Highway projects | Business Upturn

Delhi-Dehradun highway by 2023, travel time cut to 2 hours

Ushma Ghosh — Sat, 27 Feb 2021 12:08:10 +0000

Union minister of street transport and highways Nitin Gadkari on Friday introduced the new financial hall between Delhi and Dehradun in Uttarakhand. The 210km six-lane specific freeway is scheduled to be accomplished by 2023 and as soon as completed the route will cut back the journey time from the national capital to Dehradun from five hours to two hours.

“Announced the new Economic Corridor of Delhi-Dehradun for Uttarakhand today. The total cost of this 6-lane project of 210 km total length is 12,300 crores. The project will be awarded by August 2021 and will be completed by 2023,” Gadkari tweeted in Hindi.

उत्तराखंड के लिए आज दिल्ली-देहरादून के नये इकोनॉमिक कॉरिडॉर की घोषणा की। 210 किमी कुल लंबाई के 6-लेन के इस परियोजना की कुल लागत 12,300 करोड़ है। अगस्त 2021 तक यह परियोजना अवार्ड हो जाएगा और 2023 तक पूर्ण होगा।

— Nitin Gadkari (@nitin_gadkari) February 26, 2021

The Delhi-Dehradun Economic Corridor will provide new connectivity to the holy website of Haridwar in Uttarakhand. The new connectivity for Haridwar will likely be offered by the route passing via Basera, Manakpur, Khataferi, Roorkee, Mehberkalam.

According to the transport ministry, the Delhi-Saharanpur-Dehradun Economic corridor, which is currently under construction, is expected to be operational nearly two years from now. Here are key things you need to know about the Delhi-Dehradun expressway:

The new expressway will reduce the distance between Delhi and Dehradun by 235 kilometres to 210 kilometres and the travel time will reduce to 2.5 hours from 6.5 hours now. The expressway would allow a minimum speed of 100km/hour.
It will also have 10 elevated roads. This will be the first expressway in India to have a 12 kilometre long elevated corridor for protecting wildlife.
At every 25-30 kilometre on the expressway, wayside amenities will be placed to enhance the experience of the commuters. “Closed toll mechanism would be adopted to enable pay toll only to the extent of highway used,” the release mentioned.
Union transport minister Nitin Gadkari on Thursday said construction work for the expressway will be awarded by June.
The expressway is expected to give a boost to tourism in Uttarakhand and will help improve the economy of the region.

Adani Enterprises bags project worth Rs 1,838.1 crore from NHAI

Sanah Shah — Thu, 14 Jan 2021 07:31:01 +0000

Adani Enterprises Limited emphasizes nurturing successful businesses as India’s appetite for infrastructure grows. The company announced another Hybrid Annuity Road Project from National Highways Authority of India (NHAI). This project is in relation to their vision of nation-building, they focus on increasing infrastructure to boost India’s socio-economic growth.

CNBC reported that this project is worth Rs 1,838.1 crore.

The company has received a letter of award from NHAI. AEL participated in a tender issued by NHAI under Hybrid Annuity Mode. The road project in the state of Kerala is mentioned below –

Six Laning of Azhiyur to Vengalam section of NH-17 (New NH-66) from Des. Ch. 189+200 (Ex. km 188+000) to Des. Ch. 232+100 (Ex. km 230 + 400) [except Six layings of Paloli to Moorad section from Des. Ch. 203+000 (Ex. km 201+590) to Des. Ch. 205+100 (Ex. km 203+900)] in the State of Kerala on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojna.

AEL said that they would continue to scout and bid for opportunities in the transport sector which creates value for its stakeholders.

Chinese firms barred from participating in Highway Projects, says Nitin Gadkari

Akul Puri — Wed, 01 Jul 2020 11:50:05 +0000

After the unprecedented ban on the Chinese apps, the government of India has taken yet another move by forbidding the Chinese companies to participate in highway projects. The Union minister, Nitin Gadkari, announced on Wednesday that India will not allow Chinese companies to invest in the highway projects.

“We will not give permission to joint ventures that have Chinese partners for road construction.” said the Mr. Gadkari. In a statement to the Press Trust of India, he further added that “we have taken a firm stand that if they (Chinese companies) come via joint venture in our country, we will not allow it”.

The Union Minister also gave an assurance by stating that the government will ensure that various sectors like Micro, Small and Medium Enterprises (MSMEs), don’t entertain Chinese investors. At the same time, he also mentioned that a policy, focusing on banning Chinese investments and relaxing norms for expanding the eligibility criterion to increase India’s participation, is under process.

This decision of banning Chinese companies’ investments in road infrastructure would be applicable on the ongoing and the future projects as well. It is important to be considered that only a few projects are in process which were taken in joint ventures with some Chinese companies earlier. The minister asserted that rebidding would be done if there are any projects in joint venture with Chinese companies.

While elucidating further on the decision, he mentioned that the norms for local companies will be relaxed enabling small scale companies to take large scale projects. He re-emphasized on the fact that foreign investment promotion is crucial to the Modi government. However, no investment propositions would be considered from any Chinese company from now.

The government has taken this move in just three days after the ‘digital surgical strike’ conducted by banning 59 Chinese apps including the widely consumed TikTok. While the ban was put to ensure data security of the Indian users, the move attracted a strong reaction from the Chinese government. The foreign ministry spokesperson told the media that the country was “strongly concerned” with India’s move and urged India to oblige with the responsibilities towards the foreign investors including Chinese companies.