Investors hit hard by steep fall in toll collections
The road transport and highways ministry had on March 25 directed the National Highways Authority of India to suspend toll collections across India till April 14.
NHAI starts electronic toll collection at national highways pan-India
"All 523 Toll Plazas of NHAI have been fully equipped with the required...
BOT no more: Is the Build-Operate-Transfer model of road developing dead?
Participation in BOT projects — where private developers build a ro...
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.
NHAI gets Cabinet nod to set up Infrastructure Investment Trust
Under InvIT, highway projects will be bundled to form a special purpose vehicle (SPV) to be offered to investors. The SPV would then be traded on the stock exchanges, and returns will be linked to the InvIT’s performance in the capital market. InvIT as an instrument provides greater flexibility to investors and is expected to create specialized O&M.
Centre gives in-principle nod to Doon-Delhi elevated expressway
The Centre's go-ahead to the project was conveyed to Uttarakhand Chief Minister Trivendra Singh Rawat by the National Highway Authority of India Chairman S S Sandhu who made a courtesy call to the former at his residence here on Monday, an official release said.
Infra players take up land, funding issues with FM Nirmala Sitharaman
FM Nirmala Sitharaman on Wednesday met representatives from the infrastructure industry to understand issues faced by them.
Over 71 hectares handed over to NHAI for Delhi-Meerut expressway
As many as 201 houses were demolished with the help of owners and the target was achieved within 15 days, said District Magistrate Ajay Shankar Pandey.
Looking to slash Rs 70K cr arbitration liability via conciliation: NHAI Chief
The National Highways Authority of India (NHAI) is looking to settle a majority of its arbitration cases, with claims running over Rs 70,000 crore, through conciliation, a move that is likely to reduce its liabilities.
IRB Infra rises 3% on receiving letter of award for Rs 1,755 crore NHAI order
The company has received the letter of award from NHAI for hybrid annuity project under Bharatmala Pariyojana, the company said on Sunday.
FASTag to be available free of charge for 15 days
The applicable security deposit and minimum balance amount for FASTag wallet shall, however, remain unchanged. NHAI had earlier announced for free NHAI FASTag from November 22 to December 15 last year. The government has rolled out the FASTag-based toll collection system across more than 527 national highways in the country.
Finmin nod to NHAI’s ₹50K crore SPV
NHAI’s external financing route was approved at a recent meeting with the finance ministry, the official said, adding that the model would be finalised by July-end. “NIIF is now moving ahead...By and large, the Department of Economic Affairs in the finance ministry has shown willingness to support the model,” the official said.
NHAI downsizes toll-operate-transfer-4 bid by Rs 2,000 crore
The authority has now downsized the package, reducing the base price of the bid—to Rs 2,165 crore.
Sebi revises investment manager eligibility norms for InvITs; allows fast-track rights issuance
Sebi has allowed a combined relevant experience of at least 30 years.
IL&FS crisis: Forensic report finds money laundering of over Rs 6,500 crore
The IL&FS crisis first came to light in July 2018 when ITNL, the road arm, was facing difficulty in making repayments due on its bonds. At least three agencies including the ED, SFIO and Delhi Police are probing into the alleged irregularities in the infrastructure projects undertaken by ITNL and its parent, IL&FS through it other subsidaries.