In Jharkhand's Hazaribag, the hurdles, in converting the NH-2 (G T Road) into six lanes between ItkhoriMor to Barhi via Chouparan by the National Highway Authority of India (NHAI) have now been removed as the authorities have in principle agreed to construct a flyover and save the Chouparanhaat shopkeepers and market complex people from being displaced.
Tag: National Highway Authority of India
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Flyover to replace 6-lane plan on NH-2 in Hazaribag
In Jharkhand's Hazaribag, the hurdles, in converting the NH-2 (G T Road) into six lanes between ItkhoriMor to Barhi via Chouparan by the National Highway Authority of India (NHAI) have now been removed as the authorities have in principle agreed to construct a flyover and save the Chouparanhaat shopkeepers and market complex people from being displaced.
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NHAI allows IDFC to pick up 74% stake in Delhi-Gurgaon e-way
The National Highway Authority of India (NHAI) allowed IDFC to pick up 74 per cent stake in the Delhi-Gurgaon expressway project from its original promoters. Following the acquisition of the controlling stake, IDFC, which is the leading lender to the project, is expected to manage the project efficiently to recover its inves
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NHAI formulating policy for early exit of developers
The National Highway Authority of India (NHAI) is preparing a new policy that would facilitate and allow the construction companies to exit as soon as the road project is commissioned. The NHAI's move follows highway construction industry's pressing demand to allow them to disinvest from the highway projects when those are commissioned.
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NHAI feels cost overrun as reason for exit from projects
RP Singh, Chairman of the National Highway Authority of India (NHAI) claimed that the change in the economic scenario and escalation of cost prompted two highway developers to exit mega projects recently. It may be recalled that GMR Infrastructure terminated the contract for the Rs 5,700 crore Kishangarh-Udaipur-Ahmedabad Expressway with NHAI on g
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Kundapur-Goa border highway to be four-laned in Karnataka
The National Highway Authority of India (NHAI) will take up four-laning of the 190-km stretch of NH 17 from Kundapur to the Goa border in Karnataka. The road project in the west coast is expected to be completed by 2016. The detailed project report (DPR) for the 1,756 crore project is ready and work is likely to commence by mid-2013.
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NHAI gives more time to secure funding for highway project
Owing to delay in securing statutory clearances, the National Highway Authority of India (NHAI) allowed the concessionaire of the Kota-Jhalawar highway project in Rajasthan to take more time for financial closure. The lenders of the highway project asked for all the clearance to be on the safer side. The approvals from seve
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National Highways in Bihar need urgent repairs: Minister
ome national highways in Bihar urgently needed repair for smooth movement of long-distance vehicular traffic, the Bihar government stated on December 3. But the government blamed the Central agency, the National Highway Authority of India (NHAI), for not responding to the repeated request of the State government.
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Road construction sector on the path of recovery
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction
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NHAI to secure land, nod before starting road projects
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