NHAI has made plans to monetise about 46 highway stretches spanning 2,612 km length in 2023-24 via the InvIT and toll operate transfer (TOT) models. In addition to this, around half of the asset monetisation […]
The construction work on Lalkuan-Kanpur Road Widening Project (NH-91) is likely to be completed by 2024. Currently, 70 per cent of the work is completed on the project. The project involves the widening of the […]
The Ministry of Road Transport and Highways (MoRTH) has laid the foundation stone of various road projects in Assam. Foundation stone was laid for the projects which includes Daboka-Manja Four Laning Road Project (NH-29) Package […]
The Government of Uttar Pradesh (GoUP) has approved the proposal to construct Gorakhpur Elevated Road Project.The project involves construction of a 4 km long elevated road on Gorakhpur Bypass in Ayodhya at an estimated cost […]
The construction work on Dwarka-Okha Sea Bridge Project is likely to be completed by October 2023.The project, also known as the Signature Bridge, involves construction of four lane sea-link bridge of about 2.32 km, connecting […]
Asian Development Bank (ADB) and Government of India (GoI) have signed a loan agreement worth Rs 11.65 billion for three industrial clusters in Andhra Pradesh which includes widening of 13.8 km of Atchuthapuram – Anakapalli […]
About 25 per cent earthwork has been completed on the Ganga Six-Lane Expressway Project. The entire project is likely to be completed by December 2024. It involves construction of a 593.34 km long six lane […]
Singapore’s sovereign wealth fund, GIC, is currently evaluating an investment worth Rs 1.5 trillion in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by IRB Infrastructure Developers. The proposed investment will be used to […]
The Border Road Organization (BRO) has announced construction of Bundi-Garbiyang Tunnel Project on the Ghatiabagar-Lipulekh road in Uttarakhand. Currently, Altinok Consulting Engineering Inc. is conducting survey for the same. The project involves construction of tunnel […]
About 93 per cent of the construction work has been completed on the Mumbai Trans Harbour Link project. It is likely to be opened for public use by December 2023. The project involves construction of […]
The construction work on the Bengaluru-Chennai Eight Lane Expressway Project is expected to be completed by March 2024. The project is a 262-km long access-controlled expressway starting from Hoskote in Karnataka to Outer Ring Road […]
IL&FS has completed the transfer of its fifth road asset – Pune Sholapur Road Development Company Limited (PSRDCL) – to Roadstar Infra Investment Trust (InvIT) at a cost of Rs 20 billion, as part its […]
G R Infraprojects Limited has emerged as the lowest bidder (L1) for Package IV of Yamuna Bridge Four Lane Highway Project (NH-731A). The company has quoted an amount of Rs 7,371.7 million. Bids for the […]
PNC Infratech Limited has received a Provisional Completion Certificate (PCC) for Koilwar-Bhoipur stretch of the Patna-Buxar Four Laning Highway Project (NH-30 and NH-84) on April 18, 2023. Package II involves four laning of 43.85 km […]
The Government of Maharashtra (GoM) has planned to construct Pune-Karjat-Shirur Highway Project. The project involves construction of a 110 km highway connecting Pune city, Karjat and Shirur in two phases at an estimated cost of […]
About 90 per cent of construction work has been completed on Mumbai Trans Harbour Link (MTHL) Project. It is likely to open for public use by November 2023. The project involves construction of a six-lane […]
As per ICRA, the centre intends to accelerate the construction of roads in 2023-24 by 16-21 per cent to 12,000-12,500 km, with a healthy pipeline of projects and an increase in capital expenditure outlay. The […]
NKC Projects Private Limited has received LoA worth Rs 9,940.3 million for implementation of Package I of Varanasi-Ranchi-Kolkata Six Lane Highway Project. Bids for the same were invited by the NHAI in November 2022. The […]
The Ministry of Road Transport and Highways (MoRTH) announced the implementation of three new road projects worth Rs 154 billion in Maharashtra and Goa on March 30, 2023. These are the Kalamboli Junction Road Project […]
MoRTH, on April 1, 2023, approved the Rairangpur Two-Lane Bypass Project. The project involves the construction of a two-lane 8.472 km long bypass with paved shoulders on NH-220 in Rairangpur, Mayurbhanj district, Odisha, at an […]
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