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Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22

FM announces over Rs 2 trillion worth highways in 4 states

Budget 2021: Highways ministry seeks nearly 40% hike in FY22 allocation

The allocation has gone up from Rs 83,015 crore last fiscal year to Rs 91,823.2 crore for the current year

NHAI to use software to track delays in files processing, says Gadkari

To curb red-tapism and enhance transparency, NHAI will deploy software specifically to track files that will pin-point officials behind delays in disposing of matters, Union Minister Gadkari said

NHAI updates FASTag application to provide balance status to users

The National Highways Authority of India said it has updated the FASTag app to add a new feature to provide balance status to users

Seek harmony between budget allocation, asset monetisation: NHAI chairman

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

Conciliation helps NHAI resolve 66 cases of construction claims in 2 years

NHAI is taking the lead in conciliating matters and working towards resolving disputes through conciliation

User fee collection through FASTag crosses Rs 80 cr per day: NHAI

The National Highways Authority of India (NHAI) on Friday said the electronic toll collection through FASTag has crossed Rs 80 crore a day with record 50 lakh transactions per day.

Two West Bengal highway projects first to start on new BOT model

NHAI may consider floating another set of contracts in the next fiscal year

Canadian pension fund, LIC and NIIF keen to invest in NHAI InvIT

NHAI plans to put at least two-three projects worth Rs 5,000-6,000 crore under the InvIT by March-end.

Longer-tenure deals for highway maintenance to woo foreign players

Govt identifies 70,000 km of roads that will be offered to private companies

Number of FASTag users rises sharply to over 20 million, says NHAI

The NHAI said it is actively promoting digital payments to enhance the user experience on national highways

Centre sets ambitious highway targets, but few firms can deliver

Maintaining cash flow a problem; experts feel global players needed for execution, maintenance

Lanco Infratech and lessons from a failed group resolution of troubled debt

The firm fundamentally has no assets, say experts. Ten of its subsidiaries are under corporate insolvency, most holding either a single or a group of road or power assets

Nearly 6-7% road traffic shifts to railways in Sept 1-Oct 13 period

This rise is mainly due to a shift of at least 6-7 per cent traffic from roads to railway in these two months.

More tranches of govt equity under HAM soon in highway projects

Under the new proposal, firms will give bank guarantees every year against anticipated govt payment for that year

Big vs small in BOT project offering; traffic volume may be key determinant

Experts feel that kick-starting the process with relatively smaller stretches will help to test waters

Covid-19 impact: Conciliation claims gain traction among road firms

Industry players say liquidity crunch after Covid-19 a reason for change

Road developers take conciliation route for claims amid liquidity crunch

Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation

BOT highway projects set to take off after more than 2-year pause

Starting next month, government targets bidding out six projects by April 2022

NHAI in fast lane: Awards 40 projects covering 1,330 km at Rs 47,000 crore

The projects include cost of civil work, land acquisition, and other pre-construction activity.