Infra companies seek more time to evaluate 3rd bundle of toll-operate-transfer highway projects
The projects are spread across Bihar, Jharkhand, Tamil Nadu and Uttar Pradesh, with a base value of around Rs 4,995 crore.
Infra players take up land, funding issues with FM Nirmala Sitharaman
FM Nirmala Sitharaman on Wednesday met representatives from the infrast...
NHAI invites bids for Toll-Operate-Transfer 4, plans to raise Rs 4,200 crore
With an aim to raise Rs 4,200 crore NHAI has invited bids for it...
NHAI to generate Rs 1 lakh crore annually from toll, other sources in next 5 years: Gadkari
Gadkari said that as the government goes on to build additional roads, the length of roads with tolling system will increase to 75,000 kms over the next five years.
NHAI in talks to make BOT projects attractive
Rebooting the BOT move is part of the govt plan to revive the framework which has failed to woo private firms that were exposed to more risks.
Modi govt sets out on the road to $5 trillion with a Rs 8 lakh-crore first list
The govt has begun the exercise of creating a national infrastructure pipeline to take India to $5 trillion in 5 years.
NHAI to offer TOT projects in smaller bundles: Nitin Gadkari
Gadkari’s ministry is actively scouting for ways to encourage private participation in the sector.
E-tolling mandatory across national highways from December this year
In a letter sent to the NHAI, the highways ministry has asked for conversion of all toll lanes at all national highways to 'FASTag lanes'.
NHAI appeal in SC for highway land sparks furore
After the Madras High Court released the order in April this year, Tamil Nadu chief minister Edappadi K Palaniswami had commented that it would “go by the court order.”
Plans to make electronic toll collection mandatory
At present, about 30% of toll collected across more than 400 toll plazas managed by the National Highways Authority of India (NHAI) is done electronically.
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.
EPFO in talks with NHAI to enhance funding for road projects
The NHAI is in talks with EPFO, which is looking to invest longterm funds in the road sector, two people aware of the matter said.
Success of TOT critical for meeting funding requirements for Bharatmala: ICRA
The success of the third round of Toll-operate-Transfer (TOT) bundle will define the feasibility of the model introduced in 2016 for monetization of publicly-funded highways, the agency said.
Toll revenue to swell to Rs 1 lakh crore per annum in next five years: Gadkari
Gadkari said that of the total 1.4 lakh km highways under NHAI, 24,996 km of highways currently are under the toll ambit and the length will swell to 27,000 km by the year-end.
NHAI seeks proposals to create project monetisation pipeline
NHAI has sought request for proposals for empanelment of agencies ‘for preparation/submission of report on inventory of highway assets'.
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