Orissa is to repair its state highways at a cost of Rs 3,000 crore in the next four years. The state government has started process for tenders for road works of 381 km in the first phase at a cost of Rs 633 crore.
Category: Roads & Highways
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NHAI to meet banks before lending
Feeling that banks are misguided over lending to road developers, the National Highways Authority of India (NHAI) has asked the banks to hold joint meetings with it before lending to road projects.
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Rescue plan for defaulters
The Union Government, plans to re-negotiate contracts worth Rs 99,000 crore with some of the private developers to give them payment concessions, instead of imposing penalties.
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JNPT road project approved
A project to upgrade a road to Jawaharlal Nehru Port (JNPT) in Mumbai has been approved by the Union Government. The road project involves a total expenditure of Rs 1,943.37 crore.
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Nod to lease out land for projects at major ports
The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.
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Govt to run 20 airports under PPP mode
The Union Government has decided to operate, manage and develop 20 airports across the country through public-private partnerships (PPP), including Chennai and Kolkata
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Domino effects of stuck cash
NPAs are at best symptomatic of a deeper problem among infrastructure projects in particular, among those on public-private partnership (PPP).
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There is no alternative to PPP
There are few people in the seats of power who're more convinced about PPP than Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India. In a freewheeling interview and a mood for candour,
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NHAI seeks control of Gurgaon expressway
The National Highways Authority of India (NHAI) has sought the Centre to allow it to take over the poorly run Gurgaon expressway from the concessionaire. NHAI has also supported the public's demand of doing away with toll collection on the expressway.
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Nashik civic body to concretise 11 main roads
In Nashik city of Maharashtra, 11 selected roads with heavy traffic density are to be concretised to reduce maintenance works and increase travel comfort on the roads. The Nashik Municipal Corporation (NMC) has undertaken the process for concretisation work on the 11 roads.