Minister of State for Road Transport and Highways Sarvey Sathyanarayana informed Lok Sabha that the entire length of Golden Quadrilateral (GQ) has been completed, except 110 metre. The North - South and East - West Corridor has also been completed, except 636 km under implementation and 372 km to be
Tag: Road
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Govt mops up over Rs 190 bn via duty on fuel
Union Minister of State for Petroleum & Natural Gas Panabaaka Lakshmi informed the Rajya Sabha that the total amount collected from Additional Excise Duty during 2012-13 (Provisional) is 19,333 crore. Lakshmi said that the amounts collected during 2011-12 and 2010-11 are Rs 18,428 crore and Rs 16,979 crore respectively
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NHAI, IL&FS ink deal on Rs 16.6 bn road project
National Highways Authority of India (NHAI) signed concession agreement with IL&FS Transportation for a Rs 1,665 crore road project in Jharkhand and West Bengal. The contract involves six-laning of Barwa-Adda-Panagarh section of national highway (NH 2) and it would be executed by Barwa-Adda Expressway, a subsidiary of IL&FS Transportation
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Govt may revamp MCA for road projects
Unconfirmed reports indicate that the government would revamp the model concession agreements (MCAs) for public private partnership (PPP) projects in the highway sector. It may be noted that the existing MCAs have outlived their utility and there are no provisions for addressing emerging problems in many such projects. The
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ILFS arm signs pact with NHAI
According to a filing with the stock exchange, IL&FS Transportation Networks signed a Concession Agreement with National Highways Authority of India (NHAI) for four laning of Khed - Sinnar Section of NH-50 under Phase IV B in Maharashtra. The firm would execute the project on DBF
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GMR to cut debt via sale of road assets
In order to reduce its debt, GMR Infrastructure is in the process of offloading stake in some of its toll road projects. The company is reportedly in talks with potential investors such as Morgan Stanley Infrastructure Fund, Citigroup Venture Capital, SBI Macquarie and ICICI Venture to raise about Rs 1,800 crore through the stake sale
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Chamber wants construction of flyovers at Kochi
Kerala government must begin construction of the proposed flyovers at Edappally and Vyttila in Kochi, Kerala Chamber of Commerce and Industry demanded. The proposed flyovers would mitigate traffic congestion in the National Highway and facilitate trade and commerce activities in Kochi, the chamber said. The chamber called for the construction of Kundannoor flyover on a priority-basis. The ‘Portal Frame Flyover’ model sugg
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Authorities choose wrong roads for repair
Some reports criticised the Chennai Municipal Corporation and the state government for making wrong choice of roads for repair projects. Residents complain that the civic body chose good roads for repair projects while neglecting poor quality roads for such projects. For example, the civic body chose Gandhi Nagar that already has good roads and pavements
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Andhra CM clears Rs 12 bn worth road projects
Andhra Pradesh Chief Minister N Kiran Kumar Reddy cleared Rs 1,200 crore worth road projects in and around Hyderabad at a recent official-level meeting. The Rs 1,200 crore project involves development of 16 radial roads with a combined length of 195 km to connect the inner ring road and outer ring road in the city
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Govt to upgrade roads under PMGSY phase II
The union government decided to upgrade the roads already built for village connectivity under the Pradhan Mantri Gramin Sadak Yojna (PMGSY) phase I. The roads would be upgraded under the phase II of the ambitious scheme. Meanwhile, the centre will continue the pending work on the phase I of PMGSY. The union cabinet recently cleared the plan of the Rural Development Minister Jairam Ramesh to introduce the