New Delhi, July 13 (IANS) India’s road infrastructure developers are targeting asset monetisation worth around Rs 40,000 crore through Infrastructure Investment Trusts (InvITs) in FY27 as they seek to unlock capital, reduce leverage and support future expansion, according to a report released on Monday.The report by Brickwork Ratings highlighted that the sector is also aiming for the award of nearly 10,000 km of new highway, expressway and high-speed corridor projects during the financial year, …
Latest Road Infrastructure News & Updates
Gandhinagar, July 10 (IANS) Work to extend the Ahmedabad-Dholera Expressway to Bhavnagar will begin within the next three months, Union Road Transport and Highways Minister Nitin Gadkari has said.He said this while holding a high-level review meeting with Gujarat Chief Minister Bhupendra Patel on the progress of National Highway projects across the state on Thursday.The meeting in Gandhinagar focused on the implementation of key highway and expressway projects, land acquisition, funding and meas…
Gandhinagar, July 9 (IANS) Union Road Transport and Highways Minister Nitin Gadkari and Gujarat Chief Minister Bhupendra Patel on Thursday reviewed the progress of various National Highway projects under implementation across the state during a meeting in Gandhinagar. The meeting was held on the sidelines of Gadkari’s visit to Gujarat, where he inaugurated ‘Prawas 5.0’, the multimodal transport show organised by the Bus and Car Operators Confederation of India (BOCI).Sharing details of the meeti…
New Delhi, June 9 (IANS) The National Highways Authority of India on Tuesday rolled out a series of technology-driven initiatives aimed at modernising maintenance practices across National Highways and Expressways, with a focus on improving road quality, operational efficiency and the overall travel experience for commuters.As part of the move, NHAI has issued comprehensive guidelines mandating mechanised maintenance of drainage systems in urban and built-up areas, along with the deployment of a…
Gandhinagar, May 24 (IANS) Gujarat is advancing towards environmentally friendly and sustainable development through the modernisation of its road infrastructure. To add strength to the state’s green corridors, the state government is set to undertake Rs 1,147 crores project, for the construction of climate-resilient roads using modern technology. Work on 20 roads across various districts of the state will begin using green technology, with old road materials being reused to reduce costs and pro…
New Delhi, Feb 13 (IANS) In a major effort to enhance infrastructure in Assam, the Centre on Friday announced the approval of ten road and 16 bridge development projects.Union Road Transport and Highways Minister Nitin Gadkari announced the approval of Rs 617.98 crore for 10 road development projects in Assam under the Central Road Infrastructure Fund (CRIF) Scheme, along with an additional Rs 129.74 crore sanctioned for 16 bridge projects under the CRIF Setu Bandhan Scheme.In a post on X, Gadka…
Ahmedabad, Feb 4 (IANS) With a focus on major infrastructure, mobility, environmental sustainability, and sports facilities linked to preparations for the 2030 Commonwealth Games, the Ahmedabad Municipal Corporation (AMC) on Wednesday presented its Draft Budget for 2026-27 with a total outlay of Rs 17,018 crore.The draft estimates revenue expenditure at Rs 7,150 crore and capital expenditure at Rs 9,868 crore. Presenting the budget, Municipal Commissioner Banchhanidhi Pani stated that no new tax…
New Delhi, Dec 25 (IANS) Celebrating 25 years in 2025, the Pradhan Mantri Gram Sadak Yojana (PMGSY) stands out as one of India’s most impactful rural infrastructure initiatives. Launched to ensure all-weather connectivity to previously unconnected rural habitations, the programme has emerged as a key enabler of agricultural growth, employment generation, improved access to education and health services, and poverty alleviation.Since its inception, PMGSY has sanctioned a total of 8,25,114 km of…