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NHAI suspends key personnel of L&T, AECOM after Dwarka Expressway mishap

The National Highways Authority of India (NHAI) on Sunday said it has suspended key personnel of developer Larsen & Toubro and supervision consultant AECOM after a portion of an under-construction elevated road on Dwarka expressway collapsed this morning. It said the personnel were suspended pending the outcome of investigation by an expert committee being constituted to probe the incident. A portion of an under-construction elevated road on the Dwarka Expressway collapsed here on Sunday morning, injuring three workers. "Authority has viewed the incident seriously and pending the outcome of the investigation by the committee, the concerned key personnel of the Contractor M/s L&T and Supervision Consultant M/s AECOM have been suspended as per Standard Operating Procedure (SOP) of NHAI," the NHAI said in a statement. The accident site is being secured with necessary precautions taken to prevent any further damages, the statement said. It said: "An unfortunate incident happened ..

Delhi-Meerut Expressway will be ready in 2 months: Nitin Gadkari

He added that the government's ambitious Delhi-Mumbai Expressway would be ready by 2022.

Rs 7 trillion being spent on green highways, says Union Minister Gadkari

The government is spending Rs 7 lakh crore on building green express highways through modern technology which in turn would provide smart transportation and reduce pollution, Union Minister Nitin Gadkari said on Wednesday. Of these, Rs 1 lakh crore Delhi-Mumbai Expressway is likely to be completed within a year while Delhi-Meerut Expressway will be inaugurated in a month or two, the Road Transport and Highways Minister said while addressing a virtual event organised by PHD Chamber of Commerce here. "We are spending Rs 7 lakh crore on building green express highways. These...will reduce air pollution, traffic jam and minimise logistics and transportation cost," he said at the National Roads & Highways Summit "Focus on Green Infrastructure". He said these are being built with state-of-the-art technique with advanced engineering to provide intelligent traffic while taking care of the ecology and environment conservation with an aim to reduce green house emission. The Prime Minister ..

Adani Transport wins Rs 1,040 cr highway contract from NHAI in Telangana

Adani Road Transport Ltd (ARTL) on Wednesday said it has won a Rs 1039.90 crore highway project from NHAI in Telangana

NHAI suffers Rs 814 crore loss in toll revenue due to farmers' protest

The loss at Rs 487 crore was the highest in Punjab, followed by Rs 326 crore in Haryana and Rs 1.40 crore in Rajasthan

NHAI turns down NITI Aayog's request to expand monetisation portfolio

Says call on monetising projects taken by independent investment manager

Delhi-Mumbai Expressway will be different, with smoother ride and long life

NHAI is deploying a new bitumen technology to increase its longevity

NHAI approves norms for value capture finance

Value capture finance or VCF is a type of public financing that recovers some or all of the value that public infrastructure generates for private landowners

Best of BS Opinion: Monetisation lessons from NHAI, recovery risks & more

Here's a selection of Business Standard opinion pieces for the day

Par panel asks NHAI to explore debt restructuring, raise long-term funds

A Parliamentary panel has asked NHAI to explore restructuring of existing debt and look for options to raise long-term funds.

NHAI daily toll collection through FASTag reaches record Rs 104 cr

National Highways Authority of India said its daily toll collection through FASTag has reached about Rs 104 crore

Dilip Buildcon rises 5%, hits 52-week high on order wins worth Rs 2,241 cr

Dilip Buildcon has been declared as L-1 bidder for two new National Highways Authority of India HAM projects under Bharatmala Pariyojana, Phase I in Tamil Nadu and Puducherry, the company said

NHAI transitions to 100% cashless toll through mandatory FASTags

With nearly 60 lakh transactions, the per day toll collection through FASTag crossed the highest ever mark of Rs 95 crore on February 17, 2021

PM Modi expresses grief at loss of lives in road accident in Jalgaon

Sixteen labourers were killed after a truck overturned in Jalgaon, police said

Uttarakhand glacier burst may spell more trouble for Char Dham road project

Almost all the national highway projects in Uttarakhand had been grouped under the name of Char Dham project by the Union ministry of road transport and highways

Economic corridor to cut down travel time between Delhi-Dehradun by 4 hrs

The new highway will cut down the travel time from 6.5 hours as of now, to just 2.5 hours as the corridor is designed for driving with a minimum 100 Kmph speed

NHAI removes min amount in FASTag Wallet for seamless movement of traffic

Says issuer banks were unilaterally mandating threshold amount value in addition to security deposit, due to which users were held up at toll plaza in spite of having sufficient balance

NHAI removes requirement of maintaining minimum amount in FASTag Wallet

NHAI said it has decided to do away with the requirement of maintaining a minimum amount in FASTag wallet

NHAI InvIT: Govt awaits Sebi clearance to replace urban with rural areas

The road stretches in the urban areas, which were part of the earlier InvIT offering, have been removed in the proposal and replaced with the roads in rural areas

NHAI to fine up to Rs 10 cr for major lapses in construction standards

The new policy allows NHAI to impose graded penalties that include heavy fines up to Rs 10 crore besides debarment and ban on bidding for any future NHAI projects for up to three years