‘Greener’ roads
Union minister for Road Transport, Nitin Gadkari, announced recently that his government is emphasising on ways to cut down the use of steel and cement in the construction of roads and bridges.
Post Tagged with: "NHAI"
NHAI projects to yield Rs.1.25 lakh Cr
The National Highway Authority of India’s bond issuance is likely to be out in March or April 2018. This was revealed by union road transport minister Nitin Gadkari according to industry sources. Sources claimed that the government was looking at NHAI to use its surplus funds before embarking on the bond issue. The funds allocated for infrastructure development in Budget[Read More…]
NHAI to go public?
Union road transport minister Nitin Gadkari has hinted at inviting public money to fund National Highway Authority of India (NHAI) projects. Industry sources claim that the NHAI IPO is in the works, and will soon get an approval from ministry of finance. The government is confident of raising Rs.10 trillion from investor subscriptions. The minister expects that the NHAI IPO[Read More…]
NHAI bans overloaded vehicles on Pune-Solapur highway
The National Highways Authority of India (NHAI) has banned overloaded vehicles on the Pune- Solapur highway. This is in view of the damage to road infrastructure the overloaded trucks are inflicting. This is resulting in heavy maintenance costs, and is claimed to be a major contributor to road accidents and pollution. The ban, claim sources, will be implemented through specially[Read More…]
