NHAI official
Congress president Sonia Gandhi is expected to inaugurate a road projects worth almost R2, 000 crore in her constituency Rae Bareli on February 24. The four projects will lead to smooth connectivity with the corridors that link the state to different parts of the country by linking her constituencies with the neighbouring districts in Uttar Pradesh. While [...] Continue Reading »
National Highways Authority of India (NHAI) is seeking to push a relief package for road developers as many are under stress and are finding it tough to raise debt and equity to finance projects they had bagged by offering to pay a premium. Now the agency is looking to get approval for a staggered payment which will [...] Continue Reading »
New Delhi- With the GMR group walking out of the Kishangarh- Udaipur-Ahmedabad project slated for 16 months after securing the order has invited trouble as the National Highways Authority of India (NHAI) may take legal action against GMR Group. An estimated investment of about Rs 5,387 crore was expected for the project.This project with an annual premium of 26 years and [...] Continue Reading »
