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Record 47,350 km of PMGSY roads constructed in 2016-17

Record 47,350 km of PMGSY roads constructed in 2016-17

A record 47,350 km of Pradhan Mantri Gram Sadak Yojana (PMGSY) roads was constructed during 2016-17. This is the highest construction of PMGSY roads in a single year, in the last seven years. While 25,316 km of PMGSY roads were constructed in 2013-14, road construction in 2014-15 was 36,337 km and in 2015-16, it was 36,449 km.

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NHAI awards nearly Rs.4,000 cr highway projects in Karnataka

NHAI awards nearly Rs.4,000 cr highway projects in Karnataka

The National Highways Authority of India (NHAI) has awarded two contracts worth Rs.3,918 crore in Karnataka under NHDP. The projects on NH 63 include ´four-laning of Hubli-Hospet section at Rs.2,293 crore to BSCPL-KNR (JV) and four-six laning of Hospet-Bellary-Karnataka/AP border Section for Rs.1,625 crore to Gammon India Ltd,´ the Ministry of Road Transport and Highways said.

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Coal India sells linkages

Coal India sells linkages

Coal India, the Indian coal behemoth, has ended up selling most of the linkages offered to captive power producers. These linkages are critical as they act like long-term assurance for supplies.

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Sales of RINL rises 5% in Nov

Sales of RINL rises 5% in Nov

According to a company statement, sales of Rashtriya Ispat Nigam (RINL) grew 5 per cent to Rs 1,085 crore in November from Rs 1,028 crore in the year-ago month. During the month, sales of iron and steel registered a growth of six per cent, while pig iron sales expanded 48 per cent.According to the statement, the company is increasing its prese