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Budget 2019: NHAI fundraising plan raised by 21% to Rs 75,000 crore

This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution

SC ruling in NHAI vs Ssangyong case streamlines arbitration awards process

Section 34 of the Act deals with filing of application in courts for setting aside an arbitration award.

Amid forgery allegations, NHAI seeks papers from consultants

The NHAI was acting on a complaint that the papers submitted earlier by these firms were forged

Delhi HC asks NHAI to pay Rs 143 crore to PNC Infratech within 8 weeks

NHAI had in 2005 signed a contract with a joint venture of PNC Infratech Limited and Bhageeratha Engineering Limited for widening of NH-24 between Garhmukteshwar and Moradabad

Over Rs 1 trillion of HAM highway projects under NHAI tie up debt: Crisil

The debt tie-ups have been driven by low risks in HAM, prudent bids, and track record of execution of strong and experienced sponsors

Sanjeev Ranjan named Road Transport Secretary, Sinha to be NHAI chief

Ranjan will take over as MoRTH secretary with effect from April 1, 2019 upon superannuation of Yudhvir Singh Malik by the end of this month, the order said.

Small road firms to face EPC hurdle as hybrid-annuity model takes back seat

Under this model, the government provides 40 per cent of the project cost to the developer to start work, while the remaining investment is made by the developer

Road developers bid for projects, but do not rely on NHAI traffic data

With scope for inaccuracy and misreporting, industry officials prefer to stick to their own means

NHAI to raise Rs 10,000 cr via Bharatmala bonds in FY19, Parliament told

The government has approved raising of Rs 62,000 crore by NHAI in 2018-19

Rating agencies expect NHAI to end FY19 with highest-ever execution record

On port connectivity, there has been gradual progress on both road and rail connectivity projects

Welspun Enterprises inks pact with NHAI for Rs 20-bn project in Tamil Nadu

Welspun Enterprises said Monday it has inked a pact with National Highways Authority of India (NHAI) for a Rs 2,005 crore highway project in Tamil Nadu. "NHAI and Welspun Sattanathapuram Nagapattinam Road Private Limited (WSNRPL), a subsidiary of Welspun Enterprises Ltd, have executed the Concession Agreement on December 3, 2018 for four-laning of Sattanathapuram to Nagapattinam section of NH-45A (New NH -332) in Tamil Nadu," the company said in a regulatory filing to the BSE. It said the project falls under NHDP Phase-IV and will be implemented on hybrid annuity mode (HAM). "WSNRPL will develop the project at a Bid Project Cost of Rs 2,004.51 crore and first year O&M (operation and maintenance) cost of Rs 5 crore," the company said. The construction period is two years and WSNRPL has received a firm sanction letter from lenders for this project, the company said in the filing.

NHAI bonds offer similar rates to NBFCs, but should you invest in them?

However, retail investors should analyse risk of NBFCs more diligently

NHAI to focus on executing contracts where all clearances are in place

The move is aimed at judiciously planning the expenditure by the central government, the NHAI and the NHIDCL

NHAI arbitrations galore: Companies should consider other cash flow options

The NHAI managed to settle some of its pending claims by paying just 20 per cent of what was originally claimed. The authority is yet to publish its report for the last year

NHAI abandons plan to carve out subsidiary dedicated for expressways

The idea behind a separate subsidiary was to streamline the execution of expressways in the country

NHAI borrowings jump a little over 18 times to Rs 620 billion since 2014

The NHAI recently finalised a loan for Rs 250 billion with State Bank of India as part of its fund raising for the current financial year

NHAI initiates process to tie up Rs 40 billion through a bond issue

The SBI offered to fund the entire requirement based on one month Marginal Cost of funds-based Lending rate of 7.9%, even less than LIC's 8.51%

NHAI signs pact with SBI for largest unsecured loan at lowest interest

The Rs 250 bn long-term loan is also the largest sanctioned by SBI at one stroke to any entity

NHAI awarded 150 projects of 7,400 km worth Rs 1,220 bn in FY 2017-18

An all-time high by NHAI since its inception in 1995

L&T bags Rs 10.47-bn worth order from NHAI to build Dwarka e-way project

The National Highways Authority of India (NHAI) has awarded to L&T one of the five packages of Rs 7,500 crore Dwarka Expressway project in Haryana under the Bharatmala project, the government said today. The package to build eight-lane expressway from Basai RoB to NH 8 - SPR intersection in Haryana will be executed at a cost of Rs 1,047 crore under EPC (engineering, construction and procurement) mode, Ministry of Road Transport and Highways said in a statement. "The NHAI has issued Letter of Award - LOA for Package-4 of Dwarka Expressway from Basai RoB to NH-8 - SPR intersection in Haryana on EPC under Bharatmala Pariyojna...This eight-lane Expressway (NH-248 BB) will be constructed on EPC Mode at a cost of Rs 1047.007 crore. The 8.76 km stretch of the road will be constructed by L&T," the statement said. Development of this section of Dwarka Expressway will ensure seamless and safe movement of traffic between Delhi-Gurgaon and help in decongestion of the Delhi-Gurugaon ...