Highways

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Highways - Total results - 77
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

Highway projects worth Rs 15 lakh cr ready to be offered in next 5 years: Union Minister VK Singh
Business

Highway projects worth Rs 15 lakh cr ready to be offered in next 5 years: Union Minister VK Singh

Union Minister VK Singh on Wednesday said infrastructure sector could play a mega role in bolstering the economy and the government is ready with a basket of highway projects worth Rs 15 lakh crore to be offered in next five years

Union Budget 2019: Govt should hike public sector spending; incentivise private cos for new projects, says ICRA
Business

Union Budget 2019: Govt should hike public sector spending; incentivise private cos for new projects, says ICRA

The government should increase public sector spending and provide incentives to private companies for starting new projects, rating agency Icra said in its pre-budget comments

'Will work with full strength to increase job opportunities in MSME sector', says Nitin Gadkari
Business

'Will work with full strength to increase job opportunities in MSME sector', says Nitin Gadkari

Gadkari, who has also been given charge of the Ministry of Road Transport and Highways, said that he has set a new target of laying 40 kms of road everyday over the next one-and-a-half years.

Narendra Modi to lay foundation stones for National Highway projects worth Rs 5,010 cr in Tamil Nadu tomorrow
India

Narendra Modi to lay foundation stones for National Highway projects worth Rs 5,010 cr in Tamil Nadu tomorrow

Modi will also lay the foundation stone for six-laning of 36-km long Karaipettai-Walajapet section of NH-48 (old NH-4) in Kanchipuram and Vellore districts.

Bumpy ride for national highways
India

Bumpy ride for national highways

Poor quality of construction, overloaded vehicles, lack of oversight coming in the way of building a strong expansion

Union Budget 2019: FM Piyush Goyal says India is fastest highway developer in world with 27 km of roads built every day
India

Union Budget 2019: FM Piyush Goyal says India is fastest highway developer in world with 27 km of roads built every day

Crediting the government for rolling out stuck projects like Eastern Peripheral Expressway to decongest Delhi and Bogibeel Bridge in Assam, Piyush Goyal said India also witnessed container movement on waterways