In view of delay in several road projects owing to land acquisition issues, National Highways Authority of India (NHAI) henceforth decided to start road projects only after acquiring substantial land. The authority would also ensure that environmental clearance is in place before starting projects. Through this move, NHAI wants to ensure that once a project starts on ground there is no brake and the objective is timely com
Tag: Highway
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Madhucon to sell power, road projects
Hyderabad-based Madhucon Projects plans to raise about Rs 1,300 crore by selling stakes in its highway and power projects in five to six months.
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Madhucon to sell power, road projects
Hyderabad-based Madhucon Projects plans to raise about Rs 1,300 crore by selling stakes in its highway and power projects in five to six months.
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Macquarie SBI qualifies
Macquarie SBI Infrastructure Investment has qualified to participate in the construction of any highway project that costs up to Rs 9,200 crore.
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Good response to NHAI annual pre-qual
As a major initiative that could cut short the bidding process of highway projects by two months, NHAI's scheme for annual pre-qualification of bidders has received a huge response.
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Race for highway projects
For the 100 projects with a total length of 11,000 km NHAI plans to award in the coming fiscal, existing highway developers are expected to up the ante and newer players set to join the race.
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KL's infra envoy
S Samy Vellu, 74, who assumed duties as Malaysia’s special envoy with ministerial rank on infrastructure to India and South Asia last month, has his task cut out.