After failing to get bids for over half of its highway projects last year, the National Highways Authority of India (NHAI) has decided to put up 19 highway projects worth Rs 23,805 crore for rebidding next month through a new short-listing process.
The statement by the Ministry of Road Transport and Highways (MoRTH) comes in the backdrop of collapse of under-construction Silkyara Tunnel in Uttarkashi on November 12.
The company also needs to get its power plants going if it wants to reduce its debt burden.
The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.
The death toll from cloudburst and flash flood-related incidents in Mandi, Himachal Pradesh has risen to 14, with a search underway for 31 missing individuals. Extensive damage to homes, infrastructure, and livestock has been reported across the district.
In what could be a shot in the arm for the National Highway Development Programme, the National Highway Authority of India is all set to receive a windfall of Rs 471 crore
Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.
According to a three-year-old article published in Lokmat, the bridge was in a terrible condition and the National Highways Authority who were aware of the condition did nothing to fix it.
"Land acquisition is the biggest issue. Now contracts will be awarded if 80 per cent of the land is acquired and is in possession of National Highway Authority of India," minister for road transport and highways Kamal Nath said during the Question Hour in the Lok Sabha. On members' complaints regarding 'very high' toll rates in public-private partnership projects, the minister defended the existing rates and said reduced toll would mean less roads.
Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.
Raut was responding to a reporter's question about opposition parties' claim that Gadkari was targeted through the Comptroller and Auditor General (CAG) report on alleged irregularities in the work done by the National Highway Authority of India (NHAI).
Heavy overnight rain in Gurugram caused widespread waterlogging and traffic gridlock, bringing the city to a standstill. Several residential areas and major roads were inundated, leading to commuter chaos.
This is the first time that highway projects awarded by the NHAI have failed to achieve financial closure.
Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.
According to senior officials of the National Highways Authority of India, this project is part of a larger 245-km highway development project connecting Hyderabad and Solapur.
While presenting the Union Budget 2021-22 in Parliament, the finance minister said poll-bound West Bengal will see highway projects worth Rs 25,000 crore. She also announced that highway projects worth Rs 65,000 crore will be undertaken in Kerala. She also announced an Rs 18,000-crore scheme to augment public transport in urban areas.
Consumption of cement, steel, and bitumen is to get a boost of Rs 42,000 crore (Rs 420 billion), as the National Highways Authority of India has announced to award 7,994 km of highway projects in the current financial year.
Toll booths may be kept 50 km apart for seamless travel
The National Highways Authority of India and the road transport ministry together have constructed 1,314 km of highways in the current financial year till August 31.
An old bridge across Kali river in Uttara Kannada district collapsed in the small hours of Wednesday, resulting in heavy traffic along National Highway 66, connecting Goa to Karnataka.
Security forces in Manipur have launched a major crackdown on the banned People's Liberation Army (PLA) following an ambush on an Assam Rifles convoy. Fifteen cadres have been arrested, including suspects directly involved in the attack. Investigations are underway to determine if the PLA has political patronage and if weapons looted during ethnic clashes are being used against security forces.
The implementation of this toll collection system, which will eventually eradicate toll booths, necessitates the fitting of an on-board unit (OBU) in every vehicle that can track a vehicle's location in real time.
The central government has finalised GPS-based toll collection to ensure seamless movement of vehicles across the country.
'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.'
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
The National Highways Authority of India on Wednesday said it needs to borrow up to Rs 20,000 crore (Rs 200 billion) per year for the next 15 years to implement Rs 9 lakh crore (Rs 9 trillion) worth of road projects in the PPP mode till 2031-32.
Security has been increased in Uttar Pradesh districts bordering Nepal following violent protests in Nepal over a ban on social media. Authorities are monitoring the situation and have increased patrols and surveillance.
The Delhi-Gurgaon Road witnessed traffic snarls on Tuesday after the authorities closed one carriageway and created a diversion for construction on the Dwarka Expressway.
Cabinet to take up proposal to extend operation & maintenance contracts from 9 to 29 years
To deal with the chaos at toll plazas arising out of the government's junking Rs 500 and Rs 1,000 notes, the government has suspended fee collection on all booths at National Highways till the midnight of November 11.
'If inner line permit was in place in Meghalaya, the details of the three people who allegedly murdered Raja would have been on record.'
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
Larsen & Toubro Ltd has secured a contract from National Highways Authority of India for constructing a six-lane dedicated flyover on National Highways No 1 (NH1) in Haryana at an estimated cost of Rs 418 crore.
Though some operators offer the facility of tag lanes, such tags can only be used at designated points.
The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
The minister expressed hope that toll operators will respond to his call positively. Earlier, Gadkari had asked NHAI to suspend toll on all national highways to ease transportation of essential goods and supplies.
'Some districts have said that areas which are away from the urban centres and where there have been minimal to zero Covid-19 cases may be exempted from the lockdown and construction activity should be allowed,' said a person in the know.
Machinery and manpower have been deployed, but stones falling from the hills are obstructing the road opening work, the officials said.