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Coming soon! New Expressway from Delhi to Agra

Last Updated: Monday, September 14, 2015, 15:21

The new Delhi-Agra Expressway will be 200 kilometre long. The government will also build six new highways in the country.

IRB Infra in pact with NHAI for Rs 2,650-cr road project

Last Updated: Thursday, September 3, 2015, 11:20

IRB Infrastructure Developers on Thursday said it has executed concession agreement with NHAI for Rs 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh.

Ind-Ra assigns 'IND AAA' rating to NHAI's tax-free bonds

Last Updated: Wednesday, September 2, 2015, 16:06

India Ratings and Research (Ind-Ra) has assigned NHAI's proposed Rs 24,000 crore tax-free bonds a long-term 'IND AAA' rating with stable outlook on the back of statutory status and financial as well as other linkages from the government.

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Last Updated: Saturday, August 29, 2015, 10:41

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.

Developers allowed to divest 100% equity in road projects

Last Updated: Wednesday, August 26, 2015, 22:47

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

Govt to develop 15,000 km of NH at Rs 1.9 lakh crore

Last Updated: Monday, August 3, 2015, 16:37

To improve connectivity with far- flung areas including major tourism centres, the government plans to develop 15,000 km of National Highways (NH) at an estimated cost of Rs 1,90,000 crore.

IRB infra arm ties up Rs 1,400 cr for NHAI project

Last Updated: Tuesday, July 28, 2015, 14:30

IRB Infrastructure Developers Ltd Tuesday said its subsidiary has tied up Rs 1,400 crore funds to execute a project awarded by National Highway Authority of India.

Centre aims to build 30 km NH every day: Nitin Gadkari

Last Updated: Friday, July 10, 2015, 19:58

He said his ministry had already set a target to spend Rs 5 lakh crore in road infrastructure and Rs one lakh crore in inland water projects within five years.

IRB Infrastructure bags Rs 2,650-cr contract from NHAI

Last Updated: Tuesday, July 7, 2015, 16:19

The cost of the project is estimated at Rs 2,650 crore with construction period of 910 days and the concession period for the same is 24 years.

NHAI invites applications from developers for fund infusion

Last Updated: Sunday, June 21, 2015, 12:01

The government last month allowed the National Highways Authority of India (NHAI) to provide funds to projects that are in advanced stages of completion but are stuck due to equity crunch.

Govt allows cos to exit road projects; NHAI to fund stalled ones

Last Updated: Wednesday, May 13, 2015, 13:17

The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.

Government approves Rs 5,529-cr highway projects

Last Updated: Wednesday, April 22, 2015, 23:11

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.