Road sector is adopting and implementing innovative technologies. The road sector is seeing adoption and implementation of innovative technologies with durable roads being a priority. In order to bear the increasing traffic load, and overcome various challenges, the sector will have to develop new materials, processes and technologies to set the right pace of construction....
Tag: MORTH
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Improving Pace of Road Construction
India is accelerating in terms of road construction, but is it enough? Roads have forever been an integral part of the infrastructure for any country, as it drives the efficiency of transportation, and India, being the second largest road network in the world, is scaling new heights in getting richer in road construction. Click here...
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Where are the orders?
Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...
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Conditional Approval for Vaccine Delivery by Drones
The Central Government is providing an exemption for experimental drone flights for vaccine delivery to enhance the scope of their usage in the country and assist the nation in its fight against the Covid-19 pandemic. The Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have already granted a conditional exemption to...
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Indian Highways: The Growth Story Unfolding
The highway sector has been the ignitor of PPP framework in India. The sector has received a significant support from the government and NHAI has played its role well through constant innovation.
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Opportunities galore, but targets ambitious
With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
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A Tidal Wave in the works!
As the stance of governance is hardening, institutions standing on weak or corroded legs, are stumbling and crumbling. After the case of corrosion of ethics in ICICI, the IL&FS too seems to have bloodied its nose by first becoming a messiah to MaytasInfra (the Satyam scam fall out) in 2009 and then several unrelated forays.
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ITNL to bid for projects worth Rs 40 billion
Following its parent IL&FS approving a Rs 80 billion recapitalisation plan for the company, road developer IL&FS Transportation Networks (ITNL) is planning to bid for projects worth Rs 40 billion.
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Ambitious Target
The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, filing online for clearances to construct road over bridges (ROBs) and road under bridges (RUBs) and increasing the limit on sand mining.
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We have awarded Rs.7.50 lakh crore projects in three years
We are planning to raise Rs 2.9 lakh crore from the equity market, Rs 1.06 lakh crore from private investments and Rs 2.19 lakh crore from Central Road Funds (CRF) or toll-operate-transfer (TOT) or toll road (BOT) projects.