This includes doubling the Bhagalpur-Dumka-Rampurhat rail line and cutting travel time on the Mokama-Munger highway to just 90 minutes. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major infrastructure projects in eastern India—one road and one rail—under the PM-Gati Shakti National Master Plan. Together, the projects are...
Tag: Road
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RAHSTA Forum to kick off road and highway expo journey
This event will mark the second curtain raiser for the 14th RAHSTA Expo Mumbai, August 27, 2024 – The RAHSTA Forum 2024 is set to take place on August 30, 2024, at Hotel Sahara Star in Mumbai. This event will mark the second curtain raiser for the 14th RAHSTA Expo, scheduled for October 9 and 10,...
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Road construction industry to launch RAHSTA Expo 2024
14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo – India’s biggest road exhibition – will be held as a part 10th India Construction Festival 2024 at Jio Convention Centre, Mumbai, from October 9-10, 2024. 14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo – India’s biggest road exhibition – will be held...
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Road Contracts awarded drop to less than half!
As per CW reports up to January 2024, only 3,481 kms have been awarded Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the...
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Opinion: Connect missing dots in Indian infrastructure sector for faster recovery
In the months to come, India can undoubtedly pick a few lessons from China and with appropriate
improvisations lead the way to making policy changes that bring in a radical change in the ease of doing
business as well as supplying its domestic needs and international demands. By DR. POORNIMA
ADVANI
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Paving the Way
The road construction companies are eying 20 per cent growth through this fiscal. With this, a plethora of opportunities have opened up for road equipment industry.
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The Union Budget has a progressive outlook
The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.
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Sagarmala to save up to Rs.40,000 cr/year in costs
The government´s ambitious push to port-led development under the Sagarmala project will help in saving as much as Rs.40,000 crore annually in logistics costs by 2025.
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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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Chennai Port takes up projects worth Rs.200 cr
The Chennai Port Trust has taken up six projects at a cost of over Rs.200 crore to strengthen its capacities and to brace up for competition from neighbouring ports.