The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
Category: Roads & Highways
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No regulator till new government: RoadMin
The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
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New avenues of transport
Urban infrastructure development in India has taken a faster pace in the recent past with a slew of projects getting operational while some are under implementation.
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We have offered the best package for PAPs
The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
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A new global benchmark
The new Terminal 2 (T2) at Mumbai International Airport, an engineering marvel and an architectural icon, completed its construction confronting with a lot of challenges. GVK constructed the new T2 in the same location of the old international terminal without shutting down its operations.
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Land acquisition can be a deterrent: Experts
With the election round the corner, not much is likely to happen with respect to new airport infrastructure in India this year. Among the few aviation opportunities that exist a major one is the Navi Mumbai greenfield international airport project
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State roads to become NH
The government is to declare about 7,200 km of roads in approximately 132 districts as national highways. The move is seen as a last minute attempt by the government to improve its tally to bringing in more roads under the NH network. In the past four-and-a-half years, about 10,000 km of state highways were added to the NH network and the fresh addition will take the tally to over 17,000 km under this umbrella.
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NHAI to float bids for road projects in TN
The National Highways Authority of India (NHAI) will float bids for three important road projects in Tamil Nadu. These roads will connect Rameswaram reducing the travel time to the pilgrim island by road. NHAI has so far completed work in the 90 km stretch in the two-lane highway between Tiruchi and Ramanathapuram via Karaikudi. This highway with paved shoulders on NH 210 has been executed at a cost of Rs 374 crore.
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Ennore Port: On a revival mode
After Tuticorin Port, now it is the turn of Ennore Port to receive a new name and identity. Renamed as Kamarajar Port, the facility is gearing for a major expansion drive with a slew of projects in the pipeline.
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World Bank inks loan pact for Gujarat road project
The World Bank and the government signed a loan pact under which the multi-lateral lending institution will provide $175 million to fund a second highways project in Gujarat.