Page 24 - Nhai

NHAI aims to double its borrowing from National Small Savings Fund

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

Top 10 biz headlines: No relief for FPIs, more trouble for TikTok, and more

From super-rich tax to RCom's SIM swap fraud, Business Standard brings you the top headlines that made news on Thursday

LIC offers Rs 25,000 cr credit line to NHAI for funding highway projects

The funds will be raised for 30 years and the interest rate will be revised every 10 years

Govt plans to fund highways by issuing bonds with attractive returns

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

NHAI in talks with NIIF to fund proposed Amritsar to Jamnagar highway

The proposed Delhi-Mumbai expressway would also be connected to the industrial city of Indore and an arm of the erstwhile Golden Quadrilateral

Highways sector can help nation achieve $5 trillion economy: Nitin Gadkari

The Road Transport and Highways Minister was addressing the media after the signing of an MoU between NHAI and NIIF

Budget 2019: NHAI fundraising plan raised by 21% to Rs 75,000 crore

This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution

SC ruling in NHAI vs Ssangyong case streamlines arbitration awards process

Section 34 of the Act deals with filing of application in courts for setting aside an arbitration award.

Amid forgery allegations, NHAI seeks papers from consultants

The NHAI was acting on a complaint that the papers submitted earlier by these firms were forged

Delhi HC asks NHAI to pay Rs 143 crore to PNC Infratech within 8 weeks

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

Over Rs 1 trillion of HAM highway projects under NHAI tie up debt: Crisil

The debt tie-ups have been driven by low risks in HAM, prudent bids, and track record of execution of strong and experienced sponsors

Sanjeev Ranjan named Road Transport Secretary, Sinha to be NHAI chief

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.

Small road firms to face EPC hurdle as hybrid-annuity model takes back seat

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

Road developers bid for projects, but do not rely on NHAI traffic data

With scope for inaccuracy and misreporting, industry officials prefer to stick to their own means

NHAI to raise Rs 10,000 cr via Bharatmala bonds in FY19, Parliament told

The government has approved raising of Rs 62,000 crore by NHAI in 2018-19

Rating agencies expect NHAI to end FY19 with highest-ever execution record

On port connectivity, there has been gradual progress on both road and rail connectivity projects

Welspun Enterprises inks pact with NHAI for Rs 20-bn project in Tamil Nadu

Welspun Enterprises said Monday it has inked a pact with National Highways Authority of India (NHAI) for a Rs 2,005 crore highway project in Tamil Nadu. "NHAI and Welspun Sattanathapuram Nagapattinam Road Private Limited (WSNRPL), a subsidiary of Welspun Enterprises Ltd, have executed the Concession Agreement on December 3, 2018 for four-laning of Sattanathapuram to Nagapattinam section of NH-45A (New NH -332) in Tamil Nadu," the company said in a regulatory filing to the BSE. It said the project falls under NHDP Phase-IV and will be implemented on hybrid annuity mode (HAM). "WSNRPL will develop the project at a Bid Project Cost of Rs 2,004.51 crore and first year O&M (operation and maintenance) cost of Rs 5 crore," the company said. The construction period is two years and WSNRPL has received a firm sanction letter from lenders for this project, the company said in the filing.

NHAI bonds offer similar rates to NBFCs, but should you invest in them?

However, retail investors should analyse risk of NBFCs more diligently

NHAI to focus on executing contracts where all clearances are in place

The move is aimed at judiciously planning the expenditure by the central government, the NHAI and the NHIDCL

NHAI arbitrations galore: Companies should consider other cash flow options

The NHAI managed to settle some of its pending claims by paying just 20 per cent of what was originally claimed. The authority is yet to publish its report for the last year