Stung by the “abrupt and unilateral” walkout of the GMR Group from the 555-km-long Kishangarh-Udaipur-Ahmedabad National Highway project alleging delays in approvals, the ministry of road transport

NHAI likely to take ministry to SC today for ‘failing to comply with delinking order’

The tussle between the environment ministry and the National Highways Authority of India (NHAI) over who caused the alleged delays in approvals in highway projects came to a head on Tuesday with the NHAI threatening to take the ministry to the Supreme Court on Wednesday, accusing it of failure to comply with an earlier court directive to de-link forest and environmental clearances.

Joshi issues directive to speed up ongoing projects

With private players evincing little interest in taking up road projects, the Centre has scaled down targets for awarding National Highway projects for the current financial year by over 50 per cent. After a review meeting the Union Ministry of Road Transport and Highway has decided to award just about 4,600 km of roads during the current financial year. To make up for this Minister C. P. Joshi has issued directive to speed up ongoing projects, according to highly placed sources.

In what could bolster the confidence of lenders in highway projects, they may be given the facility of a charge on the receivables. Currently, the lenders have a lien on the escrow account where the receivables are deposited but they hardly get to exercise the right. From the escrow account, the sovereign dues are paid first, followed by the cost of operation and management and National Highways Authority of India (NHAI) premium. The banks are the last to get access to the account and the funds get exhausted before their turn.

The Central Government has included a proposal for construction of a 285-km-long two-lane alternative national highway to connect Barak Valley with Guwahati via Harangajao-Turuk and Nellie, in its

With development of road infrastructure taking a backseat in North Eastern States due to various reasons, the Centre has formulated a special purpose vehicle for improvement and construction of ove

Union Road Transport and Highways Minister C. P. Joshi on Sunday said the Centre would shortly sanction Rs.4,355 crore for construction of roads of the length of 1,302 km in Rajasthan after its recent decision for development of infrastructure through public-private partnership.

Dedicating three newly-built road underpasses at Vaishali Nagar here to the people, Mr. Joshi said 1,500-km-long roads to be added to the national highways would also be approved for the State, even as the construction of 1,243-km-long roads is in progress at a cost of Rs.10,720 crore.

New Delhi: The Haryana government is working out details of its ambitious plan to buy out the Delhi-Gurgaon Expressway from the private concessionaire as a way to end traffic jams on the toll plaza

Faced with an acute shortage in funds affecting the financial closure of some 50 major road projects, Indian highway builders have sought the government’s immediate intervention to allow them to ex

New Delhi: The problem of polluting commercial vehicles breaking down on Delhi roads will finally be addressed now.