Adani, Reliance group in race for Mumbai-Pune Expressway
In what could be India's busiest stretch, sale of the toll operation rights on Mumbai-Pune Expressway could fetch at least Rs 8000 cr. SBI Capital Market has been looking for a new operator as IRB Infrastructure’s 15-year contract expired in August.
Concerns over rising debt unfounded, NHAI well on way to achieve targets: Chairman
NHAI plans to construct around 4,500 km of national highwa...
Procurement of rabi harvest may get disturbed, warns AIMTC if NHAI doesn't waive toll during lockdown
Prices of most of the rabi crops have a...
Can NHAI be just an asset management company? PMO seeks response from road ministry
The principal secretary to PM, Nripendra Mishra has attached a list of suggestions the PMO has received regarding the road sector.
NHAI plans to seek new investor for Mumbai-Pune Expressway
NHAI expects the new deal will value the expressway at $1-1.2 billion (Rs 7,000-8,000 crore), said two people close to the development.
Road ministry gears up to raise funds to meet revised targets
The National Highways Authority of India (NHAI) is expected to soon borrow at least Rs 25,000 crore as loan from public sector banks.
Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder
Road construction costs are shooting up. Road infrastructure has become financially unviable.
NHAI eyes Rs 4,995 crore from monetisation of 3rd bundle of highways under TOT model
There are nine highway stretches of 566.27 km in TOT Bundle-3 in states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu.
E-tolling infrastructure set up at 75% of national highways
ET had reported on July 9 that the government planned to make electronic tolling mandatory in a bid to reduce congestion at toll plazas.
NHAI seeks flexibility in mode of project award, to focus on EPC
Under HAM, the government provides 40% of the construction cost. The rest is arranged by the developer. Land acquisition and toll collection are the government’s responsibilities. Private investment via BOT has been subdued in the past few years.
NHAI plans to rope in equity investors for individual road projects
The projects that may go for equity participation could be about Rs 46,000 crore worth new initiatives of expressways like the Rs 7,500-crore Dwarka Expressway.
Eastern Expressway work to be completed by March: NHAI to Supreme Court
The Eastern Peripheral Expressway envisages signal-free connectivity between Ghaziabad, Faridabad, Gautam Budh Nagar (Greater Noida) and Palwal.
NHAI may get favourable response in 3rd road assets auction: ICRA
The third auction assumes significance given that this is coming after an unsuccessful second bundle where investors quoted a discount to the NHAI's base price following which it was cancelled.
E-way bill to be integrated with NHAI's FASTag to track GST evasion from April
The revenue department has set up an officers committee to integrate e-way bill, FASTag and DMIC's Logistics Data Bank (LDB) services, after consultation with transporters.
Road Ministry fixes December 19 as bid deadline for 2nd tranche of 8 road projects under TOT
After huge success of the maiden bundle of nine highway projects under TOT that fetched NHAI Rs 9,681 crore, the government has come out with the second tranche