Latest Answer: For your knowledge, i would like to tell you that these projects relate to key national highways in Andhra Pradesh, Bihar, Haryana, Rajasthan, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Tamil Nadu, Uttarakhand and West Bengal.
Latest Answer: Hi everybody,
Because of the increased compensation, NHAI last week has speed up the work of Eastern Peripheral Expressway, which was held up due to land acquisition problems on the Palwal side .
Q:The Cabinet Committee of Economic Affairs decided to extend a one-time order for funds infusion by NHAI into such under-construction build, operate and transfer or BOT (toll) highway projects announced earlier to stranded BOT (annuity) projects also.
Latest Answer: Hi everybdy,
The government has also launched an advance hybrid annuity structure, under which NHAI will fund 40% of the project costs, reducing the developers' risks further.
With 11500 km of highway projects awarded since the start of last financial year, construction, which has picked up of late, is bound to speed up in the coming months.
Latest Answer: This is definitely a good initiative. But will the benefit reach the intended recipients?
After taking charge by Nitin Gadkari, fast decision making, online clearances, policy interruption and other actions led to the roll out of majority of the projects. Do you think that they will keep the momentum.
Latest Answer: @Saras,,,,,
It is absolutely right that from the beginning of 2014 till date, private equity and venture capital firms and angel investors have invested a total of $1861.62 million in 50 projects across roads, ports, power and renewable energy.
Q:Last year, company's Chairman said that the company had put Rs.4000 crore worth of assets on the block and was expecting to exit its debt troubles within 2 yrs.
Latest Answer: Good morning everybody!!!!
VRCL holds a 75% share in CWDL, while Befesa, a unit of Spanish energy, transportation and telecommunication conglomerate, Abengoa SA, owns the remaining 25%.
In its annual report for the year ended 31 March 2015, IVRCL noted that both sales were still in the discussion phase and expected to be closed soon.
Latest Answer: And at the same time it is a good news for the areas such as Palghar, Kalyan, Ambarnath, Karjat and Kulgaon-Badlapur, where the metropolitan region has also received approval from the Authority to the road development work estimated at Rs 60.61 crore.
Latest Answer: Hey Kishore and Shaina,
Don't forget that the authority has also approved the development of Kalyan Growth Centre and the estimated expenditure of Rs 1089 crore for the same. This growth centre will be well connected by road and rail routes and will create job opportunities outside Mumbai and contribute to balanced development of the metropolitan region what with the MMRDA taking up infrastructural development sooner than later.
Q:The ministry of road transport and highways is fragmenting road projects that failed to find bidders into smaller expansion in order to make them more attractive.
Latest Answer: Do you know that the Asian Highway project, also known as the Great Asian Highway. The main objectives of this project to improve the highway systems in Asia. It is one of the three key features of the Asian Land Transport Infrastructure Development project that is sponser by ESCAP and the other two being the Trans-Asian Railway and facilitation of land transport projects.