Approval Sought to Expedite Awarding of Road Projects Nationwide

10 Jul 2024 CW Team

The Ministry of Road Transport and Highways (MoRTH) has sought approval to expedite the awarding of numerous road projects across India, aiming to boost infrastructure development and accelerate economic growth. This move is part of the government's broader strategy to enhance connectivity and support the nation?s burgeoning transport demands.

By speeding up the project award process, MoRTH aims to reduce delays and ensure timely completion of critical road infrastructure. The ministry has identified several key projects that require urgent attention to alleviate traffic congestion, improve road safety, and facilitate smoother transportation of goods and passengers.

These projects, spanning various states, are designed to upgrade existing roads, construct new highways, and develop rural road networks. The expedited process will involve streamlining administrative procedures, reducing bureaucratic hurdles, and enhancing coordination among different government agencies.

The push for faster project awards is also expected to generate significant employment opportunities and stimulate local economies. Improved road infrastructure will enhance regional connectivity, making it easier for businesses to operate and for people to access essential services.

Stakeholders, including construction firms and local authorities, have welcomed the initiative, recognizing its potential to transform the country's road network. The government's commitment to infrastructure development is seen as a crucial driver of long-term economic resilience and growth.

MoRTH?s request for expedited approval underscores the urgency of modernising India's road infrastructure to keep pace with rapid urbanisation and industrialization. As the ministry awaits the green light, preparations are already underway to ensure that once approved, these projects can be launched without delay, promising a new era of enhanced connectivity and development across the nation.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..