The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
Tag: Ministry of Road Transport and Highways
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Maha to engage experts to monitor safety on highways
The Maharashtra Ministry of Road Transport and Highways will engage independent experts or national project monitors who will prepare project reports and also conduct quality checks when the road projects are being implemented, apart from monitoring road safety.
The Ministry, in a memorandum issued last month, said that apart from complaints about poor quality of construction of roads, it has also been receiving complaints from road users about the poor quality of services provided by agencies
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Ministry wants banks to ease land norms for road projects
Banks have been asked by the union finance ministry to disburse loan to road projects developers who have acquired 80 per cent of the required land instead of the existing norm of 100 per cent.
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Govt clears 2 National Highway projects in Rajasthan
The Union government approved two highway extension projects in Rajasthan involving investments of Rs 713 crore with assistance from the World Bank. A press release from the Ministry of Road Transport and Highways said that government has approved a proposal for rehabilitation and upgrading of two stretches of National Highways in Rajasthan under Phase I of National Highway Interconnectivity Improvement Projects (NHIIP) with World Bank loan assistance.
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Does weak market condition favour EPC model?
Going the EPC way may not be all about targeting less viable geographic sectors. It may be a Hobson's Choice stemming out of weak investment scenarios,
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Call for transparency in toll collection
The Ministry of Road Transport and Highways has proposed to set up an independent regulatory body to monitor toll charged by private road builders on national highways.
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Delhi-Mum Expwy proposed
The Ministry of Road Transport and Highways is considering aligning expressways along the proposed Delhi-Mumbai railway freight corridor.