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NHAI projects

NHAI to relax norms for projects in Maoist-hit states

NHAI to relax norms for projects in Maoist-hit states
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 »

NHAI has lined up projects worth Rs 8,700 crore

NHAI has lined up projects worth Rs 8,700 crore
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 »

NHAI to take measures to help the stressed projects

NHAI to take measures to help the stressed projects
R.P. Singh the chairman of NHAI and his team have come up with some proposals to revive the stressed road ways projects. The board of National Highways Authority of India (NHAI) on Thursday approved a proposal to set up an asset reconstruction company (ARC) to revive the stressed projects. Singh also stated that an asset [...] Continue Reading »

Highway developers file court cases against NHAI

Highway developers file court cases against NHAI
Highway developers have filed for claims amounting to over Rs 20,000 crore to road projects before various courts and arbitration tribunals across the country. We cannot blame the Highway Builders as they were at the receiving end due to the shoddy red-tapism of the government. According to the National Highway Builders Federation (NHBF), these claims relate [...] Continue Reading »

Rescheduling of premium amount for the NHAI projects bring smile to the BOT builders

Rescheduling of premium amount for the NHAI projects bring smile to the BOT builders
The NaMo government is determined to give a boost to the infrastructure in the country and is taking all the measures to achieve it. Rescheduling the premium that the developers of the road projects have to pay to the government for securing the right to build and operate by the National Highways Authority of India [...] Continue Reading »

IRB Infrastructure and NHAI are jointly to construct four lanes in NH-152/65 in Haryana

IRB Infrastructure and NHAI are jointly to construct four lanes in NH-152/65 in Haryana
IRB Infrastructure has signed an agreement with the National Highways Authority of India (NHAI) for a Rs 2,300-crore project for widening of a highway stretch in Haryana under National Highways Development Project (NHDP). This is a positive Public Private Partnership (PPP) in which one of the largest BOT (build, operate, transfer) road developers in India, [...] Continue Reading »

L&T Holdings N Sivaraman: New govt should kick-start projects in key sectors

L&T Holdings N Sivaraman: New govt should kick-start projects in key sectors
During the course of a recent interview with Business Line, L&T Finance Holdings’ President and Director N Sivaraman said that the new government should take decisive actions to kick-start projects in crucial sectors like infrastructure, roads and, power. According to Sivaraman, it is imperative the that the government speeds up the clearance of pending projects [...] Continue Reading »

NHAI will likely reject premium rollover requests made by 5 firms

NHAI will likely reject premium rollover requests made by 5 firms
The National Highways Authority of India (NHAI) will probably turn down requests from 5 firms for the rescheduling of premium which is due to the government for construction of highways. The firms which made the premium rollover requests that will be nixed by the NHAI include Sadbhav Engineering, Reliance Infrastructure, and Oriental Structural Engineers. According to [...] Continue Reading »

Nine stressed highway projects to be allowed ‘deferred premium payment’ option by NHAI

Nine stressed highway projects to be allowed ‘deferred premium payment’ option by NHAI
In a move which will apparently trigger the revival of the stagnating highways sector and offer a helping hand to stressed projects, the option to defer premium payment commitments of a number of projects will be allowed by National Highways Authority of India (NHAI). As many as nine projects will likely receive the approval of [...] Continue Reading »

IDFC set to be the new concessionaire of Delhi-Gurgaon Expressway

IDFC set to be the new concessionaire of Delhi-Gurgaon Expressway
IDFC Ltd is apparently set for a formal takeover of the Delhi-Gurgaon Expressway; with all the pre-requisites required for the imminent move having seemingly been put in place. In order to facilitate IDFC in formally taking over the Delhi-Gurgaon Expressway, a meeting is scheduled to take place – on Tuesday – between senior officials of [...] Continue Reading »



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