Roads and Bridges

The government plans to fast-track the construction of national highways including high-speed access-controlled highways by 2037 to enhance efficiency and reduce logistic costs. The plan is in line with the Centre’s goal of becoming a […]

Mumbai Metropolitan Region Development Authority (MMRDA) has received approval for Mumbai-Pune-MTHL Interchange (Chirle) Elevated Road Project (NH-348, NH-48). The completion period of the project is 30 months. The project involves construction of 7.35 km long […]

A total of 10 firms have been shortlisted as financially qualified for implementation of package III of Vapi-Bodeli Four Laning Road Project (NH-56). These include Adani Enterprises Limited, Dilip Buildcon Limited, Dineshchandra R. Agrawal Infracon […]

India’s toll collection on national highways exceeded Rs 500 billion by end January 2024, reaching Rs 532.89 billion. This increase is attributed to the expansion of tolled roads and the continuous addition of new FASTag […]

The initial public offering (IPO) of Bharat Highways InvIT, an infrastructure investment trust, saw a subscription of 37 per cent on its first day of offer. The sale received bids for 3,83,46,450 units against 10,30,12,800 […]

CDPQ and Cube Highways are among the bidders showing interest in acquiring the National Investment and Infrastructure Fund’s (NIIF) inaugural roads portfolio. The portfolio comprises five road projects and is expected to be valued at […]

The central government has inaugurated various road projects in several states. Projects inaugurated in Odisha include Rimuli-Koida Stretch of Rimuli-Koida-Rajamunda Four Laning Road Project (NH-520), Birmitrapur-Brahmani Bypass stretch, Brahmani Bypass End-Rajamunda stretch of Birmitrapur-Barkote Four-Two […]

Ashoka Buildcon is poised to divest a portfolio of 11 roads to Sekura, an infrastructure platform under Edelweiss Infrastructure Yield Plus fund, for an equity value estimated at around Rs 22 billion -Rs 23 billion […]

Few of the top asset reconstruction companies (ARCs), including global fund JC Flowers ARC and Varde Partners-backed Aditya Birla ARC, are participating in Swiss auctions initiated by lenders for three road projects which include Pink […]

The MoRTH has approved an outlay of Rs. 17.42 billion for the construction of the four-lane N. Kawnpui (N.Mualvum) – Sairang section on NH-6 in Mizoram. Spanning 24.41 km, the project will be executed under […]

Rajinder Infrastructure Private Limited received Letter of Award (LoA) for implementation of Tamenglong-Muhur Two Laning Road Project (Package VII) on January 22, 2024. Bids for the same were issued by the NHIDCL in September 2023. […]

The Centre has inaugurated several key national highway projects in Odisha, including a 79 km four-lane road between Baharagora and Singhara on NH-49, valued at Rs 12.03 billion, and a 78 km six-lane road from […]

The MoRTH is considering to extend the defect liability period under EPC contracts from the current five years to ten years. This move aims to enhance the quality of construction in road projects. Extending the […]

NHAI has achieved a significant milestone with its asset monetisation programme surpassing Rs 1 trillion. This latest accomplishment involved raising a record concession value of Rs 156.24 billion via InvIT Round-3, monetising 10 stretches spanning […]

The KKR-backed Highway Infrastructure Trust has acquired 12 road projects from PNC Infratech and PNC Infra Holdings. The enterprise value stands at Rs 90.05 billion, making this one of the most substantial acquisitions in the […]

Larsen & Toubro Limited (L&T) has received the letter of award (LoA) for the implementation of the Palashbari-Sualkuchi Four Lane Extradosed PSC Bridge Project (Assam Bridge Project-II (ABP-II)). The project involves the construction of a […]

MoRTH has presented a proposal to the central government seeking special approval for a greenfield bypass project in Ayodhya and its neighbouring areas. Valued at Rs 35.7 billion, the 68 km bypass project aims to […]

The construction work on the JP Ganga Path from Gaighat to Deedarganj is likely to be completed by June 2024. Moreover, work on the 3.4 km long Gaighati-Kangan Ghat four lane road is expected to […]

The central government has marked a significant milestone by laying the foundation stone for nine national highway projects in Jabalpur district, Madhya Pradesh. The collective investment for these projects stands at Rs 23.67 billion. The […]

The Ministry of Road Transport and Highways’ (MoRTH’s) budget outlay rose by 2.8 per cent to Rs 2.78 trillion in 2024-25 (budget estimate (BE) from Rs 2.7 trillion in 2023-24 (BE). As per the revised […]