Highways

Highways News

Faulty project reports responsible for road accidents, says Union Minister Gadkari
India

Faulty project reports responsible for road accidents, says Union Minister Gadkari

Gadkari stressed that companies need proper training for preparing detailed project reports for construction of highways and other roads

Highways within 100 km of LoC, borders will not need green nod: Centre
India

Highways within 100 km of LoC, borders will not need green nod: Centre

Environmental activists had opposed the draft notification issued in April to exempt border projects from environmental clearance, saying it would cause environmental degradation in areas having a fragile ecology

The government is planning an electric highway between Delhi and Mumbai: Nitin Gadkari
Auto

The government is planning an electric highway between Delhi and Mumbai: Nitin Gadkari

Nitin Gadkari, the Union Minister for Road Transport & Highways in the Government of India announced that in order to boost India’s adoption of EVs, the Mumbai-Delhi highway will have electric highways. These highways will mainly be aimed at drivers with heavy cehickles.

Centre to ensure no toll plazas within 60 km of each other on national highways, says Nitin Gadkari
India

Centre to ensure no toll plazas within 60 km of each other on national highways, says Nitin Gadkari

The minister for road transport and highways said people residing near the toll plazas will be able to get passes with the use of Aadhar cards

Anand Mahindra proposes using solar panels on expressways
India

Anand Mahindra proposes using solar panels on expressways

The businessman was inspired and captivated by a video posted by climate change activist Mike Hudema showing solar panel-covered bike lanes in South Korea

Aim to reduce road accidents, resultant deaths by at least 50% before 2025, says Nitin Gadkari
India

Aim to reduce road accidents, resultant deaths by at least 50% before 2025, says Nitin Gadkari

The Union minister also praised Tamil Nadu for already having surpassed the goal, with a 53 percent fall in accidents in the state

ADB approves $177 mn loan to upgrade 450 km of state highways, major district roads in Maharashtra
Business

ADB approves $177 mn loan to upgrade 450 km of state highways, major district roads in Maharashtra

The Asian Development Bank (ADB) on Thursday signed a $177 million loan to upgrade 450 km of state highways and major district roads in Maharashtra

Union minister Nitin Gadkari claims coronavirus not natural and came 'from a laboratory': Report
India

Union minister Nitin Gadkari claims coronavirus not natural and came 'from a laboratory': Report

Nitin Gadkari was speaking in the aftermath of Finance Minister Nirmala Sitharman's announcements for small businesses.

Expect a financial package from govt in 2-3 days, situation 'very bad', says Nitin Gadkari to industry
Business

Expect a financial package from govt in 2-3 days, situation 'very bad', says Nitin Gadkari to industry

Nitin Gadkari said the government stands with the industry but it also needs to understand the government''s limitations.

Govt plans to construct highways worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Nitin Gadkari
Business

Govt plans to construct highways worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Nitin Gadkari

Gadkari informed that he has directed the ministry officials to finalise the auto scrapping policy quickly, and said it will go a long way in cost reduction.

Coronavirus Outbreak: Road developers to incur Rs 3,700 cr toll revenue losses in March-June, says CRISIL
Business

Coronavirus Outbreak: Road developers to incur Rs 3,700 cr toll revenue losses in March-June, says CRISIL

Highway developers and toll operators are likely to incur toll revenue losses of about Rs 3,700 crore during March-June this year, while NHAI will lose Rs 2,200 crore in toll fee, Crisil Research said on Thursday

Toll collections to see 13% drop due to nationwide lockdown; revival likely to be slow: CRISIL Research
Business

Toll collections to see 13% drop due to nationwide lockdown; revival likely to be slow: CRISIL Research

Over the long term - fiscals 2019-2024, CRISIL Research said it expects toll collections to bounce back to a healthier compound annual growth rate (CAGR) of 11-12% on the back of new road construction.

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector
Business

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector

Industry body FICCI on Tuesday suggested the government to resume operations of downstream industries like real estate and construction of roads and highways to minimise the impact of COVID-19 pandemic on the cement sector

Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025
Business

Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025

The task force on NIP has stressed the need for more private investment in highways and projected the total capital expenditure in road sector at Rs 20.33 lakh crore in fiscals 2020-2025

Shapoorji Pallonji Infra inks Rs 1,554 cr solar assets deal with KKR; to sell  317 MW operational assets in TN, Maharashtra
Business

Shapoorji Pallonji Infra inks Rs 1,554 cr solar assets deal with KKR; to sell 317 MW operational assets in TN, Maharashtra

Shapoorji Pallonji Group, based in Mumbai, operates in over 70 countries with a global turnover of over US$5 billion. SP Infra is the infrastructure development arm with assets and businesses in the renewable and gas-based power, highways, port and terminals in India and overseas.

Pipeline or pipe dream? Nirmala Sitharaman's Public-Private Partnership talk in Union Budget 2020-21 needs a big reality check
Business

Pipeline or pipe dream? Nirmala Sitharaman's Public-Private Partnership talk in Union Budget 2020-21 needs a big reality check

When the hype ebbs on the longest Indian budget speech at 160 minutes, questions remain on both quantitative numbers and the administrative detail of the qualitative plans outlined

Three expressways/green corridors to be completed in 3 years; 22 to be built at Rs 3 lakh cr: Nitin Gadkari
Business

Three expressways/green corridors to be completed in 3 years; 22 to be built at Rs 3 lakh cr: Nitin Gadkari

The government plans to complete three of the 22 expressways and green corridors in the next three years, including the flagship Delhi Mumbai Expressway being built at a new alignment, Union minister Nitin Gadkari has said

Budget 2020: Expect Bharatmala, highways programme allocation to rise to Rs 1.01 lakh cr, says ICRA
Business

Budget 2020: Expect Bharatmala, highways programme allocation to rise to Rs 1.01 lakh cr, says ICRA

The road network itself is undergoing significant changes with some of the economic corridors under Bharatmala competing with few existing stretches,

President Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
Business

President Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham

Sri Lankan President Gotabaya Rajapaksa's visit to India has the potential to impart momentum to bilateral trade and investment ties while leveraging huge geo-cultural commonalities between the two nations, Assocham said on Friday

Govt chalks out plan for Rs 100-lakh cr investment in infrastructure over 5 years: Piyush Goyal
Business

Govt chalks out plan for Rs 100-lakh cr investment in infrastructure over 5 years: Piyush Goyal

The Centre has chalked out a plan envisaging an investment of Rs 100 lakh crore in the infrastructure sector over the next five years, Union Minister Piyush Goyal said on Wednesday