The report labels mobility restriction for countries in three categories - moderate, intermediate and severe
NHAI order book muted for next fiscal year due to land acquisition delay
The Budget contained no hint of the S-word and the looming crisis in the telecom industry over paying adjusted gross revenue dues is unlikely to help, nor will growing tax terrorism
Financing problems hit highways and rural roads
FASTags-based toll collection system has been rolled out across over 527 national highways
NITI Aayog has been working with the NHAI to ensure an improvement in financial sustainability and project viability, said an official
One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.
New guidelines for BOT projects are being worked out, making developers wait and watch
At every toll plaza pan India one hybrid lane will remain operative for the vehicles from both directions
IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT
The projects will cover a length of 4,471 km of highways
After December 1, non-FASTag users will be charged double the fee if they pass through FASTag-only lanes
Almost 90 per cent toll plazas are ready with FASTag infrastructure as of now and only some new toll plazas will face teething issues, the minister said
Toll fee collection from the highway projects developed under the hybrid annuity model is the responsibility of the government/authority.
The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways or NHAI on a case-to-case basis
The government on Wednesday approved amendments proposed to the Toll Operate Transfer (TOT) model for national highways. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the amendments proposed in the TOT model by the National Highways Authority of India (NHAI), Finance Minister Nirmala Sitharaman said. Public-funded national highway (NH) projects that are operational and have toll revenue generation history of one year after the commercial operations date (COD) will be monetised through the TOT model, she said after the CCEA meeting. The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways/NHAI on a case to case basis, she added. The corpus generated from proceeds of such project monetisation will be used by the government to meet its fund requirements regarding future development and O&M (operations and maintenance) of highways in the country. The model would facilitate efficient toll ...
The working age group of 18-60 accounted for a share of 84.7 per cent in the total road accident deaths.
New mechanism will postpone upfront payment
Nomenclature leads to reduction in toll revenues for the existing highways
Road infrastructure investment has the biggest spin-offs in terms of boosting economic activity and social advancement, Garg said