Jharkhand state cabinet is accused of approving two mega projects in road and power transmission sectors without engaging the finance department of the state government. The cabinet is said to have cleared a proposal from the road department for construction of the Rs 3,000 crore Ranchi-Bokaro Expressway. Also, it is said to have appr
Tag: Road
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NHAI to secure land, nod before starting road projects
In view of delay in several road projects owing to land acquisition issues, National Highways Authority of India (NHAI) henceforth decided to start road projects only after acquiring substantial land. The authority would also ensure that environmental clearance is in place before starting projects. Through this move, NHAI wants to ensure that once a project starts on ground there is no brake and the objective is timely com
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Bankers to lend Rs 8.3 bn for Rs 11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karn
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Assam road project gets $320 mn loan from World Bank
World Bank agreed to lend $320-million for improvement and development of some of the roads in Assam
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Infrascape 2012 | Finance: Brewing strain on debt servicing
For us the most active and fruitful sectors in 2011 were road and power sector. These sectors comÂprise a majority of our portÂfolio. I understand that even in case of commercial banks these two sectors form the majority of their infrastruÂcture loan book,
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L&T JV to implement Rs 360 cr road project
To build a 25.5 km road that would connect Ennore port and Kattupalli port, L&T Ship Building is likely to form a joint venture with Ennore Port and the Tamilnadu Industrial Development Corporation (TIDCO).
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Cost-effective road technology from IPPL
India Polyroads (IPPL) has introduced high quality polymer stabilisation products that make road construction more cost effective and time saving.
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Tunnels to cut Jammu-Srinagar travel time by 5 hr
High speed travel from Jammu to Srinagar by road, even during harsh winter or at the height of monsoon, is possible due to building of two twin tunnels on the NH-1A.
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K'taka inks $350 mn loan deal
Karnataka Government has signed an agreement last month with the Centre and World Bank for securing $350 million loan assistance for implementing roads development under K-SHIP-II project.
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VGF for unviable roads under BOT
In the midst of widespread protests and growing concerns as to the extent to which 'viable', toll-based road projects can work under PPP.