Page 17 - Nhai
HCC sells Farakka Raiganj Highway to Cube at Rs 1,508 cr enterprise value
Sale is part of HCC's larger effort to pare debt at company level. A separate process to sell an SPV that holds half the firm's debt and significant claims is also underway
 "HCC sells Farakka Raiganj Highway to Cube at Rs 1,508 cr enterprise value")
IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch
The company said the construction period for the stretch is 730 days, while operation period is 15 years
 "IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch")
Ashoka Buildcon wins Rs 1,390 cr highway projects in Bihar from NHAI
Ashoka Buildcon on Monday said it has bagged two highway projects worth Rs 1,390 crore in Bihar from National Highways Authority of India
 "Ashoka Buildcon wins Rs 1,390 cr highway projects in Bihar from NHAI")
Securities Appellate Tribunal sets aside Sebi's Rs 7 lakh penalty on NHAI
The Securities Appellate Tribunal (SAT) has set aside a Sebi order, which imposed a penalty of Rs 7 lakh on National Highways Authority of India for the delay in filing financial results
Ashoka Buildcon surges 8% after Co emerges lowest bidder for NHAI projects
The company has emerged as the lowest bidder for two National Highways Authority of India (NHAI) projects with an aggregate quoted value of Rs 1,390 crore in Bihar under Bharatmala Pariyojana.
 "Ashoka Buildcon surges 8% after Co emerges lowest bidder for NHAI projects")
NHAI awarded projects worth Rs 31,000 cr in FY21, highest in past 3 years
It has set a target of awarding 4,500 km of highway during current financial year, which it is likely to exceed
 "NHAI awarded projects worth Rs 31,000 cr in FY21, highest in past 3 years")
NHAI develops portal to track performance of developers, consultants
The National Highways Authority of India (NHAI) on Wednesday said it has developed a portal to track the performance of its developers and consultants.
 "NHAI develops portal to track performance of developers, consultants")
NHAI to undertake rating of Concessionaires, Contractors and Consultants
Sets up portal-based performance evaluation under which vendors need to self-assess and submit project-related progress documents that will be reviewed at multiple levels by NHAI
Sadbhav declared lowest bidder for two highway projects worth Rs 1,572 cr
Sadbhav Engineering on Thursday said it has been declared lowest bidder for two highway projects worth Rs 1,572 crore in Gujarat by the National Highways Authority of India (NHAI).
NHAI floats SPV to finance, build and operate Delhi-Mumbai expressway
NHAI is currently implementing about 28,000 km under 'Bharatmala Pariyojna' Phase-1. Under this, Delhi-Mumbai Expressway is one of the flagship highways corridors
 "NHAI floats SPV to finance, build and operate Delhi-Mumbai expressway")
Highway construction in Q1 dips to 18 km a day amid Covid-19 pandemic
The Ministry of Road Transport and Highways constructed 1,640 kilometres in the first quarter (April-June) of the financial year 2020-21 (FY21).
IRB Infra wins NHAI contract for executing Vadodara-Mumbai Expressway
Last week, the company had emerged as the preferred bidder for the project under hybrid annuity mode (HAM), with a bid cost of Rs 1,755 crore
Barren land along UP expressways to be developed as industrial plots
Chief Minister Adityanath has called for setting up townships within a radius of two km on either side of three key expressways
 "Barren land along UP expressways to be developed as industrial plots")
On the road to new opportunity
Over the years, NHAI has re-invented itself from a road development entity to a concession-granting one
From NHAI negligence to 'PE' clarified again, here're the key court orders
The Supreme Court dismissed the appeal of the tax authorities observing the two-men unit in Mumbai was only auxiliary office doing no core business
 "From NHAI negligence to 'PE' clarified again, here're the key court orders")
HCC-Dilip Buildcon JV bags Rs 1,900 cr contract from NHAI for road link
The Rs 1,900 crore road project, which will include a four-lane bridge over the Ganga river, will connect Sahibganj bypass in Jharkhand to Manihari bypass in Bihar
 "HCC-Dilip Buildcon JV bags Rs 1,900 cr contract from NHAI for road link")
Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana
The projects for laying foundation stone include 227 km 6-lane access controlled Greenfield expressway from Ismailpur to Narnaul on NH 152D in 8 packages costing Rs 8,650 crore
 "Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana")
From arbitration to computing damages, here're the key court orders
The Supreme Court does not generally interfere in an interim order, but if a high court passes an order, which affects the revenue of the state, it will interfere in the public interest
 "From arbitration to computing damages, here're the key court orders")
Widening of Jammu-Srinagar highway to be completed by end of next year
The highway widening work started in 2011 with the target of completing it within five years
 "Widening of Jammu-Srinagar highway to be completed by end of next year")
Dilip Buildcon wins project worth Rs 882 crore from NHAI in Gujarat
Highways builder Dilip Buildcon on Friday said it has won an Rs 882-crore project in Gujarat from the National Highways Authority of India (NHAI). The project will be executed in the hybrid annuity mode (HAM). "Dilip Buildcon Limited has been declared as L-1 (lowest) bidder for a new HAM project viz. four-laning of the Dhrol-Bhadra-Patiya section and the Bhadra-Patiya-Pipalia section of NH151 in Gujarat," the company said in a regulatory filing to the BSE. The company said the bid cost of the project is Rs 882 crore. It said the project will be developed on the public-private partnership basis.