To connect important religious and tourist places in Gujarat, four road projects worth Rs.2,640 crore have been awarded, NHAI has said. ´Two hundred and fifty six km long Bhavnagar to Somnath section of NH-8E (New NH-51) is an important link to connect religious
Category: Roads & Highways
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Rs.2,000-cr corpus for better road design
To curb accidents on national highways, the Centre will launch a new scheme ´Pradhan Mantri Surakshit Sadak Yojana´ to get rid of black spots on highways.
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Obituary
M Murali, Director General, National Highways Builders Federation (NHBF) passed away on May 17, 2016. He was always at the forefront, leading the nodal agency representing highway developers
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Guj to get Rs.2 lakh cr for infra | Gadkari
Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said.
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Jaypee Infra defaults on loans
Jaypee Infratech announced it had defaulted, for the first time, on interest payments to Indian banks of Rs.193 crore and of Rs.300 crore to Life Insurance Corporation of India in repayment of principal.
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New Bill for PPP projects in ports
The government will table a new Bill to facilitate a model agreement for PPPs in ports. ¨In the next two months, we will have a new model agreement, hopefully by June 30.
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Tribunal to be set up for faster resolution of PPP disputes
The government is planning to set up an independent tribunal for faster resolution of disputes relating to private sector partnerships and public procurement.
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PAC wants PPP projects under CAG
The Public Accounts Committee strongly favours empowering the Comptroller and Auditor General to examine investment, expenditure and profit aspects in public-private-partnership (PPP) projects.
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IL&FS keen to invest in infra in Hyderabad
IL&FS has evinced interest in investing in infra projects in Hyderabad, including housing and roads, Telangana government said.
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UP tops infra projects under PPP mode
Uttar Pradesh (UP) has clocked the highest share in infrastructure projects carried out under the public private partnership (PPP) mode across India.