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Construction & Infrastructure News

Ajay Piramal to acquire three highway projects of Ramky Infrastructures

September 2014

The Ajay Piramal Group has acquire Ramky Infrastructure’s three highway projects. The group has signed a nonbinding agreement to buy ownership of Ram...

Deals, Ajay Piramal Group, Ramky Infrastructure’s, Highway Project, Ramky Eslamex, Investment, Irrigation, Lift Irrigation, Dams, Barrages, Water, Wastewater, Divestment

Gujarat Government plans four laning of Mehsana-Himmatnagar road stretch

May 2014

The Government of Gujarat through Government of India has received financing from the World Bank toward the cost of the Second Gujarat State Highway ...

Four-Laning, Mehsana-Himmatnagar, Road, Stretch, World Bank, Funding, Second Gujarat State Highway Project

Road ministry seeks EC panel nod for two highway projects

March 2014

The road ministry has sought Election Commission (EC) permission to roll out the approval process for two highway projects in Thiruvananthapuram and ...

Highway Projects, Approval, CCEA

Exit policy for highways faces hurdles

December 2013

The Union government, which had announced the exit policy for highway projects in last July, has now said that the policy does not require any rework...

Union government, exit policy, highway projects, Department for Economic Affairs

Panel on highway projects to have five members

October 2013

The government proposed committee, headed by C Rangarajan, to resolve inter-ministerial differences over the proposal to reschedule premium payments ...

government, C Rangarajan, inter-ministerial differences, reschedule, highway projects

Struggling highway projects may get package

October 2013

The Union government plans to extend its rescue package to all struggling highway projects instead of the previously identified 23 projects....

Union government, rescue package, highway projects, National Highways Authority of India

Govt proposes to cut toll tax on delayed road projects

September 2013

The Union Road Secretary Vijay Chibber has said that the toll tax should be reduced on the proposed highway projects if they are delayed and there is...

Vijay Chibber, toll tax, highway projects, government

GMR sells 74 per cent stake in TN highway project for Rs 222 cr

September 2013

To sell a major stake in its Ulundurpet highway project in Tamil Nadu for Rs 222 crore, Bangalore-based infrastructure major GMR is in pact with IDFC...

stake, Ulundurpet highway project, Tamil Nadu, Bangalore-based, GMR, IDFC, India Infrastructure Fund
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