As a meeting in New Delhi between the government, lenders and concessionaires could not find solutions to 10 of the 19 languishing highway projects, the road ministry is likely to restructure and rebid them.
Category: Roads & Highways
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Diversification is a part of the mission of this company from its very first day
These are virgin Nylon-6 fibres for secondary reinforcement in construction. Nylon 6 is the best proposition among all synthetic fibres to impart the most effective secondary reinforcement in construction and we have got the patent for the process of making this product.
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PSUs should not be treated as an extended arm of the government
The public sector was set up on the premise of economic development with social justice. To build strong infrastructure for the country and to meet social objectives, PSUs were established in backward regions and employed a large number of people ù 25 lakh people till 1989.
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The bottom line is that roads should get done
There has been a significant mindset change in the approach of NHAI and its officers. This is the most significant improvement in the working situation that we have ushered in.
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The stage is set for take-off. It´s time to execute
We have been working with them to put together the investment policy - what should be the objectives, focus, sectors, types of investments and things of that nature. All that has been finalised.
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Hybrid Annuity model for implementing highway projects approved
The Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, has given its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the Highway Projects.
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Rs.50,000 cr projs sanctioned for TN
The Centre had sanctioned Rs.50,000 crore for infrastructure projects in the State, said Union Minister of Road Transport, Highways and Shipping Nitin Gadkari.
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Maharashtra leads in termination of PPPs
Maharashtra leads the list of states where the most number of public-private partnership (PPP) investment projects have been terminated.
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Ring road to ease Howrah traffic torment
Commuters in the industrial town will soon get relief from traffic congestion as the Howrah Municipal Corporation (HMC) has nearly completed the 12-kms ring road.
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Govt to set up separate department for transport: Nitin Gadkari
Union Minister of Road, Transport and Highways said that the government will set up a separate Transport Department comprising experts from automobile sector, alternative fuel, emission, etc. ´