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GREENFIELD HIGHWAYS TARGET
Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFIDIndia requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budget...- Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 croreThe Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka E...
- A Rs 20 lakh crore plan could shake up the Delhi-NCR property marketDelhi-NCR's property market faces affordability challenges, prompting the ambitious NCR Regional Plan 2041. This plan aims to reshape the r...
- Delhi NCR’s next growth story: Four new cities planned as population expected to doubleFour new "Namo Cities" will be developed across the NCR with Rs 5,000 crore in central assistance over five years. The existing NCR boundar...
- India clears path for big funds to bid directly for road projectsIndia has opened the door for pension and sovereign wealth funds to directly bid on greenfield toll-road projects, aiming to boost private ...
- No more fixed highway targets, states can prioritise projectsThe Ministry of Road Transport and Highways is shifting its strategy by collaborating with states on floating targets for highway construct...
- Govt targets creation of 10,000 km of National Highways for 2025-26, lowest in seven yearsThe government aims to construct 10,000 km of national highways in 2025-26, the lowest target in seven years. The road transport ministry t...
- Awarding of contracts for national highway construction in slow lane in H1: ReportA new Vision 2047 may replace Bharatmala Phase 2, bringing in a flurry of greenfield projects in the sector, which have higher capital inte...
- Nitin Gadkari reviews progress of greenfield expressways, access controlled highwaysAccording to an official statement, Gadkari directed that stringent monitoring of the target dates of award of projects and scheduled dates...
- NIP task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh crore by 2025"Approximately 18 per cent of the Rs 111 lakh crore investment targeted over fiscals 2020-25 is expected to be made in the roads sector - t...
- Finance Ministry's rule change may hit 1,000 km road projectsAs a norm, any PPP project costing over Rs 2,000 crore is sent to the PPP Appraisal Committee and then to the Cabinet for its nod. However,...
- Norm change may hit 1,000 km road projectsThe finance ministry’s decision to treat highway projects as a single entity that cannot be divided into small packages could impact award ...
- NHAI plans Rs 3.10 lakh crore expressways by FY25Among the corridors NHAI proposes to build are—Ahmedabad-Dholera, Delhi-Amritsar-Katra, Chennai-Bengaluru, Kanpur-Lucknow, Bangalore Ring R...
- Bharatmala 2.0 to focus on expressways, add 4000 km greenfield roadsSome of the identified greenfield highways include Patna-Rourkela, Jhansi-Raipur, Solapur-Belgaum, Bengaluru-Kadappa-Vijayawada, Gorakhpur-...
- Road ministry plans Delhi-Mumbai expresswayGiving details of the work done by his ministry in the financial year just gone by, Gadkari said about 9,830 km of national highways were b...
- Road transport and highways ministry seeks 50 per cent more funds for next yearThe official also said the ministry would raise money through National Highways Authority of India (NHAI) bonds as well. However, the amoun...
- NHAI may raise Rs 5,000 crore more from EPFO via bondsThe EPFO has already subscribed to NHAI bonds worth Rs 5,000 crore for a period of 25 years at 8.03% interest.
- Rising cost of land a major roadblock in national highway expansionUnder the new land acquisition law, the government has to pay twice the price of land in urban areas and four times the price of land in ru...
- Progress on roadsThings are looking up in roads and highways, facing a huge investment backlog.
- By 2022, govt to lay 18,637km of expresswaysThe government has drawn up an ambitious target to lay 18,637km network of brand new expressways by 2022.
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