Various steps have been taken by the government and the National Highways Authority of India (NHAI) to remove the hurdles affecting the construction of highway projects.
Category: Roads & Highways
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Multimodal logistics parks to come up
The Ministry of Road Transport and Highways has set up a Logistics Efficiency Enhancement Programme, under which it is developing multimodal logistics parks across 11 states in the country.
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Brookfield to buy out RInfra´ road assets
Brookfield, the world´s second biggest manager of alternative assets like real estate and private equity from Canada, has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Reliance Infrastructure for an enterprise value of Rs.8,000 crore.
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Rs.300 cr more for civic infrastructure work in Chennai
The Tamil Nadu govern-¡ment has allocated Rs.300 crore towards the Chennai Mega City Development Mission (CMCDM) in the revised budget estimate presented in the assembly. This is in addition to the Rs.500 crore already pledged in the 2016-17 interim budget in February.
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NHAI to build roads connecting export hubs with ports
The NHAI is identifying highway projects connecting export hubs with port cities. The government has already identified industrial corridor Delhi-Mumbai, Amritsar-Kolkata, Chennai-Visakhapatnam and Chennai-Bengaluru to connect the hinterland with the ports.
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Mandaviya takes over as MOS
Mansukh Lal Mandaviya has assumed the charge of Minister of State, Ministry of Road Transport & Highways and Shipping from July 11, 2016. He is a BJP MP (Rajya Sabha) from Gujarat.
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DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.
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Work on Bengaluru-Mysuru highway by DEC
Work on the 60-m wide 10-lane Bengaluru-Mysuru expressway project is expected to begin by December. The government has completed acquiring 2,200 acres needed for the project, and only compensation remains to be paid. The expressway will cover a distance of 118 km, with six bypasses.
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Govt constructing 73 roads along Indo-China border
Altogether 73 roads having operational significance along Indo-China border will be constructed by 2020, Minister of State for Home Kiren Rijiju informed the Lok Sabha. Out of these 73 roads, 46 roads are being constructed by Ministry of Defence and 27 roads by Ministry of Home Affairs.
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NHAI is executing nearly 205 highway projects
The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.