NHAI
There shall be relaxation in the rules for road developers as has been declared by the government. New norms can help road developers in selling completed projects or complete unfinished ones and in turn free them to invest in new projects which are unable to find takers in the recent years. As per the recent [...] Continue Reading »
The road transport ministry has established four highly efficient parameters for itself soon after returning from Prime Minister’s Chamber. The minister is planning target rewards for the Projects on National Highways. The present target for the road transport ministry that has been timed for this fiscal succeeds that of 2013-2014 by 2.5 times! The previous [...] Continue Reading »
At a recently-held meeting in New Delhi, the Committee on Public Undertakings – which is a key Parliamentary financial committee – floated the idea of bringing the National Highway Authority of India (NHAI) under its supervision. About the proposal to bring the NHAI under its oversight, the Committee heard out the standpoints of the Ministry [...] Continue Reading »
For someone who is on the road a lot, Virendra Mhaiskar doesn’t come across as travel-weary. That is probably because the soft-spoken entrepreneur from Maharashtra loves the outdoors and can’t stay away even though it means spending most of his time away from home. The 43-year-old chairman and managing director of IRB Ifra, who has [...] Continue Reading »
The National Highways Authority of India (NHAI) has raised concerns over the road ministry’s decision to put on hold its proposal for allowing full equity divestment in public-private partnership (PPP) projects, arguing that a stressed promoter can be harmful for the project. In a letter to the ministry, NHAI has said that it had convinced [...] Continue Reading »
The Road Transport and Highways Ministry has taken a slew of steps, including making projects of Rs 50,000 crore ready for award, clearing Rs 1.5 lakh crore projects and setting a target to build 30 km of roads a day, for turning around the sector, Minister Nitin Gadkari said. Drafting new Motor Vehicles Bill is [...] Continue Reading »
National Highways Authority of India (NHAI) will soon relax its norms while issuing fresh contracts for the road construction projects in Jharkhand and other Maoist-hit states. Union minister of road transport and highways Nitin Gadkari, while addressing media through a video conference from Delhi, said in some pockets of Jharkhand, Chhattisgarh and Maharashtra, several road [...] Continue Reading »
After a lull of several months, road projects have now got off the ground. In the last month, the National Highways Authority of India (NHAI) has lined up about Rs.8, 700 crore worth of projects for tendering via the engineering, procurement and construction (EPC) route. Although this proposes to build only 1,000km, a minuscule portion [...] Continue Reading »
Last Monday (September 1), the Rajasthan High Court,stayed the hike in toll on the Jaipur-Delhi national highway. This stay order will remain till such time the National Highways Authority of India (NHAI) and the operator file an affidavit confirming that the road is in good condition. They also have to confirm that a proper and maintained [...] Continue Reading »
Chief Minister Prakash Singh Badal today urged Union Minister for Shipping, Road Transport & Highways Nitin Jairam Gadkari to ask the National Highways Authority of India (NHAI) to take over the stretch of the NH-95 within the MC limit from the Municipal Corporation, Ludhiana, for its maintenance and widening. In a letter to Gadkari, the [...] Continue Reading »
