This pilot project will look at ways to integrate the new solution with the existing pre-paid wallet account offered by NHAI under the FASTag programme
RInfra added the company emerged as the lowest bidder for the project after quoting a bid of Rs 8.82 billion for the project
Govt wants NHAI to go in for international business
The media report had emanated from the US Department of Justice, Criminal Division's letter
CDM Smith was blacklisted by NHAI in 2015
New mechanism will focus on the internal rate of return
Gadkari said proposals have been received for preparing project report for Delhi-Katra Expressway
Gadkari said a proposal to enhance NHAI powers has already been sent to the Cabinet for approval
As the financial year comes to a close, the first of the promised infrastructure investment trusts (InvITs) are yet to be launched.Held back, say bankers in the know, on issues from the National Highways Authority of India (NHAI). "NHAI is reluctant to allow transfer ownership of road assets to an InvIT for those assets where two years of operations have not been completed," said one, who did not wish to be identified. Of the various assets that road developers wish to monetise through the InvIT route, there are recently commissioned ones. In his last public statement as Securities and Exchange Board of India (Sebi) chairman, U K Sinha said one of his significant regrets was no launch of real estate investment trusts (REIT) or infrastructure investment trusts (InVIT) during his tenure. He hinted at problems with other regulators.The wait for regulatory approvals and clarity has also led some others, like Reliance Infrastructure, to consider parallel sale discussions for its road ...
Ever since the govt's nod for monetisation, NHAI has been conducting traffic studies
Between the current financial year and the last financial year, NHAI alone awarded 24 projects under HAM
LIC agreed to subscribe to NHAI taxable bonds to the tune of Rs 25,000 crore
NHAI has raised Rs 10,000 crore through taxable bonds of EPFO in this financial year
LIC has offered the coupon rate of 30 years maturity at G-sec rate plus 50 bps per annum
MORTH and NHAI will replace all level crossings on NH corridors with road overbridges and underbridges in next 5 years
Project pertains to four-laning of a 81-km stretch of Phagwara-Rupnagar
Official says, the shortfall is because the government was not ready with the detailed project reports
The move follows the government's move to authorise NHAI to monetise the public funded highway projects in August
The project is scheduled to be completed in 24 months from the date of commencement of the project
Finalises road assets worth Rs 1 lakh cr for monetization