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Industrial park operator Ganesh Industrial to invest Rs 600 crore in NCR parks
Kolkata's Ganesh Industrial Complex is investing Rs 600 crore in new industrial parks across Delhi-NCR, targeting highway-adjacent locations. The company plans to develop around 110 acres in Haryana, leveraging strong demand from manufacturing and warehousing sectors. Ganesh Complex focuses on outright plot sales, creating integrated industrial ecosystems for clients like Amazon and Reliance, aiming for faster project execution and supply chain efficiencies in this key growth market.
Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 crore
The Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka Expressway to South Delhi, easing congestion and boosting urban mobility. Additionally, a new greenfield highway will link Kanpur and Kabrai in Uttar Pradesh, promising faster travel and improved logistics for regional economic growth.
Delhi-NCR to get highway projects worth Rs 34,000 cr: Gadkari
Delhi-NCR is set to receive a major transport upgrade. Over ₹34,000 crore will be invested in new highway projects. These include expressways, ring roads, tunnels, and elevated corridors. The government aims to create a modern and future-ready transport network. This initiative will boost connectivity, reduce fuel use, and promote economic growth in the region.
PNC Infratech share price jumps 14% after receipt of two highway projects - Mint
PNC Infratech share price jumps 14% after receipt of two highway projectsMint
PNC Infratech share price jumps 14% after receipt of two highway projects
PNC Infratech share price gained 20% in one month, but fell 11% on a year-to-date (YTD) basis. The smallcap stock has declined 20% in one year, and has dropped 48% over the past two years.
PNC Infratech emerges L1 bidder for ₹3,483-crore NHAI highway projects in Uttar Pradesh
Each project has an execution timeline of 24 months. Shares of PNC Infratech Ltd ended at ₹208.50, up by ₹6.35, or 3.14%, on the BSE today, April 21.
More relief steps may be on the way for highway contractors as West Asia war drags
The road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt supply chains. Proposed measures include price compensation, timeline extensions and improved cash flow support, after industry bodies flagged that earlier interim relief fell short of addressing mounting financial stress.
New rules classify highway project failures as catastrophic; to affect contractor ratings & future contracts
New rules define catastrophic failures in highway projects. These failures will impact contractor ratings and future contract awards. Incidents like bridge collapses or pavement failures requiring full replacement are now classified as catastrophic. Implementation agencies must report such events promptly. The National Highways Authority of India has awarded a major ring road project in Odisha to three concessionaires for development.