The National Highways Authority of India (NHAI) has suggested the Union Highways Ministry to see that the road project contracts are cancelled amicably than wasting time in trying to revive the projects. And it also urged the Ministry to deal with the developers in a way that the project contracts are cancelled amicably.
FlashNews:
Solar Now Far Cheaper Than Conventional Energy as Tariffs Fall: Joshi
India Surpasses Clean Energy Goal with 50% of Grid Now Powered by Non-Fossil Sources
Mumbai-Ahmedabad Bullet Train to Launch with Japan’s Next-Gen Shinkansen Technology
From Trade to Tourism, Sonowal Envisions a New Global Role for BIMSTEC
Railways to Begin Massive CCTV Rollout Across Trains to Boost Onboard Security
Ceinsys Tech Wins ₹1.15 Billion MMRDA Contract for Real-Time Infrastructure Monitoring Platform
Siemens Secures ₹7.73 Billion Contract for Nagpur Metro’s Advanced Signalling and Telecom Systems
DFCCIL Launches India’s First Private Gati Shakti Cargo Terminal on Western Freight Corridor
India Clears Elon Musk’s Starlink for Satellite Internet Rollout
GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
India Invites Feedback on Oil & Gas Reforms Ahead of Landmark OALP Round X: Hardeep Singh Puri
₹50 Billion Boost for Northeast Waterways; Kaladan Project to be Operational by 2027: Sonowal
Tata Sons’ Chandrasekaran Outlines Energy Transition Runway Amid Group’s Moment of Reflection
CII President Rajiv Memani Offers Blueprint for a Competitive Viksit Bharat
JSW Paints to Acquire Majority Stake in Akzo Nobel India in ₹89.86 Billion Deal
India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
Tag: National Highways Authority of India
TN halts work on useful Chennai port e’way
The Tamil Nadu government has asked the National Highways Authority of India (NHAI) to hold the Rs 1,800 crore 19-km Chennai Port-Maduravoyal Elevated Express Corridor project as the NHAI has deviated from the approved alignment. The project is on hold since April 2012. Now, the port users say they will face huge hardships if Chennai Port-MaduraÂvoÂyal elevated corridor project is not implemented.
Parliamentary body asks Kerala to give land for h’ways
The Parliamentary Standing Committee on Transport has resented over Kerala government's disinterest in the road projects of National Highways Authority of India (NHAI) in the state. The Kerala Government is neither interested in funding road projects through the public-private-partnership mode, nor wants to take up projects, the Committee said. The Committee stated this in Delhi in the context of problems in acquiring land for construction and widening of roads.
NHAI drops highway projects worth Rs 4,000 cr
As the National Highways Authority of India (NHAI) could not acquire land required for road construction, it has scrapped highway projects worth Rs 4,000 crore in Goa and Kerala states. Referring the NHAI's inability to build the 4,000 crore highways, the Federation of National Highway Builders said that a new land acquisition law for public purpose has to be implemented and coordination between NHAI and State governments should be more.
Govt asks NHAI to drop slow-progress projects
The Union government has asked the National Highways Authority of India (NHAI) to review all its languishing projects and identify those projects that can be terminated on contractual grounds, so that they can be bid for all over again. Several of NHAI projects awarded in recent years are either stranded midway or have been complete non-starters.
NHAI to cancel three highway projects
Media reports say that the National Highways Authority of India (NHAI) Board on August 22 has decided to cancel three highway projects of PNC Infra, C&C Construction and Era Infrastructure. Sources concerned said that the developers had not paid the performance guarantee amount after winning the projects and that is why the Board has decided to cancel the highway projects. These developers would lose their bid security, which is one per cent of total project cost.
Planning Commission, NHAI differ over Rs 6000-cr project
The Planning Commission is not in favour of the National Highways Authority of India's insistence of rescheduling the premium of Kishangarh-Udaipur-Ahmedabad highway project. The Planning Commission is of the view that NHAI should go for re-bidding of the Kishangarh-Udaipur-Ahmedabad project in the wake of GMR walking out of it.
NHAI may terminate 3 road projects
Taking note of a three road developers' inability to furnish Performance Bank Guarantee (PBG), the National Highways Authority of India (NHAI) board on August 23 considered termination of the three road projects. NHAI said that the board considered three projects for termination due to the inability of developers to furnish IMG. There were seven more projects, which are not moving, in the list. These projects were left out now, NHAI said.
Jetpur-Somnath highway-8D to be widened into 4-lane
In Gujarat, the Jetpur-Somnath Section of National Highway (NH)- 8D is being converted into four lane under NHDP Phase-III by National Highways Authority of India (NHAI). Four laning of Bhavnagar-Veraval Section and two lane paved shoulder/four laning of Gadu Dwarka section of NH-8E is scheduled to be completed in September, 2015.
Minister examines progress of road projects at Guwahati
Vijay Chhibber, Secretary, Road Transport & Highways held a meeting at Guwahati on August 1, 2013 with the officers representing various agencies in the Region, viz. the state PWDs, BRO (Border Roads Organisation) and NHAI (National Highways Authority of India) to review the road projects in North East region. This was in line with the focused approach of the government towards improving the road infrastructure in partic