The road sector has gathered steam with the government´s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
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Highways to Progress
Tag: National Highways Development Programme
HCC wins Indo-Nepal border road contract
HCC has been awarded a Rs 393.08-crore project by the Ministry of Road Transport & Highway.
Rs 3,001 cr road projects cleared in Maharashtra
The Union government on September 24 cleared two major road projects in Maharashtra, including the JNPT Port road project. The two road projects entail a total cost of Rs 3,001.19 crore and to be implemented under the Centre's flagship road building programme, National Highways Development Programme (NHDP).
Punj Lloyd bags GMR project
Punj Lloyd has bagged a project worth Rs 1,050 crore from GMR Projects. Punj Lloyd will undertake the design, engineering, procurement and construction of 124 km of the six-lane Chittorgarh bypass to Udaipur (Rajasthan).
Race for highway projects
For the 100 projects with a total length of 11,000 km NHAI plans to award in the coming fiscal, existing highway developers are expected to up the ante and newer players set to join the race.