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NHAI DEBT REDUCTION
NHAI prepays debt of Rs 15,700 crore; saves on Rs 1000 crore interestThe National Highways Authority of India (NHAI) has successfully prepaid a debt of Rs 15,700 crore from 2023-24 monetisation proceeds, resu...06 Aug, 2024, 02.05 PM IST- NHAI not facing any financial crises: Nitin GadkariNHAI successfully managed its debt, pre-paying Rs 15,700 crore in loans through InvIT proceeds. With a debt of Rs 3.35 lakh crore, the auth...25 Jul, 2024, 03.36 PM IST
- Road construction in India to witness 7-10% slowdown in FY25 due to challenges in execution: CareEdge RatingsRoad construction in India is expected to slow down by 7-10% in FY 2024-25, with daily construction dropping to 31 km from 34 km in FY 2023...30 Apr, 2024, 02.15 PM IST
- Delhi High Court directs NHAI to pay Rs 1204 crore arbitral award to R-Infra subsidiaryDelhi High Court has ordered National Highways Authority of India (NHAI) to pay Rs 1204 crore to Reliance Infrastructure's wholly owned sub...11 Aug, 2023, 03.20 PM IST
- NIIF acquires Navayuga Quazigund Expressway in Jammu & KashmirThe operational tunnel road in the union territory of Jammu and Kashmir will be managed by NIIF Master Fund’s proprietary roads platform At...18 Jul, 2022, 11.56 AM IST
- Rising crude oil prices likely to impact infra funding in FY23Rising energy prices may force the government to reduce the roads and infrastructure cess once again to limit the impact on the prices of c...03 Mar, 2022, 05.36 PM IST
- Corporate deleveraging could continue to slowdown bank credit: SBI“We believe such low credit growth was a direct fallout of corporates rapidly deleveraging by repaying high cost loans through funds raised...08 Jun, 2021, 10.15 AM IST
- Buy HG Infra Engineering, target price Rs 337: HDFC SecuritiesHG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 1334.70 Crore) operating in Inf...20 Aug, 2020, 12.04 PM IST
- Analyst Calls: Suven, Sadbhav Engineering, Future Lifestyle, PNC InfratechAnand Rathi has maintained its buy rating on Suven Life Sciences with a target price of Rs 387.20 Nov, 2019, 07.29 AM IST
- Reliance Infrastructure in pact to sell Delhi-Agra road project to Cube HighwaysReliance Infrastructure said that proceeds from the Delhi-Agra Toll road sale to be used for debt reduction.14 Mar, 2019, 02.39 PM IST
- Government looking to sell road assets worth Rs 2 lakh croreThe government is seeking to monetise existing toll roads with NHAI to raise funds for new projects.15 Jan, 2019, 11.19 AM IST
- NHAI dues won't hamper Simplex Infra, PNC & NCCAccording to NHAI's 2016 annual report, there are pending claims worth Rs 22,000 crore.13 Jun, 2017, 08.09 AM IST
- Will get substantial amount of orders next year; interest will be half: Rupen Patel, MD, Patel EngineeringYou will see definitely a growth in the top line based on the orders we are planning to take and you will see a substantial reduction on in...02 Dec, 2016, 11.09 AM IST
- Road construction pace set to double by FY18: CrisilThe key policy reforms include easing of the clearances process, ensuring 80% land acquisition before award of project, premium reschedulin...17 Oct, 2016, 07.44 PM IST
- Expect SIPL to be cash positive in the future: Nitin Patel, Sadbhav Engineering"We can considerably say that the orderbook from road sector will be reasonably higher than what we have resumed in FY16."26 Apr, 2016, 11.59 AM IST
- Highway developers set to get reliefMany highway developers are set to get relief as the Rangarajan committee is likely to recommend reduction and deferment of premium to be p...29 Nov, 2013, 11.29 AM IST
- Toll tax should be reduced on delayed projects: Road SecretaryThe toll tax should be reduced on proposed highway projects if they are delayed & there is reduction in quality of roads.23 Sep, 2013, 05.14 PM IST
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