MoRTH spends 91% of budgetary allocation by year-end

27 Jun 2023 CW Team

The Ministry of Road Transport and Highways (MoRTH) will spend nearly 91 per cent of its budgetary allocation by the year-end. The total gross budgetary outlay of the ministry for financial year 2023-24 is Rs 2,58,606 crore, and the actual expenditure in the first two months is already nearly Rs 60,000 crore.

According to sources, the ministry is accelerating the process of highway construction and land acquisition. A total of 170 land acquisition notifications have been issued and compensation of approximately Rs 210 crore has already been processed by the Ministry. Aggressive spending by the ministry indicates that the highways sector can absorb more money in its ecosystem.

Ministry officials added that national highway construction was up 10 per cent on year in May with 1,465 km of national highways constructed versus 1,307 km in the corresponding period in 2022-23.

In May, around 382 km of fresh road construction contracts were awarded, which is lower than 496 km awarded during the same period in the previous year.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..