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NHAI abandons plan to carve out subsidiary dedicated for expressways

The idea behind a separate subsidiary was to streamline the execution of expressways in the country

NHAI borrowings jump a little over 18 times to Rs 620 billion since 2014

The NHAI recently finalised a loan for Rs 250 billion with State Bank of India as part of its fund raising for the current financial year

NHAI initiates process to tie up Rs 40 billion through a bond issue

The SBI offered to fund the entire requirement based on one month Marginal Cost of funds-based Lending rate of 7.9%, even less than LIC's 8.51%

NHAI signs pact with SBI for largest unsecured loan at lowest interest

The Rs 250 bn long-term loan is also the largest sanctioned by SBI at one stroke to any entity

NHAI awarded 150 projects of 7,400 km worth Rs 1,220 bn in FY 2017-18

An all-time high by NHAI since its inception in 1995

L&T bags Rs 10.47-bn worth order from NHAI to build Dwarka e-way project

The National Highways Authority of India (NHAI) has awarded to L&T one of the five packages of Rs 7,500 crore Dwarka Expressway project in Haryana under the Bharatmala project, the government said today. The package to build eight-lane expressway from Basai RoB to NH 8 - SPR intersection in Haryana will be executed at a cost of Rs 1,047 crore under EPC (engineering, construction and procurement) mode, Ministry of Road Transport and Highways said in a statement. "The NHAI has issued Letter of Award - LOA for Package-4 of Dwarka Expressway from Basai RoB to NH-8 - SPR intersection in Haryana on EPC under Bharatmala Pariyojna...This eight-lane Expressway (NH-248 BB) will be constructed on EPC Mode at a cost of Rs 1047.007 crore. The 8.76 km stretch of the road will be constructed by L&T," the statement said. Development of this section of Dwarka Expressway will ensure seamless and safe movement of traffic between Delhi-Gurgaon and help in decongestion of the Delhi-Gurugaon ...

Coming soon: Pay-as-you-use GPS toll on Delhi-Mumbai highway

This pilot project will look at ways to integrate the new solution with the existing pre-paid wallet account offered by NHAI under the FASTag programme

RInfra wins NHAI project worth Rs 8.82 bn for six-laning NH-2 section

RInfra added the company emerged as the lowest bidder for the project after quoting a bid of Rs 8.82 billion for the project

From road building to logistics, NHAI to get a makeover

Govt wants NHAI to go in for international business

Did an American firm pay $1.18 mn bribe to NHAI? Govt starts probe

The media report had emanated from the US Department of Justice, Criminal Division's letter

NHAI bribe case: US firm that paid Rs 6.7 cr was blacklisted in 2015

CDM Smith was blacklisted by NHAI in 2015

NHAI plans bids based on returns

New mechanism will focus on the internal rate of return

NHAI working on five expressways, Rs 4,428-cr Eastern Peripheral paces up

Gadkari said proposals have been received for preparing project report for Delhi-Katra Expressway

Gadkari seeks more powers for NHAI to fast track road projects

Gadkari said a proposal to enhance NHAI powers has already been sent to the Cabinet for approval

Infra investment trusts hit new NHAI hurdle

As the financial year comes to a close, the first of the promised infrastructure investment trusts (InvITs) are yet to be launched.Held back, say bankers in the know, on issues from the National Highways Authority of India (NHAI). "NHAI is reluctant to allow transfer ownership of road assets to an InvIT for those assets where two years of operations have not been completed," said one, who did not wish to be identified. Of the various assets that road developers wish to monetise through the InvIT route, there are recently commissioned ones. In his last public statement as Securities and Exchange Board of India (Sebi) chairman, U K Sinha said one of his significant regrets was no launch of real estate investment trusts (REIT) or infrastructure investment trusts (InVIT) during his tenure. He hinted at problems with other regulators.The wait for regulatory approvals and clarity has also led some others, like Reliance Infrastructure, to consider parallel sale discussions for its road ...

NHAI to float bids for monetising 10 projects by April

Ever since the govt's nod for monetisation, NHAI has been conducting traffic studies

Hybrid annuity road projects gain pace

Between the current financial year and the last financial year, NHAI alone awarded 24 projects under HAM

NHAI requires Rs 71,911 crore for highway projects

LIC agreed to subscribe to NHAI taxable bonds to the tune of Rs 25,000 crore

NHAI raises Rs 10,000 cr from EPFO; LIC to invest Rs 8,500 cr

NHAI has raised Rs 10,000 crore through taxable bonds of EPFO in this financial year

NHAI to raise Rs 55K crore via EPFO, LIC, bonds this fiscal

LIC has offered the coupon rate of 30 years maturity at G-sec rate plus 50 bps per annum