Rs 7.4 Bn Sanctioned for 4-Laning of NH-66 from Margao Bypass to Cuncolim

23 Dec 2024 CW Team

Union Minister for Road, Transport and Highways, Nitin Gadkari, has announced the sanction of Rs 7.47 billion for the 4-laning of NH-66 from Margao Bypass to Cuncolim.

“We are pleased to confirm the sanction of Rs 7.47 billion for the 7.24 km stretch from the Margao bypass to Cuncolim on NH-66,” said Gadkari.

The highway project, approved under the Hybrid Annuity Model (HAM), includes the construction of a 4.45 km six-lane flyover to reduce urban congestion and enhance road safety.

This project is vital for the Mumbai-Kanyakumari corridor, connecting Margao and Cuncolim while passing through Navelim, Dramapur, Sirlim, Chinchinim, and Panzarconi in Salcete Taluka.

“It’s an essential link between Margao and southern Goa, expected to reduce congestion, improve road safety, and lower accident rates in South Goa District,” Gadkari added.

BJP Goa Rajya Sabha MP Sadanand Tanavade expressed gratitude to Prime Minister Narendra Modi, Home Minister Amit Shah, and Gadkari for their leadership in transforming Goa’s infrastructure.

Tanavade also credited Gadkari’s efforts in improving connectivity and modernizing road infrastructure for the state’s ongoing progress.

“Under the BJP government since 2014, Goa has seen unprecedented development, with infrastructure projects making it a model of sustainable development in India,” he concluded.

Infrastructure Transport

26 Jun 2026

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..