Work on the Rs 2,000 crore coastal corridor project to link Vallarpadam with Kozhikode in Kerala began with the state Chief Minister Oommen Chandy inaugurating it recently. The corridor is expected to bring about tremendous development to the coastal belt and it involves upgradation of the existing Tipu Sultan Road
Tag: Road
Post
Post
Andhra govt may seek Rs 10 bn aid from World Bank for road project
The Andhra Pradesh government would soon approach the World Bank for financial assistance for its road upgradation projects in various parts of the state, especially in rural areas. The state government plans to seek a Rs 1,000-crore credit line from the World Bank once the proposal receives approval from the state cabinet
Post
Foundation laid for widening work of Jandiali-Kohara road
Foundation for widening work on road leading from Jandiali to Kohara in Punjab was laid by the State PWD Minister Sharanjit Singh Dhillon on April 11. This road will serve as a bypass to the people of Dhanansu, Bhudewal, Mehlon and Paharuwal, and their distance to Sahnewal town will be cut short by several kilometres. A total of Rs 2 crore will be spent on this bypass road and it will be completed in three months.
Post
Cabinet clears Rs 46 bn worth highway projects
The Rs 2,686 crore Jabalpur-Bhopal road widening project in Madhya Pradesh received the approval of the Cabinet Committee for Economic Affairs recently. The 294-km road project would be taken up on a build-operate-transfer – (BOT-toll) basis. This means the project developer will invest in widening the road and collect toll revenues over the concession period. This is one of the four road widening projects involving a total of 471 km of highways and cumulatively worth Rs 4,61
Post
Plan panel differs on powers of the proposed road regulator
Recently, an inter-ministerial meeting was held for the first time to discuss the proposal to set up a regulator for the road sector. The meeting was attended by the officials from the finance ministry, the law ministry and the National Highways Authority of India (NHAI). During the meeting, Planning Commission expressed strong reservations over giving the proposed regul
Post
Govt to upgrade 5 roads via PPP model
Haryana government would adopt Public Private Partnership (PPP) model to develop five major roads in the state, the state Industries and Public Works Minister Randeep Singh Surjewala said. The five roads identified for the project are Bahalgarh chowk Meerut-Sonepat road, Panipat-Sonali Road SH-16, Kond-Moonak-Salwan-Assandh road till MDR border, Palwal- Aligarh Road and Karnal-Meerut Road, he said after inaug
Post
Consortium may lend Rs 7 bn to Dighi Port
A consortium of banks led by Bank of India would reportedly lend Rs 700 crore for the infrastructure project proposed to be carried out by Vijay Kalantri-promoted Dighi Port. The project, which is estimated to cost Rs 1,000 crore, includes setting up a new berth and road and rail infrastructure at the port. The remaining cost would be met by the promoters, reports indicate
Post
Govt project may upgrade connectivity to ICTT
Kerala government's plan to construct Azheekode Munambam Bridge and a coastal corridor from Vallarpadam to Kozhikode via Ponnani may benefit International Container Transshipment Terminal (ICTT) at Vallarpadam, reports suggest. The present congestion on National Highway (NH) 17 will be reduced once this corridor becomes a reality. The proposed bridge and the corridor may enable smo
Post
World Bank agrees to lend Rs 11.6 bn for transport project
The Rs 2,403 crore second phase of the Kerala State Transport Project (KSTP) received partial funding from the World Bank. The multilateral lending agency signed a loan agreement with the Department of Economic Affairs to make available Rs 1,166 crore for the project. Under the second phase, the Kerala government would develop 367 km of state highways spread over eight
Post
NHAI wants CAG to advise on changing concession agreement
National Highways Authority of India (NHAI) has sought advice from the Comptroller and Auditor General (CAG) on how to modify the concession agreement for the stalled project to widen the Kishangarh-Udaipur-Ahmedabad highway to six lanes. NHAI Chairman RP Singh wrote a letter to CAG Vinod Rai asking the latter to deliberate on modification of th