The National Highways Authority of India (NHAI) plans to adopt the Uttar Pradesh model for developing expressways, which includes offering longer concession periods and land pockets for real estate development along an expressway.
Did you know that Dilip Buildcon Ltd (DBL) is currently the largest private-sector, road-focused EPC player in the country, executing projects worth over Rs 6,000 crore? What´s more, DBL is the fastest growing infrastructure development company
The state government, National Highways Authority of India (NHAI) and Mormugao Port Trust (MPT) recently signed a tri-partite agreement to undertake the construction of 5.2 km of the four lane road from Varunapuri to MPT.
Under Nitin Gadkari´s guidance, the rural development ministry is now drawing up plans to spend Rs 3.45 lakh crore to build nearly 30 million houses for the homeless by 2022 under the National Gramin Awaas Mission.
Out-of-court settlement of disputes is being pursued by the National Highways Authority of India (NHAI) to fast-track highway construction. Developers have made claims of Rs 10,000 crore in several build-operate-transfer projects. Many of these cases have gone to arbitration, locking up funds for developers already squeezed by a drought of bank finance, delayed clearances and overall economic gloom.
The National Highways Authority of India, under the leadership of RS Gujaral, Chairman has intiated the 555 km hmedabad-Udaipur-Kishangarh stretch ,expected to cost nearly Rs 5,400 crore. This section, which is spread over NH-79 A, NH-79, NH-76 and NH-8, covers parts of Rajasthan and Gujarat.
C&C Constructions has bagged a highway project on a 50 km stretch between Patna and Bakhtiarpur from the National Highways Authority of India. Pennar Engineered Building Systems Ltd (PEBS) has bagged multiple orders from five companies, which are scheduled to be completed between three to six months.