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NHAI's total borrowing rises to Rs 3.06 trillion in March 2021

The total borrowing of National Highways Authority of India (NHAI) increased to Rs 3,06,704 crore in March 2021 from Rs 74,742 crore in March 2017, Parliament was informed on Monday. Replying to a question in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said Since 2017, NHAI has availed external borrowing to the tune of Rs 3,000 crore. The minister informed that the amount of interest paid by NHAI in 2020-21 was Rs 18,840 crore. He also said that as of date, there are 140 arbitration cases pending before various arbitral tribunals, wherein an amount of Rs 91,875.70 crore of the contractors/ concessionaires claims and Rs 44,600 crore of NHAI's counterclaims is involved for adjudication. Further, there are 240 cases pending before the courts wherein Rs 21,601 crore is involved, he added. Replying to a separate question, Gadkari said the Centre has not notified green tax on older vehicles. However, state/UT governments of Andhra Pradesh, Telangana, Karnataka,

NHAI wants farmer strike at Delhi-Haryana border treated as force majeure

NHAI is of the view that the farmers' agitation led to stoppage of toll at the plazas.

More projects on road for NHAI's infrastructure investment trust

It is expected that the InvIT would overtake the toll-operate-transfer (TOT) projects as the preferred monetisation route for the authority during the current year

Ashoka Buildcon gains 5% on receiving LOA from NHAI for Rs 726 cr project

The company has received letter of acceptance from NHAI for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore

NHAI resumes infrastructure investment trust project with roadshows

The trust is being set up as a private listed InvIT to attract large institutional investors

Waive penalty on road developers hit by Covid-19 lockdowns: NHAI

Wants transport ministry to extend financial closure timeline

Top headlines: NHAI debt at new high, bourses to pay for glitches and more

Business Standard brings you the top headlines of the day.

NHAI debt reaches new high of Rs 3.2 trillion; toll revenue dips 4%

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016

Toll collection in June rises to Rs 2,576 crore as states ease curbs: NHAI

The National Highway Authority of India in a statement said toll collection across the country through FASTag touched Rs 103.54 crore, with 6.3 million transactions on July 1.

Road construction zooms nearly 60% in the first two months of FY22

1,470 km constructed in April-May, against 847 km previous year

NHAI makes drone survey mandatory for all national highway projects

NHAI has mandated that contractors and concessionaires will carry out the drone video recording in the presence of the Supervision Consultant

Gayatri Projects slips 18% after NHAI declares company as non-performer

National Highways Authority of India (NHAI) declared the company a non-performer and prohibited from participating in the ongoing and future bids for the road projects

NHAI to begin next round of road monetisation after completing surveys

The authority has generated over Rs 17,000 cr through the TOT model so far. For the most recent 5th bundle of TOT actions, NHAI got bids of over Rs 600 cr more than the reserve price

Second Covid-19 wave had minimal impact on highway projects: NHAI official

Many road contracts have in-built provisions to help them tide over input price hike; NHAI monitoring situation on the ground

NHAI to offer 32 projects in next round of toll-operate-transfer bids

The authority has so far generated over Rs 17,000 crore through the TOT model

NHAI's Infrastructure Investment Trust set to be launched next month

The initial set of roads to be offered via the InvIT are part of national corridors, providing long-term prospects

New highways to have advanced traffic mgt system: NHAI member

To improve road safety, all new national highways will have an Advanced Traffic Management System (ATMS), a member of National Highway Authority of India said on Tuesday. Addressing a virtual event organised by International Road Federation (IRF), NHAI Member, Projects, R K Pandey said corrective measures have been taken to remove black spots on national highways. "To improve road safety in the country and to reduce fatal road accidents on national highways, all the new roads being developed under National Highway Authority of India (NHAI) will have Advanced Traffic Management System (ATMS)," he said. The ATMS will include immediate location identification of areas where traffic bottlenecks occur due to accidents or other reasons and provision of information to motorists on that stretch immediately. "Currently 4,500 black spots have been identified on the national highways and 2,500 have been rectified," he said. Pandey said that road safety audits are being taken at various sta

NHAI on track to award Rs 2.25-trillion projects this fiscal: Chairman

Construction target for the year roughly translates into 12-13 km a day

Driving on high-tech highways

Roads are becoming smarter even if the people driving are not. A set of smart technologies is making construction, maintenance, and traffic management much more efficient

NHAI exempts tankers carrying oxygen from toll fee on highways

The National Highways Authority of India (NHAI) on Saturday announced exempting tankers and containers carrying liquid medical oxygen (LMO) from user fee at toll plazas across national highways. Keeping in view the current unprecedented demand for the medical oxygen across the country due to COVID-19 pandemic, containers carrying LMO will be treated at par with other emergency vehicles such as ambulances for a period of two months or till further orders, NHAI said in a statement. "In order to provide uninterrupted passage for tankers and containers carrying Liquid Medical Oxygen (LMO) across national highways, the user fee for such vehicles at toll plazas has been exempted," NHAI said. Although toll plazas have nearly zero waiting time after implementation of FASTag, NHAI said it is already providing priority passage to such vehicles for quick and seamless transportation of medical oxygen. "Instructions have also been issued by NHAI to all its officials and other stakeholders to