Page 10 - National Highways

CCEA okays amendments to Toll Operate Transfer model for national highways

The government on Wednesday approved amendments proposed to the Toll Operate Transfer (TOT) model for national highways. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the amendments proposed in the TOT model by the National Highways Authority of India (NHAI), Finance Minister Nirmala Sitharaman said. Public-funded national highway (NH) projects that are operational and have toll revenue generation history of one year after the commercial operations date (COD) will be monetised through the TOT model, she said after the CCEA meeting. The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways/NHAI on a case to case basis, she added. The corpus generated from proceeds of such project monetisation will be used by the government to meet its fund requirements regarding future development and O&M (operations and maintenance) of highways in the country. The model would facilitate efficient toll ...

Road accidents in 2018 rose 2.4% to 151,000; 70% deaths in 18-45 age group

The working age group of 18-60 accounted for a share of 84.7 per cent in the total road accident deaths.

NHAI to issue land bonds for acquisition from states, other stakeholders

New mechanism will postpone upfront payment

How 'national highway' status for roads is hurting govt's finances

Nomenclature leads to reduction in toll revenues for the existing highways

Road sector is growth multiplier but currently gasping for breath: S C Garg

Road infrastructure investment has the biggest spin-offs in terms of boosting economic activity and social advancement, Garg said

From today, private vehicles will have to pay toll on Rajasthan highways

As part of their statewide agitation, BJP protested the toll tax on private vehicles on state highways

Automobile slowdown: Number of vehicles crossing toll gates slowing

While traffic and toll collection will take a hit in FY20, toll rates may not rise much in FY21 owing to a lower wholesale price index (WPI)

Toll collections hit roadblock as traffic tapers due to auto slowdown

Experts say while traffic and toll collection will take a hit in FY2020, toll rates may also not rise much in FY2021 due to a lower WPI

SC says payment of solatium, interest must for land taken to build highways

Apex court ruling could spell further trouble for NHAI whose land acquisition costs have been on the rise

How Gadkari is planning to attract investors, monetise highway projects

IRB InvIT offered six completed road assets, covering 3,000 km across five states

NHAI at a crossroads on debt servicing; 'concerned' PMO raises red flags

According to SBI Caps, the proportion of debt funding has risen sharply in the recent NHAI projects

CAG raises concerns over burgeoning costs of NHAI's projects, cautions govt

The PMO also suggested that the NHAI monetise its road assets base through toll-operate-transfer (TOT) auctions

Highway road map: Bidder selection criteria for BOT projects may ease

The revision or tweaking of documents for BOT becomes essential in the current scenario as the government moves the focus away from the HAM model

Budget: Odisha CM vexed at cut in outlay for MGNREGA, national highways

Says cutback in funds will adversely affect inter-state connectivity, hails enhanced allocation for rail projects

Govt to build 35,000 km of national highways by 2022: President Kovind

The President said the current government's continuous endeavour has been to build infrastructure in an eco-friendly manner

UP aims to finish 2 highways before 2022 polls, steps up land acquisition

Land acquisition for the 353-km Purvanchal Expressway and the 296-km Bundelkhand Expressway is in top gear, say officials.

Gadkari to lay foundation stone for 5 national highways in Ayodhya on Fri

Union Minister Nitin Gadkari Friday will lay the foundation stone for five national highway projects worth Rs 7,195 crore in Ayodhya, that includes sections of Ram Vangaman Marg and Kosi Parikrama Marg, the government said. Foundation stone will be laid for five national highway projects with a total length of 632 km. The projects will establish direct connectivity from Ayodhya to Chitrakoot and Ambedkarnagar. "Nitin Gadkari, Union Minister of Road Transport & Highways will lay the foundation for 5 National Highways projects of total length 632 km and estimated cost Rs 7,195 crore in Ayodhya tomorrow (Friday)," Ministry of Road Transport and Highways said in a statement. The Ayodhya Ring Road will reduce traffic congestion in the city and lower pollution levels, the statement said adding that the projects will facilitate pilgrimage and give a boost to tourism in the Ayodhya and Varanasi regions. The projects include beautification of Ayodhya section of Lucknow-Ayodhya highway for .

National highways at loss as telecom, hospitals gain from road fund

The amount earmarked from the Central Road and Infrastructure Fund for 2019-20 is Rs 54,538.65 crore

PM Modi to inaugurate 13-km long Kollam bypass in Kerala on Tuesday

Kerala had 1,782 km of national highways till May 2018, which has currently gone up to about 2,280 km

Align Delhi-Mumbai expressway with rail corridor, say experts

Seamless entry and exit points, along with connectivity with the upcoming rail corridor, would ensure success of the project, say experts