Jun 05, 2023 PNC Infratech integrates new subsidiary for highway project PNC Infratech established a wholly-owned subsidiary (WOS) business called “Varanasi-Kolkata Highway - Package II” as a special purpose vehicle (SPV) to carry out a project that the National Highways Authority of India (NHAI) had approved. The BharatmalaPariyojana in Bihar is funding the construction of a greenfield, sixlane Varanasi-Ranchi-Kolkata highway.
May 20, 2023 NHAI to develop 10,000 km of ‘Digital Highways’ in India by 2025 The National Highways Authority of India (NHAI) is working towards developing around 10,000 kilometres of Optic Fibre Cables (OFC) infrastructure across the country by 2024-25.
Nov 14, 2022 NHAI’s InvIT plans to raise Rs 2,000 crore to acquire road assets The infrastructure investment trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assets from its parent firm the National Highways Authority of India (NHAI).
Oct 05, 2022 NHAI plans to raise Rs 10,000 crore from market State-owned National Highways Authority of India (NHAI) plans to raise close to Rs 10,000 crore from the capital market through infrastructure investment trusts (InvITs).
Jun 20, 2022 Arunachals Sela tunnel project to be completed by year-end The Sela tunnel project in China-bordering Arunachal Pradesh that will allow faster deployment of weapons and soldiers to forward areas in the Tawang sector has been delayed due to a prolonged winter that slowed down construction activity, and it is now expected to be completed by the year-end.
Jun 20, 2022 Centre approves Rs 14,000 crore Vijayawada-Guntur express Highway project National Highways Authority of India (NHAI) has started work on the construction of the Vijayawada-Nagpur Express Highway. The Greenfield-Brownfield Express Highway will connect Vidarbha in Maharashtra with the aim of further accelerating the transportation of industrial and agricultural products.
Jun 20, 2022 MoU sign for Rs 5,855 crore elevated expressway project The Tamil Nadu government signed an MoU with the National Highways Authority of India (NHAI), the Chennai Port Trust, and the Indian Navy for building a double-tiered elevated expressway connecting the Chennai Port and Maduravoyal.
Jun 20, 2022 Navalpur Bridge project to be completed by January 2023 The reconstruction of the existing road-over-bridge at Navalpur has been scheduled to be completed by January 2023. Around 25% of works have been completed so far, said Minister of Handlooms and Textiles R Gandhi while inspecting the ongoing works.
Jun 20, 2022 NHAI plans to award contracts for road projects worth Rs 25,000 crore National Highway Authority of India (NHAI) said it aims at awarding contracts worth Rs 25,000 crore for 270 km road projects in West Bengal during the current fiscal.