A sub-divisional magistrate (SDM) posted in Punjab's Gurdaspur has been arrested in connection with the Rs 1.63 crore embezzlement of funds linked to land acquisition for a national highway project in 2018-2019.
The Cabinet Committee on Economic Affairs (CCEA) has approved national highway projects worth approximately 24,249.6 crore across Odisha, Telangana, Madhya Pradesh, and Bihar, aiming to enhance connectivity, reduce travel times, and stimulate economic growth.
The government had planned to complete the bidding process and award the final contract for these projects by December 2008. An official from the National Highway Authority of India said, "Now that PPPAC had given approval to these 21 highway projects, we will be speeding up the bidding process."
The Bombay High Court has approved the removal of mangroves for the Vadhvan Port Project in Palghar, Maharashtra, citing its public importance and economic significance. This clearance paves the way for accelerated execution of the Rs 76,220 crore project, which aims to position India among the top 10 container port nations globally.
Various stakeholders, including about 600 developers, bankers and officials from various wings, including the National Highways Authority of India, will also be present.
CCI has also raised the ceiling of 4,000 km of four-laning under the National Highways Development Project phase-IV to 8,000 km on a build, operate and transfer (BOT-toll) mode.
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.
A committee constituted by the West Bengal government to carry out a special audit of sanctioned plans for high-rise residential and commercial buildings in and around the city will meet on Friday to begin the exercise, Chief Minister Suvendu Adhikari said.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
Hazoor Multi Projects Ltd (HMPL) has been awarded a 27.15 crore contract by the National Highways Authority of India (NHAI) for fee collection and maintenance on a section of National Highway 48 in Karnataka.
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
The company also needs to get its power plants going if it wants to reduce its debt burden.
Govt to chalk out entry of sovereign funds from Abu Dhabi, Qatar into such projects.
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.
Spanning 555 km, the project was to cost Rs 7,500 crore.
The National Highways Authority of India and the road transport and highways ministry are currently engaged in appraisal of the request for qualifications, said a senior ministry official.
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.
The PM's landing will be followed by an IAF airshow featuring around 16 aircraft.
The Zojila tunnel, a crucial infrastructure project connecting the Kashmir Valley to Ladakh, achieved a significant breakthrough, connecting its two ends and moving closer to providing all-weather connectivity, reducing travel time from 1.5 hours to just 15 minutes.
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.
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.
A portion of a link road connecting the Kanpur-Lucknow National Highway with the Ganga Expressway in Unnao district caved in after the first monsoon rain, raising concerns about construction quality and prompting repair work.
On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.
Golden Quadrilateral to now cost Rs 35,000 crore.\n\n
Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.
Ranbir Kapoor has made a significant investment, purchasing 25.7 acres of land in Pune's scenic Mulshi taluka for over Rs 16.42 crore (Rs 164.2 million), underscoring a growing trend among celebrities to favour land banking for long-term real estate appreciation and development potential.
NHAI to pull plug on Rs 3,000-crore ventures for poor show
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.
After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
This is the first time that highway projects awarded by the NHAI have failed to achieve financial closure.
On the Delhi-Mumbai highway, Rs 1,200 crore (Rs 12 billion) worth of fuel will be saved annually after the installation of ETC, the minister said.
State-owned NHAI has created a Guinness World Record for the longest continuously laid bituminous lane of 75 kilometres in 105 hours and 33 minutes on the national highway between Amravati and Akola districts in Maharashtra. Mentioning about the record, Road Transport and Highways Minister Nitin Gadkari on Wednesday said the project was implemented by 720 workers including a team of independent consultants who worked day and night. The total length of the 75 kilometres of single lane continuous bituminous concrete road is equivalent to 37.5 kilometres of two-lane paved shoulder road and the work started on June 3, at 7:27 am and was completed on June 7, at 5 pm, the minister said in a video message.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.
The Umbrella SSA is a single agreement that entitles the state government to support and facilitate the Centre in land acquisition, law and order and security in every highway project across the state.
