According to CARE Ratings agency, investment in road and bridge sector is projected at Rs 9.20 lakh crore during the Twelfth Five Year Plan period ending March 2017, as against Rs 5.16 lakh crore invested during the Eleventh Five Year Plan period ending March 2012.
Category: Roads & Highways
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‘Indian road sector needs nodal dispute resolution authority’
According to CARE Ratings agency, investment in road and bridge sector is projected at Rs 9.20 lakh crore during the Twelfth Five Year Plan period ending March 2017, as against Rs 5.16 lakh crore invested during the Eleventh Five Year Plan period ending March 2012.
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Compensation announced to ryots in Mohali road project
Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.
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Compensation announced to ryots in Mohali road project
Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.
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Himachal’s plea to World Bank over delayed road project
For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.
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Himachal’s plea to World Bank over delayed road project
For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.
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Work on MC Road in Kottayam to begin in May
In Kottayam, MC Road's Chengannur-Muvattupuzha stretch of is all set to get a facelift with the second phase development work on the stretch likely to begin this May. According to KSTP officials, a global tender for the work will be notified by the end of this month. Currently, an eight-member team from the World Bank are in Thiruvananthapuram holding discussions with the KSTP officials about various works including works on the MC Road, which will be funded by the bank.
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Work on MC Road in Kottayam to begin in May
In Kottayam, MC Road's Chengannur-Muvattupuzha stretch of is all set to get a facelift with the second phase development work on the stretch likely to begin this May. According to KSTP officials, a global tender for the work will be notified by the end of this month. Currently, an eight-member team from the World Bank are in Thiruvananthapuram holding discussions with the KSTP officials about various works including works on the MC Road, which will be funded by the bank.
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Road works in Vijayawada slowed due to land acquisition
In Andhra Pradesh, the delay in land acquisition process in seven villages has become a bottleneck for widening the Vijayawada-Machilipatnam highway into four-lane road. District Collector Budhaprakash M Jyothi asked the revenue divisional officials to speed up the process to hand over the land to the contractors so as to start the work.
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Road works in Vijayawada slowed due to land acquisition
In Andhra Pradesh, the delay in land acquisition process in seven villages has become a bottleneck for widening the Vijayawada-Machilipatnam highway into four-lane road. District Collector Budhaprakash M Jyothi asked the revenue divisional officials to speed up the process to hand over the land to the contractors so as to start the work.