Page 7 - National Highways Authority Of India

NHAI to focus on execution, not on awarding new road projects: CRISIL

NHAI's debt has risen eight times from fiscal 2014 to Rs 1.8 trillion fiscal 2019, primarily because of spiralling costs of land acquisition in the roads sector

How 'national highway' status for roads is hurting govt's finances

Nomenclature leads to reduction in toll revenues for the existing highways

NHAI seeks Rs 25,000-cr additional budgetary support for highway projects

The NHAI has the approval to raise Rs 75,000 crore in borrowings during the current year, while the government support is Rs 36,691 crore

Sukhbir Singh Sandhu succeeds Nagendra Nath Sinha as new NHAI Chairman

Senior IAS officer Sukhbir Singh Sandhu on Monday took over as the chairman of National Highways Authority of India (NHAI). Sandhu succeeds Nagendra Nath Sinha who has been appointed as the Secretary, Department of Border Management. "Dr Sukhbir Singh Sandhu has taken over as Chairman, NHAI, today. He is an IAS Officer of 1988 batch Uttarakhand cadre, who has held important positions in the central government and the Government of Uttarakhand, Government of Uttar Pradesh and Government of Punjab," NHAI said. Sandhu was Additional Secretary, Department of Higher Education, Ministry of Human Resource Development. He has done his MBBS from Government Medical College, Amritsar and Master's Degree in History from Guru Nanak Dev University, Amritsar and he is also a law graduate. "He has vast experience in field of state roads, infrastructure development, PPP projects, finance, urban development, environment, health & family welfare, tourism, revenue administration, rural development, .

NHAI recruitment 2019: Apply for 30 Deputy Manager posts on nhai.gov.in

Interested candidates are requested to apply for the NHAI Deputy Manager posts on or before October 31, 2019 on the official website - nhai.gov.in

Automobile slowdown: Number of vehicles crossing toll gates slowing

While traffic and toll collection will take a hit in FY20, toll rates may not rise much in FY21 owing to a lower wholesale price index (WPI)

Rs 30,000-crore road projects identified under built operate transfer

In sync with norms on hybrid-annuity and EPC contracts, NHAI has identified stretches of approximately 935 km across India, which will be constructed on built operate transfer (BOT) toll mode

NHAI to put existing highway projects under infrastructure investment trust

It is learnt that the National Highways Authority of India (NHAI) would prefer brown-field projects over greenfield contracts for InvIT

NHAI's maiden infra investment trust plan unlikely to see foreign interest

The minister met bankers, foreign investors and road developers as part of a road show for the NHAI's monetisation of a third bundle of roads under the TOT model

How Gadkari is planning to attract investors, monetise highway projects

IRB InvIT offered six completed road assets, covering 3,000 km across five states

NHAI to offer roads as collateral, in talks with SBI to fund projects

Only SBI has agreed in-principle for the securitisation model

Red signal for NHAI

Its debt-fuelled expansion is a reason for worry

New speed breaker on India's road to $ 5 trn economy; NHAI's mounting debt

NHAI's debt has increased seven-fold in the past five years

CAG raises concerns over burgeoning costs of NHAI's projects, cautions govt

The PMO also suggested that the NHAI monetise its road assets base through toll-operate-transfer (TOT) auctions

Highway road map: Bidder selection criteria for BOT projects may ease

The revision or tweaking of documents for BOT becomes essential in the current scenario as the government moves the focus away from the HAM model

Govt plans to fund highways by issuing bonds with attractive returns

Gadkari said the government might raise funds by issuance of bonds and proposed an attractive rate of return of around 7.5-8 per cent

NHAI suffers Rs 4-bn loss on non-recovery of damages from realty developers

Authority failed to recover damages of Rs 851.9 million from four concessionaires

Rate of growth in building national highways hits speed bump in 2017-18

But length of roads constructed more than doubles in 4 years

NHAI to award 3,500 km of work by Dec end in a bid to speed up projects

Some of the projects that were bid out this year include Dwarka Expressway in Delhi, Varanasi Ring Road Phase-II in Uttar Pradesh, Khambataki Ghat 6-lane Tunnel on Pune - Satara Section in Maharashtra

Govt to incentivise faster implementation of highway contracts

Plans to offer up to 10% of project cost as bonus to contractors, compared to 5% at present