Concrete roads are the only salvation for potholed roads in Kerala, a state annually visited by two full-fledged monsoons, says E. Sreedharan, Member, State Planning Board, and principal adviser to Delhi Metro Rail Corporation, sees it. Bitumen roads develop potholes primarily due to water seepage and lack of proper sewerage.
Category: Roads & Highways
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Expansion of inter-village roads begins in Manipur
In Manipur, expansion of inter-village roads (IVRs) and district roads passing through Andro Assembly Constituency has kick-started from March 2 under the supervision local MLA Th Shyamkumar. It is said that all IVRs would be expanded up to 20 feet and district roads passing through the Assembly segment up to 60 feet. The road expansion has been taken up in view of the population growth.
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Govt okays financial closure for Jaipur Ring Road project
The Rajasthan government has given approval to financial closure for the long pending ring road project in Jaipur and is expected to begin soon. Once the letter is issued by the Jaipur Development Authority (JDA), the contract company Sanjos Supreme will have to complete work in 21 months. The Jaipur Development Authority (JDA) after examining the financial closure critically provided by the company submitted it to the State government for approval.
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Roads in rural Delhi areas will be developed: CM
Delhi Chief Minister Sheila Dikshit on March 2 stated on March 2 that the government has decided to improve all major road networks in rural areas including those in villages before the monsoon season. Dikshit said this after launching a road improvement project in Bawana area of North-West Delhi.
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1,605 km of roads built under NHDP till Dec: Survey
About 1,605 km of roads were constructed till the end of December 2012 under various phases of the National Highways Development Project (NHDP), the Economic Survey said recently. While the total length estimates to be at 5.94 km per day in nine months, projects for another 878 km to be constructed in the remaining three months of financial year 2012-13 have been awarded, says the survey.
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Budget 2013 Reaction: HM Nerurkar, MD, Tata Steel
Given the global economic scenario, the Union Budget announced by the Finance Minister has made a great attempt to achieve inclusive growth and a sustainable economy. We cheer the thrust given to the infrastructure industry through investment allowance of 15% and various steps for mobilising funds for the growth of the industry.
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Rs 3.97-cr road works taken up in Nashik’s industrial area
A plan has been chalked out for tarring of roads worth Rs 3.97-crore in Ambad industrial areas of Maharashtra Industrial Development Corporation (MIDC) by the Nashik Municipal Corporation (NMC). The Municipal Commissioner Sanjay Khandare announced this at a meeting with the office-bearers of Ambad Industries & Manufacturers' Association (AIMA) recently.
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Centre plans bailout for highway companies
As several of road developers are are under stress and are finding it tough to raise debt and equity to finance projects the National Highways Authority of India (NHAI) is seeking to push a relief package for road developers. The agency is looking at allowing a staggered payment which will allow developers to pay a lower upfront premium this year and instead postpone a part of the amount during the latter part of the contract period to make the projects viable.
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Role of PSUs in infrastructure building
In order to sustain in their role of promoting and developing infrastructure it is imperative that the PSUs infuse state-of-the-art technology related to their lines of business while also making sufficient investments in refreshing them at regular intervals
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The worse is over and the industry is looking for upward growth
We expect better prospects for roads and power sector, provided proper support is available from government by way of single window clearances, says M Narendra, CMD, Indian Overseas Bank,