Nitin Gadkari stresses upon making public transport people friendly, safe, pollution-free
The Minister for Road Transport & Highways and MSMEs also asked the state governments to motivate people for safer movement on road, with the involvement of non-governmental organisations (NGOs), using social media on major basis for awareness and education about road safety measures.
Bharatmala projects likely to be awarded by 2023
The first phase of the Bharatmala scheme approved in 2017 includes construction of 24,800 km...
Adani Enterprises wins Rs 1,838-cr highway project from NHAI in Kerala
"Adani Group is pleased to announce the award of another hybrid annuit...
NHAI begins planning for Bharatmala Phase-II
The National Highways Authority of India (NHAI) has identified roads with a cumulative length of 5,000 kilometres to be built under the Bharatmala Phase-II project, a senior government official said.
NHAI plans to raise Rs 65,000 crore in FY22
The National Highways Authority of India will bank on infrastructure investment trust (InvIT) and toll-operate-transfer among other models for raising the money, a top official told ET.
NHAI readies launch of first government-sponsored InvIT
“We are hoping that the InvIT should be operational by March end,” the official told ET, requesting not to be named. “There are five to six projects which are operational, and we have a good revenue stream, which will be transferred to the InvIT.”
Toll collection through FASTag in Dec increases by over Rs 200 cr to Rs 2,304 cr
The increased revenue comes after the government announced mandatory rollout of FASTag from January 1, 2021, though it has allowed hybrid lanes on National Highways till February 15 to avoid inconvenience to people.
NHAI to use software to track delays in files processing, says Union Minister Nitin Gadkari
In June last year, the National Highways Authority of India had said that it has become the first construction sector organisation to go 'fully digital' with cloud-based Data Lake Software.
User fee collection through FASTag crosses Rs 80 cr per day with record 50 lakh transactions: NHAI
With FASTag being mandatory for vehicles from January 1, 2021, the NHAI has made all necessary arrangements to provide seamless movement of vehicles at toll plazas.
NHAI to Invite private companies to build logistics parks
The government had given approvals for around 35 multi-modal logistics parks as part of Bharatmala, its flagship highways development programme.
After NHAI, Sebi pulls up UP Power Corporation for disclosure lapses
In a show cause notice sent to UP Power Corporation in July 2020, the regulator accused UP Power Corporation of violating the listing norms in as many as 18 different instances.
India needs to monetise infrastructure assets to raise funds to invest further: Nitin Gadkari
The country needs to monetise infrastructure assets to raise funds to invest further, said Nitin Gadkari, union minister for road transport and highways and micro, small and medium enterprises.
National Highways Authority of India's multimodal logistics parks in the fast lane
The authority is in the process of setting up a separate entity under it that will look after the multimodal logistics parks and port connectivity projects, a senior government official, aware of the developments, told ET. The new company will build multimodal logistic parks and 1100 kilometres of port roads.
National Highways Authority of India forms SPV to fund Delhi-Mumbai Expressway
The 1,300-km long Delhi-Mumbai greenfield expressways is one of the flagship projects of Bharatamala, India’s highways development program. The SPV has been registered under the name of ‘DME Development Ltd.’ and will be wholly owned by NHAI, a source told ET.
National Highways Authority of India eyes asset monetisation as TOT model skids
Singapore-based Cube Highways, which bagged TOT-3 bundle in November 2019 quoting Rs 5,000 crore, has so far not made the payment to NHAI.