Build-Operate-Transfer
One of the first sectors which will apparently be the prime focus of the Narendra Modi-led government right at the outset will be the ‘road’ sector. Plans for Rs 12,000-13,000 crore projects have already been readied by the Ministry of Transport and Highways. According to a Ministry official, these projects – which also include the [...] Continue Reading »
The ministry of road transport and highways has started an exercise to estimate their revenue from toll collection to see if the government can build more roads with the help of its own resource. The PPP projects have been suffering of late and private players have been complaining of the low growth in the toll [...] Continue Reading »
Today Reliance Infrastructure said it has started collecting toll from its 10th road project, a stretch linking Trichy and Karur in Chennai on NH-67 which is 63-km long. National Highways Authority of India (NHAI) had ordered RInfra for doubling the stretch into a four-lane one, maintaining and operating the project for 30 years from the date of signing of [...] Continue Reading »
New Delhi: The central government has given approvals to four road projects worth Rs 4,620 crore in Assam and Madhya Pradesh for the widening of National Highways. Three of the four projects are in Assam for widening of stretches of National Highway 37 under Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The [...] Continue Reading »
