 "NHAI to have new wings for global projects, expressways")
The Union government is planning to create two new entities under the National Highways Authority of India (NHAI) – likely in the form of special purpose vehicles that will remain attached to the parent organisation – to focus on international projects and expressways.
“We are thinking of setting up two subsidiaries of the NHAI — Express Highways and NHAI International. These could be on the lines of the NHIDCL (National Highways & Infrastructure Development Corporation Ltd). NHAI International would execute projects in Sri Lanka, Nepal, Bangladesh, Iran and even some African nations,” Nitin Gadkari, union road transport and highways minister, told Business
