Key projects in hand for India

The Indian Government plans to build a new highway connecting Katra with New Delhi. The route will be some 600km long, running through Punjab, Haryana, Jammu and Kashmir. A consultant is being selected to carry out a feasibility study for the project. The project will cost in the order of US$2.25 billion and will be of importance as Katra is where the Vaishno Devi holy shrine is located. The new link will reduce travel time on the route from 11-12 hours at present to five-six hours when the work is complete
September 7, 2015 Read time: 2 mins
The Indian Government plans to build a new highway connecting Katra with New Delhi. The route will be some 600km long, running through Punjab, Haryana, Jammu and Kashmir. A consultant is being selected to carry out a feasibility study for the project. The project will cost in the order of US$2.25 billion and will be of importance as Katra is where the Vaishno Devi holy shrine is located. The new link will reduce travel time on the route from 11-12 hours at present to five-six hours when the work is complete. Funding for the project will be provided by a hybrid annuity structure that will see the Indian Government pay 40% of the total.

In all there are plans for around 1,000km of highways that have been approved by the Indian Government. The new routes run between Chennai and Bengaluru, Chandigarh and Delhi, Meerut and Delhi, Jaipur and Delhi, Agra and Delhi, Dhanbad and Kolkata, and Mumbai and Vadodara. To plan for future work, the Indian Government plans to set up a Green Highways Fund for its 96,000km National Highways Project. This requires 1% of the total road project cost to be dedicated to tree plantation. The fund will be managed by the National Highways Authority of India (NHAI) while about 1,000 contractors will be selected to carry out the task. Policy for the fund is being formulated by the Road Transport and Highways Ministry.
Finance & Funding Road Structures

Related Content

  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
    Read More
  • Mumbai’s new coastal transport link
    July 6, 2022
    Mumbai’s new coastal road presents an ambitious and challenging project that will help improve the lives of the city’s inhabitants - Mike Woof writes
    Read More
  • India’s key tunnel project attracting new bidding
    June 5, 2017
    India’s massive Zojila Tunnel project in Jammu & Kashmir is attracting new bidding. The National Highways & Infrastructure Development Corporation (NHIDC) is asking for new bids for the project. A number of Indian and international firms are expected to enter bids, with some planning join ventures for the work, which is expected to cost US$1.55 billion.
    Read More

Highlighted Content