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Author: admin (Infratructure Today)

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Maha govt urges Centre to compensate JNPT PAPs

Maha govt urges Centre to compensate JNPT PAPs

Maharashtra government has urged the Union Shipping Ministry to speed up the compensation dispersal under the 12.5 per cent developed land scheme to the project affected persons (PAPs) in Jawaharlal Nehru Port Trust (JNPT) area.

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Dredging Corporation announces 20% dividend

Dredging Corporation announces 20% dividend

A 20 per cent dividend has been declared by the Dredging Corporation of India (DCI) for 2012-13. The DCI registered 31 per cent growth in its operational income, which rose from Rs 485 crore to Rs 635 crore, DCI said in a press release.

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NHAI seeks control of Gurgaon expressway

NHAI seeks control of Gurgaon expressway

The National Highways Authority of India (NHAI) has sought the Centre to allow it to take over the poorly run Gurgaon expressway from the concessionaire. NHAI has also supported the public's demand of doing away with toll collection on the expressway.

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Nashik civic body to concretise 11 main roads

Nashik civic body to concretise 11 main roads

In Nashik city of Maharashtra, 11 selected roads with heavy traffic density are to be concretised to reduce maintenance works and increase travel comfort on the roads. The Nashik Municipal Corporation (NMC) has undertaken the process for concretisation work on the 11 roads.

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CCEA may reschedule Rs 98K cr NHAI premium

CCEA may reschedule Rs 98K cr NHAI premium

The Union government may consider to reschedule premium payment worth Rs 98,000 crore to be paid by private road concessionaires to National Highways Authority of India (NHAI) for 23 road projects. The Cabinet Committee on Economic Affairs (CCEA) would soon to consider a proposal in this regard.

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Navi Mumbai’s two key roads to get flyovers

Navi Mumbai’s two key roads to get flyovers

The Mumbai Metropolitan Regional Development Authority (MMRDA) will construct flyovers on Palm Beach Road and Thane-Belapur Road in Navi Mumbai to decongest traffic on the two main roads. This was stated by the Maharashtra State Chief Minister Prithviraj Chavan.

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Rs 44 cr for Hyderabad Outer Ring Road development

Rs 44 cr for Hyderabad Outer Ring Road development

In Hyderabad, Rs 44 crore will be spent on the maintenance of Outer Ring Road (ORR) stretches for the next three years. Stretches between Gachibowli and Shamshabad, Patancheru and Shamirpet and Shamirpet and Pedda Amberpet (nearing completion) will be taken up for road works.

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No SBI loans to road projects with land issues

No SBI loans to road projects with land issues

Proposed road projects that have not finished the acquisition of the required land for the purpose will not get loans from State Bank of India (SBI). The decision has been taken by SBI on the requisition of Central Bureau of Investigation and Chief Vigilance Commission. SBI is IndiaÂ’s biggest moneylender.