Baalu Discusses Road Development Initiatives In The State Of Bihar
August 4, 2006
The Union Minister for Shipping, Road Transport & Highways, Thiru T. R. Baalu discussed the initiatives of the Central Government on the Road Sector Development in Bihar with the Central Ministries and Members of Parliament belonging to the State here today. The senior officials from the Ministry of Shipping, Road Transport & Highways, National Highways Authority of India (NHAI), State Chief Engineer and Team Leaders of various Projects briefed the participants on the progress of several projects in the State.
The status and pace of implementation of various projects under Golden Quadrilateral (GQ), East-West Corridor and Projects under NHDP Phase III alongwith the special Projects were discussed threadbare. The development of all other National Highways in Bihar being improved through the State National Highway Wing was also deliberated upon.
Jharkhand hoping PPPs will attract investors
July 28, 2006
Jharkhand is yet to see the concept of public-private partnership (PPP) take off in any form, especially on its 7,000-odd km network of roads and bridges. The state has not itself tried out the concept; it has seen the National Highways Authority of India (NHAI) thrice floating tenders for the Ranchi-Barhi road on a build-operate-transfer (BOT) basis without evoking any response from the private sector. And the Barhi-Ranchi stretch is said to be the state’s highest traffic corridor!
“Let’s see what happens here (at the PWD level), as we are going to launch the concept in the state soon,” said an apprehensive senior road construction department bureaucrat. Says DK Tiwari, secretary of the department: “We are now seeking to get some roads on that (PPP) basis.”
Madhucon bags Rs 820cr NHAI project
July 12, 2006
Madhucon Projects has signed a concession agreement with the National Highways Authority of India (NHAI) for laying over 126 km stretch of road between Madurai and Tuticorin on build, operate and transfer (BOT) basis.
IVRCL achieves financial closure for road project
June 25, 2006
IVRCL Infrastructures & Projects Ltd has announced that it has achieved financial closure for its Jalandhar-Amritsar road project awarded by National Highways Authority of India (NHAI).
The company said the project involves improvement, operation and maintenance including strengthening and widening of the existing two-lane road to four-lane duel carriageway from km 407.100 to km 456.100 of NH-1 (Jalandhar-Amritsar section) in Punjab on build, operate and transfer (BOT) basis.
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IVRCL is executing this project through special purpose vehicle (SPV) called Jalandhar Amritsar Tollways Ltd, a wholly owned subsidiary of the company.
The estimated project cost is Rs 237.75 crore, of which the loan component is Rs 157 crore. Canara Bank is financing it to the extent of Rs 60 crore, llahabad Bank Rs 50 crore and State Bank of Bikaner and Jaipur Rs 47 crore with Canara Bank as the lead lender of the consortium.
Elevated expressway to connect Bangalore to electronic hub
June 23, 2006
Bangalore, June 23 (IANS) A dedicated 10-km elevated expressway is being built from the Silicon hub of Bangalore to the electronics city to ferry thousands of techies to their workplace in top gear, non-stop.
Prime Minister Manmohan Singh is scheduled to kick-start the project by laying the foundation stone Saturday here in the presence of union Urban Development Minister S. Jaipal Reddy, Governor T.N. Chaturvedi, Chief Minister H.D. Kumaraswamy and top officials.
The brainchild of the National Highway Authority of India (NHAI) and the Karnataka government, the four-lane expressway will be raised above the six-lane national highway (NH-7), connecting Bangalore to Hosur across the state border in Tamil Nadu.
L&T bags 750 Crore contract from NHAI
April 20, 2006
Larsen and Toubro Ltd (L&T) has bagged a Rs 750 crore order from the National Highways Authority of India for six laning of the NH-8 in Gujarat.
The Build-Operate-Transfer project entails widening of the existing four-lane highway to six lanes, from Vadodara to Bharuch, with amenities and support infrastructure.
ORR Gates may take their toll on people
April 14, 2006
HYDERABAD: Every time you travel on the proposed Outer Ring Road (ORR), you may have to shell out a fee for using the roadway. Toll gates will be in place on nearly 45 per cent of the 162 km ORR stretch.
Moreover, the ORR might be stretched to three phases instead of two decided earlier. The Hyderabad Urban Development Authority (Huda) is planning to split the existing phase-II works into two parts and the final portion of the road would be completed on the basis of build-operate-transfer (BoT) model, sources said.
PM to lay foundation for six-laning of Panipat highway project
March 23, 2006
Prime Minister Manmohan Singh will today lay the foundation stone for six-laning of 10 km stretch of the National Highway one (NH-1) running through Panipat in Haryana.
Chief Minister Bhupinder Singh Hooda along with other ministers will be present on the occasion. Dr Singh will also address a public meeting on the occasion. Security men have been posted on the spot.
6-lane stretch for Surat-Vadodara
March 14, 2006
Those driving on the stretch of National Highway no 8 between Surat and Vadodara are in for some good news, though not in the near future.
National Highways Authority of India (NHAI) has decided to convert it to a six-lane road from the existing four-lane road in view of the increasing traffic on this stretch, which makes driving on it a pain in the neck.
Rs 550-crore road project for L&T
March 11, 2006
Larsen & Toubro Limited (L&T), bagged its first annuity-based road project — valued at Rs 550 crore from the National Highways Authority of India (NHAI).
The project involves four-laning of the 76-km Palanpur and Swaroopgunj stretch located on the East-West Corridor on NH-14, linking Gujarat and Rajasthan. Secured against international competitive bidding, the order will be executed by L&T’s Engineering Construction & Contracts (ECC) Division in 30 months.