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Construction & Infrastructure News

Govt hopeful to award big highway projects soon

December 2013

The Union Road Transport and Highways Minister Oscar Fernandes has said that he expects road projects worth over Rs 1 lakh crore, which have been stu...

Oscar Fernandes, road projects, rescheduling of premium, GMR, GVK, Ashoka Buildcon

Centre okays road projects worth Rs 1,900 cr

December 2013

Road projects worth Ra 1,900 crore in Gujarat and Bihar have been cleared by the Union government. The road projects would be soon be out on auction ...

road projects, Gujarat, Bihar, Union government, Cabinet Committee on Economic Affairs, Gaya, Hisua, Rajgir, Nalanda, Biharsharif, Vadodra, Surat

IRB achieves fiscal closure for its Goa- Karnataka road project

December 2013

Infrastructure major IRB Infrastructure Developers on December 26 said it has achieved financial closure of Rs 1,406 crore for its road project in Ka...

IRB Infrastructure Developers, financial closure, Karnataka, Goa- Karnataka border road project

Jaipur's ring road project likely to face hurdles

December 2013

Media reports say that the ambitious ring road project proposed during previous Vasundhara Raje government may land in fresh trouble once the Land Ac...

ring road project, Vasundhara Raje government, Land Acquisition and Rehabilitation and Resettlement Bill, 2013

NHAI to issue Rs 3,500-cr bonds in Jan

December 2013

To fund its road projects partially through bonds, the National Highways Authority of India (NHAI) plans to issue bonds worth Rs 3,500 crore in Janua...

road projects, bonds, National Highways Authority of India

Only 4 road projects need environment clearance: Govt

December 2013

The Union Minister of State in the Ministry of Road Transport and Highways Sarvey Sathyanarayana has recently said in the Lok Sabha that there are on...

Sarvey Sathyanarayana, Lok Sabha, road projects, Environment Clearance

Govt cuts burden on BRO, takes back projects

December 2013

To reduce the burden on Border Roads Organisation (BRO), the Union government has decided to take back several road projects from it and help it focu...

Border Roads Organisation, Union government, road projects

Work on Mumbai coastal road may begin by Dec 2014

December 2013

The 35 km Mumbai coastal road project worth Rs Rs 8,000 crore is likely to be put on the fast track and work on the ambitious road project is expecte...

Mumbai coastal road project, Nariman Point, Kandivli, traffic congestion
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