In Haryana, the State Chief Minister Bhupinder Singh Hooda has approved construction of a flyover at Maharana Pratap Chowk in Gurgaon. Once the flyover comes into being, it could provide a great relief to commuters. The area witnessed regular traffic snarls, especially during rush hour. Haryana Public Works (Building and Roads) Department will construct the flyover at an estimated cost of Rs 126.14 crore.
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Haryana govt may explore legal option against CEA order
The order of the Central Electricity Regulatory Commission (CERC) allowing Adani Power to charge "compensatory" tariffs for electricity from its Mundra plant has not gone down well with Haryana government. The state government plans to take legal action against the CERC order as it feels that the order violates the p
Gammon gets uderwriting of financial closure for 5 road projects
Gammon Infrastructure has secured underwriting for the financial closure of five highways projects in Bihar, Andhra Pradesh, Madhya Pradesh, Orissa and Haryana, which is likely to help the developer tie up funds easily and enable faster pace of progress.
Govt to upgrade 5 roads via PPP model
Haryana government would adopt Public Private Partnership (PPP) model to develop five major roads in the state, the state Industries and Public Works Minister Randeep Singh Surjewala said. The five roads identified for the project are Bahalgarh chowk Meerut-Sonepat road, Panipat-Sonali Road SH-16, Kond-Moonak-Salwan-Assandh road till MDR border, Palwal- Aligarh Road and Karnal-Meerut Road, he said after inaug
Nod to Rs 7,915 cr road projects in UP, Maha, Gujarat, Haryana
The Union government on March 18 approved Rs 7,915 crore road projects in Uttar Pradesh, Gujarat, Maharashtra and Haryana under its flagship road building programme National Highways Development Project (NHDP). The Cabinet Committee on Economic Affairs (CCEA), in its meeting accorded approval to the four projects to be built under phases III, IV and V on Build, Finance, Operate and Transfer (DBFOT) basis.
Haryana frames new housing policy to benefit 3.5 lakh familes
Haryana government has prepared a new housing policy — Priyadarshini Awaas Yojna - which would benefit over 3.5 lakh families below the poverty line (BPL) and, or, from the economically weaker sections (EWS) in the state. In the next two years, the state government aims to construct atleast 2 lakh houses under the scheme. Acc
State govts clear Rs 200 bn expressway project
Union Road Transport and Highways Minister CP Joshi informed media persons that Delhi, Punjab and Haryana governments agreed to construct a 357 km Delhi-Ludhiana Expressway at an investment of Rs 20,000 crore. This would be a six-lane expressway between Ludhiana and the national capital and the route map for this would be finalised by next month, the minister
Reliance Infra may exit from Haryana h’way project
Fear of Reliance Infrastructure exiting Haryana's maiden toll road project - the Gurgaon-Faridabad highway — looms large as the company has been incurring a daily revenue loss of at least Rs 10-Rs 12 lakh since trucks are not paying toll charges and also damaging toll plazas.
Govt plans to link Faridabad and Gurgaon with mono rail
Addressing a rally in Faridabad, Haryana Chief Minister Bhupinder Singh Hooda said he plans to set up mono-rail between the city and Gurgaon in order to give a fillip to the development of the area. He said the government would work out the modalities of the project. Meanwhile, he said that under Jawaharlal Nehru National Urban Renewable Mission, developmental work
Aiming at larger business goals
A member of Institute of Chartered Accountants of India and an MBA from the Faculty of Management Studies, University of Delhi, Samir Ashta comes with over 26 years of rich experience in project finance, treasury, investment & risk analysis, accounting & taxation and policies & compliances. He has held several leader¡ship roles at large engineering, chemical and paint companies in India, including Escorts, ICI and Demag Cranes.