Highways ministry
The Road Transport and Highways Ministry apparently wants that concrete cement should be used in place of bitumen, in fully Government-funded projects and public-private partnership (PPP) road projects. Towards that end, the Ministry is reportedly mulling the option of making the use of concrete cement obligatory as part of the bid for such projects. The [...] Continue Reading »
In a move which will apparently trigger the revival of the stagnating highways sector and offer a helping hand to stressed projects, the option to defer premium payment commitments of a number of projects will be allowed by National Highways Authority of India (NHAI). As many as nine projects will likely receive the approval of [...] 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 »
The highways ministry is getting nervous because the latest land acquisition law could be responsible for increasing the cost of highway construction projects. On one hand, the UPA government claims that the new land acquisition law is its one of the achievement during their current tenure. While on other, projects like the Delhi-Jaipur Expressway being [...] Continue Reading »
