Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.
Tag: NHAI
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Budget Analysis: Thumbs up … well, almost
The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.
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Look what's not moved: The Bill on the biggest immovable
Political expediency seems to be hijacking our land acquisition laws. On the one hand, Uttar Pradesh and Gujarat have declared that acquisition can only occur by consent, and the Land Acquisition Act will not be invoked.
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EPC: Who should be responsible for our projects?
Although, arguably, the best method for an infrastructure project, Engineering Procurement and Contract (EPC) is still being debated for loopholes in accountability.
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East-West corridor UP stretch to be ready by June
According to National Highways Authority of India (NHAI), work on the 653 km stretch of the East-West corridor project in UP will be completed by June this year.
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NHAI, UKTI signs agreement
National Highways Authority of India (NHAI) and the United Kingdom Trade and Investment (UKTI) have entered into an agreement on cooperation for trade and investment in the roads and highways sector in India.
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NHAI's new financial plan
The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market.
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NHAI awards 100 projects by March
National Highways Authority of India (NHAI) has finalised awarding of 100 projects in the fourth quarter of 2010-11.