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National Highway Authority of India (NHAI) News
National Highway Authority of India (NHAI)
Welspun Enterprise inks agreement with NHAI for Rs 2,005 crore project in TN
Tue, Dec 04, 2018
Welspun Enterprises said Monday it has inked a pact with National Highways Authority of India (NHAI) for a Rs 2,005 crore highway project in Tamil Nadu.
Kundli-Manesar-Palwal Expressway inauguration by PM Modi: Check route, impact on NCR as Delhi gets 4th Ring Road
Sun, Nov 18, 2018
The nine-year delayed road project has been completed recently and is ready to be functional from 19th November (tomorrow).
PM Narendra Modi to inaugurate Rs 1,572 cr NHs in Varanasi
Wed, Nov 07, 2018
Prime Minister Narendra Modi will Monday inaugurate two national highways constructed at a cost of Rs 1,571.95 crore in Varanasi, the government said. The Prime Minister will also launch inland waterways terminal on river Ganga.
Infrastructure sector in India is crumbling, even new models proving unviable; here is key to revival
Fri, Oct 12, 2018
The infrastructure crisis has truly turned into a nightmare for the country - Project delays, costs overruns, stretched liquidity and cashflow mismatch triggered by unrealised payments, lack of access to long-term capital leading to over-dependence on short-term debt that leads to firms defaulting on their obligations.
Infrastructure companies bidding for NHAI projects fall, but top 10 ink major gains
Tue, Sep 04, 2018
Fewer companies bid for NHAI projects, but top 10 firms’ share has been rising in value terms, at two-thirds of pie in 2014-2017.
NHAI raises Rs 10,000 crore from EPFO; LIC to invest Rs 8,500 crore
Thu, Nov 24, 2016
"Life Insurance Corporation (LIC) has agreed in principle to subscribe to NHAI taxable bonds to the tune of Rs 25,000 crore subject to not more than Rs 8,500 crore in one financial year. The terms and conditions are under negotiations," Radhakrishnan said.
Demonetisation: Highway toll collection to drop by a third
Wed, Nov 16, 2016
Shubham Jain, Vice-President, ICRA, said, “Most road projects have been operating on a low buffer over DSCR, owing to various factors like low base traffic/ traffic growth, high premium payments and modest toll rate hikes on account of the prevailing low wholesale price inflation over the past few years.
NHAI may compensate concessionaires for loss in toll money
Tue, Nov 15, 2016
With government's decision to stop toll collection till November 18 hitting concessionaires, National Highways Authority of India (NHAI) has proposed to compensate up to 75 % of the losses due to the move resulting from demonetisation.
NHAI to monetise 40 projs in 1st phase, eyes Rs 20,000 crore
Tue, Oct 11, 2016
"We target to bring out overall 30 or 40 projects initially and we would be able to raise about Rs 15,000 to 20,000 crore out of it to begin with," NHAI Chairman Raghav Chandra told PTI.
NHAI awards nearly Rs 1,600 crore to Chetak Enterprises for NH-22 project
Fri, Aug 26, 2016
Ministry of Road Transport and Highways announced on Friday that the National Highways Authority of India (NHAI) has awarded the Rs 1,583-crore contract for Shimla bypass project to Chetak Enterprises.
ICICI Bank eyes 30 lakh transactions via e-toll plazas by March 2017
Sun, Aug 07, 2016
ICICI Bank is aiming to facilitate 30 lakh transactions through its inter-operable electronic toll collection facility on national highways by March 2017. Electronic toll collection (ETC) enables vehicles to pay highway tolls electronically without stopping at toll plazas.