Page 6 - National Highways Authority Of India

Rocky road for highways

Financing problems hit highways and rural roads

Union Budget 2020: NHAI to borrow less next year while targets elude

In the highways sector, the debt of the National Highways Authority of India has weighed down on the projections for next year

Nitin Gadkari to review 500 stuck, delayed projects worth Rs 3 trillion

Minister of State for Road Transport and Highways VK Singh will also attend the meeting

NHAI kicks off arbitration claim settlement via reconciliation process

The NHAI also raised claims of Rs 145.33 crore, excluding interest, against the concessionaire on account of delays and other issues

IRB, Sadbhav Infra soar up to 5% as NHAI mulls arbitration settlement

In December last year, Union minister for road transport and highways Nitin Gadkar had informed the Parliament that the ministry has 318 ongoing arbitration cases worth nearly Rs 80,000 crore

FASTags to help NHAI bring transparency, check underreporting of collection

One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.

Post rollout, 10.1 mn FASTags issued for electronic toll collection on NHs

The National Highways Authority of India (NHAI) started electronic toll collection through RFID-based FASTags on its 523 toll plazas across the country from December 15 for seamless flow of traffic

Green shoots in infra: Road builders' credit demand switches to fast lane

The first of a three-part series on credit pick-up looks at the road construction sector, which seems to be recovering

Up to 25% of FASTag lanes to be temporarily converted to hybrid lanes

The hybrid lane will accept FASTag and other modes of payment

Cabinet authorises NHAI to set up InvIT to monetise national highways

IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT

Centre okays 22 green express highways, worth Rs 1.5 trillion, in Karnataka

Gadkari said his ministry and the state have sanctioned 2,300 km of new roads where the Detailed Project Report is ready

Schemes worth Rs 14,000 cr afoot to remove black spots from roads: Gadkari

Answering queries during question hour in Lok Sabha, Gadkari stated "black spots" will be identified on different roads including national highways, state highways and municipal roads

NHAI delays third phase of road monetisation; to come with improved offer

NHAI's decision to delay the tender comes within a fortnight of the Union cabinet giving it flexibility to fix the tenure of future road monetisation contracts

Paying cash in FASTag lanes won't invite penalty till December 15

The date has been extended by 15 days to give people more time to enable their vehicles with FASTag

Target to award Rs 50,000-cr highway projects in next 3 months: Gadkari

The projects will cover a length of 4,471 km of highways

NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

NHAI asset monetisation: Cabinet approves TOT model for national highways

The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways or NHAI on a case-to-case basis

Cube Highways' Rs 5,000-cr bid the highest for third lot of TOT projects

The National investment and Infrastructure Fund quoted Rs 4,230 crore while Mumbai-based IRB quoted Rs 3,510 crore

CCEA okays amendments to Toll Operate Transfer model for national highways

The government on Wednesday approved amendments proposed to the Toll Operate Transfer (TOT) model for national highways. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the amendments proposed in the TOT model by the National Highways Authority of India (NHAI), Finance Minister Nirmala Sitharaman said. Public-funded national highway (NH) projects that are operational and have toll revenue generation history of one year after the commercial operations date (COD) will be monetised through the TOT model, she said after the CCEA meeting. The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways/NHAI on a case to case basis, she added. The corpus generated from proceeds of such project monetisation will be used by the government to meet its fund requirements regarding future development and O&M (operations and maintenance) of highways in the country. The model would facilitate efficient toll ...

NHAI to issue land bonds for acquisition from states, other stakeholders

New mechanism will postpone upfront payment