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.
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 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."
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.
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
The PM's landing will be followed by an IAF airshow featuring around 16 aircraft.
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.
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.
Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.
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.
Prime Minister Narendra Modi is set to inaugurate a semiconductor plant in Sanand, Gujarat, and launch multiple development projects worth over Rs 20,000 crore, marking a significant boost to India's semiconductor industry and infrastructure.
West Bengal's appointment of Manoj Agarwal, the former Chief Electoral Officer, as the new Chief Secretary has ignited a political firestorm, raising concerns about the fairness and impartiality of the state's electoral processes.
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.
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.
UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
Heavy snowfall in the Kashmir Valley and Jammu region disrupted traffic and air services, leading to the closure of the Jammu-Srinagar highway and cancellation of flights. Rescue and road clearing operations are underway.
Golden Quadrilateral to now cost Rs 35,000 crore.\n\n
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
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.
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.
The South Indian film fraternity, including superstars Rajinikanth, Mammootty, Vijay, Dhanush and Suriya, mourns the tragic passing of veteran producer R B Choudary, who died in a road accident, leaving behind a legacy of nearly 100 films and countless opportunities for new talent.
This is the first time that highway projects awarded by the NHAI have failed to achieve financial closure.
The district administration has announced compensation details for people affected by the Vadhvan Port project in Palghar, Maharashtra, with agricultural land receiving over Rs 2 crore per hectare on average.
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.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
Chandrababu Naidu has reorganised the Telugu Desam Party (TDP), appointing his son Nara Lokesh as working president and emphasising a blend of experienced and new leaders to strengthen the party.
The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear before it on November 17 in a FEMA case after he skipped his scheduled date on Friday.
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.
'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.
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