MoRTH’s asset monetisation plan for this fiscal is on track, with NHAI opening bids this month to monetise another five completed national highway stretches spanning 436 km. The five stretches are the 32.8 km Agra […]
NHAI is in advanced talks with foreign and domestic investors to raise Rs 50-60 billion through its first private infrastructure investment trust (InvIT). This will be the first asset monetisation by a state-owned enterprise through […]
With the aim of fast tracking disbursement of compensation for land acquisition to property owners, NHAI will shift to a new system where the amount will be transferred directly to the beneficiaries’ accounts through the […]
The NHAI has spent Rs 1.33 trillion on land acquisition in the past four years, which is nearly 43 per cent of its total loan amount. An additional Rs 350 billion will be spent during […]
On October 7, 2021, NHAI announced its target of awarding 6,000 km of Bharatmala Pariyojana projects in financial year 22. The projects, worth Rs 2.5 trillion, are expected to receive a lot of private investment […]
The Ministry of Road Transport and Highways (MoRTH) has planned a new six-year state support programme worth Rs 72.7 billion to reduce the fatality rate by 30 per cent by March 2027. MoRTH will lend […]
The Cabinet Committee on Economic Affairs on October 21, 2021 approved the PM Gati Shakti National Master Plan (NMP), including the institutional framework for roll-outs, implementation, monitoring and the support mechanism. The NMP was inaugurated […]
Data from the first half of 2021 has revealed that NHAI has earned Rs 165 on every FASTag issued, as compared to Rs 179 earned a year ago, indicating a decline of 8 per cent. […]
The National Highways Authority of India (NHAI) has started the process of bringing out yet another toll-operate-transfer (TOT) bundle, as part of its monetisation drive. It has appointed consulting firm Mazars for evaluating stretches for […]
NHAI’s total debt has increased from Rs 747.42 billion in March 2017 to Rs 3.07 trillion in March 2021. During 2020-21, NHAI paid Rs 188.4 billion as interest, while additional borrowings during the past one […]
The Uttar Pradesh cabinet has approved a proposal for Rs 44.8 billion loan from the Punjab National Bank to purchase land for the 594 km Ganga Expressway project. Loan for the Rs 360 billion project […]
NHAI is considering recognising the farmers’ agitation at the Delhi-Haryana border as an “indirect political force majeure”. In case this happens, it will enable road toll collectors on one of the country’s busiest highways to […]
With the easing of lockdown in most states and the rise in traffic movement on the highways, toll collection in June 2021 increased to Rs 25.76 billion, 21 per cent higher than the Rs 21.25 […]
NHAI’s debt reached a new high of Rs 3.17 trillion at the end of fiscal year 2020-21, alongside a dip in its revenues. This debt figure is 27 per cent higher than the Rs 2.49 […]
NHAI has made the use of drones for monthly video recording of national highway projects mandatory during all stages of development, construction, and operation and maintenance (O&M). Contractors and concessionaires will carry out the drone […]
Officers and engineers of regional offices of the MoRTH, NHAI and National Highways and Infrastructure Development Corporation Limited will be made responsible for non-compliance with quality control measures and specifications in the construction of road […]
The Ministry of Finance has announced that a new streamlined approval process for PPP projects and monetisation of core infrastructure assets will be formulated, which will help fast-track asset monetisation by central public sector enterprises. […]
In 2021-22, the Ministry of Road Transport and Highways (MoRTH) constructed 2,284 km of national highways as of June 2021, compared to 1,823 km in April-June 2020. The award figure for April-June 2021 stands at […]
To provide uninterrupted passage to tankers and containers carrying LMO across national highways, NHAI has exempted the user fee for such vehicles at toll plazas. Keeping in view the current unprecedented demand for medical oxygen […]
The MoRTH has set a target of road construction worth Rs 15 trillion over the next two years. The ministry is confident that it will achieve the target of 40 km per day of highway […]
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