NHAI
On the sideline of IRB Infrastructure Developers’ 16th Annual General Meeting recently held in Mumbai, the toll-road company’s Chairman and Managing Director Virendra Mhaiskar said that IRB is eyeing nearly 300 kms of road contracts out of the around 3,500 kms of road projects which the National Highways Authority of India ( NHAI) is likely [...] Continue Reading »
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 »
The government is redesigning the way highways projects are allocated based on the assessment of their viability. This step is taken to fast track the awarding of the highway projects, and thereby expediting the construction process. This move might be good for the infrastructure development of the country. According to the sources, projects would now [...] Continue Reading »
The National Highway Authority of India (NHAI) has proposed a single-way tunnel between Pandoh and Aut on the Rs 4358.21-crore Ner Chowk-Kullu-Manali highway, which awaits the nod of the Ministry of Surface Transport and National Highways. As per the report submitted to the ministry, the NHAI has proposed one-way tunnel between Pandoh and Aut as [...] 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 »
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 »
The National Highway Authority of India (NHAI) has revealed that the Delhi-Meerut Expressway thus far has no bidders. The cost of construction of the expressway will approximately be Rs 6,500 crore. According to the information shared by the NHAI, none of the five private players in the infrastructure sector that had filed a request for [...] Continue Reading »
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 »
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 »
