Highways move into the slow lane: Construction pace likely to dip due to fewer project awards in the last two fiscals

Highways move into the slow lane: Construction pace likely to dip due to fewer project awards in the last two fiscals

The government is expected to witness a slowdown in highway construction over the next two years due to a decline in new project awards in 2023-24 and the current financial year. However, the road transport ministry remains optimistic about surpassing the 10,400 km construction target for the ongoing fiscal year, a TOI report stated. Project … Read more

National highway construction jumps 73.5% to 1,470 km in April-May

National highway construction jumps 73.5% to 1,470 km in April-May

The road transport and highways ministry has constructed 1,470 km of national highways in the current financial year so far, an increase of 73.5 per cent as compared to the year-ago period. The ministry in a tweet said it had constructed 847 km of highway in the April-May 2021 period. The ministry awarded national highway … Read more