The Noida Authority has started working on several projects that they hope will give a boost to infrastructure in newly-developed sectors along the Noida-Greater Noida expressway. This includes connecting Faridabad and Greater Noida. It has also reviewed all projects along the expressway.
Category: Roads & Highways
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IVRCL to get Rs.400 crore from sale of TN road projects
Hyderabad-based infrastructure player IVRCL Limited will receive Rs.400 crore from the sale of three road projects in Tamil Nadu after the delayed monetisation resulted in a loss in value of the projects.
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Ashoka Buildcon, Bhartia Infra consortium bags road project
Ashoka Buildcon Ltd along with Bhartia Infra Projects Limited (consortium) had bid for the project viz. two laning of Pasighat - Mariyang - Yingkiang (NH 513) from Singer river to Sijon river section 19.880 km to 43.257 km (length 23.777 km) in Arunachal Pradesh under Arunachal Pradesh package of SARDP-NE on EPC basis issued by National Highways Infrastructure Development Corporation Limited (NHIDCL).
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PMO: End row between NHAI, private players
The Prime Minister´s Office (PMO) has asked the road transport and highways ministry to look into the option of setting up a high-powered committee to resolve disputes between private players and National Highways Authority of India (NHAI)
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Phase II work begins on Mysore road
After years of speculation, construction of Namma Metro project under phase II on Mysore Road is underway. The contractor of the project awarded by the Bangalore Metro Rail Corporation Limited (BMRCL) has started work.
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Barapullah Project to await environmental nod
The National Green Tribunal has prohibited construction work on the third phase of Barapullah elevated road in Delhi, which connects Sarai Kale Khan with Mayur Vihar, without prior environmental clearance.
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No takers for intermodal hub
A plan to turn Hebbal on Ballari Road into a gateway to Bengaluru for those arriving at the airport is yet to take off, five years after it was mooted. The proposal is gathering dust because of a lack of interest by the government.
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Madhucon sells Agra-Jaipur expressway project for Rs.248 cr
Hyderabad-based infra player Madhucon Projects has sold its 100 per cent stake in Madhucon Agra- Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for Rs.248 crore.
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2 new road projects to decongest traffic in Gurgaon
Chief Minister Manohar Lal Khattar said Haryana Government will soon under-¡take two new road projects, ´Northern Peripheral Road´ and ´Southern Peripheral Road´ for decongestion of traffic in Gurgaon.
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Hitting the road
Investing in an infrastructure project isn´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in India´s own Silicon Valley, Bengaluru