Reiterating their demand on exit norms, highway developers and financial institutions met Highway Ministry officials on February 11. At present, there are limits on the extent to which developers can sell their stake from highway concessions, and how fast they can exit from projects after completing projects.
Category: Roads & Highways
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IL&FS bids for Barwa-Adda-Panagarh h’way stretch
IL&FS Transportation Networks has stated that the company has submitted a bid with the National Highways Authority of India (NHAI) for six-laning of Barwa-Adda-Panagarh Section of NII-2 from km 398.240 to km 521.120 including Panagarh Bypass in Jharkhand and West Bengal under NHDP Phase V to be executed on DBFOT basis.
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Work on interior roads of Mangalore to begin soon
Road works in interior Mangalore will commence soon, said Karnataka State Assembly Deputy Speaker N Yogish Bhat. With the government sanctioning the work on interior roads development in Mangalore South and Mangalore North at a cost of Rs 8.5 crore and Rs five crore respectively, the tender has been called and the work will commence shortly, he added.
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Work on interior roads of Mangalore to begin soon
Road works in interior Mangalore will commence soon, said Karnataka State Assembly Deputy Speaker N Yogish Bhat. With the government sanctioning the work on interior roads development in Mangalore South and Mangalore North at a cost of Rs 8.5 crore and Rs five crore respectively, the tender has been called and the work will commence shortly, he added.
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Flyover to replace 6-lane plan on NH-2 in Hazaribag
In Jharkhand's Hazaribag, the hurdles, in converting the NH-2 (G T Road) into six lanes between ItkhoriMor to Barhi via Chouparan by the National Highway Authority of India (NHAI) have now been removed as the authorities have in principle agreed to construct a flyover and save the Chouparanhaat shopkeepers and market complex people from being displaced.
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Flyover to replace 6-lane plan on NH-2 in Hazaribag
In Jharkhand's Hazaribag, the hurdles, in converting the NH-2 (G T Road) into six lanes between ItkhoriMor to Barhi via Chouparan by the National Highway Authority of India (NHAI) have now been removed as the authorities have in principle agreed to construct a flyover and save the Chouparanhaat shopkeepers and market complex people from being displaced.
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MBL Infra wins Rs 100-cr road project in MP
For developing a 47 km stretch in Madhya Pradesh MBL Infrastructure on February 9 said it has bagged Rs 100 crore project from the State government. MBL Infrastructure has been awarded the project of developing a 46.98 km road from Garra-Waraseoni up to Maharashtra border in Madhya Pradesh by Madhya Pradesh Road Development Corporation (MRPDC), the company said in a statement.
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MBL Infra wins Rs 100-cr road project in MP
For developing a 47 km stretch in Madhya Pradesh MBL Infrastructure on February 9 said it has bagged Rs 100 crore project from the State government. MBL Infrastructure has been awarded the project of developing a 46.98 km road from Garra-Waraseoni up to Maharashtra border in Madhya Pradesh by Madhya Pradesh Road Development Corporation (MRPDC), the company said in a statement.
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Goa govt plans to widen NH-17 in Margoa
In Goa's Margao, the daily congestion on the National highway-17 from Nuvem junction to the old market circle will be a thing of the past. The State government is planning to widen the stretch of the NH-17 between these two points. The State PWD sources say that a land acquisition proposal for widening the stretch from Nuvem church to Ambajim junction has been framed.
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Goa govt plans to widen NH-17 in Margoa
In Goa's Margao, the daily congestion on the National highway-17 from Nuvem junction to the old market circle will be a thing of the past. The State government is planning to widen the stretch of the NH-17 between these two points. The State PWD sources say that a land acquisition proposal for widening the stretch from Nuvem church to Ambajim junction has been framed.