The country is on course to build more national highways and rail lines during the decade ending 2025 than it has cumulatively done between 1950 and 2015, a report said on Wednesday. The total length of national highways is expected to reach 1.8 lakh kilometres, while that of the railway lines 1.2 lakh kilometres by 2025, Bank of America Securities India said in a report. Between 1950 and 2015, the nation built only 4,000 kilometres of national highways, taking the total length to 77,000 kilometres in 2015. However the highway length is on course to cross 1.8 lakh kilometres by 2025 -- more than double the existing length -- in ten years time. When it comes to the rail network, the nation had only 10,000 kilometres of rail lines in 1950, which rose to 63,000 kilometres in 2015. But it is slated to touch 1.2 lakh kilometres in 2025, the report said. The port capacity which was only 777 MTPA in 1995 rose to 1,911 MTPA in 2015 and is on course to more than double to 3,000 MTPA by 2025
Ambitious plans like the bullet train, 5G telecom network, and several more will be instrumental in shaping a better future, covering a major portion of the population
No Indian airline makes money, railways' passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are like never before, notes T N Ninan
As on March 31, 2022, the company has an order book position of Rs 9,001 crore. With this, KNR has targeted further order book inflow of Rs 4,000 to Rs 5,000 crore for the year FY23.
Union Road Transport and Highways Minister Nitin Gadkari on Monday said his target is to construct 60 kilometres of highway per day.
For work under Hybrid Annuity Mode, operations and maintenance will not be a criteria anymore.
PM Modi said that the idea of Ek Bharat Shreshtha Bharat is to focus on bridging distances, asserting that the government's aim is to provide all-weather connectivity to Jammu and Kashmir.
Gadkari said an access- controlled expressway will be constructed between Aurangabad and Pune at a cost of Rs 10,000 crore to considerably reduce the travel time between the two Maharashtra cities
The Ministry of Road Transport and Highways (MoRTH) through its various implementing agencies has constructed 8,045 kms of highways up to February 2022 during the current financial year
Gadkari on Tuesday said making India's first electric highway between Delhi and Jaipur is his dream.
The average yield on top-rated three-year corporate bonds rose to 6.02% on Monday, the highest level in a month.
The government's decision also comes in the backdrop of a rising tendency of bidders to make abnormally low bids for construction and consultancy contracts
HCC Group said it has signed an agreement with Cube Highways to sell Baharampore-Farakka Highways Ltd (BFHL) at an enterprise value of Rs 1,279 crore.
Gadkari on Sunday said that the central government is working to develop a national highways network of 2 lakh kilometres by 2025.
It will enhance the carriage capacity of two-wheelers by 40-50 per cent, according to a statement
Weathering the pandemic-induced twists and turns, the sector will see more stretches of national highways, completion as well as awarding of multiple projects and fund raises in 2022
Gadkari emphasised on infrastructure development for employment generation and economic prosperity
The Bombay High Court on Monday directed the Maharashtra government to review the ongoing construction work by December and complete the project at the earliest.
More than 5,000 kms of avenue plantation works worth Rs 650 crore have been executed so far under the National Green Highways Mission (NGHM), as per an official document
The Union Ministry of Road Transport and Highways on Thursday approved inclusion of the ambitious Atal Progress-Way project of Madhya Pradesh in the Bharatmala Pariyojana (BMP) phase 1