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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Category: Roads & Highways
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.
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.
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.
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.
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.
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.
Dharamshala to get its own expressway
Dharamshala town which is home to spiritual leader Dalai Lama and known for its scenic cricket stadium will now be connected via the Dhauladhar Expressway
New allocation for boost in highway project safety
With 1.5 lakh people dying in road accidents annually, the government plans make it mandatory to keep 1 per cent of the total cost of highway projects
Mumbai: Rs.4,271-cr tenders floated for coastal road
A set of four tenders for the first phase of the proposed coastal road project between Nariman point to Kandivli was opened on April 27 at a total cost of Rs.4,271 crore.

