The Union Cabinet Committee on Economic Affairs (CCEA) has cleared premium rescheduling of road projects (means, postponement of premium payments by highway developers) and referred the matter to a panel for fine-tuning. The move could help infrastructure majors such as GMR and GVK whose projects were facing delays on account of high premium.
Category: Roads & Highways
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ACC launches concrete for road repairs
A ready-to-use, fast-setting concrete has been made by ACC Concrete company for repairing bitumen and concrete roads to get them ready for traffic within a day of repair. Anil Banchhor, Chief Executive-Concrete Business, ACC said roads repaired with Ultra Thin White Topping can be opened for traffic within 24 hours.
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Work to begin on hill highway in Kasargod at Rs 5 cr
In Kerala's Kasargod district, construction on a hill highway will begin this year with Rs 5 crore. The road project is to connect Thiruvananthapuram from Nandarapadavu in the northern tip and pass through Perla, Badiadukka, Mullaria, and Chalingal.
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Rs 64.16 cr Nabard loan to Haryana road projects
A loan of Rs 64.16 crore to Haryana has been sanctioned by the National Bank for Rural and Agriculture Development (Nabard) Haryana regional office for six rural road projects under the Rural Infrastructure Development Fund (RIDF) in 2013-14.
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TN likely to get Rs 8,583 cr for road works
The Tamil Nadu government is likely to get Rs 8,583 crore for various road projects of 1,678 km of length. The road works are expected to commence from next year, Rajeev Ranjan, Principal Secretary, Highways and Minor Ports, said in Chennai on October 7.
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Land acquired for widening of Stadium Link Road in Kochi
For widening the Stadium Link Road in Kochi, the Kochi Corporation has finally managed to acquire five cents of land after 13 years. The road connects the Jawaharlal Nehru International Stadium with Thammanam-Pullepady Road. Work on the started in 2000.
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Officials asked to pace up road works in Hyd
Hyderabad Mayor M Majid Hussain has asked all zonal commissioners of Greater Hyderabad Municipal Corporation (GHMC) to complete patch works and pothole -filling on main roads by October 14.
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Nagpur has to wait till Dec for asphalted roads
The Nagpur Municipal Corporation (NMC) has failed in its efforts to asphalt the city roads by Diwali in November. Hence the people of Nagpur will have to continue to face potholes and bad roads till December or even January, say media reports.
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Struggling highway projects may get package
The Union government plans to extend its rescue package to all struggling highway projects instead of the previously identified 23 projects.
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Bannerghatta road to be widened into 150 ft soon
Widening of one of the Bangalore's key roads Bannerghatta Road will start within two months. The Bruhat Bengaluru Mahanagara Palike (BBMP) will hold a meeting with the property owners over land acquisition on October 19. On October 5, Bangalore Mayor BS?Sathyanarayana inspected the road.