The growth in road project awards by the National Highways Authority of India (NHAI) could reach 9-11 per cent in FY26, according to a report by Axis Securities.
"We are constructing a new airport (terminal). It will be the most beautiful airport in the country and the PM will inaugurate it in November along with a 6-lane road...," Sarma told reporters here.
Manipur is witnessing transformative development through improved road infrastructure, especially in remote hill districts like Ukhrul. Under central schemes such as PMGSY and NHDP, over 1,000 kilometres of road projects have been initiated, with several already completed. These better roads
Rajasthan Deputy Chief Minister Diya Kumari on Monday expressed gratitude to Prime Minister Narendra Modi and Union Road Transport and Highways Minister Nitin Gadkari for approving Rs 1,914.71 crore for 40 state road projects under the Central Road Infrastructure Fund (CRIF).
Prime Minister Narendra Modi on Thursday said improving connectivity remains one of the main achievements of his government, which has, over the past decade, ushered in a slew of rail and road projects, including in the Northeastern state of Sikkim.
The government's decision to raise Additional Performance Security (APS) requirements for aggressively bid road projects is a constructive step but it alone may not sufficiently address the irregularities in the responsible bidding, said CareEdge in a report.
In the meeting, both leaders discussed the ongoing NH projects in Assam and explored ways to further strengthen the surface communication network across the state. Several ongoing important road projects came up for discussion as well as new projects.
The tightening of bidding norms by Ministry of Road Transport & Highways (MoRTH) through requirement of additional performance security (APS) will ease competitive pressure in Central Government Road projects, said credit rating agency ICRA.
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday conducted a ground inspection of the Herbert Bandha Four-Lane Road project in Gorakhpur and approved projects worth more than Rs 700 crores aimed at enhancing connectivity in the region.
The central and state governments have announced Rs 3.9 lakh crore of investment in road infrastructure in the financial year 2024-25 (FY25), according to a recent report by Bank of Baroda.
Union Minister of Road and Highways Nitin Gadkari and Madhya Pradesh Chief Minister Mohan Yadav laid the foundation stone and inaugurated 10 National Highway projects and related infrastructure construction works worth over Rs 5,800 crore for the state at a program held in Badnawar, Dhar dis
Earlier on Sunday, Prime Minister Narendra Modi laid the foundation stone and dedicated to the nation various rail and road projects worth over Rs 8,300 crore in Rameswaram, Tamil Nadu.