Latest news with #BharatmalaPariyojana
Time of India
4 days ago
- Business
- Time of India
Road ministry to monitor impact of projects under Bharatmala Pariyojana
The Road Transport Ministry will monitor the impact of highway projects. This includes economic, logistical, and social factors. Environmental effects and road safety are also key. The Bharatmala Pariyojana aims to improve connectivity. It also seeks to reduce travel time and logistics costs. Projects covering 26,425 km have been awarded. 18,714 km has been constructed so far. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The ministry of road transport and highways MoRTH ) will now monitor the economic, logistics, social and environmental impact as well as road safety and user experience of all capacity augmentation projects including construction of national highways , expressways and corridors under the Bharatmala Pariyojana - a letter to all state governments and union territories and top officials of its affiliate departments, the ministry said it has finalised the mechanism for monitoring outcome parameters of all capacity augmentation projects, including projects under the Bharatmala Pariyojana I, to be measured periodically at different five outcome parameters for impact assessment include impact on macro economic indicators, improvement in operational efficiency and connectivity including reduction in distance and time of travel, impact on social metrics, impact on environment including improvement in fuel efficiency and improvement in road quality and riding experience including reduction in accidents, the letter per the letter, the outcome parameters for Bharatmala Pariyojana include reduction in time of travel, fuel efficiency, expenditure reduction, comfort in riding and user government, in 2017, approved the Bharatmala Pariyojana covering a length of 34,800 km to improve connectivity and reduce logistic cost in the country. As on October 31, 2024, projects covering a total length of 26,425 km have been awarded and 18,714 km has been constructed with a total expenditure up to Rs .4.72 lakh crore up to November 30, Pariyojana is envisaged to improve the logistics efficiency and connectivity in the country including connectivity to tribal, aspirational and left-wing extremist (LWE) affected districts while reducing accidents on these highways ensuring safer transportation development of high-speed corridors will also reduce the travel time substantially between key economic centers.
Time of India
27-05-2025
- Business
- Time of India
BJD questions coastal highway tender cancellation, BJP hits back
1 2 3 Bhubaneswar: BJD on Tuesday criticised the decision of National Highways Authority of India (NHAI) to cancel the tender for the coastal highway project in Odisha. The opposition party said the cancellation of the tender in such a manner has cast a shadow over the ambitious infrastructure initiative, which has seen no progress despite a decade passing since it was announced in 2015. BJD vice-president and former minister Sanjay Das Burma told a press conference on Tuesday that the decision was a "double betrayal" of the BJP 's promised double-engine growth in the state. The project, part of the Centre's Bharatmala Pariyojana , was originally planned as a 413-km long coastal highway, later reduced to 346 km. "Union minister Nitin Gadkari announced the project in Pipili as a national highway," Das Burma ssaid. He highlighted that while a tender was floated for a 176-km four-lane road from Rameshwar to Ratanpur, the detailed project report (DPR) for the remaining 170-km stretch remains pending. The coastal highway was expected to significantly boost the state's infrastructure, transportation and tourism sectors. Das Burma emphasised its particular importance for Odisha, a cyclone-prone state, where the highway could have facilitated disaster response efforts. BJP defended the tender cancellation, claiming that some technical changes needed to be incorporated in the DPR to ensure timely completion. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo It said the NHAI will rework the tender to make the project more viable for smooth execution. "The previous govt's failure to provide required land caused the project's delay," said BJP MLA Manoranjan Dyan Samantara, asserting that the BJP govt is committed to actual development rather than empty promises. He said the Centre is in no way going to back out from the project. "The coastal highway project will definitely see the light of day. There are some changes that need to be done, and the authorities are working on it," Samantara said.
India Gazette
26-05-2025
- Business
- India Gazette
India's cement sector poised for resilient growth: Report
New Delhi [India], May 26 (ANI): The Indian cement sector is likely to witness a strong growth trajectory, boosted by robust economic factors, substantial infrastructure development and favourable demand-supply dynamics, a recent report by PhillipCapital indicated. According to the report, the country's cement sector, the world's second-largest, is set for an 'impulsive up-move,' because of strong infrastructure and housing demand, favourable government policies, and industry consolidation. IMF and RBI data suggest India's GDP to grow at a pace of 6-7 per cent annually, fuelled by rising demand for cement as it plays a critical role in construction and infrastructure. Various government projects such as Smart Cities Mission, Bharatmala Pariyojana, PM Gati Shakti, and Housing for All contribute massively to infrastructure spending, leading to the growth of the cement sector. Additionally, 50 per cent of India's population is likely to be urban by 2050, as compared to a 35 per cent urban population in 2025, which will create a huge demand for 'residential and commercial construction.' 'Affordable housing schemes and real estate growth, supported by policies like Pradhan Mantri Awas Yojana (PMAY), increase cement consumption. Rising middle-class disposable income fuels demand for private housing and urban redevelopment.' The report said. Furthermore, the report also points out major players in the cement industry as they prepare to meet the rising demand. Industry consolidation, such as Adani's acquisition of Ambuja and ACC, is expected to enhance pricing power and operational efficiencies. 'The 2025-26 Union Budget is expected to maintain high capital expenditure (e.g., Rs11.11 lakh crore allocated in 2024-25), boosting cement demand,' PhillipCapital said. On the demand side, cement demand is expected to grow at a CAGR of 6-8% over 2025-30. However, stable raw material availability (limestone, coal) supports cost-effective production. The report also acknowledges potential risks, including the cyclical nature of the cement industry, volatility in input costs (coal, petcoke, freight), and the possibility of stricter environmental regulations. (ANI)
United News of India
19-05-2025
- Business
- United News of India
Dhruv Consultancy Services Achieves Strong 360% Cons. Net Profit Growth in Q4 FY25
Press Releases » PNN Mumbai (Maharashtra) [India], May 17: Dhruv Consultancy Services Ltd. (BSE – 541302: NSE – DHRUV), one of the leading infrastructure consultancy companies in India, reported an audited financial result for the Q4 & FY25. Key Financial Highlights: Consolidated Key Financial Highlights Q4 FY25 Total Income of ₹ 28.03 Cr, YoY growth of 12.09% EBITDA of ₹ 4.91 Cr, YoY growth of 75.99% Net Profit of ₹ 1.99 Cr, YoY growth of 359.82% Diluted EPS: ₹1.13, YoY growth of 289.66% Consolidated Key Financial Highlights FY25 Total Revenue: ₹103.52 Cr, YoY growth of 25.61% EBITDA: ₹15.78 Cr, YoY growth of 6.96% Net Profit: ₹6.90 Cr, YoY growth of 17.26% Diluted EPS: ₹4.14, YoY growth of 6.70% Speaking on the financial performance, Mrs. Tanvi Dandawate Auti, Managing Director of Dhruv Consultancy Services Limited, Said, 'We are pleased to announce that we did exceptionally well in FY25, driven by consistent project wins and strategic expansion into high-value sectors. This year marked our breakthrough into the railway sector with our General Consultancy contract from West Central Railway, alongside major wins in highways and urban infrastructure across multiple states. With a total contract value of ₹573+ Cr, our execution momentum remains strong. We are confident that this solid foundation, backed by a diversified project portfolio, will continue to propel sustainable growth and long-term value creation for our stakeholders.' Secures Bridge Design Contract from HCC An agreement with Hindustan Construction Company Ltd. for Design Proof Checking services of a two-lane bridge across Agardanda Creek in Maharashtra. The ₹1.09 crore contract (excluding GST) will be executed over a 36-month construction period, followed by a 24-month defect liability period. Wins ₹11.05 Cr General Consultancy Contract from West Central Railway A joint venture with Balaji Rail Road Systems Pvt. Ltd. has been awarded a ₹11.05 crore (excluding GST) General Consultancy contract by West Central Railway. The 24-month assignment marks a significant milestone as the major consultancy win in the railway sector. Awarded ₹6.37 Cr Supervision Contract by NHAI The Company is in partnership with Kaius Consulting, has secured a ₹6.37 crore contract from NHAI for supervision consultancy services during O&M of the Obedullganj–Itarsi section of NH-46 in Madhya Pradesh. The project will be executed over a 60-month period. Secures ₹4.68 Cr Contract for Independent Engineer Services in West Bengal Received Letter of Award for Independent Engineer services on a 43.2 km stretch of NH-116A under Bharatmala Pariyojana (HAM) in West Bengal. The project spans a 24-month construction period and 24-month defect liability period, valued at ₹4.68 crore (excluding GST). Contract Secured for Consultancy Services in Uttar Pradesh Secured a ₹7.85 crore contract (excluding GST) for Authority Engineer consultancy services on two 6-lane greenfield highway packages around Kanpur. The project entails a construction period of 30 months and a 60-month defect liability period. PMC Contract Secured for Indore Master Plan Roads Received a ₹1.25 crore consultancy contract from Indore Municipal Corporation for Project Management Consultancy (PMC) of Master Plan Roads under the Special Assistance Scheme. The project spans 36 months and supports urban connectivity enhancements. Secures ₹1.35 Cr MMRDA Contract for Mumbai Metro Line 5 Supervision ₹1.35 Cr contract from MMRDA as Project Management Consultant for supervising and monitoring Multi Modal Integration facilities at six stations on Mumbai Metro Line 5 (Phase I).
Time of India
14-05-2025
- Time of India
Delhi-Dehradun Expressway delayed again: Public awaits clarity from NHAI on Phase 4 opening since March 2025
Delhi-Dehradun Expressway delayed again: The Delhi-Dehradun Expressway is a big road project. It aims to cut travel time from over six hours to about 2.5 hours. But the project has faced many delays. People are now waiting for clear answers on when it will fully open. Phase 1 is already finished. It covers a 32-km stretch from Akshardham to Baghpat. It was completed on March 2025 itself. But other phases 2.3 & 4 has not officially completed and opened yet. Commuters are still facing problems due to the delay. Dear @NHAI_Official It's been a while there is NO clarity or update on the Delhi-Dehradun expressway. Phase-1 was completed last year itself, when do you plan to get it operational for public?I'm sure you understand there has been suffering for commuters for 2+ years now. There has been no clear update from the National Highways Authority of India (NHAI). Devendra Pratap Singh, an X user, shared his frustration via post. He said people have been suffering for more than two years. Anand Sankar, another X user, also post about the delays. He said the project keeps missing deadlines. Many people feel the same and are growing impatient. Our Delhi Dehradun expressway also keeps missing deadlines. The main reason for the delay is a legal issue. A land dispute in Mandola, Ghaziabad, is still in court. The Supreme Court and High Court had planned to hold hearings in April 2025 already. However, there still isn't any clear update about its opening. Some parts of the expressway are ready. Phase 1 and a 3.4-km section in Dehradun are already in use. But the full 210-km road is not yet open. The expressway includes modern features like a 12-km elevated wildlife corridor over Rajaji National Park. People are hoping the full expressway will open soon. Delhi-Dehradun Expressway: Project overview and current status The Delhi-Dehradun Expressway is a six-lane (expandable to eight lanes) controlled-access highway connecting Delhi to Dehradun via Uttar Pradesh. This expressway passes through key towns such as Baghpat, Shamli, and Saharanpur. The Delhi-Dehradun Expressway project, costing over ₹12,000 crore, is part of the Bharatmala Pariyojana. It includes several engineering marvels such as 113 underpasses, five railway overbridges, and a 12-km elevated corridor to protect wildlife in Rajaji National Park. Delhi-Dehradun Expressway construction is divided into four phases: Phase 1: Akshardham (Delhi) to Khekra (Baghpat) – Completed and partially operational Phase 2: Eastern Peripheral Expressway to Saharanpur – Nearing completion Phase 3: Saharanpur to Ganeshpur (Uttarakhand border) – Advanced stages Phase 4: Ganeshpur to Dehradun – Final stretch with longest wildlife corridor, delayed due to legal issues. What about Delhi - Dehradun expressway ?? Partial openings have eased traffic on some stretches. Phase 4 is yet to open. Once it does, travel time will drop sharply. It will also improve regional connectivity. Economic growth will get a strong boost. Delhi-Dehradun Expressway: Legal proceedings impacting the Opening The expressway's delay is due to a land ownership dispute. It involves a property in Mandola, Ghaziabad. This issue has stalled the final clearance. Without it, full operation can't begin. The Supreme Court had set hearings for mid-April 2025. But now, the High Court's verdict which was expected on April 29, 2025 is set to clear things. I Feel Ashamed Being A BJP Supporter When Toll's Are Started Before Completion of The Delhi Dehradun Expressway Moreover if We Can Answer Who Ask About This All.@nitin_gadkari @OfficeOfNG Delhi-Dehradun Expressway: Regional benefits Besides cutting travel time, the expressway has Asia's longest elevated wildlife corridor. It runs over Rajaji National Park. It helps protect animal migration routes. This will help protect both local communities and ecosystems. FAQs 1. Why is the Delhi-Dehradun Expressway delayed? Answer: The Delhi-Dehradun Expressway delay is primarily due to a legal dispute over land in Mandola, Ghaziabad. 2. When is the Delhi-Dehradun Expressway expected to open fully? Answer: The full opening of Delhi-Dehradun Expressway is projected for late 2025. There's a pending High Court's verdict yet to come. 3. What is the length and design of the Delhi-Dehradun Expressway? Answer: The expressway is approximately 210 km long, six lanes wide, and includes a 12-km elevated wildlife corridor over Rajaji National Park. 4. How much will the Delhi-Dehradun expressway reduce travel time? Answer: It will cut travel time between Delhi and Dehradun from around 6 hours to approximately 2.5 hours. 5. What are the environmental features of the Delhi-Dehradun expressway? Answer: It features Asia's longest elevated wildlife corridor to protect animals and reduce human-wildlife conflicts. For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
