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NHAI

Chennai Corporation Budget aims towards infra development

Chennai Corporation Budget aims towards infra development
Chennai- The Chennai Corporation recently tabled its Budget for the year 2013-2014 and announced new grade separators and infrastructure projects like skywalk, flyovers etc. The new budget has given importance to urban development. Four new flyovers have been planned on the basis of Chennai City Traffic and Transportation study carried out by the Chennai Metropolitan [...] Continue Reading »

Env Minister gives clearance to many road projects

Env Minister gives clearance to many road projects
The environment minister has given green signal to around 3,265 km of road projects which were on hold for about two years. The cost of these stuck road projects is worth Rs 28,663 crore. In 2011, the forest minister made environment and forest clearances compulsory for starting construction of highways. These clearances were made mandatory [...] Continue Reading »

NHAI objects Kochi Metro construction

NHAI objects Kochi Metro construction
Kochi- The National Highways Authority of India (NHAI) has raised an objection against the launch of Kochi Metro work without first acquiring land for widening the national highway along which the metro over-bridge has been proposed to be constructed. The Kerala government is all set to launch the project as soon as the Terms of [...] Continue Reading »

Road regulator a blessing for highway sector

Road regulator a blessing for highway sector
Finance Minister P Chidambaram has announced setting up of a regulator for roads in the new Union Budget is a blessing in disguise for the Indian highway sector. According to experts, now the highway sector will have a regulator to resolve the issues. Many disputes have gone to the court due to the absence of [...] Continue Reading »

DMRC may construct Edappally flyover

DMRC may construct Edappally flyover
Kochi – The construction work of flyover at Edappally junction may soon initiate. The Delhi Metro Rail Corporation (DMRC) has decided to send a proposal to National Highway Authority of India (NHAI) to construct this flyover. According to an DMRC official, this proposal was put forward because Edappally flyover cannot be constructed as an independent [...] Continue Reading »

Highway builders demand clearances before inviting bids

Highway builders demand clearances before inviting bids
New Delhi- The highway builder’s apex body, NHBF has written to the Prime Minister seeking to direct NHAI to invite bids only after land acquisition and other clearances are put in place. The letter stated that the sector is going through a difficult phase with a large number of projects yet to achieve financial closure. While [...] Continue Reading »

Govt to introduce relief package for highway companies

Govt to introduce relief package for highway companies
National Highways Authority of India (NHAI) is seeking to push a relief package for road developers as many are under stress and are finding it tough to raise debt and equity to finance projects they had bagged by offering to pay a premium. Now the agency is looking to get approval for a staggered payment which will [...] Continue Reading »

NHAI uploads report of 26 projects on its website

NHAI uploads report of 26 projects on its website
The detailed status report of the 26 projects by National Highways Authority of India (NHAI) has been put on its website on the back of a face-off with minister of environment and forests (MoEF) over delayed green clearances for several road projects. The authority had posted all the details of each of the project, describing [...] Continue Reading »

Finance Ministry frets about NHAI not using bond funds

Finance Ministry frets about NHAI not using bond funds
New-Delhi- The inability of the National Highways Authority of India (NHAI) to completely use the revenue generated through the tax-free bonds in the previous fiscal has created a lot of tension at the finance ministry as they have expressed their concern. Due to the project awards being stuck, the agencies on the highways are compelled to keep Rs. [...] Continue Reading »

NHAI to build the longest highways until 2013

NHAI to build the longest highways  until 2013
New-Delhi-  As per their plan of the NH Development Programme during 2012-13, the National Highways Authority of India (NHAI) has aimed to construct at least 2,800-2,900 km highways. This will be the NHAIs highest ever completion in the history. As per sources, the longest ever NH construction recorded until now is 2,693 km in 2009-10. As per an official from [...] Continue Reading »



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