National Highways Authority of India (NHAI)
Terming it as a black spot on his ministry, Union minister for road transport Nitin Gadkari had promised to complete the widening of Jaipur-Gurgaon national highway-8 by 2015. But his assurances are facing impediments in the absence of land availability to carry out construction. According to National Highways Authority of India (NHAI), land possession remains [...] Continue Reading »
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 »
Highway developers have filed for claims amounting to over Rs 20,000 crore to road projects before various courts and arbitration tribunals across the country. We cannot blame the Highway Builders as they were at the receiving end due to the shoddy red-tapism of the government. According to the National Highway Builders Federation (NHBF), these claims relate [...] Continue Reading »
The new transport minister Nitin Gadkari took charge on Thursday and his first step was very clear. He does not want to regulate the roads sector with any new regulators because it will increase corruption and will start the licence-permit game again. He stated that his topmost priority is to bring about changes in the [...] Continue Reading »
There are many infrastructure and road projects which are stuck due to lack of money and the National Highways Authority of India (NHAI) has decided to soon roll out a proposal to take over such stalled projects. NHAI will run these projects for a few years to recover the funds infused and then will hand [...] 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 »
IRB Infrastructure has signed an agreement with the National Highways Authority of India (NHAI) for a Rs 2,300-crore project for widening of a highway stretch in Haryana under National Highways Development Project (NHDP). This is a positive Public Private Partnership (PPP) in which one of the largest BOT (build, operate, transfer) road developers in India, [...] Continue Reading »
During the course of a recent interview with Business Line, L&T Finance Holdings’ President and Director N Sivaraman said that the new government should take decisive actions to kick-start projects in crucial sectors like infrastructure, roads and, power. According to Sivaraman, it is imperative the that the government speeds up the clearance of pending projects [...] Continue Reading »
This new budget from the new government will have quite a few demands from various ministries. The Road Transport and Highways Ministry has sought Rs.30,000-35,000 crore from the Finance Ministry as Budgetary support to implement various roadways projects. In 2013-2014 the Road Transport ministry had received Rs.22,890 crore as gross budgetary support (GBS). There are [...] Continue Reading »
