Page 10 - National Highways

Target to award Rs 50,000-cr highway projects in next 3 months: Gadkari

The projects will cover a length of 4,471 km of highways

All toll plaza lanes on national highways to be 'FASTag lanes' from Dec 1

After December 1, non-FASTag users will be charged double the fee if they pass through FASTag-only lanes

Gadkari directs NHAI to issue free FASTags at toll booths until Dec 1

Almost 90 per cent toll plazas are ready with FASTag infrastructure as of now and only some new toll plazas will face teething issues, the minister said

National highway projects worth Rs 10k-cr okayed under hybrid annuity model

Toll fee collection from the highway projects developed under the hybrid annuity model is the responsibility of the government/authority.

NHAI asset monetisation: Cabinet approves TOT model for national highways

The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways or NHAI on a case-to-case basis

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