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FINANCIAL BURDEN ON NHAI
SC says fair compensation can’t depend on financial burdenThe Supreme Court of India has ruled that financial burden cannot be a reason to deny fair compensation in land acquisition cases. The Nati...- Pre-2018 land acquisition cases can't be reopened for grant of compensation with interest: Supreme CourtThe Supreme Court has indicated that land acquisition cases from before 2018 will not be reopened for additional compensation with interest...
- NHAI plans to pare debt to below Rs 2 lakh crore by March 2026National Highways Authority of India aims to slash its debt below Rs 2 lakh crore by March. The state-owned entity has not borrowed since 2...
- Highway developers urge NHAI to tweak BOT agreement modelRoad developers are urging the NHAI to amend model concession agreements for BOT projects, focusing on restructuring termination payments a...
- NHAI plans to raise Rs 60,000 crore from securitisation of 4 projectsNHAI plans to monetize Vishakhapatnam-Raipur, Delhi-Amritsar-Katra, Amritsar-Jamnagar, and Chennai-Bengaluru highways through this route. E...
- Sebi’s Rs 7 lakh penalty on NHAI harsh and excessive, says SATSAT said Sebi’s order was “harsh and excessive” and let off NHAI with a warning. The tribunal also opined that NHAI is already “heavily bur...
- Transporters say not able to sustain highway toll chargesThe All India Motor Transport Congress (AIMTC), the apex body for transporters that represents about 95 lakh truckers and transport entitie...
- NHAI to resume toll collection on national highways from April 20Replying to a letter from NHAI, the ministry said the NHAI in letters dated April 11 and 14 has highlighted reasons for resuming the collec...
- Concerns over rising debt unfounded, NHAI well on way to achieve targets: ChairmanNHAI plans to construct around 4,500 km of national highways in FY 20 as against 3,300 km built last financial year.
- Modi's $5 trillion GDP goal hits a hurdle: Debt at road builderRoad construction costs are shooting up. Road infrastructure has become financially unviable.
- NHAI may revert to build-transfer-operate model: IcraThe rating agency, in its earlier observation, said that it has already highlighted the importance of speeding up the TOT awards and other ...
- SFIO receives complaint against L&T; group rubbishes it as baselessL&T and its arms, which are engaged in highway projects have been termed as "habitual defaulters" by NHAI, which is likely to have a severe...
- Decks cleared for Rs 800 crore pilot Metrino project: Nitin GadkariThe pilot project will be for about Rs 800 crore for a 12.3-km stretch from Delhi-Haryana border on NH 8 to Badshahpur via Rajiv Chowk, IFF...
- After 6 years, tenders out for widening of NH-24After years of waiting, the National Highways Authority of India (NHAI) has floated tenders for a 14-lane road on the critical section of N...
- Hybrid annuity model to boost PPP projects: ICRAThe model is a mix of EPC and BOT formats, with the government and the private enterprise sharing the total project cost in the ratio of 40...
- CAG takes National Highways Authority of India to task for financial mismanagementIt said Reliance Infra, in the case of the Delhi-Agra project, for instance, made a false declaration of mobilising and commencing construc...
- Nitin Gadkari to NHAI: Prioritize completion of over two dozen projectsMost of these projects were awarded where the private developers had promised upfront annual revenue - known as premium.
- Road developers seek truce with NHAIHighway developers seem to be favouring an “amicable solution” to financial disputes with the NHAI rather than taking legal recourse.
- Move by Gujarat, Andhra Pradesh to impose stamp duty to hit road projectsStamp duty rates vary across states, but even if a 5% duty is charged on an average, highway development costs would soar by an few hundred...
- HC seeks Center's response on toll collection on Delhi-Gurgaon ExpresswayDelhi HC has issued notice to the Centre, NCT government and the National Highway Authority of India (NHAI) on a PIL seeking exemption of d...
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