NHAI downsizes TOT Bundle IV by Rs 20 billion

January 2020

NHAI has reportedly downsized Bundle IV of the toll-operate-transfer model by about Rs 20 billion, reducing the initial estimated concession value to Rs 21.65 billion. Besides, the concession period of the bundle has now been […]

NHAI proposes changes in BOT model to lure private investors

January 2020

NHAI has proposed changes in regulatory guidelines for allocating road projects under the build-operate-transfer model to revive private sector investment. Towards this, the authority has invited suggestions from road developers, lenders, bankers, industry bodies and […]

Central government relaxes deadline for FASTag

January 2020

Reportedly, the central government has relaxed its rules for the roll-out of the mandatory FASTag mechanism of making payments at national highways, allowing more hybrid lanes to accept cash payments instead of the previous directive […]

NHAI delays third phase of road monetisation

December 2019

Reportedly, NHAI has decided to rework and delay the tendering process for projects under TOT Bundle III, seeking to entice bigger domestic investors. The authority is expected to remove some road stretches under this bundle, […]

NHAI invites bids for TOT Bundle IV

November 2019

NHAI has invited bids for Bundle IV under the toll-operate-transfer (TOT) model, with a bid submission date of January 14, 2019. Besides, the authority has set an initial estimated concession value of Rs 41.7 billion for […]

NHAI to focus on land acquisition for new projects

November 2019

Reportedly, NHAI is planning to prioritise land acquisition for projects that are set to be awarded over the next two-three years in order to fast-track the execution of economically viable road projects. The authority has […]

Package III of Delhi-Meerut Expressway inaugurated

October 2019

The 22 km Dasna-Hapur section of the Delhi-Meerut Expressway (Package III) was inaugurated on September 30, 2019. Besides, the Ghazipur-Dasna section of the expressway (Package II) is expected to be completed in the next three […]

NHAI identifies Rs 300 billion highway projects under BOT

October 2019

NHAI has identified projects worth Rs 300 billion to be implemented through the public-private partnership mode on a build-operate-transfer (BOT) (toll) basis. The road stretches, spanning 950 km across Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil […]

Government plans new norms for BOT road projects

September 2019

The central government is planning to issue a set of guidelines for allocating road projects on a build-operate-transfer (BOT) basis to ensure a certain level of preparedness prior to awarding projects, as it seeks to […]

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