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NHAI awards 1,330 km highway projects in April-Sept; up 60% from H1FY20

NHAI said it awarded projects for building 1,330 km of highways in April-September, up 60 per cent from the year-ago period despite the challenges posed by the Covid-19 pandemic

NHAI cancels fourth TOT bundle; invites bids for fifth set of projects

The govt had to earlier cancel the second package of TOT because of tepid response while the third package ran into funding troubles for the Singapore-based operator Cube Highways

Centre planning to further sweeten contract terms for TOT investors

The road developer will be tasked with the operation, maintenance and management of the contract

NHAI agrees to suggestions by developers body to ease highway construction

Other suggestions pertaining to policy related matters have been sent to the ministry for consideration

HCC sells Farakka Raiganj Highway to Cube at Rs 1,508 cr enterprise value

Sale is part of HCC's larger effort to pare debt at company level. A separate process to sell an SPV that holds half the firm's debt and significant claims is also underway

IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch

The company said the construction period for the stretch is 730 days, while operation period is 15 years

Ashoka Buildcon wins Rs 1,390 cr highway projects in Bihar from NHAI

Ashoka Buildcon on Monday said it has bagged two highway projects worth Rs 1,390 crore in Bihar from National Highways Authority of India

Securities Appellate Tribunal sets aside Sebi's Rs 7 lakh penalty on NHAI

The Securities Appellate Tribunal (SAT) has set aside a Sebi order, which imposed a penalty of Rs 7 lakh on National Highways Authority of India for the delay in filing financial results

Ashoka Buildcon surges 8% after Co emerges lowest bidder for NHAI projects

The company has emerged as the lowest bidder for two National Highways Authority of India (NHAI) projects with an aggregate quoted value of Rs 1,390 crore in Bihar under Bharatmala Pariyojana.

NHAI awarded projects worth Rs 31,000 cr in FY21, highest in past 3 years

It has set a target of awarding 4,500 km of highway during current financial year, which it is likely to exceed

NHAI develops portal to track performance of developers, consultants

The National Highways Authority of India (NHAI) on Wednesday said it has developed a portal to track the performance of its developers and consultants.

NHAI to undertake rating of Concessionaires, Contractors and Consultants

Sets up portal-based performance evaluation under which vendors need to self-assess and submit project-related progress documents that will be reviewed at multiple levels by NHAI

Sadbhav declared lowest bidder for two highway projects worth Rs 1,572 cr

Sadbhav Engineering on Thursday said it has been declared lowest bidder for two highway projects worth Rs 1,572 crore in Gujarat by the National Highways Authority of India (NHAI).

NHAI floats SPV to finance, build and operate Delhi-Mumbai expressway

NHAI is currently implementing about 28,000 km under 'Bharatmala Pariyojna' Phase-1. Under this, Delhi-Mumbai Expressway is one of the flagship highways corridors

Highway construction in Q1 dips to 18 km a day amid Covid-19 pandemic

The Ministry of Road Transport and Highways constructed 1,640 kilometres in the first quarter (April-June) of the financial year 2020-21 (FY21).

IRB Infra wins NHAI contract for executing Vadodara-Mumbai Expressway

Last week, the company had emerged as the preferred bidder for the project under hybrid annuity mode (HAM), with a bid cost of Rs 1,755 crore

Barren land along UP expressways to be developed as industrial plots

Chief Minister Adityanath has called for setting up townships within a radius of two km on either side of three key expressways

On the road to new opportunity

Over the years, NHAI has re-invented itself from a road development entity to a concession-granting one

From NHAI negligence to 'PE' clarified again, here're the key court orders

The Supreme Court dismissed the appeal of the tax authorities observing the two-men unit in Mumbai was only auxiliary office doing no core business

HCC-Dilip Buildcon JV bags Rs 1,900 cr contract from NHAI for road link

The Rs 1,900 crore road project, which will include a four-lane bridge over the Ganga river, will connect Sahibganj bypass in Jharkhand to Manihari bypass in Bihar