A default notice has been issued to Pink City Expressway company, the developer of Gurgaon-Jaipur highway, by the National Highways Authority of India (NHAI) for not completing the work in time and poor maintenance even after the end of the 60-day deadline for remedial measures.
Tag: NHAI
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The travails of motorists on Jaipur-Gurgoan highway
According to media reports and public complaints, the under construction flyovers on the 240 km Jaipur-Gurgoan highway have turned a nightmare to motorists. The highway has flyovers under construction every third km. NHAI charges around Re 1/km, about Rs 240 as toll. And this is going for the last so many years and the highway is getting worse, especially developing numerous potholes in this rainy season.
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NHAI to cancel three highway projects
Media reports say that the National Highways Authority of India (NHAI) Board on August 22 has decided to cancel three highway projects of PNC Infra, C&C Construction and Era Infrastructure. Sources concerned said that the developers had not paid the performance guarantee amount after winning the projects and that is why the Board has decided to cancel the highway projects. These developers would lose their bid security, which is one per cent of total project cost.
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13 govt firms allowed to raise Rs 48,00 cr via bonds
To facilitate infrastructure needs of public sector institutions the Union government has permitted 13 such institutions to raise Rs 48,000 crore via tax free bonds in 2013-14. With this the government, for the first time, has allowed sovereign wealth funds (SWFs) in the private placement segment of these bonds.
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13 govt firms allowed to raise Rs 48,00 cr via bonds
To facilitate infrastructure needs of public sector institutions the Union government has permitted 13 such institutions to raise Rs 48,000 crore via tax free bonds in 2013-14. With this the government, for the first time, has allowed sovereign wealth funds (SWFs) in the private placement segment of these bonds.
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Land Acquisition for National Highway Projects
A large number of National Highway Projects have been stucked due to land acquisition issues. This issue are taken up by NHAI from time to time in consultation with the State Governments by holding regular meetings for expediting the acquisition of land besides taking action.
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Minister examines progress of road projects at Guwahati
Vijay Chhibber, Secretary, Road Transport & Highways held a meeting at Guwahati on August 1, 2013 with the officers representing various agencies in the Region, viz. the state PWDs, BRO (Border Roads Organisation) and NHAI (National Highways Authority of India) to review the road projects in North East region. This was in line with the focused approach of the government towards improving the road infrastructure in partic
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NHAI circulates list
Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects.
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ChPT seeks NHAI’s assistance in road project
Chennai Port Trust (ChPT) has reportedly approached National Highways Authority of India (NHAI) to facilitate the reclamation of a stretch of land to carry out the Ennore-Manali Road Improvement Project (EMRIP). The project has been stranded for several months because fishermen refuse to provide a portion of land which passes through Kasimedu Fishing
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NHAI circulates qualification list of road developers
Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects. The National Highways Authority of India (NHAI) has recently circulated the annual qualification list for 2013 for 61 bidders, including five for which the results were withheld primarily for some