Centre eyes state highways with high traffic for lane expansion
ROADS & HIGHWAYS

Centre eyes state highways with high traffic for lane expansion

The Centre is mulling a scheme under which it will take over state highways having high-traffic density for expansion, Union Minister Nitin Gadkari.

Gadkari, who handles the road transport and highways portfolio, said a state highway will be expanded into a four or six-lane road by the Centre and toll will be collected for 25 years before handing the asset back to the state.

"...we will take that highway from the state government (and) will collect the toll," Gadkari said, speaking at a convention organised by the Association of National Exchanges Members of India (ANMI) here.

The minister, who has built a reputation for constructing mega road projects across the country, exuded confidence that the money invested for a particular highway's expansion into a 4-6 lane carriageway can be recovered in 12-13 years itself.

Also Read
NHAI road awards at three-year low in first half of fiscal
Modi launches PMGSY-III road scheme in Himachal

The Centre is mulling a scheme under which it will take over state highways having high-traffic density for expansion, Union Minister Nitin Gadkari. Gadkari, who handles the road transport and highways portfolio, said a state highway will be expanded into a four or six-lane road by the Centre and toll will be collected for 25 years before handing the asset back to the state. ...we will take that highway from the state government (and) will collect the toll, Gadkari said, speaking at a convention organised by the Association of National Exchanges Members of India (ANMI) here. The minister, who has built a reputation for constructing mega road projects across the country, exuded confidence that the money invested for a particular highway's expansion into a 4-6 lane carriageway can be recovered in 12-13 years itself. Also Read NHAI road awards at three-year low in first half of fiscal Modi launches PMGSY-III road scheme in Himachal

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement