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Par panel asks NHAI to explore debt restructuring, raise long-term funds

A Parliamentary panel has asked NHAI to explore restructuring of existing debt and look for options to raise long-term funds.

NHAI daily toll collection through FASTag reaches record Rs 104 cr

National Highways Authority of India said its daily toll collection through FASTag has reached about Rs 104 crore

Dilip Buildcon rises 5%, hits 52-week high on order wins worth Rs 2,241 cr

Dilip Buildcon has been declared as L-1 bidder for two new National Highways Authority of India HAM projects under Bharatmala Pariyojana, Phase I in Tamil Nadu and Puducherry, the company said

NHAI transitions to 100% cashless toll through mandatory FASTags

With nearly 60 lakh transactions, the per day toll collection through FASTag crossed the highest ever mark of Rs 95 crore on February 17, 2021

PM Modi expresses grief at loss of lives in road accident in Jalgaon

Sixteen labourers were killed after a truck overturned in Jalgaon, police said

Uttarakhand glacier burst may spell more trouble for Char Dham road project

Almost all the national highway projects in Uttarakhand had been grouped under the name of Char Dham project by the Union ministry of road transport and highways

Economic corridor to cut down travel time between Delhi-Dehradun by 4 hrs

The new highway will cut down the travel time from 6.5 hours as of now, to just 2.5 hours as the corridor is designed for driving with a minimum 100 Kmph speed

NHAI removes min amount in FASTag Wallet for seamless movement of traffic

Says issuer banks were unilaterally mandating threshold amount value in addition to security deposit, due to which users were held up at toll plaza in spite of having sufficient balance

NHAI removes requirement of maintaining minimum amount in FASTag Wallet

NHAI said it has decided to do away with the requirement of maintaining a minimum amount in FASTag wallet

NHAI InvIT: Govt awaits Sebi clearance to replace urban with rural areas

The road stretches in the urban areas, which were part of the earlier InvIT offering, have been removed in the proposal and replaced with the roads in rural areas

NHAI to fine up to Rs 10 cr for major lapses in construction standards

The new policy allows NHAI to impose graded penalties that include heavy fines up to Rs 10 crore besides debarment and ban on bidding for any future NHAI projects for up to three years

Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22

FM announces over Rs 2 trillion worth highways in 4 states

Budget 2021: Highways ministry seeks nearly 40% hike in FY22 allocation

The allocation has gone up from Rs 83,015 crore last fiscal year to Rs 91,823.2 crore for the current year

NHAI to use software to track delays in files processing, says Gadkari

To curb red-tapism and enhance transparency, NHAI will deploy software specifically to track files that will pin-point officials behind delays in disposing of matters, Union Minister Gadkari said

NHAI updates FASTag application to provide balance status to users

The National Highways Authority of India said it has updated the FASTag app to add a new feature to provide balance status to users

Seek harmony between budget allocation, asset monetisation: NHAI chairman

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

Conciliation helps NHAI resolve 66 cases of construction claims in 2 years

NHAI is taking the lead in conciliating matters and working towards resolving disputes through conciliation

User fee collection through FASTag crosses Rs 80 cr per day: NHAI

The National Highways Authority of India (NHAI) on Friday said the electronic toll collection through FASTag has crossed Rs 80 crore a day with record 50 lakh transactions per day.

Two West Bengal highway projects first to start on new BOT model

NHAI may consider floating another set of contracts in the next fiscal year

Canadian pension fund, LIC and NIIF keen to invest in NHAI InvIT

NHAI plans to put at least two-three projects worth Rs 5,000-6,000 crore under the InvIT by March-end.