Road Ministry hopes to construct over 12,000 km of roads in FY24
ROADS & HIGHWAYS

Road Ministry hopes to construct over 12,000 km of roads in FY24

The Ministry of Road Transport and Highways expects to construct anywhere between 12,000 and 13,000 km of national highways in 2023-24, which will be the second highest national highways construction in the country. The highest annual construction so far has been 13,327 km in 2020-21 while the secon...

The Ministry of Road Transport and Highways expects to construct anywhere between 12,000 and 13,000 km of national highways in 2023-24, which will be the second highest national highways construction in the country. The highest annual construction so far has been 13,327 km in 2020-21 while the second highest was 10,855 km in 2018-19. The ministry completed construction of 7,685 km till the end of January 2024. It had set a construction target of 13,814 km for FY ’24. Anurag Jain, Secretary, Road Transport and Highways, said that doing 4500-5000 km in the remaining two months will help achieve anywhere between 12,000 and 13,000 km in the current financial year, which will be the second best achievement. According to Jain, the current FY will see highest-ever four-lane roads being constructed and highest-ever speed highways with capacity augmentation pegged at 9,500 km. In a related development, as per Ministry of Statistics and Programme Implementation (MoSPI), projects worth Rs.1.5 billion, out of 1,821 projects, 431 reported cost overruns and 780 projects were delayed.

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Infrastructure Transport

Odisha to Develop Four New Airstrips in Western Region

The Odisha government has announced plans to develop four new airstrips in western Odisha, increasing the region’s total number of airports to eight. The new airstrips will be located at Jamadarpali (Sambalpur), Satibhata (Bargarh), Gotma (Nuapada), and Tusura (Balangir), as confirmed by Transport Minister Bibhuti Jena in response to a query from Balangir MLA Kalikesh Singh Deo in the state assembly. Currently, western Odisha has four operational airports—Jeypore (Koraput), Veer Surendra Sai Airport (Jharsuguda), a small airport in Rourkela (Sundargarh district), and an airstrip at Utkela..

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Infrastructure Energy

Western Coalfields Bids for Two Coal Blocks in Commercial Auction

In a strategic move to overcome limited reserves and challenging geo-mining conditions, Western Coalfields Ltd (WCL) has participated in the bidding for two coal blocks under the 11th tranche of the commercial coal blocks auction, marking the first-ever participation of a Coal India subsidiary in such an auction. WCL has placed bids for the Bandhak West and Dahegaon Makardhokra IV non-coking coal blocks, both located in Maharashtra and close to the company’s existing mining operations. Chairman and Managing Director Jai Prakash Dwivedi highlighted that securing these blocks would allow WCL ..

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Infrastructure Urban

Assam Cabinet Approves Major Investments, Urban Development, and Policy Reforms

The Assam state Cabinet, led by Chief Minister Himanta Biswa Sarma, has approved a series of strategic investments, urban development projects, healthcare reforms, and policy updates in the textile and biotechnology sectors. A key highlight of the meeting was the approval of Memorandums of Understanding (MoUs) set to be signed at the upcoming Advantage Assam Summit. The summit, Assam’s premier global investment forum, aims to position the state as a major economic hub in the Northeast by attracting investments across industries such as manufacturing, logistics, IT, and renewable energy. Hav..

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