National Highway Authority of India (NHAI) aims to monetise 1,987 kilometres (km) of highways in 2023-24 through ‘toll operate transfer’ and infrastructure investment trust (InvITs) modes, people familiar with the development said. The highways body has lined up 30 National Highway sections as part of the plan, with the 124-km Trichy-Thuvarankurichi-Madurai (Tamil Nadu) section being … Read more
The Kerala Infrastructure Investment Fund Board (KIIFB) on Saturday approved 10 more projects worth Rs 932.69 crore taking the totalcost of projects funded by the financial institution to Rs 64,344.64 crore. The KIIFB board, which met today, sanctioned ten projects including ten-bed isolation wards for hospitals in all 140 assembly constituencies in the state in … Read more
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
The government on Saturday said it has approved Rs 726 crore highway projects in Madhya Pradesh. These projects are for building 291 km of highways in the state. “Ministry of Road Transport and Highways has sanctioned road development projects of 291 km worth 726 Cr for the state of Madhya Pradesh,” Road Transport, Highways and … Read more
The government on Thursday said it has approved a Rs 971 crore highway project in Bihar. “The Ministry of Road Transport and Highways (MoRTH) has approved a proposal to construct 120 km Munger-Bhagalpur-Tirpety-Kahalgaon concrete road on national highway 80 in Bihar,” MoRTH said in a statement. Munger-Bhagalpur highway project will be a 2-lane road, which … Read more