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Good news from NHAI for you! FASTag to be available free of charge for 15 days

Good news from NHAI for you! FASTag to be available free of charge for 15 days

Wed, Feb 12, 2020

In a bid to further increase digital collection of user fee via FASTag at NH fee plazas, National Highways Authority of India (NHAI) has decided to waive off the FASTag cost of Rs 100 for NHAI FASTag between 15th and 29th February, 2020. How to avail?

FASTag rules: Alert! 30-day relaxation for these 65 NHAI toll plazas - Here is why | FULL LIST

FASTag rules: Alert! 30-day relaxation for these 65 NHAI toll plazas - Here is why | FULL LIST

Wed, Jan 15, 2020

In a major development, Ministry of Road Transport and Highways has decided to relax the conditions regarding declaration of FASTag Fee lanes for 30 days from today i.e. 15th Jan, 2020 at the identified 65 high cash transactions fee plazas of NHAI.

FASTag alert! Toll Plaza coupon recharge introduced! Check how to benefit

FASTag alert! Toll Plaza coupon recharge introduced! Check how to benefit

Thu, Dec 26, 2019

FASTag Recharge: NPCI with the objective to provide all vehicle owners the convenience of NETC FASTag recharge, is now offering customers the option to recharge via BHIM UPI as well.

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For sake of industry, job creation, Nitin Gadkari says expecting support for road projects from banks

For sake of industry, job creation, Nitin Gadkari says expecting support for road projects from banks

Fri, Sep 28, 2018

If funding to the road developers slows down further, the Union government is likely to bid out more projects through engineering, procurement and construction (EPC) route instead of the hybrid annuity model that is being used at present.

First Bharatmala bonds by Oct; NHAI to raise Rs 3,000 cr from retail investors

First Bharatmala bonds by Oct; NHAI to raise Rs 3,000 cr from retail investors

Tue, Aug 28, 2018

The first retail bond to raise funds for Bharatmala Programme is likely to hit the domestic market in October this year. The bond will be issued by the National Highways Authority of India (NHAI) and titled as ‘Bharatmala Bond’ to raise around Rs 3,000 crore.

PM inaugurates India’s first Hybrid 14 lane expressway; travel from Delhi to Meerut in 60 min

PM inaugurates India’s first Hybrid 14 lane expressway; travel from Delhi to Meerut in 60 min

Sun, May 27, 2018

On Sunday, Prime Minister Narendra Modi inaugurated India’s first 14 lane Expressway – the Delhi-Meerut Expressway (Delhi Section) from Nizamuddin Bridge to UP border which is developed by NHAI and Welspun Enterprises Ltd. under Hybrid Annuity Model.

Govt eyes $3 bn from 25 projects in 9 states

Govt eyes $3 bn from 25 projects in 9 states

Sun, Apr 15, 2018

The maiden tranche comprising nine projects under toll-operate-transfer (TOT) model was oversubscribed, fetching about USD 1.6 billion cash to National Highways Authority of India (NHAI) recently. "Detailed project reports (DPRs) are being formulated for about 25 more highway projects. These will be auctioned in three tranches," an NHAI official said

Mumbai-Nagpur expressway: Maharashtra offers 5% bonus to beat deadline

Mumbai-Nagpur expressway: Maharashtra offers 5% bonus to beat deadline

Mon, Apr 09, 2018

A bonus of up to 5 per cent of total contract cost will be offered to firms that will complete the construction of 701-km-long Mumbai-Nagpur Super Expressway before deadline.

Infrastructure: In Bharatmala push, NHAI plans to award 3000 km projects

Infrastructure: In Bharatmala push, NHAI plans to award 3000 km projects

Mon, Apr 02, 2018

In order to keep up the pace to implement ambitious Bharatmala Programme, the NHAI intends to award another 3,000-odd km of projects in the next couple of months of the new fiscal. NHAI officials state that the increase in awarding of the project in FY18 is due to Bharatmala Programme. Since the Bharatmala Programme has sanctioned for implementation, a total of 232 projects were put on tenders involving around 11,200 km of road length having a cost of over Rs 1,96,000 crore

Indian infrastructure makes steady progress, creates investment climate

Indian infrastructure makes steady progress, creates investment climate

Thu, Mar 15, 2018

As we approach the end of quarter one of calendar year 2018, it is a good time to take stock of changes in Indian infrastructure this year. 2018 is a year that has started with the promise of significant asset price volatility globally.

NHAI takes this innovative route to fund Rs 46,000-crore road projects

NHAI takes this innovative route to fund Rs 46,000-crore road projects

Sun, Mar 11, 2018

The concept of roping in equity partners is being explored at a time when NHAI got over-subscription of its maiden bundle of 9 highway projects under toll-operate-transfer (TOT) model that will bring Rs 10,500 crore cash to its kitty

Next tranche of highway projects under TOT to be auctioned in Apr: Nitin Gadkari

Next tranche of highway projects under TOT to be auctioned in Apr: Nitin Gadkari

Wed, Mar 07, 2018

Union Road Transport and Highways Minister Gadkari said monetisation of 105 identified stretches, as per the current trend, could fetch about Rs 1.5 lakh crore. "I am happy to say that the first bundle of nine projects totalling a length of 680 km was over-subscribed...We had estimated to fetch Rs 6,258 crore from monetisation of these projects but we will get Rs 10,500 crore from these," he said.

Intermodal stations to come up in 15 cities; DPR for Varanasi, Nagpur in final stages

Intermodal stations to come up in 15 cities; DPR for Varanasi, Nagpur in final stages

Mon, Feb 26, 2018

The development of intermodal stations will also give a boost to commercial development and economic activity in cities, which can significantly alter socio-economic profile of the area.

CBI books US-based firm executives, NHAI officials in bribery case

CBI books US-based firm executives, NHAI officials in bribery case

Sat, Feb 10, 2018

CBI alleges the company paid bribes of $1.18 million via its Indian arm to various officials of NHAI to secure contracts between 2011 and 2016

NHAI to launch 'Pay as You Use' tolling on Delhi-Mumbai Highway

NHAI to launch 'Pay as You Use' tolling on Delhi-Mumbai Highway

Wed, Feb 07, 2018

The project involves implementing a satellite based electronic toll collection system running on GPS/GSM technology for around 500 commercial vehicles on the Delhi-Mumbai national highway. The project will run for one year.

NHAI invites bids for 10,460 kms costing around Rs 1,75,000

NHAI invites bids for 10,460 kms costing around Rs 1,75,000

Fri, Feb 02, 2018

Key Highlights:

NHAI reforms lead to steep decline in high-risk highway projects

NHAI reforms lead to steep decline in high-risk highway projects

Thu, Nov 16, 2017

A slew of steps like shorter timelines for right-of-way and approvals, loan support from the NHAI for languishing projects, and termination of stuck projects and their subsequent re-awarding have resulted in decline in the high-risk highway projects, a Crisil report said.

Gadkari to meet NHAI officials,developers for expediting projects

Gadkari to meet NHAI officials,developers for expediting projects

Sat, Nov 04, 2017

It assumes significance in the wake of highway builders' body National Highways Builders Federation (NHBF) taking a strong exception to the National Highways Authority of India's (NHAI) move to put in public domain the names of as many as 20 companies.

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

Fri, Feb 24, 2017

Mobile wallet company MobiKwik announced on Thurday to invest Rs 300 crore in 2017 for funding its loyalty initiatives, expanding its reach and network, and launching other financial services such as loans and investments on its platform.

Decks cleared for Rs 800-crore pilot Metrino project: Nitin Gadkari

Decks cleared for Rs 800-crore pilot Metrino project: Nitin Gadkari

Sun, Oct 02, 2016

The ambitious pod taxi project is all set to move into fast lane, with the government deciding to execute it under National Highway Authority of India (NHAI) and four global firms qualifying in initial bids.

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