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Roadways Industry News

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Wednesday 20th Dec 2023   218
NHAI awards two toll, operation and transfer packages worth Rs 9,384 crore
 

The National Highways Authority of India (NHAI) has taken a major step forward in strengthening the country's infrastructure by granting two Toll-Operate-Transfer (TOT) packages. These projects, valued at a....

 
 
Monday 18th Dec 2023   227
CDPQ and Actis Compete for Ashoka Concessions BOT Road Assets
 

In a significant development in the infrastructure investment sector, CDPQ and Actis are locked in fierce competition to acquire the BOT (Build-Operate-Transfer) road assets of Ashoka Concessions. These prominent....

 
 
Friday 8th Dec 2023   247
BMC Issues Tenders for Island City Road Concretisation
 

The Brihanmumbai Municipal Corporation (BMC) has taken a decisive step towards improving road infrastructure in the island city of Mumbai by inviting new tenders for road concreting. Overcoming the....

 
 
Saturday 2nd Dec 2023   221
NHAI starts improvement of service roads along NH48 in Gurugram
 

The National Highways Authority of India (NHAI) has started a crucial project to improve service roads along NH48 in Gurugram. This initiative underlines the commitment to improving infrastructure, with....

 
 
Friday 1st Dec 2023   220
Capex outlay for highway sector to rise 25% to Rs 3.2 trillion in FY 25
 

According to an official source, the capital expenditure of the Ministry of Road Transport and Highways (MoRTH) is likely to rise 25% year-on-year to Rs 3.2 trillion in the....

 
 
Monday 27th Nov 2023   288
IRB Infrastructure signs major agreement with NHAI for Lalitpur-Lakhnadon stretch on NH44 in Madhya Pradesh
 

IRB Infrastructure Developers on Friday (November 24) announced that its subsidiary, IRB Lalitpur Tollway, has entered into a concession agreement with NHAI for toll collection, operation and maintenance of....

 
 
Thursday 23rd Nov 2023   226
Bharatmala Pariyojana project cost rises to Rs 10.64 lakh crore, more than double, reports ICRA
 

The Bharatmala Pariyojana Plan (BMP) project cost has risen to Rs 10.64 lakh crore, more than doubling due to a sharp rise in input costs and rising land acquisition....

 
 
Friday 6th Oct 2023   246
KSRTC discontinues Mangaluru-MIA bus service due to low ridership
 

The low-floor KSRTC bus service to Mangaluru International Airport (MIA), which began in November last year, has been discontinued, including service from Manipal. As a result, Mangaluru International Airport....

 
 
Wednesday 4th Oct 2023   224
CIDCO to construct coastal highway to connect MTHL & airport
 

The City Industrial Development Corporation (CIDCO), responsible for urban planning in Navi Mumbai, has announced plans to build a coastal road connecting Amra Marg to the Jawaharlal Nehru Port....

 
 
Tuesday 3rd Oct 2023   224
India embraces PPP Model for high-quality highway construction
 

The government's focus has shifted to monetizing completed highway projects, leading to a significant change in the construction approach for National Highways (NHs). Instead of relying solely on government....

 
 
 
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