NHAI resumes toll collection amid resistance from truck operators
The ministry of road transport and highways had on Friday asked NHAI to prepare for resumption of toll operations, noting that user fee collection contributes to the government exchequer and also provides financial strength to NHAI in terms of budgetary support.
Speed up project implementation, meet construction targets, Gadkari tells NHAI
In a day-long review meeting held on Thursday, Gadkari told of...
NHAI to resume toll collection on National highways from April 20
Besides construction activity, the home ministry has allowed commercial and...
NHAI on road to cut debt; tax Sops for foreign investors
The government has finally moved to control the rising debt of National Highways Authority of India (NHAI) while allowing tax sops to foreign investors in the budget
Covid-19 hits highway monetisation plan
The national highways building authority has extended the fourth round of auction to monetise operational highways to April, as investors adopt a wait-and-watch mode before deciding on long-term investments.
NHAI clears IL&FS claims of Rs 902 crore
The Khed-Sinnar Expressway (KSEL) is the third incomplete road project of IL&FS whose claim has been cleared by the highways authority.
Land-price skew puts brakes on National Highway projects
High circle rates and varying norms for fixing the rate based on the size of land parcels have made it difficult for the National Highways Authority of India to acquire land for expansion of existing highways in Uttar Pradesh and Madhya Pradesh.
Will stick to EPC in road projects for now: Nitin Gadkari
“We will do more of EPC projects at the moment,” Gadkari told ET in a brief interaction. With the ministry’s priority being monetisation of assets, engineering, procurement, construction (EPC) — which is entirely funded by the government —is the preferred mode of project award, Nitin Gadkari said.
WCL targets 100 MT coal production by FY27: Gadkari
Inaugurating three mines of WCL through video conferencing, the road transport, highways and MSME minister also asked the company to employ more 'sons of the soil' in its projects.
NHAI plans land appreciation taxes to finance projects
NHAI is working on a mechanism to share gains in land value on account of upgradation of highways.
NHAI told to attract private investment, but 4 key member posts lying vacant
Officials said the NHAI is trying to bid out more projects under PPP models such as 'Build, Operate and Transfer' (BOT).
NHAI to raise over Rs 85k crore via asset recycling: Nitin Gadkari
“We are working on raising funds from banks and the market, monetising our assets more aggressively " Gadkari said.
NHAI turns lockdown into opportunity to redress disputes worth Rs 80,000 crore
Sandhu and other top brass of the National Highways Authority of India (NHAI) have been on an inspection spree of projects, taking the benefit of no traffic on otherwise congested highways. NHAI, an official said, has at least 180 cases in arbitration involving a sum of about Rs 80,000 crore.
Extension of concession period for toll road operators unlikely to provide adequate relief: Icra
The Ministry of Road Transportation and Highways (MORTH) had suspended tolling on all national highways for a 25-day period between March 26, 2020 to April 19, 2020.
NHAI's debt has risen over 9 times since 2014-15
The total debt of National Highways Authority of India (NHAI) during financial year 2014-15 when the BJP government took charge, stood at Rs 24,188 crore. In the following years, the outstanding debt of NHAI has risen gradually-- Rs 44,567 crore in FY 16, Rs 77,742 crore in FY 17, Rs 1,21,931 crore in FY 18, Rs 1,78,867 crore in FY 19.