Build-Operate-Transfer
National Highways Authority of India (NHAI) will soon relax its norms while issuing fresh contracts for the road construction projects in Jharkhand and other Maoist-hit states. Union minister of road transport and highways Nitin Gadkari, while addressing media through a video conference from Delhi, said in some pockets of Jharkhand, Chhattisgarh and Maharashtra, several road [...] Continue Reading »
After a lull of several months, road projects have now got off the ground. In the last month, the National Highways Authority of India (NHAI) has lined up about Rs.8, 700 crore worth of projects for tendering via the engineering, procurement and construction (EPC) route. Although this proposes to build only 1,000km, a minuscule portion [...] Continue Reading »
Last Monday (September 1), the Rajasthan High Court,stayed the hike in toll on the Jaipur-Delhi national highway. This stay order will remain till such time the National Highways Authority of India (NHAI) and the operator file an affidavit confirming that the road is in good condition. They also have to confirm that a proper and maintained [...] Continue Reading »
The newly-constituted highway committee under Roads Secretary Vijay Chibber will hold its first meeting on September 13. The committee comprises representatives from the Planning Commission and the Finance Ministry. Set up in accordance with the directions of the Cabinet Committee on Economic Affairs (CCEA), the new committee has been formed to give the Roads Ministry [...] Continue Reading »
IRB Infrastructure Developers (IRB) is in the process of raising around Rs. 5,000 crore from the lenders by the end of October and early November. IRB which is one of the largest BOT (Build- Operate-Transfer) road developers and toll operators will use this money to fund two of its road projects in Haryana and Maharashtra. [...] Continue Reading »
The government is redesigning the way highways projects are allocated based on the assessment of their viability. This step is taken to fast track the awarding of the highway projects, and thereby expediting the construction process. This move might be good for the infrastructure development of the country. According to the sources, projects would now [...] Continue Reading »
GNRC Hospitals, North-East’s premier hospital chain, has planned super-specialty hospitals in countries like Myanmar, Bangladesh and the African continent, as well as some north-eastern states. 10 hospitals are planned in the next five years, to be funded by the World Bank. Of the ten proposed hospitals, two or three units would be opened in the [...] Continue Reading »
A Kerala High court division bench comprising Chief Justice Manjula Chellur and Justice P R Ramachandra Menon on Monday questioned the inactivity of the state government regarding widening of national highways to 45 metres. The bench stated that land for the highways had been acquired years ago. The central and state governments have both provided [...] Continue Reading »
The state-run Mumbai Port 142 years old, and is in dire need of a revival. Shipping minister Nitin Gadkari said that a committee has been set up to utilize the 1,800 acres of land it owns. The committee will function under the leadership of Rani Jadhav, former chairperson of the Mumbai Port Trust. They are [...] Continue Reading »
The NaMo government is determined to give a boost to the infrastructure in the country and is taking all the measures to achieve it. Rescheduling the premium that the developers of the road projects have to pay to the government for securing the right to build and operate by the National Highways Authority of India [...] Continue Reading »
