Home » Roads & Highways » Page 48

Category: Roads & Highways

Post
E-toll system to save Rs.88,000 crore

E-toll system to save Rs.88,000 crore

The electronic toll (e-toll) collection system introduced in the country will help save Rs 88,000 crore and cut waiting time at toll plazas significantly, Road Transport and Highways Minister Nitin Gadkari has said.

Post
ISQ to acquire Rajasthan toll road

ISQ to acquire Rajasthan toll road

I Squared Capital, through its ISQ Global Infrastructure Fund, has agreed to acquire 100 per cent stake in Jaipur Mahua Tollways Pvt Ltd from IJM Corporation, Malaysia, for Rs 525 crore (as disclosed by IJM Corporation to Bursa Malaysia).

Post
Initial green nod for Mumbai coastal road

Initial green nod for Mumbai coastal road

An ambitious coastal road from Mumbai´s Nariman Point to Kandivali may be finally taking shape. CM Devendra Fadnavis has told the State Assembly that Environment Minister Prakash Javadekar has given an in-principle approval to the project.

Post
Tata Realty buys Expressway

Tata Realty buys Expressway

Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.