Toll collection in June rises to Rs 2,576 crore as states ease curbs: NHAI
NEW DELHI: With the easing of lockdown in most states and rise in the traffic movement on the highways, toll collection in June 2021 increased to Rs 2,576.28 crore, 21 per cent higher than Rs 2,125.16 crore collected in May this year, NHAI said on Friday. The National Highway Authority of India in a statement […]
Toll fee high, compared to facilities: Madras High Court
CHENNAI: Observing that the fee collected by the National Highways Authority of India (NHAI) at its toll plazas in Tamil Nadu were high, compared to the facilities provided, the Madras High Court on Thursday advised NHAI to improve the infrastructural facilities there. The introduction of FasTag, a computerised toll collection system, has not eased the […]
Adani Enterprises bags Rs 1,169 crore highway project from NHAI in Odisha
NEW DELHI: Adani Enterprises on Friday said it has won a Rs 1,169.10 crore highway project in Odisha from the National Highways Authority of India (NHAI). The contract has been won by Adani Enterprises’ wholly-owned subsidiary Adani Road Transport Ltd (ARTL). “ARTL has received a letter of award (LOA) for …development of Six Lane Badakumari […]
NHAI updates FASTag app to provide balance status to users
NEW DELHI: The National Highways Authority of India (NHAI) on Monday said it has updated the FASTag app to add a new feature to provide balance status to users. “With FASTag becoming mandatory on toll plazas from 1st January 2021 and to ensure its smooth implementation, NHAI has updated its Mobile App My FASTag App’ […]
User fee collection through FASTag crosses Rs 80 crore per day with record 50 lakh transactions: NHAI
NEW DELHI: The National Highways Authority of India (NHAI) on Friday said the electronic toll collection through FASTag has crossed Rs 80 crore a day with record 50 lakh transactions per day. Over 2.20 crore FASTag have been issued so far. “The toll collection through FASTag first time crossed Rs 80 crore per day on […]
NHAI awarded projects worth Rs 31,000 crore in FY21
NEW DELHI: Despite challenges due to the outbreak of the novel coronavirus pandemic, the National Highways Authority of India (NHAI) has awarded highest length of projects during FY 2020-21 till date as compared to the projects awarded during same period in last three years. As per NHAI during April to August 2020, NHAI has awarded […]
Nitin Gadkari directs NHAI to ensure deployment of best technology
NEW DELHI: India’s Road Transport & Highways and MSME Minister Nitin Gadkari has directed National Highways Authority of India (NHAI) to ensure that all major efforts including deployment of best technology are adopted for ensuring success of the FASTag project. Reviewing the progress of implementing National Electronic Toll Collection (FASTag) mechanism at NH toll plazas […]
Dr. Sukhbir Singh Sandhu takes over as chairman of NHAI
NEW DELHI: Dr. Sukhbir Singh Sandhu has taken over as Chairman, National Highways Authority of India. He is an IAS Officer of 1988 batch Uttarakhand Cadre, who has held important positions in the Central Government and the Government of Uttarakhand, Government of Uttar Pradesh and Government of Punjab. Dr. Sandhu has done his MBBS from […]
NHAI bid to revive public private partnership for national highway projects
NEW DELHI: National Highways Authority of India (NHAI) has identified various stretches on pan India basis which will be constructed through Public Private Partnership on Built Operate Transfer (Toll) Mode. These stretches have been selected on the basis of consultation with the perspective bidders. NHAI has already invited the proposal for Annual Pre-Qualification for construction […]
Official suspended over PMO letter on social media: Nitin Gadkari
NEW DELHI: Union minister Nitin Gadkari on Monday said a roads department official has been suspended for posting a communication from the Prime Minister’s Office (PMO) on highway projects on social media. Posting of this communication led to “fake and misleading” news items about the PMO raising concerns over financial troubles of the National Highways […]
Sanjeev Ranjan named Road Transport Secretary , N N Sinha to be NHAI chief
NEW DELHI: Senior IAS officer Sanjeev Ranjan has been named secretary, Ministry of Road Transport and Highways (MoRTH), as part of a top-level bureaucratic reshuffle effected by the central government, according to a Personnel Ministry order. Ranjan, a 1985-batch IAS officer of Tripura cadre, is at present the chairman of National Highways Authority of India. […]
Nitin Gadkari says 2019 focus will be on creating world-class expressways network
NEW DELHI: It was saddled with many stuck projects and several big players faced the risk of getting blacklisted amid a big financial quagmire, but the mess got cleared eventually as the year 2018 progressed and the minister at the helm says it also helped banks save over Rs 3 lakh crore from becoming NPAs. […]
Crisil lowers execution forecast for NHAI projects for FY19
NEW DELHI: Ratings agency Crisil said it has lowered its execution forecast for NHAI projects for the ongoing fiscal to 3,600–3,800 km from the earlier anticipated 4,300 km. “We estimate around 800 km of execution is at risk this fiscal because many hybrid annuity model (HAM) projects are still awaiting appointed dates seven months after […]
NHAI files papers with Sebi to raise Rs 10,000 crore via bonds
NEW DELHI: The National Highways Authority of India (NHAI) has filed draft papers with markets regulator Sebi to raise up to Rs 10,000 crore through bonds to finance its various projects. NHAI has filed papers for “public issue of taxable, secured redeemable non convertible bonds in the nature of debentures upto Rs 10,000 crore”. The […]