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Earlier, during its annual general meeting on September 28, 2024, the company had approved the sale of 12 road assets
National highway awarding activity slowed in H1 amidst weather and elections
The Himachal Pradesh government has sent a proposal to the Centre seeking approval for five new national highways in the state, Public Works and Urban Development Minister Vikramaditya Singh said on Friday. Addressing a press conference here after holding a review meeting of his department, Singh said the construction of these proposed national highways will accelerate development in the hill state. "Efforts will be made to expedite the process by meeting Union Highways and Road Transport Minister Nitin Gadkari," Singh said, as he expressed hope that the Centre will give its nod to the proposals soon. During the tenure of the previous BJP government in Himachal, 69 national highways were announced but none of those announcements saw the light of the day, Singh claimed. The Congress leader also said that a provision should be made to keep aside 25-30 per cent budget amount for all new projects so that development work can proceed uninterrupted. Claiming that foundation stones for m
Any data sharing in GPS-based systems would have to honour data protection regulations
Vehicles equipped with On-Board Units (OBUs) featuring GNSS will automatically have tolls deducted based on the distance travelled, with the initial 20 km being free of charge
State-owned NHAI will track around 100 toll plazas with GIS-based software for seamless movement of traffic at national highways, an official statement said on Monday. According to the statement, these toll plazas have been identified based on congestion feedback received through 1,033 national highway helpline. The live monitoring and tracking system will provide congestion alerts and lane distribution recommendations when the queue of vehicles at a toll plaza is more than the prescribed limit, it added. The monitoring service will be extended to more toll plazas in a phased manner. Apart from providing the name and location of the toll plaza, the statement said the software will share details related to the live status of queue length in meters, total waiting time and vehicle speed at toll plaza. It will also provide congestion alert and lane distribution recommendation, if the queue of vehicles at a toll plaza is more than the prescribed limit, the statement added. In addition
In May 2021, the highway authority had introduced these provisions for projects where project reports were in progress and land for toll plazas was yet to be acquired
Move aimed at reducing impact of rising landslide, slope destabilisation in hilly areas where national highways have been built
NHAI has set an ambitious target of establishing 1,000 wayside amenities over the next five years, translating to one facility every 50 kilometres along national highways
33 stretches identified by NHAI had revenue of Rs 5000 crore in FY24
Delhi-Gurgaon Expressway: The NHAI has increased the toll prices from 4 to 5 per cent, which will be applicable from April 1. Here's all you need to know
Fundraise includes 7,200 crore equity commitments from existing investors
Union Minister for Road Transport and Highways Nitin Gadkari on Sunday inaugurated and laid the foundation stone for 22 National Highway projects, spanning 268 Km and valued at over Rs 4,000 Crore here. Notably, initiatives like the Huliyar-KB cross-Chunchanahalli-Nelligere Road aims to enhance connectivity between Mysuru and North Karnataka, while the Mysuru Ring Road, complete with service roads and Road Under Bridges (RUBs), promises to alleviate city congestion, ensuring seamless traffic flow, an official release said. It said, the four-lane expansion of Belur-Hassan and Yedegowdanahalli-Bilikere road, coupled with the installation of Road over Bridges (ROBs) at Hangarahalli and Holenarasipur Bypass, anticipates a notable 2-hour reduction in travel time. The construction of a major bridge over Lakshmanathirtha River seeks to decongest Hunsur Town, echoing the commitment to streamlined urban planning. Additionally, the development of Srinivasapura and Chintamani bypasses targets
In the recently released FAQs, the RBI suggested users procure a new FASTag issued by a bank other than Paytm Payments Bank before March 15
Centre has awarded only 3,481 km of projects in FY24 which is nearly 60% lower than last year and 35% of its target
Nitin Gadkari said that it has been decided to initially implement the GNSS-based Electronic Toll Collection (ETC) System at selected sections of National Highways
Bidders will have to disclose deficiencies in the past
Jain further said the road ministry aims to garner Rs 40,000 crore through asset monetisation in the current financial year. Going forward, there will be more private investment for road projects
Some highways in the country have old engineering defects, but the new roads and highways are incorporating road safety features, Highways Secretary Anurag Jain said
Privatised highway construction model has been a flop, prompting reforms