The 2014 election manifesto released by the BJP on 7 April has made development of infrastructure the prime focus and seeks to dedicate the entire decade for its enhancement in the country. The
Sadbhav Engineering Ltd has been declared the successful bidder in respect of the bid invited by National Highways Authority of India (Ministry of Road Transport and Highways) for the
Supreme Infrastructure has bagged three orders aggregating Rs. 617.7 crore for various construction works in Maharashtra and Bihar, a company statement said.
After the finance ministry allowed rescheduling of premium owed by road developers, atleast five have reportedly made rounds at National Highways Authority (NHAI) seeking to reschedule their
A new construction and development model for languishing highways sector is soon to be rolled out. The new model proposes to make build and operate road projects cheaper, particularly the ones
According to industry experts, liquidity constraints, approval delays and the lingering economic slowdown have dissuaded developers to take up large infrastructure and road projects on PPP basis,
National Highways Authority of India (NHAI) has been asked by the Madhya Pradesh High Court to submit a status report on the condition of national highways across Madhya Pradesh in a week's
With the model code of conduct coming into action the fate of some large road projects awarded by the UPA-II government is likely to fall on the next Government. This is because some developers will
IRB Infrastructure Developers takes the lead to take advantage of the Rangarajan formula adopted by the government. It has approached the NHAI to reschedule its premium payments in case of two
The private contractor who was given the contract to four-lane the 102-km stretch of the Ambala-Yamunanagar national highway (NH-73) has opted out of the project saying inordinate delays in
Given the poor response and road developers backing out of crucial road projects, the government has decided to include ’Economic Stress’ as a clause along with political fallout, indirect political fallout and
The government has sought the Election Commission's nod for the Cabinet to clear crucial highway projects as the model code come into force. The government wants to clear additional funds of Rs
IRB Infrastructure Developers Ltd (IRB), said that it has started construction work on the Goa/Karnataka Border to Kundapur highway Project. The project is being implemented on BOT basis.
In the first half of 2014, about 36 infrastructure construction companies were pre-qualified by the National Highways Authority of India (NHAI) to directly participate in financial bidding for highway
The union ministry for road transport and highways on roads and highway had received the proposals for declaration of more than 64000 Kms. of state roads as national highways from various state