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NHAI awarded 6,306 km of highways projects in FY22; built 4,325 km

The NHAI awarded projects for a total length of 6,306 kilometres in the last financial year, while the agency constructed 4,325 kilometres of highways, an official statement said on Friday

Incorporating newer tech for better, cost-effective roads: VK Singh

The Union minister of state for road transport and highways also stressed on the importance of consensus between the Centre and the states to ensure development

NHAI settled 60 disputes for Rs 4,076 cr vs claims of Rs 14,590 in FY22

The authority had settled disputes worth Rs 14,207 crore for Rs 5,313 crore in FY21, with settlement amount being 37% of claimed amount

CBI books NHAI officials, private firms for corruption in highway contracts

Similar bribes were allegedly paid to NHAI officials on a regular basis for the two other sections as well

MoRTH constructs 8,045 kms of highways during April-February '22

The Ministry of Road Transport and Highways (MoRTH) through its various implementing agencies has constructed 8,045 kms of highways up to February 2022 during the current financial year

Delhi-Mumbai Expressway raises Rs 5,000 cr via maiden bond offering

The 15-year offering comes with variable coupon rate

FDI in IPO-bound LIC likely to open up fresh scope for disinvestment

NHAI & AAI, which are not registered as companies, also likely to benefit

Huge market available for surety bonds in India: NHAI member Manoj Kumar

National Highways Authority of India (NHAI) member Manoj Kumar said a huge market is available for surety bonds in the country

Cost of annuity projects: A new risk has emerged in govt's financials

This favoured route for financing roads is gaining traction for other infrastructure projects but could result in unsustainable liabilities for the government

Road ministry drives Centre's asset monetisation with Rs 10,273 cr mop-up

The asset monetisation target for the road ministry is Rs 30,000 crore, and the ministry had already monetised assets worth Rs 17,000 crore when the NMP was launched

Union Budget: NHAI to keep off bond market in 2022-23

Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget

16,798-km national highways under PPP; 331 fee plazas operational now

A total length of 16,798.61 kilometres of national highways is under the public-private partnership (PPP) arrangement and 331 fee plazas are operational as of now, Parliament was informed on Thursday.

NHAI arm may award 15 logistics park deals over the next three years

The SPV, formed under the guidance of the road ministry, aims to address typical cost overruns with infrastructure projects

Taking account of NHAI's Rs 3.38 trillion debt will help govt look better

While the Centre has taken FCI's debt on to its books, the NHAI debt load is not only larger, but also has different dynamics altogether

NHAI toll revenue to jump to Rs 1.40 trn in three years: Gadkari

The Road Transport and Highways Minister said that there is a huge opportunity for investors in India's infrastructure sector as the traffic density is rising every year

Adani Enterprises gains 2% on winning Ganga Expressway project

With a project cost of Rs 17,085.16 crore, the proposed Greenfield Ganga expressway will be India's longest expressway under PPP framework

NHAI suffers toll loss of Rs 2,731 crore due to farmers protest

Replying to a written question in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said the protest started affecting toll collection from October 2020

Ircon emerges lowest bidder for two projects of NHAI and Chennai Metro Rail

Ircon emerges lowest bidder for projects worth ₹1,462 cr

What is FASTag technology and how has it made life easier on highways?

FASTags are prepaid rechargeable tags affixed on the windshield of vehicles for toll collection on national highways. They work with Radio Frequency Identification (RFID) technology

NHAI to continue awarding road projects this fiscal, HAM dominates: Crisil

The Hybrid Annuity Model is expected to account for half of the projects