Highway Construction News

Industry

National highway construction hits record 31.87 km per day in December

The road ministry had fixed a construction target of around 16,420 kilometres for 2018-19

1 min read10 Jan 2019
Companies

Crisil lowers execution forecast for NHAI projects for FY19

Crisil estimates around 800 km of execution is at risk this fiscal because many hybrid annuity model (HAM) projects are still awaiting appointed dates seven months after they were awarded

1 min read22 Nov 2018
Industry

Govt aiming for 40km of highway construction every day: Nitin Gadkari

New highway projects under Bharatmala are expected to be with new alignments that would shorten distances and reduce travel time, said transport minister Nitin Gadkari

1 min read4 Apr 2018
Opinion

Hitting the highway construction target

It would be prudent to facilitate more private sector funding of greenfield build, operate and transfer projects

3 min read4 Apr 2018
Industry

Govt approves construction of Zoji La tunnel to connect Leh and Srinagar

Zoji La tunnel from Srinagar will provide year-round connectivity for the Indian Army to Leh that remains cut off from the rest of the country for six months in a year

2 min read4 Jan 2018
Industry

Cabinet approves Rs7 trillion road construction plan, including Bharatmala

The road construction push includes the Bharatmala Pariyojana with a Rs5.35 trillion outlay for 34,800km, NHAI to spend Rs1.57 trillion for 48,877km of roads

2 min read24 Oct 2017
Industry

Govt’s push for highway projects likely to benefit road developers

The govt in its Union budget announced an allocation of Rs64,900 crore for the construction of national highways for 2017-18, up from Rs58,000 crore for 2016-17

2 min read20 Feb 2017
Politics

Road ministry receives 55 cases since rollout of the amended arbitration scheme

Amended arbitration scheme receives a good response as 55 claims worth Rs493.53 crore were submitted to the road ministry within a month of its implementation

1 min read17 Jan 2017
Market

Market roundup | Jefferies’ activity index slows

In other news, highways construction way behind target and remittances to Mexico jump by most in 10 years

1 min read5 Jan 2017
Industry

Land belonging to religious body can be acquired for public purpose: Allahabad HC

Allahabad HC directs Church of North India Association and NHAI to 'work out modality' for 'demolition or shifting' of a church for a six-lane road construction

2 min read24 Dec 2016
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