National Highways Authority of India forms SPV to fund Delhi-Mumbai Expressway
The 1,300-km long Delhi-Mumbai greenfield expressways is one of the flagship projects of Bharatamala, India’s highways development program. The SPV has been registered under the name of ‘DME Development Ltd.’ and will be wholly owned by NHAI, a source told ET.
National Highways Authority of India eyes asset monetisation as TOT model skids
Singapore-based Cube Highways, which bagged TOT-3 bundle in N...
National Highways Authority of India: 23 expressways, new highways coming up by 2025
The National Highways Authority of India has set the tim...
Ashoka Buildcon climbs 7% on emerging as lowest bidder for NHAI projects in Bihar
The company has emerged as the lowest bidder (L-1) for NHAI projects including Package I and Package II. The aggregate quoted value of both the projects is Rs 1,390 crore, Ashoka Buildcon said in a release.
Chinese firm among contractors debarred by NHAI for faulty construction
The National Highways Authority of India (NHAI) has debarred five firms, including one from China, for faulty construction in West Bengal which led to a mishap resulting in two casualties.
Dilip Buildcon bags road project worth Rs 1,140.50 cr in Telangana
"The company has been declared as L-1 bidder in the tender floated by the National Highways Authority of India for the...project in the state of Telangana," the company said in a filing to the BSE. The company informed exchanges that the project is worth Rs 1,140.50 crore.
NHAI to collaborate with IITs, other institutes for improving highway infrastructure
"In its endeavour to provide world-class National Highways (NH) network, NHAI has approached all IITs, National Institutes of Technology (NITs) and reputed engineering colleges to collaborate and adopt nearby stretches of NH, on voluntary basis, as part of Institutional Social Responsibility (ISR)," NHAI said in a statement.
Execution of road projects likely to be in range of 9,000-9,200 km this fiscal: Icra
Icra noted that typically the fourth quarter (January-March) is the key working season for road contractors. However, a good part of March 2020 was lost on account of lockdown and restricted movement of goods and personnel in the run up to the lockdown.
Infrastructure company Cube Mobility secures Rs 3500 crore loan for ToT projects
Cube Highways had been awarded TOT- Bundle 3 Projects, consisting of 9 road stretches with 2,265 lane kilometers across four states in India.
Last leg of NH-34 four-laning project in Bengal to begin on Aug 31: NHAI
The final phase of four-laning of National Highway 34, which connects north Bengal with the southern parts of the state, is expected to begin on August 31, a senior official of the National Highways Authority of India (NHAI) said on Saturday.
Dilip Buildcon bags Rs 1,274 crore highway expansion project in Karnataka from NHAI
The project to widen a section of NH 648 falls under the Bharatmala Pariyojana.
Government constructs 3,181 km national highways in April-August, surpasses target
"Ministry of Road Transport and Highways (MoRTH) has surpassed its target for construction of National Highways in the country till the past weekend. During April to August this year, 3,181 kilometre NH length was constructed against the target of 2,771 km for this period," MoRTH said in a statement.
NHAI becomes first construction sector organisation to go 'fully digital'
With advance analytics, the 'Data Lake' software will forecast the delays, likely disputes and give advance alerts, thus expediting the decision making.
NHAI develops portal to track performance of developers, consultants
"Under this portal, the vendors are required to conduct a self-assessment and upload the documents related to the project activities being executed by them, on the portal. The submissions are reviewed at multiple levels by NHAI, based on which a vendor rating is generated," the Authority said in a statement.
NHAI to develop 57 stretches as model national highways
In order to exhibit the model stretches of national highways as per norms, NHAI plans to develop 57 stretches of NH (1,735 kms) across the length and breadth of the country near each state capital, the NHAI official said. These model stretches will serve as a platform to instruct the highway engineers.