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HIGHWAY BUILDER
Centre approves Rs 1,359 crore four-laning of the Nagaur-Bikaner stretch of NH-62 in RajasthanThe Centre has approved a Rs 1,359 crore project to four-lane the Nagaur-Bikaner stretch of National Highway-62 in Rajasthan. This developm...- NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
- Saudi Arabia is covered in sand, yet it imports millions of tons every year, and the reason lies in a tiny detail hidden in every grainSaudi Arabia imports sand from Australia for its massive construction projects. Desert sand is unsuitable for building concrete. River sand...
- Banks want arbitration restored for infra disputes above ₹10 croreBanks want arbitration back for big infrastructure disputes. They fear new rules will slow down payments and hurt sector funding. The gover...
- In 2018, workers building a major English highway uncovered giant Ice Age bones that revealed Britain sits on an ancient mammoth territoryA Cambridgeshire highway project crew unearthed massive Ice Age mammoth bones, revealing a prehistoric landscape. This significant find, un...
- Delhi Chakka Jam for three days: Check what could be affected in Noida, Gurugram, Ghaziabad, Faridabad and other NCR regionsDelhi Chakka Jam Today News: A three-day Chakka jam in Delhi-NCR has been called by transport unions starting May 21. During these three da...
- An 8-year-old boy stumbles upon a 1,700-year-old statue fragment during a visit to Ramon CraterAn eight-year-old boy on a rock-collecting trip in Israel's Ramon Crater stumbled upon a 1,700-year-old statuette fragment. The intricately...
- Why pop-up headlights are still the most iconic design feature in car cultureHidden headlights, once a symbol of automotive flair, are making a nostalgic comeback in car culture. These 'pop-up' lights, popular in the...
- Up to 100% hike likely on property registration value in Telangana; even higher hikes in many regions like Kokapet, Gandipet, Mokila, Gachibowli, Gopanpally and othersTelangana's Registration and Stamp department is set to significantly increase property registration values, with hikes ranging from 20% to...
- More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- NHBF seeks escalation support of 17-18% for National Highway projects to restore financial viabilityIn its submission to road transport and highways minister Nitin Gadkari, the National Highways Builders Federation said increase in input c...
- Highway builders oppose move to end arbitration in ₹10 crore-plus disputes, seek clarity from FM SitharamanThe National Highway Builders Federation (NHBF) has opposed the road transport ministry’s decision to end arbitration for disputes involvin...
- National Highway builders ask Finmin to clarify arbitration orderThe National Highway Builders Federation has urged the finance ministry to clarify its order ending arbitration for highway projects. The f...
- Highway builders want infra loans provision pared to 2%"By increasing the provisioning from 0.4% to 5%, project viability will be the biggest impediment as interest cost will increase which is t...
- Arbitration claims stump NHAI as it stares at Rs 18,000 crore payoutCurrently, around 180 arbitration cases are going on with claims of highway builders and concessionaires totalling nearly Rs 71,000 crore.
- Government looking at Chinese and Malaysian infrastructure companies to rescue highway projects“We want to get these projects started.... We are trying to gauge the interest of these companies in some of these projects, so we can floa...
- Government approves premium rescheduling for highway projectsThe government today approved a proposal for postponement of premium payments by highway developers and has referred the matter to a panel ...
- National Highways Authority reaches out to highway builders for smoother driveTop officials at the highway building authority are assuring developers of more pro-active action to tackle their projects stalled due to v...
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