PNC Infratech established a wholly-owned subsidiary (WOS) business called “Varanasi-Kolkata Highway - Package II” as a special purpose vehicle (SPV) to carry out a project that the National Highways Authority of India (NHAI) had approved. The BharatmalaPariyojana in Bihar is funding the construction of a greenfield, sixlane Varanasi-Ranchi-Kolkata highway.

The National Highways Authority of India (NHAI) is working towards developing around 10,000 kilometres of Optic Fibre Cables (OFC) infrastructure across the country by 2024-25.

The infrastructure investment trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assets from its parent firm the National Highways Authority of India (NHAI).

State-owned National Highways Authority of India (NHAI) plans to raise close to Rs 10,000 crore from the capital market through infrastructure investment trusts (InvITs).

The Sela tunnel project in China-bordering Arunachal Pradesh that will allow faster deployment of weapons and soldiers to forward areas in the Tawang sector has been delayed due to a prolonged winter that slowed down construction activity, and it is now expected to be completed by the year-end.

National Highways Authority of India (NHAI) has started work on the construction of the Vijayawada-Nagpur Express Highway. The Greenfield-Brownfield Express Highway will connect Vidarbha in Maharashtra with the aim of further accelerating the transportation of industrial and agricultural products.

The Tamil Nadu government signed an MoU with the National Highways Authority of India (NHAI), the Chennai Port Trust, and the Indian Navy for building a double-tiered elevated expressway connecting the Chennai Port and Maduravoyal.

The reconstruction of the existing road-over-bridge at Navalpur has been scheduled to be completed by January 2023. Around 25% of works have been completed so far, said Minister of Handlooms and Textiles R Gandhi while inspecting the ongoing works.

National Highway Authority of India (NHAI) said it aims at awarding contracts worth Rs 25,000 crore for 270 km road projects in West Bengal during the current fiscal.