National Highways Authority of India
The department of industrial policy and promotion (DIPP) will circulate a Cabinet note next week seeking the views of all ministries concerned on a proposal for a new law — the National Industrial Corridor Authority (NICA) Act — on the lines of the National Highways Authority of India (NHAI) Act. The Pune-headquartered NICA was proposed [...] Continue Reading »
It has been a mixed bag so far for the highways sector under the new government. And it has also taken some initiatives in order to ease the process to award projects and push through held-up works, but a key demand on the wish list of the road transport ministry and National Highways Authority of [...] Continue Reading »
Solapur Tollways’ 100-km road project, which includes four planning of Solapur Maharashtra/Karnataka border section of national highway nine in Maharashtra, for which the concession agreement (CA) with the National Highways Authority of India (NHAI) was signed a couple of years back, has now finally got off the ground. The road is being designed, built, financed [...] Continue Reading »
The government on Monday said that it has shifted its focus to the EPC (Engineering, Procurement and Construction) route for road building. This happened at the backdrop of the developers not showing interest in the PPP (Public Private Partnership) mode. There were 21 projects bid under PPP and they did not receive favourable responses from the [...] Continue Reading »
A whopping amount of Rs 26,556 crore is embroiled in disputes between National Highways Authority of India (NHAI) and road builders, the government today said. An amount of Rs 26,556 crore is held up in disputes between NHAI and concessionaires. The Road Transport and Highways Minister Nitin Gadkari told in a written reply to Rajya [...] Continue Reading »
With the National Highways Authority of India (NHAI) having prepared a note that seeks the overhaul of the existing model concession agreement, an inter-ministerial committee will be set up by the Ministry of Road Transport and Highways to review the note. Since the model concession agreement – signed between the concessionaire and the government – [...] Continue Reading »
A new penalty-related rule is being implemented by the National Highways Authority of India (NHAI) for the toll plazas it administers. Under the rule, a penalty of Rs 10 lakh may be imposed by the NHAI on toll collection contractors on National Highways, if they fail to provide the requisite change of Rs 5 to [...] Continue Reading »
Prime Minister Narendra Modi is likely to receive a request from the Ministry of Roads, Highways and Transport to reduce the interference of the Planning Commission and the Finance Ministry. The Road Ministry’s request to the PM to make the Planning Commission and Finance Ministry ‘less meddling’ is essentially rooted in the fact that undue [...] Continue Reading »
The new transport minister Nitin Gadkari took charge on Thursday and his first step was very clear. He does not want to regulate the roads sector with any new regulators because it will increase corruption and will start the licence-permit game again. He stated that his topmost priority is to bring about changes in the [...] Continue Reading »
There are many infrastructure and road projects which are stuck due to lack of money and the National Highways Authority of India (NHAI) has decided to soon roll out a proposal to take over such stalled projects. NHAI will run these projects for a few years to recover the funds infused and then will hand [...] Continue Reading »
