Mumbai’s 29.2-km coastal road project — from Marine Lines to Kandivali — may have hit an environmental roadblock but the debate on whether the Rs 14,000-crore project is worth it goes on. Those in favour say the gains from higher productivity — two hours of daily travel time saved — can be as high as Rs 4,000 crore.
In a change from their previous stance, road developers are now keen to bid for road projects if tendered out on build-operate-transfer (BOT) basis, provided National Highway Authority of India (NHAI) puts them out basis viability and where expectation of traffic is high.
Investment, merger and acquisition (M&A) activity in the roads sector has picked up pace this year as foreign investors pump in millions of dollars to acquire operating roads and developers look to sell assets to pare debt.
Three Delhi Transport Corporation (DTC) staffers, including the driver, conductor and bus marshal are facing action after a video showed them with a girl dancing inside the bus.
India will soon join a handful of countries who have conducted trial runs of electric highways, with Highways Minister Nitin Gadkari informing the Lok Sabha that a 10-kilometre pilot project for the same will start on the Delhi-Mumbai expressway within the next two-three years, reports The Times Of India.
The New Rao Tula Ram (RTR) flyover opens on Tuesday, getting South Delhi closer to Gurugram and Indira Gandhi International Airport. Delhi Chief Minister Arvind Kejriwal will inaugurate the flyover that was lagging behind its schedule causing traffic jams on the stretch.
The government has revised the maximum speed limit for cars as well as buses on expressways, 4-lane carriageways and roads under the municipal corporation. According to the new norms, cars can do up to 120 kmph, while buses can attain a speed of 100 kmph on access control expressways.
Big infra boost from Modi Cabinet! Pradhan Mantri Gram Sadak Yojana-III gets nod; to connect major rural areas
Pradhan Mantri Gram Sadak Yojana: In a major developmental boost for road connectivity around villages, PM Modi-led Cabinet has approved the Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III).
Finance Minister Nirmala Sitharaman Friday announced a slew of steps to scale up India’s infrastructure including augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs. 80,250 crore and creating a national highways grid.
Union Minister for Road Transport and Highways Nitin Gadkari today said that the Bharatmala Pariyojna Phase-I was approved at an estimated outlay of Rs 5,35,000 Crore. A total of 24,800-kilometre length of National Highways have been considered in Phase-I as well as 10,000 km residual road works under NHDP.