The Border Roads Organization (BRO) would focus on repairing and restore the damaged highways in areas badly-affected by flood in Uttarakhand. After reviewing the damage caused to roads, including the strategic ones being built along the border with China, in the flash floods in Uttarakhand, Defence Minister AK Antony asked the BRO to carry out their repairs within the earliest possible time-frame
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Kerala govt encourages coastal shipping
Kerala Minister for Ports K Babu highlighted the efforts being taken by the state government to promote inland water transport and coastal shipping. In order to ferry cargo from ports to the hinterland through inland waterways, the Kerala State Maritime Development Corporation had signed an agreement to charter a ship. In the first phase, the transport of cargo would be taken up in the Kollam-Kochi section and the state gove
Uttarakhand crisis presents opportunity for infra and construction firms
While the government is still assessing the funding requirement for restoring the basic infrastructure like roads and bridges in the flood-hit Uttarakhand, some reports suggest an upward of Rs 10,000 crore may be needed. The worst-affected districts of Rudraprayag, Chamoli, Uttarkashi and Pithoragarh may need at least Rs 10,000 crore for reconstruction of damaged roads and brid
Land ports to be developed jointly by Bangladesh, India
In order to ensure cost-efficiency and expeditious trading between the two countries, India and Bangladesh decided to develop their land ports. This decision was taken at a recent meeting of the Joint Working Group. Officials from both the countries held the 8th meeting of the India-Bangladesh Joint Working Group on Trade. As part of this plan, India will spend Rs 4.67 bn to develop seven import tax stations at Agartala, Petrapole, Dhok
World Bank sign $216 mn loan pact for Kerala projects
World Bank signed a $216 million loan agreement with the Government of India and the Government of Kerala for the second Kerala State Transport Project. The loan agreement was signed by Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of Government of India and Onno Ruhl, Country Director, World Bank (India) on behalf of the World Bank
Goa’s Cavelossim locals demand 8 m wide bypass road
In Goa's Cavelossim village, the gram sabha unanimously adopted a resolution that the width of the proposed bypass road from near the under-construction Assolna-Cavelossim bridge to Xirro, Carmona, should not be more that 8 m, instead of 30 m that the villagers claimed to have been planned. Gram sabha members pointed out that the 30 m wide road would result in the village losing its rural character and insisted that the width of the road should be restricted to a maximum of 8 m.
IL&FS arm signs pact for highway projects
In a communication to the stock exchange, IL&FS Transportation Networks said it signed Concession Agreements with the concerned authorities for the following projects: (i) Kiratpur Ner Chowk section of NH 21 of 90.175 km in Punjab and Himachal Pradesh. (ii) Beawar Gomti section of NH 8 of 88 km of the total 116 km (capacity augmentation) in Rajasthan. (iii) Sikar Bikaner section of NH 11 of 237.57 km in the Rajasthan
Panel to clear highway projects less than Rs 5 bn
Highway projects worth costing less than Rs 500 crore may be approved by the Standing Finance Committee chaired by the union road transport and highways secretary. A proposal to this effect was approved by the Cabinet Committee on Economic Affairs (CCEA) recently. A statement released by CCEA said the committee will clear all p
Kerala govt to take up Rs100 bn road projects
The Kerala state cabinet cleared the proposed road or flyover projects across the state under an ambitious Rs 10,000-crore programme. The state government would create a Road Development Fund Board to undertake the projects. The board would implement the projects by taking loan, which would be guaranteed by the state government
Industry wants CCI to meet more frequently
Industry players and analysts feel that the Cabinet Committee on Investment (CCI)must increase the frequency of its meeting in order to resolve issues in pending infrastructure project. The panel has met only five times in the last six months of its existence and its diktats have pertained largely to public sector investments, though a few proc