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NHAI PROJECT FAILURES
NHAI settles arbitration claims in Panipat-Jalandhar Highway project casesThe National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 ...- Parliament Watch: Satellite tolling faces security review, 1,096 trained in drone skills, and moreIndia's satellite tolling system faces security reviews, while ANPR FASTag is set for corridor-based projects. Over 1,000 individuals recei...
- Officials of regional offices of road ministry, NHAI, NHIDCL to be responsible for non-compliance in quality measuresThe Ministry of Road Transport and Highways (MoRTH) in its recent circular has said that such officers and engineers of regional offices of...
- NHAI to penalise officials for shoddy construction qualityThe road transport ministry has outlined the responsibility of the officers in-charge at site to inspect construction projects to ensure pr...
- NHAI to fine up to Rs 10 crore for major lapses in structures"In order to deal with the lapses in highway development, NHAI has issued a strict policy to decide penal action against defaulting firms/ ...
- NHAI suffers Rs 400 cr loss on non-recovery of damages from builders: CAGIndicting NHAI for undue favour to a developer on a stretch, CAG in its latest report said it cost NHAI a loss of nearly Rs 100 crore.
- Put notices to road builders on hold, NHAI toldSources said Gadkari termed the NHAI's decision to mention the list of terminated projects and the name of companies on its website as a "h...
- NHAI: Won't invite bids till land is acquired for construction of roads and flyoversThe authority will not commence work on structures, such as flyovers, bridges and rail over bridges, until it has 100% of the land.
- NHAI unveils stringent norms to weed out ‘non-serious’ players in highwaysThe private players will be allowed to participate in fresh bidding only after they complete the ongoing project for which they have been s...
- Compensation for delayed road projects to give relief to developers: India Ratings and ResearchThe government had unveiled a key policy initiatives to revive the infrastructure sector which provides for compensating developers in case...
- Delhi HC paves way to scrap GMR’s highway contractGMR had bagged the 555 km Kishangarh-Udaipur-Ahmedabad highway project costing Rs 5,500 crore in November 2011.
- L&T bags Rs 379 crore project from NHAILarsen and Toubro has been awarded a contract to build a new four-lane bridge across Narmada river at Zadeshwar about 90 km away from Vadod...
- Planning Commission, NHAI lock horns over Rs 6000-cr highway projectPlanning Commission and NHAI have locked horns over country’s biggest highway project worth Rs 6,000 crore awarded to GMR Infra in 2011.
- GMR Infra stock rallies on reports of NHAI relief proposal talksAt 12:20 p.m.; the stock was at Rs 22.70, up 13.78 per cent, on the BSE. It touched a high of Rs 23 and a low of Rs 20.10 in trade today.
- GMR quits Rs 7,200 crore Kishangarh - Udaipur -Ahmedabad highway projectGMR's decision would lead to state-run NHAI losing revenue of Rs 636 crore annually, which would have increased 5% every successive year.
- GMR Infrastructure slips on NHAI highway project exitAt 10:00 am, GMR Infra was trading 1.7 per cent lower at Rs 20.20. It has hit a low of Rs 19.85 and a high of Rs 20.30 in trade today.
- GMR's exit from Kishangarh-Udaipur-Ahmedabad highway project flouts norms: NHAIGMR cited NHAI’s failure to get an environmental clearance and to notify the revised toll rate on this stretch being widened from four to s...
- IRB Infra likely to benefit from NHAI’s highway projects: CLSAThe National Highway Authority of India’s highway project award momentum should pick up in the second half of financial year 2013, says CLS...
- HC extends its stay on NHAI move to end contract with DGSCLDelhi High Court extended its stay on NHAI's decision to terminate its contract to the Delhi-Gurgaon Super Connectivity Limited (DGSCL) to ...
- PM panel for new agency to construct expresswaysThe Prime Minister’s committee on infrastructure (CoI) is in favour of setting up a separate agency to plan and implement expressways acros...
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