roads in india news
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Road builders can't take toll now, pay later
Mumbai :: India | 3 days ago
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GMR Infrastructure Ltd to collect toll now but pay the government later...Further, making change now in favour of the concessionaire (GMR) may affect other parties who did not participate in the tenders due to this clause," it added. March 26
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Farmers plan protest against road project
Mettupalayam :: India | 18 days ago
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The Tamizhaga Vivasaigal Sangham plans to organise a protest in two weeks against the proposed bypass road from Kangeyampalayam to Mettupalayam...Sivasamy told presspersons here on Tuesday that he was also seeking the support of political parties and
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Road Ministry asks NHAI to resolve row with developers
New Delhi :: India | 24 days ago
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Since its inception earlier this year, the committee has taken up seven cases of pending claims but is yet to resolve any of them, said ministry officials. At present, about 227 cases with 10,963 crore of developer dues are stuck under arbitration or
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Road ministry to consider NHAI-GMR proposal
New Delhi :: India | 1 month ago
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GMR who has agreed to certain conditions by the Authority to ensure they do not leave the project after the government approves the proposal. The ministry will now weigh the pros and cons of allowing back-loading of premium for all companies facing
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Highways may be toll-free until 6-laning is complete
Jaipur :: India | 1 month ago
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The Ministry of Road Transport and Highways has recommended to the Inter-Ministerial Group (IMG) that contractors should be put on a leash till they finish the job at hand. "After the scheduled completion, tolling may be allowed at rates as per the
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Road projects worth Rs 11000 cr may be re-bid
New Delhi :: India | 1 month ago
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Big-ticket highway projects worth Rs 11,000 crore, abandoned by infrastructure majors GMR and GVK, could end up being re-tendered as the finance ministry and the Planning Commission have strongly opposed a proposal by the Prime Minister's Office (PMO)
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Global PEs, funds eye stake in highway projects
New Delhi :: India | 2 months ago
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Several global funds and equity investors are making a beeline for investing in the highway sector, a move that will free up thousands of crores for Indian developers funds that were held up in the absence of a government decision to allow existing
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Ennore-Manali project will miss June 3-deadline
Chennai :: India | 3 months ago
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Conceived about a decade ago, the Rs.600-crore project was meant to clear the congestion woes of the port...Till date, the contractors have completed only 60 per cent of the project work...According to the sources, the road widening work for nearly 2.
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PMO steps in to get highways back on track
New Delhi :: India | 3 months ago
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The Prime Minister's Office has launched a rescue operation for India's flagging highway development programme which has seen few new projects taking off this year even as financially stressed developers have walked out of projects worth Rs 12,700
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PMO likely to approve special package for roads
New Delhi :: India | 3 months ago
Credibility
Government sources say that the meeting is likely to discuss the bottlenecks that have led to a slowdown in road projects and may work out an interim relief to projects that were awarded on premium to make them viable. "A large number of projects,
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