Govt boost for roads, 10% Coal India sale
Even as analysts say the country's investment cycle is poised for a gradual recovery after a long dormancy, the Modi government on Wednesday announced a raft of measures to catalyse the process: A...
View ArticleCentre to compensate road developers in case of delays
The government on Wednesday set the ball rolling to revive stalled highway projects by authorising the National Highways Authority of India (NHAI) to pay compensation to concessionaires in cases of...
View ArticleWith moves like Coal India stake sale and exports subsidy, Modi sarkar sets...
NEW DELHI: The government announced a spate of policy changes on Wednesday, maintaining the pace of its hectic reform drive after the Bihar elections. The Cabinet Committee on Economic Affairs (CCEA)...
View ArticleHighway developers party on dull Dalal Street; stocks have more upside
NEW DELHI: Roads and highways sector stocks have been witnessing a dream run in an otherwise lackluster market, with some of them gaining up to 80 per cent so far this calendar. Strong government...
View ArticleGovernment approves Cochin Shipyard IPO and 10% stake sale in Coal India
NEW DELHI: The government has approved 10% stake sale in Coal India and initial public offer of Cochin Shipyard, restarting the disinvestment programme that had been put on hold in a weak market. The...
View ArticleCCEA Moves Rapidly on Reforms: CII (CII - Confederation of Indian Industry)
(Source: CII - Confederation of Indian Industry) Stating that the Cabinet Committee on Economic Affairs has taken some timely decisions, Mr Sumit Mazumder, President, CII, said, 'The Cabinet decisions...
View ArticleModi government sets ball rolling, to reboot 34 stuck road plans worth Rs...
NEW DELHI: The government has allowed the National Highways Authority of India to compensate road developers for delays not attributable to them, potentially unlocking investment of nearly Rs 35,000...
View ArticleNHAI authorised for rationalised compensation for project delays
New Delhi, Nov 18 (IANS) The National Highways Authority of India was on Wednesday authorised to decide on rationalized compensation to concessionaires for delays not attributable to concessionaires...
View ArticleInfrastructure project budgets may exclude land cost for faster clearances
NEW DELHI: The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their...
View ArticleAuthorizing National Highways Authority of India (NHAI) for rationalized...
(Source: Ministry of Road Transport and Highways of the Republic of India) Press Information Bureau Government of India Ministry of Road Transport & Highways 18-November-2015 15:36 IST Authorizing...
View ArticleCabinet in overdrive, 27 decisions on Wednesday
New Delhi, Nov 18 (IANS) The union cabinet, headed by Prime Minister Narendra Modi, was in overdrive on Wednesday with as many as 27 decisions -- including some key ones such as divestment of equity in...
View ArticleSegregation of Civil Construction cost from capital cost of National Highways...
(Source: Ministry of Road Transport and Highways of the Republic of India) Press Information Bureau Government of India Ministry of Road Transport & Highways 18-November-2015 15:34 IST Segregation...
View ArticleGovt puts highway construction on fast track
Aiming to put construction of national highways on fast track, the Centre on Wednesday took two major decisions. The first being compensating developers in case of delays in highway projects and...
View ArticleModi government clears big-ticket projects worth 10,000 crore
NEW DELHI: In a spate of decisions underlining the government's reform drive, union cabinet has approved 10% stake sale in Coal India, initial public offer of Cochin Shipyards, and approved 3% interest...
View ArticleModi govt sets ball rolling, to reboot 34 stuck road plans worth Rs 35,000 crore
NEW DELHI: The Narendra Modi-led NDA government has set the ball rolling for reviving 34 stuck road projects worth at least Rs 35,000 crore. The government has authorised National Highways Authority of...
View ArticleCabinet approves 10% stake sale in CIL, 3% interest subvention to SME exporters
The Cabinet Committee on Economic Affairs on Wednesday approved a 10 per cent disinvestment in Coal India, the third government stake sale in the company's history. The government is expected to get...
View ArticleCCEA approves 10 per cent stake sale in CIL
The Cabinet Committee on Economic Affairs on Wednesday approved a 10 per cent disinvestment in Coal India, the third government stake sale in the company's history. The government is expected to get...
View ArticleMarket movers: Top 5 policy triggers government initiated in November
NEW DELHI: The Bihar election outcome was a big setback for the Modi government, but that didn't deter it from launching various policy-level initiatives to boost economic growth and revive investment...
View ArticleDecision to compensate developers likely to unlock Rs 35,000 crore of...
The government’s decision to authorise the National Highways Authority of India (NHAI) to compensate road developers for delays not attributable to them could potentially unlock investment of around Rs...
View ArticleInnovative Technology to drive India’s Infra story (CII - Confederation of...
(Source: CII - Confederation of Indian Industry) Mr. Nitin Gadkari, Hon'ble Union Minister for Road Transport & Highways and Shipping emphasized the importance of private sector in building India's...
View Article'NHAI's one-time fin plan may be rejected'
Lenders not ready for first charge provision Lenders are likely to reject National Highway Authority of India’s (NHAI) one-time financial assistance to revive and complete languishing national highway...
View ArticleProjects Under Ministry of Road Transport & Highways on Fast Track (Ministry...
(Source: Ministry of Road Transport and Highways of the Republic of India) Year Ender 2014/ Road Transport & Highways The Ministry of Road Transport and Highways has taken several new and...
View ArticleHighway projects get a push thanks to Malaysia
NEW DELHI: At a time when domestic private developers are hardly showing any interest to take up highway projects on public-private-partnership (PPP) mode, the Construction Industry Development Board...
View ArticleRajasthan govt confident of public-private partnership mode for projects...
JAIPUR: For strengthening its road infrastructure, Rajasthan government is leaning heavily on public-private partnership (PPP) mode. The state has already embarked on construction of 20,000 km under...
View ArticleStalled road project test - PC nod to re-negotiate contract but with riders...
New Delhi, Aug. 17: Finance minister P. Chidambaram has given the green signal for renegotiating a stalled highway project GMR threatened to quit, but with several conditions, in what is seen a test...
View ArticleInfrastructure investment needs to pickup: Official
New Delhi, Sep 23: Investment in infrastructure development needs to pickup for better asset creation and delivery of projects, a senior government official said Tuesday. According to R.P. Singh,...
View ArticleGurgaon toll bailout may cost government Rs 130 crore
NEW DELHI: Ministry of road transport and highways's proposal to take over Gurgaon Toll Plaza may cost Rs 130 crore to the government as the project's leading lender IDFC is believed to have decided...
View ArticleNHAI to appoint external auditor to investigate cases of loan discrepancy
The National Highways Authority of India has decided to appoint an external auditor to investigate cases where there are wide discrepancies between the NHAI-approved project cost and the bank loans...
View ArticleSector Watch: Road sector in for a smooth ride; KNR, Ashoka Buildcon to cruise
NEW DELHI: The road sector is in for better days, following a slew of modifications to regulatory framework by the government in recent days. It is believed that the amendments made to the model...
View ArticleCentre approves EPC mode for NH bypass widening
THIRUVANANTHAPURAM: The state's opposition to toll roads has almost made authorities shelve the road widening of Kazhakkoottam-Mukkola stretch of NH bypass. However, the national highway authority of...
View ArticleNHAI to assess risk before awarding projects
NEW DELHI: National Highways Authority of India (NHAI) has decided to carry out detailed risk assessment of each stretch for which the tenders would be floated....
View ArticleNHAI withdrawn from road project - Move after Assams delay in providing...
Jorhat, Feb. 14: The National Highway Authority of India has been withdrawn from four-laning of the Nagaon-Dibrugarh stretch of National Highway 37, purportedly because of Assams inordinate delay in...
View ArticleFour laning of Amravati-Chikhli, Chikhli-Fagne and Fagne-Gujarat/Maharashtra...
(Source: Ministry of Road Transport and Highways of the Republic of India) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for...
View ArticleNo smooth sailing for transport laws
The NDA government will have a daunting task addressing the several highway projects stuck owing to bottlenecks, and an increase in deaths due to road accidents. A white paper on the National Highway...
View ArticleCentral nod to four-laning of Cuttack-Angul road
BHUBANESWAR: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved four-laning of the Cuttack-Angul section of NH-42. There are over 50...
View Article"We find that environmental clearances are coming faster"
NHAI Chairman Raghav Chandra talks to The Hindu about the steps he is taking in curbing the incidence of inflated loans being given to developers, problems plaguing the road construction industry, and...
View ArticleReview of Highway Projects (Ministry of Road Transport and Highways of the...
(Source: Ministry of Road Transport and Highways of the Republic of India) Government has recently reviewed certain stalled highway projects under different phases of National Highways Development...
View ArticleNHAI blames Haryana for delay in 4-laning of Yamunanagar-Panchkula highway
NEW DELHI: The National Highways Authority of India (NHAI) has blamed Haryana for infrastructure major Gammon walking out of the 4-laning of Yamunanagar-Panchkula highway stretch of NH-73 on grounds of...
View ArticleUnion Cabinet approves three road projects worth over Rs 5,500 crore
NEW DELHI: The Union Cabinet on Wednesday cleared three highway projects - one each in Maharashtra, Uttar Pradesh and Haryana - costing over Rs 5,500 crore. These highway widening projects will be...
View ArticleGovernment to bridge road projects’ funding gap
Several stretches of national highway projects that are at least half built but are languishing for want of funds could soon be revived, with the National Highways Authority of India (NHAI) providing...
View ArticleRoad ministry woos Employees’ Provident Fund Organisation to invest in NHAI...
NEW DELHI: The money you've been setting aside for retirement may soon be deployed for building roads. The ministry of road transport and highways is wooing the Employees' Provident Fund Organisation...
View ArticleGovt. allows developers to exit road projects
The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the...
View ArticleShri Nitin Gadkari releases E-Books of Ministries of Road Transport &...
(Source: Ministry of Shipping of the Republic of India) The Union Minister of Road Transport, Highways & Shipping, Shri Nitin Gadkari, today released two E-Books on various developmental...
View ArticleGolden Quadrilateral highway project: UPA govt bent rules to help private sector
NEW DELHI: One of the greatest gifts of the NDA-I government was the 5,846-km Golden Quadrilateral (GQ), which connects the four big metros—Delhi, Mumbai, Chennai and Calcutta—via four-lane highways....
View ArticleCabinet approves project-exit policy for highways developers
New Delhi, May 13 (IANS) The government on Wednesday approved a project-exit policy for highway developers and also authorised the state-run National Highways Authority of India (NHAI) to intervene in...
View ArticleShri Nitin Gadkari releases E-Books of Ministries of Road Transport &...
(Source: Ministry of Road Transport and Highways of the Republic of India) The Union Minister of Road Transport, Highways & Shipping, Shri Nitin Gadkari, today released two E-Books on various...
View ArticleCCEA approves policy to give impetus to languishing projects
New Delhi, May 13: The Cabinet Committee on Economic Affairs (CCEA) has approved major policy initiatives aimed at improving the availability of equity in the market. The Committee has also authorized...
View ArticleFinal approval of selected sub-project approved by PPPAC for the development...
(Source: Ministry of Road Transport and Highways of the Republic of India) The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the...
View ArticleApproval for Permitting 100 percent equity divestment after two years of...
(Source: Ministry of Road Transport and Highways of the Republic of India) Press Information Bureau Government of India Ministry of Road Transport & Highways 13-May-2015 11:48 IST Approval for...
View ArticleGovernment Reviews National Highways Projects (Ministry of Road Transport and...
(Source: Ministry of Road Transport and Highways of the Republic of India) Press Information Bureau Government of India Ministry of Road Transport & Highways 10-December-2015 17:18 IST Government...
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