How many of you love hitting the road rather than taking the conventional, overcrowded train, or the boring, clinical flight? The smell of fresh air hitting your face with increasing velocities as you steadily climb through the revs on your vehicle is truly a different experience altogether.
An Indo-Pacific trilateral infrastructure forum has been launched here to find new, creative and efficient ways of leveraging the power of the private sector in India, the US and Japan to fill the massive gap in infrastructure and connectivity in the region.
If Richard Branson has his way in India, hyperloop travel could turn out to be cheaper than a flight ticket. Virgin Hyperloop One, the futuristic transportation company backed by the British tycoon, wants to build a network of high-speed pods that can carry people and cargo across India.
Reliance Infrastructure (RInfra) on Monday said its board has approved raising up to Rs 3,000 crore by issuance of equity shares to its existing shareholders or qualified institutional investors to bolster long-term resources.
Only last month the Union Road Transport and Highways Ministry had announced the building of a Super Expressway between Mumbai and Delhi. A dream come true for road trip enthusiasts, this super expressway is expected to reduce travel time between the two cities by half, covering 1,410 km in less than 12 hours!
Smaller Projects, Hybrid Annuity Model Make Infrastructure More Viable; Smaller Firms Grab Lion’s Share In Current Fiscal
With changes in how the National Highways Authority of India (NHAI) and its parent body Ministry of Road Transport and Highways (MoRTH) give out projects, the infrastructure sector has gathered momentum. The biggest beneficiary post the changes are however not the well established infrastructure majors but relatively smaller firms.
Work on building a road tunnel across the Zoji La Pass, providing the Kashmir Valley with all-weather access to Ladkah, a strategically important border region, will begin May 19.
Prime Minister Narendra Modi would lay the foundation stone of Rs 939.41 crore semi-ring road project here during his visit to Jammu and Kashmir on May 19, officials said today.
The Supreme Court today directed the National Highways Authority of India (NHAI) to throw open the Eastern Peripheral Expressway for the public by May 31, asking why were they “waiting” for its inauguration by the Prime Minister.
Shares of Welspun Enterprises have moved higher by 13% to Rs 174 per share on the BSE after the company said it has emerged as the lowest bidder (L1) for a National Highways Authority of India (NHAI) project in the state of Tamil Nadu.