Page 14 - Nhai

Gadkari tells NHAI to deploy best tech for success of FASTag project

The FASTag programme is being implemented pan-India to remove bottlenecks and ensure seamless movement of traffic

NHAI to start electronic toll collection with FASTag before deadline: Govt

The National Electronic Toll Collection (FASTag) programme has been implemented nationally to remove bottlenecks and ensure seamless movement of traffic

Gadkari directs NHAI to issue free FASTags at toll booths until Dec 1

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

Poor project management in building office by NHAI blocked Rs 44 crore: CAG

The government watchdog, in its 'Audit Report on Union Government (Commercial)-Compliance' has also said that NHAI made avoidable payment of Rs 11.79 crore on rent

NHAI asset monetisation: Cabinet approves TOT model for national highways

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

CCEA okays amendments to Toll Operate Transfer model for national highways

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 ...

NHAI to issue land bonds for acquisition from states, other stakeholders

New mechanism will postpone upfront payment

NHAI to focus on execution, not on awarding new road projects: CRISIL

NHAI's debt has risen eight times from fiscal 2014 to Rs 1.8 trillion fiscal 2019, primarily because of spiralling costs of land acquisition in the roads sector

Provide basic amenities on Peripheral Expressways: Delhi HC to NHAI, HSIIDC

The petitioner said he made a representation to the NHAI on April 1 but till date no action has been taken after which he approached the high court.

NHAI fined over Rs 6 cr for causing air pollution via construction in UP

The authority has also been instructed to sprinkle water wherever construction work is being undertaken around Agra, they said

Dilip Buildcon adds 3% on bagging contract for Rajkot's greenfield airport

Earlier, on October 30, the company informed the exchanges that NHAI has fixed October 24 as the appointment date for its wholly-owned subsidiary for construction of a highway under Bharatmala

Waiver of earnest money deposit relief for mid-sized highway players: Icra

Central road implementation agencies seek 1% of contract value as bid bond guarantees

Sukhbir Singh Sandhu succeeds Nagendra Nath Sinha as new NHAI Chairman

Senior IAS officer Sukhbir Singh Sandhu on Monday took over as the chairman of National Highways Authority of India (NHAI). Sandhu succeeds Nagendra Nath Sinha who has been appointed as the Secretary, Department of Border Management. "Dr Sukhbir Singh Sandhu has taken over as Chairman, NHAI, today. He is an IAS Officer of 1988 batch Uttarakhand cadre, who has held important positions in the central government and the Government of Uttarakhand, Government of Uttar Pradesh and Government of Punjab," NHAI said. Sandhu was Additional Secretary, Department of Higher Education, Ministry of Human Resource Development. He has done his MBBS from Government Medical College, Amritsar and Master's Degree in History from Guru Nanak Dev University, Amritsar and he is also a law graduate. "He has vast experience in field of state roads, infrastructure development, PPP projects, finance, urban development, environment, health & family welfare, tourism, revenue administration, rural development, .

NHAI recruitment 2019: Apply for 30 Deputy Manager posts on nhai.gov.in

Interested candidates are requested to apply for the NHAI Deputy Manager posts on or before October 31, 2019 on the official website - nhai.gov.in

Faltering on speed limits

Despite the compelling argument of putting the fear of law in citizens, it is also a fact that systems are not designed to handle the consequences

Unlisted companies are NHAI's new major infrastructure developers

The new set is a mixed bag of great execution and stretched working capital cycles

NHAI seeks IITs' help in reducing costs, constructing better road

Cost of road construction has increased massively for the authority that recently announced tenders for 950km of road stretches worth Rs 30,000 cr

NHAI may scrap projects where land acquisition is yet to be completed

The NHAI plan to scrap projects stalled by tardy land acquisition would also help check escalation of costs

Rs 30,000-crore road projects identified under built operate transfer

In sync with norms on hybrid-annuity and EPC contracts, NHAI has identified stretches of approximately 935 km across India, which will be constructed on built operate transfer (BOT) toll mode

FinMin plans to release unspent money, boost demand amid economic slowdown

To look at fiscal deficit of entire country before starting pre-Budget consultations, cut off-Budget borrowings