National Highway Authority of India (NHAI)
NHAI, Maha Metro win Guinness Book of World Record for THIS Nagpur project; Nitin Gadkari hails
Mon, Dec 05, 2022
Guinness Book of World Records: Union Miniter for Road Transport and Highways Nitin Gadkari has congratulated NHAI and Maha Metro for winning the Guinness Book of World Record award.
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Union Minister Nitin Gadkari says govt mulling to double retail component in NHAI Infrastructure Investment Trusts bonds
Sat, Nov 12, 2022
The Union minister for road transport and highways said the debut issue of the NHAI infrastructure investment trust (InVIT) got a good response, and every common citizen of the country can play a role in nation building by helping finance the infrastructure.
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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.
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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.
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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.
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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.
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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.
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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.
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