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Construction & Infrastructure News

Finance Min tells RBI to tag road loans as secured

March 2013

The Union Finance Ministry has urged the Reserve Bank of India to consider a change in its stance that treats loans to road projects as unsecured. If...

Union Finance Ministry, Reserve Bank of India, road projects, RBI sheds, highway sector lending, secured loans

Mumbai civic body to probe CAG's claims in road projects

March 2013

The Mumbai Brihanmumbai Municipal Corporation (BMC) will conduct an internal inquiry into the increase in cost of road projects in the city, as point...

Mumbai Brihanmumbai Municipal Corporation, conduct, internal inquiry, cost of road projects, Comptroller and Auditor General (CAG) of India

SC's nod to delinking of environment, forest clearances

March 2013

The Supreme Court has approved the revised norms for infrastructure road projects that delink the environment and forest clearances - formulated by t...

Supreme Court, approved, revised norms, infrastructure road projects, environment, forest clearances, Prime Minister's Office

Survey favours easy exit norms for highway developers

February 2013

Taking note of difficulties faced by road projects, the Economic Survey has favoured easing of exit routes for highway developers. Exit routes need t...

road projects, Economic Survey, favoured, exit routes, highway developers

NHAI's plea to PMO to help finance delayed road projects

February 2013

For delayed road projects, a financial revival package from the government has been sought by the National Highways Authority of India (NHAI). Propos...

delayed road projects, financial revival package, government, National Highways Authority of India

Govt to adopt EPC model again for road projects

February 2013

Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor in...

public private partnership, PPP, award road projects, highway, engineering, procurement and construction, EPC

Centre gives nod to road projects worth Rs 38,500 cr

February 2013

With an objective to boost road connectivity to rural areas in the country the Union government on February 7 cleared road projects worth about Rs 38...

road connectivity, rural areas, Union government, road projects, Pradhan Mantri Gram Sadak Yojana

UP has Rs 20,000 cr worth road works underway

February 2013

In Uttrar Pradesh, road projects worth about Rs 20,000 crore are either underway or in the pipeline. The road projects pertain to both State highways...

Uttrar Pradesh, road projects, underway, pipeline, UP State Highways Authority
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