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 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,...
LIC to invest Rs 30,000 crore in NHAI via long-term bonds
The move comes as the highways ministry faces stiff targets to raise funds outside ...
There are good opportunities for new assets at NHAI level: Varun Mehta, Sadbhav Infra
Sadbhav Infra's strategy is to develop new assets for better IRR, says CFO.
Will propose separate finance arm for NHAI to finance ministry: Nitin Gadkari
A committee will also be set up to resolve the matter and find a way out on how banks can be friendly for infrastructure projects particularly when the sector is moving fast.
Welspun Enterprise inks agreement with NHAI for Rs 2,005 crore project in Tamil Nadu
The construction period is two years and WSNRPL has received a firm sanction letter from lenders for this project, the company said in the filing.
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.
More state projects may offset NHAI ‘hit’ for road builders
Among states, Uttar Pradesh is likely to see the highest expenditure.
CBI books infra firm for alleged cheating to the tune of Rs 1,000 crore
The matter pertains to four-laning of 163-km stretch on NH-33 connecting Ranchi to Jamshedpur for which the National Highways Authority of India had chosen Madhucon Project Ltd on March 18, 2011.
Madras HC directs NHAI to provide VIP lane in all toll plazas
The Madras High Court today directed the National Highways Authority of India (NHAI) to take steps for providing a separate lane at toll pla...
NHAI invites bids to lease out eight national highways for 30 years
The eight highway stretches identified for bidding are spread across West Bengal, Bihar and Rajasthan, and have total length of 586 km.
Tatas in talks with GIC to sell roads business
A Tata Realty and Infrastructure subsidiary owns the four NHAI toll road projects that are on offer as group looks to exit the business.
NHAI secures Rs 25,000-crore loan from state bank
Bank lending to infrastructure sector had almost dried up forcing highways minister Nitin Gadkari to reach out to banks last month to get them to resume funding the sector.
LIC offers Rs 1.25 lakh crore line of credit by 2024 to fund highway projects: Nitin Gadkari
The Minister said that the line of credit will be used to fund the ambitious Bharatmala project.
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.
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