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.
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...
Success of TOT critical for meeting funding requirements for Bharatmala: ICRA
The success of the third round of Toll-operate-Transfer (TOT) b...
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.
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'.
NHAI in sound fiscal health with strong projects pipeline: Chairman NN Sinha
The National Highways Authority of India (NHAI) is on its way to construct about 4,500 km of projects, higher by about 1,000 km than last year's 3,300 km of projects, he 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.
Collections go up after toll payments made easier via FASTag
The payments are automatically debited with a lag of 10 minutes from the bank account linked with the FASTag.
NHAI identifies projects worth Rs 30,000 cr to be offered on PPP mode
The NHAI has identified various stretches on a pan-India basis that will be constructed through the PPP mode on the build-operate-transfer (toll) basis, the Ministry of Road Transport and Highways said in a statement.
Soon commuters to zoom down Delhi-Meerut Expressway at 120/100 kmph
NHAI is going to write a letter to the Delhi Police for raising the speed limits on the Delhi-Meerut Expressway.
NHAI may revert to build-transfer-operate model: Icra
The rating agency, in its earlier observation, said that it has already highlighted the importance of speeding up the TOT awards and other fund-raising initiatives to meet the large funding requirements of the ambitious programme.
NIIF to invest equity in road projects in India
NIIF on Monday signed an MoU with the NHAI to form a SPV to execute fund arrangement for large sized road projects, particularly green field, which will be executed by NHAI.
500-tonne waste to help build 100km of highways by October-end
Though the Indian Roads Congress had come out with a code to enable use of waste plastic in 2013, it never took off.
NHAI, SBI in talks to monetise highways
Last week, road transport and highways minister Nitin Gadkari said he was in talks with a “big bank” to monetise around 50 projects of NHAI to raise Rs 50,000 crore.
NHAI to prioritise road projects on financial viability
Projects with high traffic density, quick monetisation to be taken up first.
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