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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

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

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

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

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

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

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.

NHAI kickstarts process to form InvIT to tap investment in highways sector

NHAI constitutes a panel to select an Investment Manager to initiate the InvIT process

Cyber attack on NHAI email server, 'prompt action' resulted in no data loss

The government had warned against a large-scale cyber attack against individuals and businesses earlier this month

NHAI's Covid force majeure fraught with loopholes, say contractors

Encashment of bank guarantees, non-payment of maintenance costs and lower estimation of revenue and expenditure are some issues raised by road developers

PNC Infratech jumps 16% on receipt of LOA for HAM project of Rs 1,412 cr

The project is to be constructed in 24 months and operated for 15 years post construction.

The Fastag track could be key to the government's ambitious programme

Investment in public infrastructure will be essential to pull the economy out of the massive downturn the pandemic has imposed

NHAI revamp in the offing; large-scale reforms needed: Nitin Gadkari

The total length of National Highways at present is abut 150,000 km, about 2 per cent of the length of all the roads, but they carry about 40 per cent of the total traffic

First InvIT by govt entity set for launch; NHAI files application with Sebi

Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode

Top headlines: 1st invIT by govt entity set to open, SC on AGR dues, & more

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

Centre likely to rework NHAI financing plans amid Covid-19 crisis

A committee, under the chairmanship of Nilesh Sathe, former member of the Insurance Regulatory and Development Authority of India (IRDAI), has been set up.

Much ado about nothing

The penalty imposed by Sebi on NHAI for not declaring financial results within the stipulated time seems like an exercise in tokenism