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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Category: Roads & Highways
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.
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.
New approach road to ease Sampige Road traffic
To ease traffic on Sampige Road in Bangalore, a new approach road connecting Sampige Road with Swatantrapalya (MD Block) will be built. The city Mayor BS Satyanarayana and the State Food and Civil Supplies Minister Dinesh Gundu Rao inspected the proposed road near Mantri Mall on November 8.
Poor compensation affects road plans in Kerala
A conference has found that the colonial Land Acquisition Act 1894, poor compensation for evictees and lack of transparency have burdened Kerala’s development, including road widening. The findings of last year’s ‘Infrastructure Conference’ in Kochi, was released in Thiruvananthapuram on November 8 by the State Water Resources Minister PJ Joseph.
Govt plans to woo foreign road developers
The Union Ministry of Road Transport & Highways plans to conduct road shows abroad to attract foreign firms to take up projects in India as road developers in the country staying away from bidding for road projects.
Govt plans to woo foreign road developers
The Union Ministry of Road Transport & Highways plans to conduct road shows abroad to attract foreign firms to take up projects in India as road developers in the country staying away from bidding for road projects.
Cartels halt work on Chennai-Tirupati road in TN
Widening of half of the 124.7 km Chennai-Tirupati road in Tamil Nadu side has been delayed due to corruption and red-tapism in the State government, says National Highways Authority of India officials. Half of the National Highway 205 falls in Tamil Nadu, and the other half in Andhra Pradesh.
Cartels halt work on Chennai-Tirupati road in TN
Widening of half of the 124.7 km Chennai-Tirupati road in Tamil Nadu side has been delayed due to corruption and red-tapism in the State government, says National Highways Authority of India officials. Half of the National Highway 205 falls in Tamil Nadu, and the other half in Andhra Pradesh.
Toll to be collected on Padil-BC Road stretch
In Mangalore, toll will be collected from vehicle users on the 20-km stretch between Padil and BC Road by this year end. Though the 37-km Surathkal-BC Road stretch was constructed by the same agency- Ircon International Limited (IRCON) - two different agencies will be appointed to collect the toll and do the maintenance of the road, stated the National Highways Authority of India (NHAI).

