+
MoRTH plans Rs 1 trillion investment in 74 new highway tunnels
ROADS & HIGHWAYS

MoRTH plans Rs 1 trillion investment in 74 new highway tunnels

The Ministry of Road Transport and Highways (MoRTH) is set to invest Rs 1 trillion in the construction of 74 new tunnels, spanning 273 kilometers, as part of a large-scale initiative to enhance India's highway network, according to Union Minister Nitin Gadkari. This ambitious project will also include regular performance audits for all ongoing constructions to ensure quality.

Speaking at the second edition of the Tunnelling India conference organised by FICCI, Gadkari advocated for joint ventures in tunnel construction, where foreign partners would hold a 51% stake. This approach aims to attract serious, technically qualified players and improve work quality for tunnel projects.

Gadkari emphasised the importance of adopting advanced, cost-effective technologies tailored to India's diverse terrains while maintaining high standards. He noted that 35 tunnels, covering 49 kilometers and costing Rs 150 billion, have already been completed by the government.

(ET)

The Ministry of Road Transport and Highways (MoRTH) is set to invest Rs 1 trillion in the construction of 74 new tunnels, spanning 273 kilometers, as part of a large-scale initiative to enhance India's highway network, according to Union Minister Nitin Gadkari. This ambitious project will also include regular performance audits for all ongoing constructions to ensure quality.Speaking at the second edition of the Tunnelling India conference organised by FICCI, Gadkari advocated for joint ventures in tunnel construction, where foreign partners would hold a 51% stake. This approach aims to attract serious, technically qualified players and improve work quality for tunnel projects.Gadkari emphasised the importance of adopting advanced, cost-effective technologies tailored to India's diverse terrains while maintaining high standards. He noted that 35 tunnels, covering 49 kilometers and costing Rs 150 billion, have already been completed by the government.(ET)

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code