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BHARATMALA PROJECT TENDERS
Gadkari expresses dismay over officials' inadequate response to CAG on Dwarka Expressway, asks to fix responsibilityThe Union Road Transport and Highways Minister, Nitin Gadkari, has expressed his displeasure at certain officials' inadequate response to t...
Land acquisition, flyovers and tunnels raised Bharatmala cost: OfficialThe cost of highway projects under India's Bharatmala programme has risen above initial estimates due to the construction of wider highways...
Government saved 12 per cent in construction cost in awarding Dwarka Expressway project, says road ministry sourcesAccording to reports, the Comptroller and Auditor General (CAG) had found that the National Highways Authority of India's (NHAI) decision t...
Modi govt's 'corruption' in infra projects taking nation on 'highway to hell', says KhargeCongress president Mallikarjun Kharge has accused the Modi government of corruption in infrastructure projects, citing a report from the Co...
CAG audit flags huge cost overruns in Dwarka Expressway projectThe National Highways Authority of India (NHAI)'s decision to opt for elevated carriageway on the Haryana portion of the expressway has pus...
CAG flags irregularities in Bharatmala project tendersAccording to the CAG, significant changes made in the scope of projects and cost estimates as well as richer project specifications adopted...
Modi govt’s road dreams may take a backseat on cash flow and debt issuesHigh cost inflation for road projects, cash flow challenges for road EPC companies and elevated debt levels for NHAI mean that road awards ...
Smallcap stock jumps 10% on winning Rs 780 crore orderThe project is for a six-laning of 16-kilometre access-controlled Greenfield highway from Audireddipalle to Mallapalle, Bengaluru-Vijayawad...
Adani Enterprises arm gets LoA for highway project in MaharashtraIn a regulatory filing, Adani Enterprises said its wholly-owned subsidiary Adani Road Transport Ltd (ARTL) recently participated in the ten...
Dilip Buildcon emerges lowest bidder for road projects in Tamil Nadu, Puducherry"The company has been declared as L-1 bidder for the tenders floated by the National Highways Authority of India (NHAI)... in the state of ...
Adani Enterprises wins Rs 1,838-cr highway project from NHAI in Kerala"Adani Group is pleased to announce the award of another hybrid annuity road project from NHAI. AEL has recently participated in tender iss...
Dilip Buildcon bags Rs 861 crore road project in ChhattisgarhThe project entails four-laning of Pathrapali-Kathghora "Pkg-II of Bilaspur-Kathghora section of NH-111 new NH-130 in the state of Chhattis...
Adani forays into road infra, wins Rs 1,140 crore road project in ChhattisgarhThe statement said AEL is focused on incubating successful businesses to address the country's growing appetite for energy and infrastructu...
Breakneck pace of India road awards may set Rs 1 lakh crore recordOrders from the NHAI may cross Rs 1 lakh crore ($15.3 bn) in the 12 months through March, climbing from Rs 60,000 crore a year ago, a resea...
Except for one to two bids, every bid we have got is very competitive: Deepak Kumar, NHAI“One or two states may be exception, but in general we are getting good response.”
All projects that are being tendered now are for Bharatmala: Deepak Kumar, NHAI“This year, we have borrowed around Rs 30,000 crore from the EPFO, LIC among others.”
'Road projects involving Rs 50,000 crore to come up in Uttarakhand by 2019'The Union road transport and highways minister has also reviewed the progress of the all weather road projects, Namami Gange programme and ...
Invest in NHAI bonds with 7.5% coupon rates: Nitin Gadkari to workersGadkari said his ministry will soon begin work on Rs 7.5 -lakh-crore highway projects under Bharatmala.
Most of Rs 7-lakh crore road projects to be awarded by December 2018: Nitin GadkariThe government yesterday approved a mega plan to build 83,677 km of highways by March 2022 at a cost of about Rs 7 lakh crore, which includ...
Eight highways in Gujarat to be upgraded at Rs 12,000 crore: PM Modi"Eight highways in Gujarat, totaling 1,200 km, will be converted into National Highways at an investment of Rs 12,000 crore," he said.