RailTel has announced the availability of a high speed free Wi-Fi internet facility at 6,100 railway stations across the country. The milestone of 6,100 stations with Wi-Fi coverage was reached with the commissioning of a […]
MoRTH has announced the construction of the Chirner-Uran-JNPT-Chowk National Highway Project. The project involves the construction of a 32 km long road connecting Chirner via Uran-JNPT-Chowk to the Goa-Mumbai highway, Mumbai-Pune Expressway and Mumbai-Pune old […]
The NHAI is set to receive an advance payment of a little more than Rs 62.67 billion from the toll-operate-transfer (TOT) route for the 135 km long Eastern Peripheral Expressway (EPE) project in Delhi-NCR. The […]
Megha Engineering and Infrastructure Limited (MEIL) received the letter of award (LoA) worth Rs 7,786.1 million for the implementation of Package II of the Madanapalle-Kalur Four Laning Road Project (NH-71) on March 29, 2022. Package […]
The Ministry of Road Transport and Highways (MoRTH) approved the implementation of the Odisha Capital Region Ring Road Project on April 6, 2022. The project involves the construction of a 111.2 km long six-lane ring […]
Actis is at an advanced stage of discussions to acquire six road assets from Welspun Enterprises Limited for an enterprise value of Rs 80 billion-Rs 100 billion. The road assets for sale by the BK […]
Acknowledging NHAI’s massive debt burden of Rs 3.38 trillion, the finance ministry has provided it with no additional borrowing capacity in financial year 2023 budget. Rather than financing the enormous plan of road construction, the […]
The Andhra Pradesh government is aiming to construct another new route connecting Rayalaseema and Vijayawada. From Giddaluru in Prakasam district of Greater Rayalaseema to Vinukonda in Guntur district, a new road will be constructed. NHAI […]
G.R. Infraprojects has completed the construction of a four-lane NH-56 bypass in Uttar Pradesh. The company managed to complete the projects almost two months earlier than the scheduled completion date of March 2022. The scope […]
The expert appraisal committee (EAC) of the Ministry of Environment, Forest and Climate Change has recommended grant of terms of reference (ToR) for the Ganga four-lane expressway project (Phase I). The project involves the construction […]
H.G. Infra Engineering has been selected as the L-1 bidder for the National Highways Authority of India’s (NHAI) road project in Karnataka. The project involves six-laning of the Neelmangala-Tumkur stretch, including the Tumkur bypass section […]
The Union Budget 2022 indicated that as part of the Pradhan Mantri Gati Shakti master plan, the Government of India will expand the national highway network by 25,000 km in 2022-23, with a budget allocation […]
Actis, the Canada Pension Plan Investment Board (CPPIB) and Cube Highways, a road operator backed by I Squared Capital, are in the final stages of negotiations to buy Peak Infrastructure, a portfolio of operating road […]
MoRTH has sanctioned funds for various road projects in different states. The Mulakalacheruvu-Madanapalle two/four-laning road project involves rehabilitation and upgradation from two lanes to two/four lanes with a paved shoulder of the Mulakalacheruvu to Madanapalle […]
The National Highways Authority of India (NHAI) is planning to raise Rs 30 billion through another infrastructure investment trust (InvIT), which is likely to come up for subscription in January 2022. This InvIT is likely […]
Dilip Buildcon Limited (DBL) has announced that it has obtained a letter of award for an order for Rs 26.83 billion from South Eastern Coalfield Limited (SECL), a subsidiary of Coal India Limited. The order […]
The Government of Odisha inaugurated the Gopinathpur Bridge Project in Odisha on December 20, 2021. The project involved the construction of a 3.4 km long T-shaped bridge over Mahanadi river at Gopinathpur in Cuttack district […]
The government intends to simplify taxation in the roads and highways sector by allowing developers to pay taxes over the course of a project’s concession period rather than all at once. In the case of […]
The government has set up a National Broadband Mission (NBM) directorate to keep track of the national broadband expansion target. To this end, a central dashboard will be created on the DoT portal. The NBM […]
Considering telcos’ request for more time to test their 5G networks, DoT has extended the validity of the 5G trials licence granted to Reliance Jio, Vodafone Idea (Vi) and Bharti Airtel for another six months. […]
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