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Process begins to widen stretch on Kalka-Shimla NH

Process begins to widen stretch on Kalka-Shimla NH

In Himachal Pradesh, process to acquire the required land to widen the 25 km Solan-Waknaghat stretch on Kalka-Shimla National Highway into four lanes has begun. The authorities concerned said that the land owners on either sides of the highway have been asked to submit the estimated cost of their land to be acquired for the four-laning.

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L&T to list 6 road projects on S’pore stock exchange

L&T to list 6 road projects on S’pore stock exchange

The Union government has permitted the construction major Larsen and Toubro to form a business trust in Singapore and list of its six toll road projects on the Singapore stock exchange that could raise up to $1 billion. The National Highways Authority of India board has approved the L&TÂ’s plans to set up the trust.

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Panel report on road developers within one month

Panel report on road developers within one month

The Rangarajan committee set up to look into the aspects of bailout of highway developers will submit its report within a month, officials concerned in the government said in Delhi. The three-member committee is headed by Rangarajan, who is the Prime Minister's Economic Advisory Council.

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Govt holds roadshow in abroad to sell stake in CIL

Govt holds roadshow in abroad to sell stake in CIL

The Union government's disinvestment department has been on a roadshow in five nations including Germany and the UK to attract foreign investors for its Rs 9,000-crore Coal India's five per cent stake sale. The roadshows are being held in New York, Boston and San Fransisco in the US, followed by Toronto in Canada and London in the UK, sources in the government said.

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Maha CM to review 4 key infra projects on Oct 30

Maha CM to review 4 key infra projects on Oct 30

Maharashtra Chief Minister Prithviraj Chavan is to discuss about infrastructure projects worth Rs 11,000 crore on October 30. The projects include passenger water transport sysytem. The CM is to discuss the projects with the Maharashtra State Road Development Corporation (MSRDC).