NHAI is preparing a plan for traffic at Gurgaon Rajiv Chowk
Government to finish mapping all highways via GIS
The Centre announced its intention to finalise the GIS mapping of all national highways, encompassing the delineation of the jurisdictions of state-owned developers, with the aim of enhancing the planning, execution, and monitoring of the road network, as well as ensuring the timely completion of projects. In line with this initiative, the ministry of road transport and highways (MoRTH) informed all project implementing units of the National Highways Authority of India (NHAI), Border Roads Organisation (BRO), National Highways and Infrastructure Development Corporation (NHIDCL), and the minist..
Public Sector Undertakings invest Rs 502 bn in April's capex
An official mentioned that large public sector companies had allocated slightly more than Rs 502 billion for capital expenditure in April FY25 alone, constituting almost 6.5% of their total fiscal target of nearly Rs 7.8 trillion. The official noted that this rate was slower compared to the Rs 541.77 billion spent in April FY24, which accounted for about 7.3% of the annual budget target of over Rs 7.4 trillion. They added that the capital expenditure spending was expected to increase in the future, also stating that the April figures were still provisional and would likely increase in the fina..
MoRTH looks at record Rs.600 billion from monetisation in FY25
The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record Rs.600 billion from monetisation in the current fiscal. While the marque toll-operate-transfer (TOT) highways will form a large portion of the exercise, a third of this money is likely to come from the NHAI InvIT and private InvITs that may be directly offered road projects for the first time this year.
The higher monetisation in FY25 is expected to maintain the momentum gained in last fiscal when for the first time a sum of Rs.3.83 billion was mobilised from ToT, InvIT and project-based financing..
NHAI to Offer 12 TOT Bundles
The National Highways Authority of India (NHAI) is gearing up to offer 12 Toll-Operate-Transfer (TOT) bundles this year, aiming to enhance its asset monetisation strategy. These bundles, totalling hundreds of kilometres of national highways, will invite private sector participation to operate and maintain these road stretches.
The TOT model has proven effective in unlocking significant value from India's road infrastructure, providing NHAI with necessary funds to reinvest in further development. Recent TOT awards, including bundles 11 and 12, secured Rs 6,584 crore, covering key stret..
Pune-Mumbai Travel Shortens: Cable Stayed Bridge Completion by 2025
Travelling between Pune and Mumbai is set to become faster and more convenient with the anticipated completion of a cable-stayed bridge by March 2025. This infrastructure marvel promises to significantly reduce travel time, easing the journey for commuters and enhancing connectivity between the two bustling cities. The cable-stayed bridge, with its sleek and modern design, is poised to become a symbol of technological advancement and architectural prowess in the region.
Once operational, the bridge will offer commuters a seamless experience, bypassing congested routes and reducing trav..