
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI

Delhi Gets Rs 8.03 Billion for 152 Road Projects
The Union Government has approved funding of Rs 8.03 billion for 152 road-related projects across the national capital, news agency PTI reported, citing officials.The funds have been sanctioned under the Central Road and Infrastructure Fund (CRIF), following a request made by Chief Minister Rekha Gupta during a meeting chaired by Union Minister for Road Transport and Highways, Nitin Gadkari, in July.“The competent authority in this ministry has agreed to approve the work listed to an amount of Rs 8.03 billion to meet the cost of work debitable to the allocations of the Government of NCT of D..

Govt Approves Rs 4.45 Billion Mokama-Munger Highway Project
The government on Wednesday approved the construction of the 4-lane Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor in Bihar at a total cost of Rs 4.45 billion.The decision was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi. The 82.4 km Mokama-Munger section will be constructed under the Hybrid Annuity Mode (HAM), Information and Broadcasting Minister Ashwini Vaishnaw told reporters.The corridor will pass through or provide connectivity to key regional cities such as Mokama, Barahiya, Lakhisarai, Jamalpur and Munger, lin..

ACME Solar Gets Rs 3892 Million Loan for 400 MW Project
ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after the company announced that its wholly owned subsidiary, ACME Venus Urja, has secured long-term project financing worth Rs 3.89 billion from the State Bank of India (SBI).The funds will be used for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project located in Barmer, Rajasthan. The loan repayment will be spread over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BE..