NHIT appoints general management consultants to improve National Highway operations and maintenance

To improve the management of highway operations, National Highways Infra Trust has partnered with consultants. This initiative focuses on maximizing asset performance by implementing international best practices. The consultants will carry out tho...

The National Highways Infra Trust (NHIT), an InvIT sponsored by the National Highways Authority of India, has engaged general management consultants (GMCs) for effective operations and maintenance (O&M) of National Highways under its portfolio.

In the first phase, O&M of 908 km long National Highway assets will be managed by GMCs out of the total assets of 2,653 km under its portfolio.

“The initiative is aimed at enhancing asset performance, improving operational efficiency and adopting the best global practices in management of operational National Highway assets,” the ministry of road transport and highways said in a statement on Thursday.


Also Read: Cabinet approves ₹24,000-crore highway projects in Varanasi to ease congestion

The consultants will undertake systematic inspections of the National Highway assets through daily, weekly and monthly assessments using both visual inspections and modern equipment-based evaluation techniques.

Based on these assessments, GMCs will identify maintenance requirements, safety interventions, defect rectification works, capacity augmentation measures and other improvement initiatives for the comfort of road users, it said.
ADVERTISEMENT

In addition, GMC will manage procurement of specialised contractors and agencies, supervise execution of works, certify completed works, recommend measures for improving toll plaza operations and traffic management, as well as ensure timely reporting and compliance with SEBI's regulatory framework governing Infrastructure Investment Trusts.

The ministry is of the view that by strengthening governance standards, enhancing operational efficiencies and ensuring greater compliance with SEBI's regulatory requirements, the model will further reinforce investor confidence and facilitate increased investments from domestic and global investors in India’s National Highway assets.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Industry › Transportation › Roadways › NHIT appoints general management consultants to improve National Highway operations and maintenance
Text Size:AAA
Success
This article has been saved

*

+