NHAI
Mr. Devesh Kumar, Deputy Commissioner, Mandi, has asked the project director of the National Highways Authority of India (NHAI) to conduct a fresh survey of the proposed four-laning of the Kiratpur-Ner Chowk national highway. Mr. Joginder Walia, president of the joint action committee, says that the decision was taken at the meeting conducted under the [...] Continue Reading »
An analysis of national highway project done by CRISIL Research indicates a drop in the traffic growth in the last couple of years. The common traffic on many national highways has been very low than estimated by the National Highways Authority of India (NHAI). CRISIL researched on 15 national highways and found that the traffic [...] Continue Reading »
Residents of Ambience Lagoon and DLF U-block decided to meet the officers of NHAI to register a complaint against the decision to block the U-turn near Ambience Mall. The residents also say that this decision of blocking the U-turn is creating disturbance in their normal life. On Wednesday evening almost 70 residents stopped the traffic [...] Continue Reading »
According to the experts, Liquidity constraints, approval delays and the economic slowdown have forced the developers not to take up large infrastructure and road projects on PPP basis. An expert also mentioned that the government gives attention on developing infrastructure projects on public private partnership model to minimize its burden and to motivate private sector to participate in [...] Continue Reading »
The Ambience U-turn in Gurgaon has been closed for commuters by National Highways Authority of India (NHAI). It is a prominent turn and will affect hundreds of families living in residential areas around the mall as well as those coming from IFFCO or Shankar Chowk. The commuters will now have to take a detour to [...] 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 »
Fund collected by Indian companies through retail issues of non-convertible debentures has increased over two times during current financial year. A collective amount of Rs 16,982 crore was gathered by 15 firms through their NCDs in the entire 2012-13 fiscal. NCDs are loan-linked bonds which are issued by a company that cannot be changed in [...] Continue Reading »
The government is planning to come up with a company, National Highways Construction Company, for building roads in border areas and north eastern regions. A road ministry official informed that while NHAI (National Highways Authority of India) build roads all over the country, this company will focus on building roads in border areas and in [...] Continue Reading »
The National Highways Authority of India (NHAI) has blamed the state government for delay in 4-laning of Yamunanagar-Panchkula highway stretch of NH-73. Infrastructure major Gammon has walked out of the project on grounds of non-availability of land, delay in environment and forest clearances, besides scarcity of construction material in the state. Gammon was to invest [...] Continue Reading »
The highways ministry is seeking Election Commission’s nod to award works for over 60 road projects involving over Rs 22,000 crore investments. In the past one month, finances for the first set of about 55 works have been sanctioned by the ministry. National Highways Authority of India (NHAI) has called financial bids for 22 projects, [...] Continue Reading »
