Dilip Buildcon declared lowest bidder for Rs 5,390 cr NHAI projects

Road developer Dilip Buildcon said it has been declared the lowest bidder for three projects of the National Highways Authority worth Rs 5,390 cr in total. The first two projects are for six-laning a 117.3 km stretch of the Bangalore-Mysore NH 275, while the third one is for the six-laning of NH 2 from Khairatunda […]

Maharashtra gets 65% of all National Highway upgrades in FY17

Even as states race to denotify state highways as ‘urban roads’, Maharashtra, home of roads and highways minister Nitin Gadkari, managed to get 65% of all sanctioned upgrades of state highways into national highways last year. According to year-end data prepared by the roads and highways ministry, 8,002 km of state highways in the state […]

Maharashtra gets 50% of India’s total highway budget this year

Maharashtra, home state of Nitin Gadkari, accounted for 50% of the new highway development projects sanctioned in the ongoing financial year, data from the ministry of road transport and highways showed. A total of 520 new projects — including expansions — worth Rs 53,264 cr was sanctioned by Gadkari’s ministry in the ongoing financial year. […]

Gadkari to miss ambitious highway target for 2016-17

Nitin Gadkari, who is slowly building up a reputation as a pragmatic and capable minister, is likely to face major disappointment in the ongoing financial year as his ministry is unlikely to meet the steep road construction target it set for itself. Unlike the term of the previous government, when an average of 5,000 km […]

Govt increases budget for key highway projects

The cabinet, chaired by PM Narendra Modi, revised the budget for a clutch of highway development projects to Rs 6,461 crores, from Rs 5,193 crores. The cost has increased due to higher bid prices, and increase in cost of land acquisition, resettlement and rehabilitation and other pre-construction activities, the government said. The projects are already taken […]