Minister of Road Transport & Highways Nitin Gadkari has said that the government is committed to reduce the number of road accidents by 50 per cent in the next two years and is employing various measures to achieve this objective.
Tag: NHAI
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INFRASTRUCTURE CONCLAVE 2016 – ACCELERATED GROWTH WITH INCLUSION AND EQUITY
Roads, Ports & Other Infrastructure Committee and Hydrocarbons Committee of PHD Chamber of Commerce & Industry organised the “Infrastructure Conclave 2016 – Accelerated Growth with Inclusion & Equity” on 5th October 2016 at PHD House, New Delhi which was attended by more than 130 delegates and 27 speakers from Industry, government and other stakeholders during the full day event.
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Policies of the present government are excellent
The regulatory regime primarily includes the government, whether it is the federal or state government. Then there is another dimension to this regime: consultants, who too play an important role. However, the role of consultants has got marginalised under the present circumstances.
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Competition Picks Up in HAM
Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.
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Roads To Recovery
The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
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G Infra bags Rs.400-cr project from NHAI
G Infra has bagged a Rs.400 crore project from National Highways Authority of India (NHAI) for two-laning a road connecting two highways in Rajasthan. ´The 62 km long Tonk-Sawaimadhopur section would be executed on EPC mode and completed in two years from the date of commencement of the project,´ the Ministry of Road Transport and Highways said in a statement.
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Bids open for underpass project in Gurgaon
In a major fillip for infrastructure development on the Delhi-Gurgaon Expressway, the National Highways Authority of India (NHAI) has opened financial bids for the construction of three crucial underpasses on the highway.
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Awareness creation is the biggest challenge
Currently, the demand is much less than the supply. We all have an installed capacity, but are not able to sort of utilise that fully because the demand still has to pick up locally.
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NHAI awards contract for 2-laning of NH-116
The National Highways Authority of India (NHAI) has issued a letter of award (LoA) for two-laning of the Tonk-Sawai Madhopur section of NH-116 in Rajasthan under the National Highways Development Programme (NHDP) Phase-IV.
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Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.