Page 3 - National Highways Authority Of India

NHAI to monetise 2741 km through toll operate transfer, InvIT in FY25

33 stretches identified by NHAI had revenue of Rs 5000 crore in FY24

Delhi-Gurgaon Expressway: Toll tax charges to be revised from April 1

Delhi-Gurgaon Expressway: The NHAI has increased the toll prices from 4 to 5 per cent, which will be applicable from April 1. Here's all you need to know

NHAI completes InvIT monetisation of Rs 16,000 crore through 'Round 3'

Fundraise includes 7,200 crore equity commitments from existing investors

Nitin Gadkari lays foundation for 22 NH projects worth Rs 4,000 crore

Union Minister for Road Transport and Highways Nitin Gadkari on Sunday inaugurated and laid the foundation stone for 22 National Highway projects, spanning 268 Km and valued at over Rs 4,000 Crore here. Notably, initiatives like the Huliyar-KB cross-Chunchanahalli-Nelligere Road aims to enhance connectivity between Mysuru and North Karnataka, while the Mysuru Ring Road, complete with service roads and Road Under Bridges (RUBs), promises to alleviate city congestion, ensuring seamless traffic flow, an official release said. It said, the four-lane expansion of Belur-Hassan and Yedegowdanahalli-Bilikere road, coupled with the installation of Road over Bridges (ROBs) at Hangarahalli and Holenarasipur Bypass, anticipates a notable 2-hour reduction in travel time. The construction of a major bridge over Lakshmanathirtha River seeks to decongest Hunsur Town, echoing the commitment to streamlined urban planning. Additionally, the development of Srinivasapura and Chintamani bypasses targets

Paytm Payments Bank crisis: How to deactivate Paytm FASTag and buy new one

In the recently released FAQs, the RBI suggested users procure a new FASTag issued by a bank other than Paytm Payments Bank before March 15

National highway projects continue to ride in first gear, shows data

Centre has awarded only 3,481 km of projects in FY24 which is nearly 60% lower than last year and 35% of its target

GPS-based toll collection system in India: Things to know about this tech

Nitin Gadkari said that it has been decided to initially implement the GNSS-based Electronic Toll Collection (ETC) System at selected sections of National Highways

Technical norms for road planners get stricter, to get higher priority

Bidders will have to disclose deficiencies in the past

Road ministry aims to construct record 13,813 km of highways in FY24

Jain further said the road ministry aims to garner Rs 40,000 crore through asset monetisation in the current financial year. Going forward, there will be more private investment for road projects

Centre plans to eliminate 9,000 accident prone spots on NHs by May 2025

Some highways in the country have old engineering defects, but the new roads and highways are incorporating road safety features, Highways Secretary Anurag Jain said

New BOT rules: Govt looks to ease traffic density, termination risks

Privatised highway construction model has been a flop, prompting reforms

53 road projects worth Rs 2 trn identified to be bid out with major reforms

NHAI proposes major reforms in BOT projects

FASTags with incomplete KYC to be deactivated after Jan: How to update info

FASTag, operated by the NHAI, is an electronic toll collection system in India that uses Radio Frequency Identification technology for making toll payments

UP govt orders closure of all illegal cuts on NHs to avert accidents

All the district magistrates of the state have been instructed to give effective orders to the concerned to immediately close the illegal cuts on national highways in their jurisdiction

Budgetary allocation to road ministry jumps to Rs 2.7 trillion in 2023-24

The average annual budgetary allocation of the Ministry of Road Transport & Highways has increased by 940% from Rs 25,872 crore per year during 2009-14 to Rs 2.7 trillion during 2023-24

NHAI awards toll, operate and transfer projects of 273 km for Rs 9,384 cr

State-owned NHAI awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crore to successful bidders, an official statement said on Monday. The financial bids were opened on November 14, 2023, and with the approval of the concerned authorities, the letters of award were issued within a day to the successful bidders. According to the statement, the TOT bundle 13 includes Kota Bypass and Stay Bridge on NH-76 in Rajasthan, as well as the Gwalior-Jhansi section of NH-75 in the states of Madhya Pradesh and Uttar Pradesh awarded to IRB Infrastructure Trust for Rs 1,683 crore. TOT bundle 14, which consists of the Delhi-Meerut Expressway including the Delhi-Hapur section of NH-9 in the states of Delhi and Uttar Pradesh, as well as Binjabahal to Teliebani section of NH-6 in the state of Odisha, has been awarded to Cube Highways and Infrastructure Pte Ltd for Rs 7,701 crores, it added. The concession period of TOT bundles is 20 years during which ...

Most infra projects already sweat human capital in multiple shifts

Industry executives note most infra projects already work more than single shift, and factors such as city limits, local conditions are deciding factors

Lack of safety standards will hamper tunnel safety audit in India

Neither has the Comptroller and Auditor General apparently conducted any audit ever to assess safety issues in such projects, satisfying itself with only checks on the money spent in the projects

Now, 10-15 years of experience a must for NHAI's contractor staff

This decision comes after the ministry faced criticism over the quality of highways, especially in sensitive areas like the hills

Modi govt sanctioned NH projects worth Rs 3 trn for NE in 10 yrs: Gadkari

Union Road Transport Minister Nitin Gadkari on Tuesday asserted that the Narendra Modi government has accorded the highest priority to the Northeast and sanctioned national highway projects worth nearly Rs 3 lakh crore for the region in the last 10 years. He inaugurated and laid the foundation for 26 national highway projects worth over Rs 17,500 crore for Assam. Speaking at a function on the last of his two-day visit to Guwahati, Gadkari said, "If infrastructure is good, industry, trade and agriculture will flourish." "There was no dearth of money, only a dearth of people willing to work. That changed under Modi ji. What was not achieved in 65 years was done in the last 10 years," the Union minister added. He said infrastructural development was a prerequisite for the development of the Northeast, and also stressed the region's potential in alternative fuels and bamboo. Making suggestions for decongesting Guwahati, Northeast's largest city, he said the foundation stones of two ..