The Pune Cantonment Board (PCB) has not repaired the Dr Saldhana street outside the market for several years, complain people staying in the vicinity of Shivaji market. The road is dominated by hawkers.
Category: Roads & Highways
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Ring road to link Kolkata’s Sector V, Bantala
Kolkata city's IT hub or Sector V, will soon be interlinked with Rajarhat-New Town and Bantala SEZ through new roads next year. So it is good news for motorists and techies who have a harrowing time while on their way to work in the IT hub.
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Ramky achieves financial closure for Hospet road project
For the Rs 1,103-crore Hospet-Chitradurga tollway road project in Karnataka, Ramky Infrastructure has achieved financial closure. The company closed finances through debt syndication of Rs 830 crore to execute the road project.
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BBMP may cancel contractor of Mysore Road work
The Bruhat Bangalore Mahanagara Palike (BBMP) is planning to cancel the agreement with the contractor of Mysore Road widening work as the BBMP is not at all happy with the tardy progress in the work. Presently Mysore Road in Bengaluru is causing inconvenience to road users.
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NHAI to let firms to start projects after land acquisition
The National Highways Authority of India ( NHAI) has decided on rolling out projects only after the contract companies have substantial land required for the project and are given environmental clearance.
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NHAI to secure land, nod before starting road projects
In view of delay in several road projects owing to land acquisition issues, National Highways Authority of India (NHAI) henceforth decided to start road projects only after acquiring substantial land. The authority would also ensure that environmental clearance is in place before starting projects. Through this move, NHAI wants to ensure that once a project starts on ground there is no brake and the objective is timely com
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Road sector’s slowdown hits construction equipment sales
Construction equipment market in India has been shrunken due to the slowdown in road projects and delays in environment clearances. The present construction equipment market in the country is valued at $3.5 billion. A ban on quarry activities in many States has also impacted the sector.
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Bankers to lend Rs 8.3 bn for Rs 11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karn
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Kochi likely to get Rs 3,000-cr road project
The Kerala government is considering a Rs 3,000-crore project proposal for construction of new roads in Kochi city, the State PWD Minister VK Ebrahim Kunju has said. This includes construction of new roads connecting Kalamassery, Thrikkakara and the Kochi city.
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New h’way projects give fillip to construction industry
The road construction sector in India has picked up in 2012 after a slowdown in road projects last year. National Highway Authority of India (NHAI) has awarded about 4,375 kilometers of roads in the first nine months of 2012.