highway projects
Good evolution in railway and highway projects. Dead lines fixed for different projects executed in Odisha. The Meeting Hours The Joint Secretary talked about the growth in Odisha projects to V.P.Joy the cabinet Secretariat, in a conference of Project Monitoring Group (PMG) of the (CCI) which was lead by G.C Pati who is the chief [...] Continue Reading »
There shall be relaxation in the rules for road developers as has been declared by the government. New norms can help road developers in selling completed projects or complete unfinished ones and in turn free them to invest in new projects which are unable to find takers in the recent years. As per the recent [...] Continue Reading »
At the recently-held first board meeting of the newly-constituted National Highway and Infrastructure Development (NHIDCL), it has been decided that a major chunk of North-Eastern (N-E) border highway projects will be taken over by the Government. According to the information shared by unidentified official sources, the Government will take over the N-E border highway projects [...] Continue Reading »
The entire highways project that costs more than Rs 50 crore will now be taken under the engineering procurement and the construction (EPC) mode with some slew of steps that are being taken to get a fresh capital in the road sector of the government said on Thursday. The highway project will be completed in [...] Continue Reading »
India is going to witness better roads by the end of 2014 as the Road transport and highways department has resolved to award 8,500 km of roadways projects out of which 3,900 km should be completed before the year end. Prime Minister Narendra Modi will be discussing this issue with the key infrastructure secretaries in a few [...] Continue Reading »
NHAI is a lot more optimistic about FY15 after a dismal FY14, in which approximately 1,400 km of expressways were awarded for construction, and hopes to get back to levels seen in FY12, reports sources in New Delhi. However, NHAI’s commentary is pessimistic and it says projects in the EPC mode are dependent upon it [...] Continue Reading »
For the first time in seven years, private investment in highway projects has declined, as per the data compiled by the highways ministry till February it has been witnessed a dropping in 2013-14 as compared with the all-time high of2011-12. Projects for 1,116 km were awarded whereas construction was done over 1,661 km which is [...] Continue Reading »
Two highway projects for road widening in Bihar, Jharkhand and Odisha have got approval from the Cabinet Committee on Economic Affairs (CCEA). The two projects approved by the CCEA include widening of Patna-Gaya-Dobhi section on NH-83 in Bihar project and Baharagora-Sambalpur stretch in Odisha and Jharkhand. As per official records, the total project cost is estimated [...] Continue Reading »
New Delhi- Over Rs 15,000 crore of several infrastructure development firms has been locked up in the ongoing highway projects as the concerned officials are not ready to approve excess cost for projects even though the costs are legitimate. All such additional payments made over extra works and costs, which are permitted during road construction works, has [...] Continue Reading »
The government of India has decided to attract public-private participation, in National Highways projects. To implement the government strategy the NHAI has adopted Build-Operate-Transfer [BOT] (Toll) mode of delivery under public private partnership (PPP) as the preferred mode for development of highway projects. The cost of construction varies on different territory of India. To recover [...] Continue Reading »
