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.
Category: Roads & Highways
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CIL tender for PPP by March
Coal India (CIL) is set to come out with a tender for public-private partnership (PPP) in March. Through the mining, development and operator model, the CIL engages private entities on a contract basis, though on a small scale. In the new agreement, the blocks will be outsourced for 15 years.
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bridge maintenance policy
The Bihar Road Construction Department (RCD) is planning to have a bridge maintenance policy on the lines of road maintenance policy. The RCD has constructed 19,000 km of roads and over 12,000 bridges and culverts since 2006. The government is now focusing on the maintenance of these roads and bridges because there has been no such policy so far.
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Centre approves Goa road projects
The Central government, at the request of the PWD Minister of Goa and Goa MPs, decided to approve road projects in Goa.
The projects include Canacona national highway bypass which included Galjibag and Talpon bridges, western bypass in Salcete, Dhavli bypass, Ribandar bypass and missing link on NH 17B at Loutolim, etc.
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ADB approves road projects in Phailin hit area
The Asian Development Bank (ADB) has approved Rs 966.75 crore for 484 new road projects to be implemented across 14 districts of Odisha hit by tropical cyclone Phailin and subsequent floods. A total road network of 1,790.37 km will be established in the 14 affected districts. The assistance has been approved by ADB under the third tranche of Pradhan Mantri Grameen Sadak Yojana (PMGSY) for 2013-14.
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Ashoka Buildcon consortium bags Karnataka road project
A consortium of Ashoka Buildcon and GVR Infra Projects (51:49) has bagged a Rs 318-crore road project from the Karnataka government. The project involves improvement of 110 km of stretch. The consortium (51:49) had submitted bid for the project involving design, build, finance, operate, maintain and transfer (DBFOMT) of the state highway from Mudhol to Maharashtra Border.
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Capital spend on roads in Mumbai increased
The Mumbai Municipal Corporation (BMC) has increased the capital expenditure on roads by almost 62 per cent to Rs 2,500 crore in 2014-15. However, it hopes to spend Rs 1,016 crore, or just about two-thirds of the budget estimate.
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Automation will reduce commute
Bangalore's dreaded traffic has been debated, but what has escaped much of the media is that several initiatives are in place to limit mobility while augmenting traffic infrastructure.
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We’ve launched a one-stop online shop for investors
He is much revered by the industry as someone who understands both the government and industrial perspectives to development. MN Vidyashankar, Additional Chief Secretary, Commerce & Industries, Government of Karnataka,
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Over Rs 1 lakh crore worth projects under Infrastructure Transformation
Most observers concur that Karnataka has regressed in its industrial rankings as a result of political instability and inadequate attention to infrastructure. Vandita Sharma, the recently appointed Principal Secretary in charge of Infrastructure Development, Government of Karnataka