRTH) through its various implementing agencies has constructed 8,045 kms of highways up to February 2022 during the current financial year

India's first electric highway between Delhi and Jaipur my dream: Gadkari

Gadkari on Tuesday said making India's first electric highway between Delhi and Jaipur is his dream.

Modi govt's infrastructure push fuels bond sales by highway builders

The average yield on top-rated three-year corporate bonds rose to 6.02% on Monday, the highest level in a month.

Earnest money deposit provision in highways bidding process restored

The government's decision also comes in the backdrop of a rising tendency of bidders to make abnormally low bids for construction and consultancy contracts

HCC Group signs pact with Cube for sale of Baharampore-Farakka Highway

HCC Group said it has signed an agreement with Cube Highways to sell Baharampore-Farakka Highways Ltd (BFHL) at an enterprise value of Rs 1,279 crore.

Working to develop 200,000 km national highway network by 2025: Gadkari

Gadkari on Sunday said that the central government is working to develop a national highways network of 2 lakh kilometres by 2025.

MoRTH for allowing vehicles to have maximum 3 decks to transport 2-wheelers

It will enhance the carriage capacity of two-wheelers by 40-50 per cent, according to a statement

Driving into 2022, road sector set for 'better' days with new projects

Weathering the pandemic-induced twists and turns, the sector will see more stretches of national highways, completion as well as awarding of multiple projects and fund raises in 2022

Gadkari lays stone, inaugurates road projects worth Rs 4,160 crore in UP

Gadkari emphasised on infrastructure development for employment generation and economic prosperity

No other project until Mumbai-Goa highway completed: HC tells Maharashtra

The Bombay High Court on Monday directed the Maharashtra government to review the ongoing construction work by December and complete the project at the earliest.

Green highways mission: Over 5,000 km of avenue plantation work done so far

More than 5,000 kms of avenue plantation works worth Rs 650 crore have been executed so far under the National Green Highways Mission (NGHM), as per an official document

Centre incorporates MP's Atal Progress-Way in highways sector project

The Union Ministry of Road Transport and Highways on Thursday approved inclusion of the ambitious Atal Progress-Way project of Madhya Pradesh in the Bharatmala Pariyojana (BMP) phase 1

Next toll-operate-transfer bundle to have Uttar Pradesh highways

NHAI picks Mazars as consultant for the sixth round

NHAI debt reaches new high of Rs 3.2 trillion; toll revenue dips 4%

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016