Page 2 - National Highways Authority Of India

Govt to develop electric highways powered by solar energy: Nitin Gadkari

The government is working on developing electric highways, which will be powered by solar energy, that will facilitate the charging of heavy duty trucks and buses, Union road transport and highways minister Nitin Gadkari said on Monday. Addressing an event organised by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated that the government wants to develop India's public transport system on electricity. "The government is strongly encouraging solar and wind energy-based charging mechanisms for electric mobility. "We are also working on developing electric highways, which will be powered by solar energy and this will facilitate charging of heavy duty trucks and buses while running," he said. An electric highway generally refers to a road which supplies power to vehicles travelling on it, including through overhead power lines. Gadkari said that the government is also encouraging toll plazas to be powered by solar energy. The minister said the road ministry has conduct

National Highways Infra Trust to raise Rs 2,350 cr via bonds, bank loans

To fund acquisition of three projects from NHAI, with which it will sign a concession agreement for 20 years

NHAI violated contract sanctity, gave concessionaires undue perks: CAG

The top auditory body found that concessions in 20 projects led to deferments of Rs 9,296 crore premium payable to NHAI between 2014 and 2019

Links between infra & growth

It's hard to argue that infrastructure is now the binding constraint

NHAI pays Rs 308 cr arbitral award to IRB Infra SPV in payments dispute

Amount is 75% of total award for Pathankot-Amritsar told road project, matches union cabinet guideline.

NHAI offers three additional roads to its InvIT totalling 247 km

NHAI chairperson Alka Upadhyaya said with the success of NHAI InvIT, the state-owned agency has continued to deliver on its commitments under the National Monetisation Pipeline (NMP)

Will meet monetisation target of Rs 20,000 crore in FY23: NHAI Chairperson

The NHAI is optimistic about meeting the asset monetisation target of Rs 20,000 crore in the current fiscal amid ongoing economic uncertainties and geo-political instability, a top official said.

NHAI awarded 6,306 km of highways projects in FY22; built 4,325 km

The NHAI awarded projects for a total length of 6,306 kilometres in the last financial year, while the agency constructed 4,325 kilometres of highways, an official statement said on Friday

Bumpy ride ahead for road companies with order likely to enter slow lane

Higher interest rates and stiff competition could further weigh on their share prices

Union Budget: NHAI to keep off bond market in 2022-23

Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget

NHAI to continue awarding road projects this fiscal, HAM dominates: Crisil

The Hybrid Annuity Model is expected to account for half of the projects

NHAI raises over Rs 5,000 crore through InvIT, says Nitin Gadkari

The Road Transport and Highways minister further said that subsequently, more national highways will be added to the InvIT portfolio.

Down the pipeline: India's struggle with asset monetisation

Govt plan to raise Rs 6 trillion by offering roads, railway stations, airports and other assets could be hard to achieve

Govt likely to ask anchor investors to hold 25% in monetised roads

The road ministry and the NHAI have finalised the proposal after some investors approached them to allow them a board seat on the SPV concerned

Delhi-Mumbai expressway model to replace BOT mode in some projects

It is learnt that the replacement is being done after several considerations, including keeping the financial aspect of the project in mind

NHAI gets Sebi nod for its maiden InvIT, seeks to raise Rs 5,000-cr

In the future, the authority plans to offer 19 projects worth Rs 35,000 crore under the InvIT model

NHAI on track to award Rs 2.25-trillion projects this fiscal: Chairman

Construction target for the year roughly translates into 12-13 km a day

Deja vu - all over again

No credible signs yet of the viability of long-term infrastructure lending in India

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

NHAI sets up a logistics subsidiary, shifts 9 SPVs to new entity

NHAI has rechristened Cochin Port Road Private Ltd as National Highways Logistics Management Company to oversee multimodal logistics parks and port connectivity projects