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.
Tag: NHAI
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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 IndiaĆĀ“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 governmentĆĀ“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.
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Egis India working on over 60 infra projects
The global perception that it is not easy to do business in India due to the ĆĀ“license rajĆĀ“ is changing as the present government is playing an active role in this regard, says Nicolas Jachiet, Chairman & CEO, Egis Group.
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NHAI to issue tax free infrastructure bonds
Government has allowed National Highways Authority of India (NHAI) to issue Tax Free Infrastructure Bonds aggregating to Rs 24,000 crore and Capital Gain Tax Exemption Bonds aggregating to Rs 4,000 crore in the financial year 2015-16.
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Hybrid annuity model for PPP projects
The hybrid annuity model announced by the Government that proposes to reduce risks in public private partnership format is likely to provide impetus for the next wave of PPP road projects, said ICRA.