The World Bank has approved a loan of $500 million loan for road projects in the backward areas in India. The World Bank loan will focus on three low-income states - Rajasthan, Bihar and Orissa - and on less developed regions in Karnataka and West Bengal. The National Highways Interconnectivity Improvement Project.
Tag: National Highways
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$500 mn World Bank loan for roads in remote India
To improve national highways and road connectivity in remote areas and economically backward areas of India, the World Bank has approved a loan of $500 million loan.
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Kerala highways likely to be widened into 45 metre
In Kerala, national highways are likely to widened into 45 metre, if the State government implement the the suggestion made by the annual conference of district collectors. The conference was held in Thiruvananthapuram on October 23.
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Indian highways bring Rs 9,300 cr toll
Users of national highways in the country have paid Rs 9,283 crore toll in 2012-13 financial year, which is 30 per cent more than the last year figures, said the Union Road Transport Ministry. 74 per cent of the toll sum collected has gone to private road developers like Larsen & Toubro, IL&FS Transportation, Reliance Infrastructure, IRB Infrastructure, Ashoka Buildcon, Sadbhav Engineering, Gammon and HCC, who have got rights to widen the national highways and collect toll.
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Govt to adopt EPC mode for unviable national highways
The Union Ministry of Road Transport and Highways has decided to adopt the Engineering Procurement and Construction (EPC) mode for National Highways which are not viable on PPP basis. The 12th Five Year Plan envisages construction of 20,000 km of 2-lane National Highways projects through EPC mode.
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NHAI may outsource toll collection as builders want early exit
The Union Ministry of Road Transport and Highways is considering changes in certain contract formats for building national highways. Under the new format, toll collection could be the responsibility of a separate contractor and not the road builder. Such a step was necessitated after several private contractors found toll collection was not a viable proposition for such projects.
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Govt admits slow progress in road building due to its own hurdles
Delays in environment and forest clearance and land acquisition have contributed a lot in causing slackened progress in road building. The Parliament was informed on April 25. The progress of construction of National Highways has been slow due to several problems such as land acquisition, shifting of utilities, environmental and forest clearance, as well as manpower and economic slowdown, Union Minister of State for Road Transport and Highways Tushar A Chaudhary said in the Rajya Sabha.
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Odisha’s two-laning of NHs to be over by 2017
By 2016-17, Odisha government wanted to complete two-laning of all the National Highways in the state. A decision in this regard was taken at a high-level meeting presided by Chief Minister Naveen Patnaik at the State Secretariat in Bhubaneswar on April 13.
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Rs 5,000 cr to convert AP roads into National Highways
The Union government on April 9 stated that it would invest Rs 5,000 crore towards conversion of 10,000 km of state roads into National Highways over the next three-five years. Minister of State for Road Transport and Highways Sarvey Sathyanarayana said in Delhi that the Centre is to spend about Rs 5,000 crore in a phased manner and will complete 10,000 km National Highways in Andhra Pradesh in the next 3-5 years.
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Highway construction reaches 15 km a day
Construction and expansion of national highways touched 15 km a day during 2012-13, registering an increase of over 4 km per day. Though this is much less than the government's commitment to construct 20 km per day, it has come as a relief to the Union Highways Ministry and National Highways Authority of India (NHAI) in light of very few projects on public-private-partnership (PPP) being bagged by highway developers.