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To enhance security, microdots identifiers to be fixed on vehicles

The objections and suggestions received in respect of the said draft rules have been duly considered by the central government; before notifying the amendments, the statement said

BOT highway projects may go slow in future over concerns on funding

New guidelines for BOT projects are being worked out, making developers wait and watch

Efforts on to create 5 mn jobs, high priority to economy: Nitin Gadkari

The road transport, highways and MSME minister said situation is challenging but the Indian economy, which is the fastest-growing economy, will progress fast

Green shoots in infra: Road builders' credit demand switches to fast lane

The first of a three-part series on credit pick-up looks at the road construction sector, which seems to be recovering

Cabinet authorises NHAI to set up InvIT to monetise national highways

IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT

Nagpur-Kamptee road project delayed by defence ministry objections: Gadkari

The minister said he has given these subjects to Defence Minister Rajnath Singh for the past one-and-a-half months

Rs 24,396 crore collected at National Highway tolls in 2018-19: Gadkari

570 fee plazas are operational on the National Highways across the country as on October 31, 2019

Unclogging the liquidity flow

While easing procedures against arbitration awards helps, more needs to be done to boost infra

Schemes worth Rs 14,000 cr afoot to remove black spots from roads: Gadkari

Answering queries during question hour in Lok Sabha, Gadkari stated "black spots" will be identified on different roads including national highways, state highways and municipal roads

NHAI delays third phase of road monetisation; to come with improved offer

NHAI's decision to delay the tender comes within a fortnight of the Union cabinet giving it flexibility to fix the tenure of future road monetisation contracts

NHAI slows down on giving data, makes analysis of projects tougher

Industry experts depend on NHAI's data on awards and execution to draw their projections.

NHAI raises Rs 36,526 cr through internal, extra budgetary resources

The government has released Rs 20,101 crore to the NHAI in the current financial year till October 31, said Nitin Gadkari

FASTags at toll plazas to improve transportation efficiency: SIAM

The government had extended the date for making FASTag mandatory for toll payments on national highways to December 15 from December 01

Paying cash in FASTag lanes won't invite penalty till December 15

The date has been extended by 15 days to give people more time to enable their vehicles with FASTag

Govt extends mandatory FASTag roll out for toll payments to December 15

The Ministry of Road Transport and Highways had earlier announced that from December 1, toll payments on highways would be accepted through FASTags only

Bangalore Elevated Tollway awarded Rs 492 cr towards claim against NHAI

IL&FS Engineering and Construction said on Thursday that Bangalore Elevated Tollway Pvt Ltd (BETPL) has been awarded an amount of Rs 492 crore towards claim filed by the company against the National Highways Authority of India (NHAI). IL&FS Engineering and Construction Company Ltd, an IL&FS group company, has 24 per cent stake in BETPL. IL&FS in a statement said it is entitled to about Rs 118 crore from the total claim awarded by the arbitration tribunal. BETPL is a special purpose vehicle (SPV) promoted for the development of four-lane elevated and six-lane road from Silk Board Junction to Attibele in Bengaluru. NHAI had awarded the project to BETPL on a built-operate-transfer (toll) basis in January 2006. The scope of project involved construction of a four-lane elevated highway. "BETPL had filed a claim against the NHAI in the tribunal as per the terms of the contract pertaining to matters related to additional cost incurred due to extension of construction period ..

NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

No automatic stay on enforcement of arbitration award if challenged: SC

Apex court strikes down Section 87 of Arbitration Act; Does not give interim relief to petitioners, HCC, Gammon India

Link your FASTag to a prepaid card, not a savings or current account

Since FASTag is mandatory, it's better to understand its risks; linking it to your savings will lead to balance being deducted from your bank account

NHAI to issue 200,000 FASTag by March 2017

FASTag offers near non-stop movement of vehicles through user plazas and cashless toll fee payments