MoRTH moots infra finance fund for highway builders

May 2021

The Ministry of Road Transport and Highways (MoRTH) has called upon major highway builders and private companies to look into floating an infrastructure finance fund or non-banking financial company to fund road projects. As per […]

NHAI InvIT to be launched by June 2021

May 2021

The maiden infrastructure Investment trust (InvIT) promoted by the National Highways Authority of India (NHAI), through which it aims to raise Rs 51 billion, is likely to be launched by June 2021. However, the NHAI […]

MoRTH begins real-time monitoring of toll plazas

March 2021

The MoRTH has begun real-time monitoring of toll plazas across the country to deal with traffic congestion at toll plazas/city roads/highways. To this end, it is using a central monitoring system along with an analytics […]

NHAI InvIT to replace urban with rural roads

February 2021

The InvIT by NHAI, which is expected to enter the market by the end of this fiscal year, is likely to undergo changes to suit prospective bidders better. The government is awaiting approval from the […]

At least six firms submit bids for TOT Bundle V

February 2021

At least six firms, including the Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Singapore-based Cube Highways, have submitted bids to take on the long-term lease of a 159.5 km highway […]

BRNL signs a deal to sell road project in Odisha

February 2021

Bharat Road Network Limited (BRNL) has signed an agreement with India Highway Concession Trust, an infrastructure investment trust set up by CDPQ, a global investor, for the sale of a build-operate-transfer road project in Odisha. […]

NHAI to use software to track delays in file processing

January 2021

NHAI is planning to deploy software to track files, curb red-tapism and enhance transparency. Besides, it will soon introduce a project management consultancy system to provide alignment, land acquisition, forest environment clearance, utility shifting, construction, […]

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