While activity in the highway segment has been slow, the bid pipeline saw recovery in January 2024, and awards are expected to improve in Q4FY24. The national highway (NH) bid pipeline has recovered from a low of Rs 15,900 crore in December 2023 to Rs 68,400 crore at present. The NHAI's pipeline stands at Rs 66,100 crore, with hybrid annuity model (HAM), build operate transfer (BOT) and engineering procurement and construction (EPC) projects accounting for 60 per cent, 29 per cent and 13 per cent share, respectively.
"These are simple rules, but their observance makes a lot of difference to our daily lives," he said.
The time taken in land acquisition has been drastically brought down to 12 months from 24 months earlier.
Punjab Police thwarted farmers' attempt to go to Chandigarh on the Samyukta Kisan Morcha's call for a week-long dharna beginning Wednesday, as multiple checkpoints were set up across the state and security stepped up at all entry points of the Union Territory.
The bench comprising Chief Justice Ravi S Dhavan and Justice Shashank Kumar Singh was hearing a PIL filed by an advocate, M P Gupta, alleging that the future of the Golden Quadrilateral Project was in danger.
The Centre's ambitious Rs 6-trillion National Monetisation Pipeline (NMP) could fall short of yearly targets for the current fiscal year (FY22) and the next one as well (FY23), partly due to the long gestation period in monetising big-ticket railway infrastructure, Business Standard has learnt from sources in the finance and rail ministries. Officials say the major chunk of railway monetisation will happen from FY24 onwards because leasing some of the infrastructure, like stadiums and dedicated freight corridor, will not happen anytime soon. Rail infra is expected to be the second-biggest contributor to the NMP, with about Rs 1.52 trillion worth of assets to be monetised.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
Anil Dhirubhai Ambani Group company Reliance Energy Ltd on Thursday announced it has bagged three road projects valued at Rs 2,320 crore (Rs 23.2 billion) from National Highways Authority of India.
"We have received various representations over the new eligibility criteria which enables foreign bidders to score higher than Indian bidders. This, in the long run, may lead to a major chunk of infrastructure projects being bagged by foreign companies. To ensure a level playing field, we are considering whether an additional weight of 30 to 33 per cent should be given for projects developed or constructed in India," a senior government source said.
After the Ladakh fiasco where Xi Jinping did not expect the Indian Army to resist his land-grabbing tactics, he has to save face before his colleagues in the Communist party.' To bring the threat of a mega-dam to the northern Indian border is a clever move, observes Claude Arpi.
The Golden Quadrilateral project connecting the four metros -- Delhi, Mumbai, Kolkota and Chennai would be completed by the end of 2004, Union Minister of State for Road Transport and National Highways Shripad Naik said.
Prime Minister Narendra Modi on Sunday accused Delhi's Aam Aadmi Party government of wasting a decade fighting with the Centre and urged its people to give the Bharatiya Janata Party an opportunity to turn the national capital into a city of the future.
There were no potholes on the road where cricketer Rishabh Pant's car met with a near-fatal accident, a National Highways Authority of India official said on Monday.
Locals hold gradual land subsidence responsible for the fissures and attribute it to the widening of the national highway, violation of norms in construction works related to mandi parishad, erosion caused by the Pindar river and unsystematic flushing out of rainwater.
This restoration, according to the officials, is seen as a crucial step towards initiating a healing process, reinstating constitutional rights and safeguarding the unique identity of the region's residents.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
The move, if accepted, will help resolve nearly one-third of the 1,200 cases on payments pending in various courts in the country.
Delhi's air quality deteriorated significantly on Monday, with areas like Dwarka, Mundka and Najafgarh recording an AQI of 500, the worst this season. The city's overall AQI reached 491, triggering the implementation of the Graded Response Action Plan (GRAP) Stage-IV restrictions in Delhi-NCR. Doctors warned of health risks, urging people to wear N95 masks and avoid outdoor activities. The Supreme Court questioned the Delhi government on its anti-pollution measures and warned against scaling down preventive measures without its permission. Delhi Chief Minister Atishi accused the BJP-led central government of political maneuvering while neglecting stubble burning in states it governs. Meanwhile, the city enforced stricter pollution control measures, including a ban on truck entry and suspension of construction activities. Air purifier sales surged, reflecting the public's concern over the severe air pollution.
'Probably revised guidelines will come, and then the real picture will emerge.'
Mann said blocking roads by holding sit-ins had become a "trend" during the past few days, taking on the farmers' unions virtually head-on in an uncommon thing for any chief minister of the agrarian state.
The authorities also declared unsafe a mosque and a religious school for girls at Nai Basti village in Thathri, 35 kilometres from Doda town along the Kishtwar-Batote National Highway.
The development of the Rih-Tiddim road and establishment of numerous rural "haat" (flee markets) along the Mizoram-Myanmar border would also increase the trade volume, Modi said while addressing a public meeting at the Assam Rifles ground here after inaugurating the 60-MW Tuirial hydro-electric power project.
Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.
The highest ever average daily construction rate of 130 km has been achieved for rural roads
Land acquisition costs have gone up to almost 50% of total project cost.
'The prime minister took a meeting recently and he asked for suggestions and ideas for a plan till 2047.'
It has been a week since 41 labourers got trapped inside an under-construction tunnel at Silkyara in Uttarakhand's Uttarkashi district after parts of the structure collapsed following a landslide last Sunday.
At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
The CM will be accompanied by Union Minister Nitin Gadkari during his visit to the tunnel site on Sunday.
The move is part of a larger initiative by the government to speed up work in the highway sector.
PM to launch works on Zojila tunnel, other infrastructure projects.
The Delhi-Dausa-Lalsot stretch is set to reduce the travel time between the national capital and Jaipur considerably.
The tunnel would reduce the travel time to the Ladakh region by 15-20 per cent and would come up close to the Atal tunnel near Rohtang Pass, reports Megha Manchanda.
While Andhra Pradesh is expected to receive Rs 15,000 crore to Rs 20,000 crore, Bihar is likely to get Rs 5,000 crore to Rs 10,000 crore in FY25.
The Centre on Thursday told the Supreme Court that if the Army cannot move its missile launchers, heavy machinery up to the northern Indo-China border, then how will it defend it and fight a war, if it breaks out.
He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
Road developers hoping for early relief from the government will have to wait longer.
IHMCL implemented the FASTag electronic tolling of national highways, but due to technical glitches, road ministry is mulling the option of offering this job to a Korean company
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