The Union government is to hold road shows in countries like China and Australia in the next few months to attract foreign companies to take up road construction projects in the country. Road developers in India like GMR, GVK, L&T are staying away from bidding due to fiscal constraints and land acquisition problems.
Category: Roads & Highways
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Kolkata roads safe with CCTV watch
To avoid road traffic jams and prevent crime, Kolkata police have got surveillance CCTV cameras fixed at every traffic crossing in the city. The facility, which was launched on November 1, is described as revolution as the CCTV watch helped the city police to intervene quickly and take effective action in event of crime and traffic offences.
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Himalayan road to cut costs for countries
Media reports say that India and China should consider stepping up bilateral trade through Nathu La, the mountainous pass in the Himalayas and the road connecting India's northeast with Myanmar to reduce transportation cost. Through the mountain road, the entire region can prosper.
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Metro work congests life in Delhi colony roads
As the Delhi Metro Rail Corporation is constructing two new lines in densely populated colonies in the city, residents in the area have complained of narrow streets getting more congested.
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Key road in Chennai in shambles
Milk Colony Road in Madhavaram in Chennai is in a mess and troubling the commuters in the area. It is full of rubble and red sand with potholes. The Road runs the entire length of the colony, and is the only entry and exit point to the area residents.
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SBI Macquarie buys stake in tollway for Rs 275 cr
In a Trichy road project, SBI Macquarie Infrastructure Trust has bought 74 per cent for Rs 275 crore. The road project stake has been developed by IJM of Malaysia and Shapoorji Pallonji.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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Minister for 70-metre roads in Kerala
Keeping in view of the population density in Kerala, roads in the state should be extended to 70 metre width, said the State Electricity Minister Aryadan Mohammed in Thiruvananthapuram.
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Minister for 70-metre roads in Kerala
Keeping in view of the population density in Kerala, roads in the state should be extended to 70 metre width, said the State Electricity Minister Aryadan Mohammed in Thiruvananthapuram.