Mitsubishi Corp mulls bid for Fujitsu's Shinko electric chip unit

NHAI to List Highways With Long-Term Monetisation Potential

The National Highways Authority of India (NHAI) is set to create a dedicated register of highway assets with long-term monetisation potential, complementing its existing annual list of roads earmarked for commercialisation through toll-operate-transfer (TOT) and infrastructure investment trust (InvIT) models.The initiative aims to maximise asset value and offer investors greater visibility into potential future opportunities. According to officials, this register will include technical and financial data to assess revenue viability, allowing investors to formulate strategic plans for engagemen..

AVP Infracon Wins Rs 160 Million Bridge Project in Tamil Nadu

AVP Infracon Limited, a leading player in India’s infrastructure sector, has secured a Letter of Acceptance (LoA) from the Superintending Engineer, Highways NABARD & Rural Roads Circle, Salem, for the construction of a Road Over Bridge (ROB) at Km 0/6 of Thaneerpandal Road in Tamil Nadu. The ROB will replace Level Crossing No. 6 located between Singanallur and Peelamedu railway stations within the Coimbatore region.The government-awarded contract is valued at approximately Rs 160 million and is to be completed within 18 months from the project's commencement.The bridge is expected to sig..

NHAI To Study Underpass Plan at Khandsa Junction

The National Highways Authority of India (NHAI) will undertake a feasibility study for a proposed underpass at the Khandsa intersection in Gurugram to help decongest traffic between Hero Honda Chowk and Umang Bhardwaj Chowk. The underpass is intended to improve vehicle movement from Sector 10 Road to Mohammadpur Jharsa Road, with the study expected to conclude by next month.The proposal was discussed in a recent review meeting chaired by Union Minister and Gurugram MP Rao Inderjit Singh, who supported the plan and highlighted its potential to streamline traffic at the busy junction.A senior NH..