Its debt-fuelled expansion is a reason for worry
According to SBI Caps, the proportion of debt funding has risen sharply in the recent NHAI projects
NHAI's debt has increased seven-fold in the past five years
The PMO also suggested that the NHAI monetise its road assets base through toll-operate-transfer (TOT) auctions
Nine highway stretches of 566.27 km in the states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu are on offer in the third bundle
The NHAI took Rs 20,000 crore from the NSSF in 2018-19. Its plan is to raise about Rs 40,000 crore from the latter during 2019-20
From super-rich tax to RCom's SIM swap fraud, Business Standard brings you the top headlines that made news on Thursday
The funds will be raised for 30 years and the interest rate will be revised every 10 years
Gadkari said the government might raise funds by issuance of bonds and proposed an attractive rate of return of around 7.5-8 per cent
The proposed Delhi-Mumbai expressway would also be connected to the industrial city of Indore and an arm of the erstwhile Golden Quadrilateral
The Road Transport and Highways Minister was addressing the media after the signing of an MoU between NHAI and NIIF
This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution
Section 34 of the Act deals with filing of application in courts for setting aside an arbitration award.
The NHAI was acting on a complaint that the papers submitted earlier by these firms were forged
NHAI had in 2005 signed a contract with a joint venture of PNC Infratech Limited and Bhageeratha Engineering Limited for widening of NH-24 between Garhmukteshwar and Moradabad
The debt tie-ups have been driven by low risks in HAM, prudent bids, and track record of execution of strong and experienced sponsors
Ranjan will take over as MoRTH secretary with effect from April 1, 2019 upon superannuation of Yudhvir Singh Malik by the end of this month, the order said.
Under this model, the government provides 40 per cent of the project cost to the developer to start work, while the remaining investment is made by the developer
With scope for inaccuracy and misreporting, industry officials prefer to stick to their own means
The government has approved raising of Rs 62,000 crore by NHAI in 2018-19