The Gadchiroli district in Maharashtra will undergo a complete transformation in two years after completion of road projects, Minister for Road Transport & Highways and Micro, Small and Medium Enterprises, Nitin Gadkari has said.

To establish a transparent and comprehensive performance rating system for its consultants, contractors and concessionaires, the National Highways Authority of India (NHAI) has developed a ‘Vendor Performance Evaluation System’.

National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways (MoRTH) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT), Delhi to set up a Centre of Excellence (CoE) for use of artificial intelligence (AI) in data-driven decision making and advance data management system for highways.

India’s largest highway infrastructure developer, IRB Infrastructure Developers Ltd has emerged as a preferred bidder for construction of eight lanes of Vadodara-Mumbai Expressway in Gujarat, on the Gandeva-Ena stretch having a length of 27.500 km with the project cost of Rs 17.55 billion.

In its endeavour to provide world-class national highways network to the country the National Highways Authority of India (NHAI) has approached all Indian Institutes of Technology (IIT), National Institutes of Technology (NIT) and reputed engineering colleges to collaborate and adopt nearby stretches of the national highway, voluntarily, as part of its institutional social responsibility (ISR).

In its effort to improve the quality of roads, the state-owned builder of expressways under the Ministry of Road Transport and Highways (MoRTH), the National Highways Authority of India (NHAI) has decided to undertake performance assessment and ranking of highways in the country.

Intending to facilitate investment in the roads & highways sector, the state-owned builder of expressways under the Ministry of Road Transport and Highways (MoRTH), the National Highways Authority of India (NHAI) is in the process of setting up an infrastructure investment trust (InvIT).

Faggan Singh Kulaste, Minister of State for Steel has assured the industry that the government was taking all necessary steps to reduce the logistics cost in India help the end users.

While a sustained low-interest-rate regime is a challenge for operational HAM projects, the bank rate is expected to remain at low levels as the RBI monitors the situation to revive growth and mitigate the impact of COVID-19.