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.
Paying by cash? Pay up ‘penalty’ at toll plazas
Government is now planning to charge a 10-20% surcharge on commuters not using e-tolling.
Gadkari has big plans to push India's infrastructure
The plans include offering attractive schemes to private players, such as the already id...
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.
Dilip Buildcon bags Rs 770 crore road project from NHAI
The project is for rehabilitation and upgradation of two-lane to four-lane of national highway stretch Dagamagpur-Lalganj section of NH-7, it said.
Pick projects wisely, panel tells NHAI; Cong pans govt over debt
The missive comes in the light of limited availability of funds for the highways sector and with the NHAI having to depend on borrowings to run its show.
NHAI to raise Rs 8,000 crore to lower fund cost
Four rating agencies — Crisil, Care Ratings, India Ratings and Icra–– had placed bids for rating the upcoming NHAI bond issue.
FASTag: How GST will cruise ahead with new-age tech
It employs Radio Frequency Identification (RFID) tech for making toll payments directly from the account linked.
Maintain highways or else toll will be halved: NHAI’s warning to officials
Sources said this is one of the rare occasions when NHAI has decided not to challenge an order in its bid to send a message to highway operators that people pay toll for good service.
NHAI creates National Highways Investment Promotion Cell
The government has set an ambitious target of construction of 35,000 km of national highways in the next five years involving an investment of Rs 5,35,000 crore under Bharatmala.
NHAI looks to build 1,100-km highways in March to meet FY18 target
As far as target for awards of 10,000 km for the fiscal is concerned, the NHAI had awarded projects for a length of nearly 2,700 km, costing Rs 43,000 crore till January.
National Highway construction target raised to 45 km a day
The official, who spoke on condition of anonymity, said the target for awarding construction contracts had been fixed at 20,000 km, almost 3,000 km more than what the ministry awarded last year.
Government may rebid or buy IL&FS’ road projects
IL&FS is currently undertaking two important projects for the government in the state of Jammu and Kashmir. These are Z-Morh tunnel and Zojila Pass tunnel project.
Dilip Buildcon wins Rs 1,004 crore highway project in Madhya Pradesh from NHAI
The project involves construction of road tunnel, viaduct and Churhat Bypass of Rewa Sidhi Section of NH 75E in Madhya Pradesh on build, operate and transfer mode.
Government may offer to bail out highway projects of IL&FS
Government sources, however, indicated that the special package for IL&FS could be a one-time measure since the company has now been taken over by the government.
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