Venture Highway raises Rs 560 crore for second fund
The maiden fund, whose corpus has not been disclosed, was anchored by Sood and Neeraj Arora, the former chief business officer at VOIP platform WhatsApp.
LNG pumps being planned along golden quadrilateral
State-run GAIL is putting together a plan and persuading all possible participants – city ...
Over 5000 vehicles stranded as JK highway remains shut
On Monday, heavy rains triggered shooting of stones in Moumpassi, Digdole and Panthiya...
Highways may be ranked on safety, mobility
During the assessment of highways, NHAI will look at the duration of traffic jams on highway stretches, the way-side amenities available and tow-away facilities in case of vehicle breakdown. Depending on the observations from the exercise, changes and improved practices will be incorporated in the design stage itself.
Mandatory FASTag rule relaxed for 65 toll plazas on National Highways citing high cash transactions
This comes after NHAI raised ‘concerns’ regarding high cash transactions at 65 identified toll plazas in the country. Around 535 toll plazas under NHAI have been equipped with ETC infrastructure, and barring 65 of these, the remaining toll plazas have to mandatorily convert all lanes barring one in each direction into FASTag lanes January 15 onwards.
NHAI wants tighter land norms for nod to highway projects
The National Highways Authority of India (NHAI) won’t issue work order for highway projects under the public private partnership (PPP) mode unless it has 90% of the land is in its possession and without obtaining all statutory clearances.
Make decisions faster, get rid of non-performers, Gadkari tells officials
“Our goal is to make good quality roads in the least time possible and reduce the cost of construction,” Gadkari said at the National Highways Excellence Award 2019 event here on Tuesday. “I am after my Secretary (road transport and highways) to give me a list of unproductive people,” Gadkari said.
Watch: Srinagar- Jammu NH closed due to snowfall
Srinagar- Jammu National Highway remained closed due to snowfall on January 16. Several heavy vehicles remained stranded due to closure of 2...
Will stick to EPC in road projects for now: Nitin Gadkari
“We will do more of EPC projects at the moment,” Gadkari told ET in a brief interaction. With the ministry’s priority being monetisation of assets, engineering, procurement, construction (EPC) — which is entirely funded by the government —is the preferred mode of project award, Nitin Gadkari said.
Government begins drive to remove speed breakers on National Highways
While the authority has already mandated implementation of FASTag on toll plazas and conversion of cash toll lanes to FASTag lanes, the speed breakers or rumble strips constructed at toll plazas are being removed with immediate effect for smooth vehicular movement.
Major study to be instituted to upgrade 6,000 km of National Highways to global standards
The Narendra Modi-led government has decided to institute a major study into over 6,000 km of national highways which covers over a dozen states, including the North-South and East-West corridors, to upgrade them to “global standards”.
Microsoft selects 54 tech startups in its Unicorn hunt
The startups, selected from Gujarat, Maharashtra, Rajasthan, Kerala and Telangana, out of 530 applications, will win Azure credits and a host of benefits.
Now, cash recharge option for FASTags
The government will roll out the option of cash recharge for FASTags to accelerate its adoption.
NHAI eyes law tweaks to form land banks
NHAI plans to seek amendments in the National Highways Act to acquire more land to create land banks.
Transactions via FASTag at highway tolls more than double in December
About 6.4 crore transactions FASTag transactions worth Rs.1256 crore was processed in December as against 3.4 crore transactions worth Rs.774 crore in November, the latest National Payments Corporation of India (NPCI) data released on Wednesday showed. A total of three crore 3.1 crore transactions worth Rs.703 crore in October was processed.
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