A pleasant surprise awaits thousands of techies who take the elevated highway to Electronic City in Bengaluru from July 1 they will not have to shell out extra money as toll fee. Contrary to the customary 6-7 per cent annual hike in toll fee, there will be a downward revision this year for users of the elevated highway that connects Central Silk Board Junction with the Electronic City Junction on the Bengaluru-Hosur stretch.
Tag: NHAI
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Site clearance for NH bypass nearing completion
The site clearance for the widening of the National Highway-66 bypass stretch from Mukkola to Karode in the Kerala-Tamil Nadu border is nearing completion. The removal of trees, vegetation and other waste materials along the 16.5-km stretch is ´70 per cent complete´, thereby paving way for the development of the second reach of the bypass.
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NHAI gets green nod for Rs.1,246-cr UP road project
National Highways Authority of India (NHAI) has received environment clearance for updgrading the 146-km long carriageway of Kanpur (Chakeri) to Allahabad section of NH-2 in Uttar Pradesh at a cost of Rs.1,246 crore.
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We envisage a barrier-free tolling system
NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastructure, however, is huge. Within this, NPCI plays the role of a payments utility. We are like a utility to the banks wherein we facilitate over 25 million payments transactions daily.
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Highways Min eyes ´masala´ bonds to fund road projects
The Road Transport and Highways Ministry and its road building arm, NHAI, are weighing the option of raising money through ´masala bonds´ as road construction activity gathers pace.
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NHAI awards Rs.2,640 cr road projects in Gujarat
To connect important religious and tourist places in Gujarat, four road projects worth Rs.2,640 crore have been awarded, NHAI has said. ´Two hundred and fifty six km long Bhavnagar to Somnath section of NH-8E (New NH-51) is an important link to connect religious
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Rs.2,000-cr corpus for better road design
To curb accidents on national highways, the Centre will launch a new scheme ´Pradhan Mantri Surakshit Sadak Yojana´ to get rid of black spots on highways.
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Guj to get Rs.2 lakh cr for infra | Gadkari
Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said.
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Funds raised by NHAI
The government has permitted borrowing of Rs.59.279 crore by NHAI during 2016-17 as IEBR. NHAI plans to raise Rs.5,000 crore through capital gains bonds and `50,000 crore through taxable bonds or other similar instruments
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The road to safety
With a population of over a billion people, it's no surprise that fatalities from road accidents in India amount to little more than just statistics. Sometimes, though, a single death makes a difference and plunges an entire nation into grief.