Page 3 - Nhai

NHAI to develop 121-km-long ring road in Guwahati for Rs 5.72K cr

State-owned NHAI will develop a 121-km-long Guwahati Ring Road on build-operate-toll mode at a total cost of Rs 5,729 crore, an official statement said on Thursday. The statement further said the concession period of the contract is 30 years, including the construction period of four years. "Providing impetus to the project, the state government of Assam will bear 50 per cent of land cost, provide exemption from royalty on aggregates and state portion of GST contributing about Rs. 1,270 crore," it said, adding that thus, the gross project cost is about Rs 7,000 crore. The Guwahati Ring Road project will have three sections which include 56 km long 4-lane Access-Controlled Northern Guwahati Bypass, widening of the existing 8 km bypass on NH 27 from four lanes to six lanes, and improvement of existing 58 km long bypass on NH 27. Notably, a 3 km long major bridge over river Brahmaputra will also be constructed as a part of the project. The Guwahati Ring Road will provide seamless ...

NHAI's overall NH construction increases 9% to 5,614 kilometres in FY25

This is despite a slowdown in construction activity due to the Lok Sabha elections in 2024 and a slowdown in awards that has been ongoing for the last two years

NHAI hikes toll charges by 4-5% on highway sections across country

Commuters on national highways and expressways will need to pay more for their road journeys, as the National Highways Authority of India (NHAI) has increased toll charges by an average of 4 to 5 per cent on highway sections across the country. The revised toll charges for motorists on national highways across the country have come into effect from Tuesday, a senior highways ministry official told PTI. NHAI notifies toll rate hikes for all the national highways and expressways separately. According to him, the change in toll fee is part of an annual exercise to revise the rates that are linked to the changes in the wholesale price index-based inflation. Every year, it is implemented from April 1. There are around 855 user fee plazas on the national highway network on which user fee is levied as per National Highways Fee (Determination of Rates and Collection) Rules, 2008. Out of these, around 675 are public-funded fee plazas and 180 are concessionaire-operated toll plazas. The rev

NHAI's NHIT hits Rs 18,380 crore mark in record InvIT monetisation

The trust's existing investors - Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan Board - also participated in the book building to their maximum limit

NHAI debars 14 toll agencies over irregularities in fee collection

Cracking down on irregularities in toll collection, state-owned NHAI has barred 14 toll collection agencies for irregular activities, following a probe after Uttar Pradesh STF unearthed a fraud, according to an official statement. NHAI has served show-cause notices to defaulting agencies. Based on the FIR, 13 user fee-collecting agencies have also been debarred for a period of two years. Besides, 12.55 lakh refunds were made in 2024 for faulty toll collections on National Highways, Parliament was informed on Thursday. According to the statement, the 14 agencies debarred by NHAI include AK Construction, Alok Buildtech Pvt Ltd, Anil Kumar Shukla, Ashish Agarwal, Innovision Ltd, MB Construction, Maa Narmada Traders, RK Jain Infra Projects, SPC Infrastructure Pvt Ltd, T Suryanarayana Reddy, Vanshika Construction, Westwell Iron & Steel Pvt Ltd, Bhola Nath Rajpati Shukla and Shiva Buildtech Pvt Ltd. More than Rs 2 crore have been levied so far on the user fee collecting agencies for ...

New national highway project awards rebound after year-long slump

Focus on HAM and BOT with Rs 8000 crore projects awarded in January

NHAI fines toll collectors for 'false' deductions - Check how to reclaim it

The 'false' FASTag toll deduction happens when money is wrongly deducted from a vehicle owner's FASTag account due to system errors, operator mistakes, or tech glitches in toll plaza infrastructure

New FASTag transaction norms not to impact highway users' experience: NHAI

The National Highways Authority of India (NHAI) has clarified that users' experience on highway toll plazas will not be impacted with the implementation of new norms on FASTag transactions. The clarification came after the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems, introduced a new regulation with regard to delayed transactions due to inactive FASTags at toll plazas. The rules have come into effect on February 17. The NPCI circular aims to ensure that the FASTag transactions are settled within the reasonable time of vehicle passing a toll plaza so that customers are not harassed by late transactions, NHAI said in a statement. "The circular has been issued by NPCI to facilitate resolution of disputes between acquirer bank and issuer bank on FASTag status while vehicle crosses toll plazas," it said. The NHAI further said that all National Highway toll plazas operate on ICD 2.5 protocol which gives ...

NHAI to spend over Rs 15,000 crore on Uttar Pradesh highways upgrade

Several districts, including Kanpur, Bareilly, Barabanki, Bahraich, Agra, Aligarh, and Gorakhpur are poised to benefit from these projects

PNC gets NHAI nod to transfer two more road assets to KKR-backed HIT

Approval is part of the Rs 9,000-crore deal between PNC Infratech and HIT

SC calls for govt 'introspection' over excessive delays in filing pleas

The Supreme Court on Friday called for an introspection by government authorities, including the National Highways Authority of India, over excessive delays in filing of appeals. Chief Justice of India Sanjiv Khanna while hearing a plea by the NHAI said, "I think everyone is adhering to the time schedule in almost 95 per cent of the cases. Why should the government of India not be able to adhere to it? There is something wrong somewhere... Introspection is necessary." The NHAI challenged an order by the National Company Law Appellate Tribunal (NCLAT) in an insolvency case which was listed before the bench, also comprising Justice Sanjay Kumar. The NCLAT had dismissed the NHAI's appeal on account of the delay. Expressing disapproval over the 295-day delay, the CJI emphasised on the importance of adhering to procedural timelines and observed solicitor general Tushar Mehta, representing the NHAI, had agreed with the court and assured addressing the issue. "I undertake to speak to the

NHAI arm DMEDL raises Rs 775 crore through issuance of green bonds

DME Development Limited (DMEDL), an arm of NHAI, has raised Rs 775 crore through issuance of green bonds in roads and highways sector, an official statement said on Monday. The proceeds from the issue of 'green bonds' has been used for activities such as expenditure on avenue plantation, median plantation, construction of animal underpasses, natural stormwater drainage, streetlight on renewable energy (solar), waste recycling and reuse and rainwater harvesting, the statement said. "DMEDL today successfully raised Rs 775 crore from the first of its kind issue of 'green bonds' in roads and highways sector," the Ministry of Road, Transport and Highways said. NHAI Chairman Santosh Kumar Yadav said, "This first of its kind initiative for the roads and highway sector will set a benchmark and encourage participation from a diverse set of investors." N R V V M K Rajendra Kumar, Member (Finance), NHAI, and Chairman, DMEDL, said: "The robust demand for green bonds and successful issuance ...

NHAI to raise Rs 1,000 crore via green bonds for Delhi-Mumbai Expressway

DME Development aims to raise about Rs 48,000 crore from banks and financial markets through loans and bonds and has successfully raised around Rs 42,000 crore

Around 75 tunnel projects worth Rs 49,000 cr under construction: Gadkari

Around 75 tunnel NHAI projects entailing investment of Rs 49,000 crore are under construction in the country, Union Minister Nitin Gadkari said. Addressing the 'World Tunnel Day 2024 Conference on Safe & Sustainable Tunneling', the Minister for Road, Transport and Highways said that huge potential lies in the tunnel sector in India. "Our Prime Minister has a dream to make India the world's third-largest economy. For this target, we need to have an international standard of infrastructure in the country. Our government has given the highest priority for the development of good infrastructure in the country," Gadkari said. There is huge potential for tunnels. NHAI has completed 35 tunnel projects of 49 km in length costing Rs 20,000 crore, he said. Around 75 tunnel projects of 146 km in length are ongoing in the country at a cost of Rs 49,000 core, while 78 tunnels projects worth Rs 1.10 lakh crore are upcoming in the country which would cover a distance of 285 km, Gadkari ...

NHAI takes measures to counter reduced visibility due to foggy conditions

State-owned NHAI on Thursday said it has directed its field offices to take proactive mitigation measures to enhance visibility for the safety of National Highway users. NHAI in a statement said to enhance road safety during foggy conditions, mitigation efforts have been classified under two heads of 'engineering' and 'safety awareness' measures. The engineering measures include reinstalling missing/damaged road signs, rectifying faded or inadequate pavement markings, enhance visibility of safety devices by providing reflective markers, median markers, etc., providing transverse bar markings in habitations and accident-prone locations, providing solar blinkers on the median openings and replacement of damaged hazard markers signs at diverging and merging locations. The safety awareness measures underline incorporating steps to alert highway users of the reduced visibility conditions. These measures include use of variable message signs (VMS) or electronic signages to display foggy

Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore

The company was declared as the lowest bidder (L-1) during the bidding procedures for the project

PNC Infratech gets NHAI nod to transfer 100% stake in road assets to HIT

Earlier, during its annual general meeting on September 28, 2024, the company had approved the sale of 12 road assets

Himachal govt sent proposal to Centre to build 5 new NHs in state: Minister

The Himachal Pradesh government has sent a proposal to the Centre seeking approval for five new national highways in the state, Public Works and Urban Development Minister Vikramaditya Singh said on Friday. Addressing a press conference here after holding a review meeting of his department, Singh said the construction of these proposed national highways will accelerate development in the hill state. "Efforts will be made to expedite the process by meeting Union Highways and Road Transport Minister Nitin Gadkari," Singh said, as he expressed hope that the Centre will give its nod to the proposals soon. During the tenure of the previous BJP government in Himachal, 69 national highways were announced but none of those announcements saw the light of the day, Singh claimed. The Congress leader also said that a provision should be made to keep aside 25-30 per cent budget amount for all new projects so that development work can proceed uninterrupted. Claiming that foundation stones for m

Centre allocates 20 cr for Mandi-Kullu road development: Vikramaditya Singh

Himachal Pradesh minister Vikramaditya Singh on Thursday said leaders should rise above party politics and work for the development of the state and cited a AB Vajpayee anecdote to make his case. Singh, who celebrated his birthday with workers at the Congress office in Shimla, told reporters, "I have been informed that the state is getting about Rs 20 crore more from the Centre for roads." The Public Works Minister said the state government has tried to prioritise welfare of the state at the top and sought assistance from the Union government for it. Singh shared an anecdote from the time when his father and Congress leader Virbhadra Singh was the chief minister in Himachal in 2003 and BJP leader A B Vajpayee was the prime minister. "Vajpayee once said that he does not share the ideology of Virbhadra Singh ji but said 'he is my personal friend' and gave Rs 500 crore to Himachal," the PWD minister said. "What I mean to say is that we should rise above petty politics and work for th

Rising order inflows, execution to help road infrastructure companies

Execution is likely to improve sharply in H2FY25 after some pickup in Q2FY25. Only 95 kilometres (km) of projects were awarded in Q1FY25 versus a full-year target of 5,000 kilometres