At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
Tag: NHAI
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Land acquisition and MOEF clearances have held up projects
Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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Logistics corridor likely in few years
The Ministry of Road Transport and Highways is starting a massive exercise to diagnose the deficiencies in the infrastructure and system. It will come up with solutions for seamless movement of big carriers or trailers on the highways that connect six-seven major ports such as JNPT in Mumbai, Kandla and Haldia, besides key manufacturing hubs.
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Six laning of Bengaluru-Chennai expressway
The revised final feasibility report for six laning of the Bengaluru-Chennai expressway is under preparation and the funds likely to be incurred on the project will be finalised after its completion.
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
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Move afoot to beef up logistics efficiency
In a bid to improve India´s road logistics, the Ministry of Road Transport & Highways (MoRTH) is implementing a Logistics Efficiency Enhancement Programme (LEEP)
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IL&FS receives TOC for Assam-19 Road Project
L&FS Engineering and Construction Company Ltd (IL&FS Engineering Services) has received a Taking-Over Certificate for substantial completion regarding Assam-19 Road Project from National Highways Authority of India (NHAI).
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Road projects: Concerns on 100% exit policy
The government´s plan to unlock Rs 4,500 crore equity from road projects seems to have hit a roadblock.
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Rs.100-crore project for faster cargo evacuation
In an initiative to ensure faster evacuation of cargo, Visakhapatnam Port Trust and National Highway Authority of India will take up Rs 100 crore port connectivity road widening project.