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Road ministry drives Centre's asset monetisation with Rs 10,273 cr mop-up

The asset monetisation target for the road ministry is Rs 30,000 crore, and the ministry had already monetised assets worth Rs 17,000 crore when the NMP was launched

Union Budget: NHAI to keep off bond market in 2022-23

Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget

16,798-km national highways under PPP; 331 fee plazas operational now

A total length of 16,798.61 kilometres of national highways is under the public-private partnership (PPP) arrangement and 331 fee plazas are operational as of now, Parliament was informed on Thursday.

NHAI arm may award 15 logistics park deals over the next three years

The SPV, formed under the guidance of the road ministry, aims to address typical cost overruns with infrastructure projects

Taking account of NHAI's Rs 3.38 trillion debt will help govt look better

While the Centre has taken FCI's debt on to its books, the NHAI debt load is not only larger, but also has different dynamics altogether

NHAI toll revenue to jump to Rs 1.40 trn in three years: Gadkari

The Road Transport and Highways Minister said that there is a huge opportunity for investors in India's infrastructure sector as the traffic density is rising every year

Adani Enterprises gains 2% on winning Ganga Expressway project

With a project cost of Rs 17,085.16 crore, the proposed Greenfield Ganga expressway will be India's longest expressway under PPP framework

NHAI suffers toll loss of Rs 2,731 crore due to farmers protest

Replying to a written question in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said the protest started affecting toll collection from October 2020

Ircon emerges lowest bidder for two projects of NHAI and Chennai Metro Rail

Ircon emerges lowest bidder for projects worth ₹1,462 cr

What is FASTag technology and how has it made life easier on highways?

FASTags are prepaid rechargeable tags affixed on the windshield of vehicles for toll collection on national highways. They work with Radio Frequency Identification (RFID) technology

NHAI to continue awarding road projects this fiscal, HAM dominates: Crisil

The Hybrid Annuity Model is expected to account for half of the projects

CPPIB and Ontario Teachers' Pension Plan bag NHAI's maiden InvIT

CPPIB, Ontario Teachers' Pension Plan will be anchor investors of Rs 6k-cr issue

NHAI raises over Rs 5,000 crore through InvIT, says Nitin Gadkari

The Road Transport and Highways minister further said that subsequently, more national highways will be added to the InvIT portfolio.

NHAI developing EV charging infrastructure along highways: Gadkari

According to Gadkari, there is a massive response seen in the domestic market for electric scooters from new start-ups.

The way ahead: NHAI to put four more expressways on the fast track

They are the Ahmedabad-Dholera, Delhi-Amritsar-Katra, Bengaluru-Chennai and Kanpur-Lucknow stretches, which would be taken up next

Monetisation pipeline key for NHAI fund requirement: CRISIL report

Monetisation of road assets holds the key here as it accounts for 27 per cent of the NMP in value terms

Delhi-Mumbai Expressway to fetch Rs 1,000-1,500 cr every month: Gadkari

"Once the Delhi-Mumbai Expressway is completed and opened for the public, we will get at least Rs 1,000-1,500 crore as toll revenues every month," he told PTI in an interview.

Govt likely to ask anchor investors to hold 25% in monetised roads

The road ministry and the NHAI have finalised the proposal after some investors approached them to allow them a board seat on the SPV concerned

NHAI to be flag-bearer of Centre's Rs 6-trn asset monetisation plan

NHAI has planned an InvIT, but it has seen multiple deferments over the Covid disruptions. But a Rs 5,100-cr InvIT is now likely next month

Green highways mission: Over 5,000 km of avenue plantation work done so far

More than 5,000 kms of avenue plantation works worth Rs 650 crore have been executed so far under the National Green Highways Mission (NGHM), as per an official document