The Union government is trying to tie up Japanese funds for road projects in the North-East that had difficulty in attracting private sector investment in the past, sources in the government said.
Tag: Road projects
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Only 4 road projects need environment clearance: Govt
The Union Minister of State in the Ministry of Road Transport and Highways Sarvey Sathyanarayana has recently said in the Lok Sabha that there are only four road projects for which formal Environment Clearance are awaited.
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Govt cuts burden on BRO, takes back projects
To reduce the burden on Border Roads Organisation (BRO), the Union government has decided to take back several road projects from it and help it focus on border areas. BRO's prime task is developing and maintaining 'strategic roads' in border areas.
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Govt cuts burden on BRO, takes back projects
To reduce the burden on Border Roads Organisation (BRO), the Union government has decided to take back several road projects from it and help it focus on border areas. BRO's prime task is developing and maintaining 'strategic roads' in border areas.
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Sonia launches 50 road projects in Rae Bareli
Congress party president Sonia Gandhi has granted more than 50 road projects, bank branches, one FM station and a rail project to her Parliament constituency Rae Bareli. The rail project is to come up between Rae Bareli and Akbarpur. Only a week ago, Congress vice-president Rahul Gandhi inaugurated key railway projects in the constituency.
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Road construction becomes risky in north-east India
Due to security concerns and threats from local terrorist groups in the north eastern region of the country, private road developers are not very keen to take up road projects. The Union Road Ministry has made ambitious plans to improve road infrastructure, including an accelerated road development programme in the region.
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Panel to formulate guidelines for road projects
Only guidelines will be formulated by the Rangarajan panel, appointed by the Union government on the premium rescheduling of road projects. The task of implementing the guidelines rests with the National Highways Authority of India (NHAI), say sources in the government.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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WB loan for rural roads
The World Bank has approved a loan of $500 million loan for road projects in the backward areas in India. The World Bank loan will focus on three low-income states - Rajasthan, Bihar and Orissa - and on less developed regions in Karnataka and West Bengal. The National Highways Interconnectivity Improvement Project.