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FLOATING TARGETS FOR HIGHWAYS
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- No more fixed highway targets, states can prioritise projectsThe Ministry of Road Transport and Highways is shifting its strategy by collaborating with states on floating targets for highway construct...
- Government could consider linking toll fee with highway ratings, says GadkariThe government could consider linking toll fees with the ratings of national highways, Union transport minister Nitin Gadkari told ET.On Mo...
- Government gears up to end cash transactions at toll gates, go FASTag-only from January 1The NHAI, which had recently floated a tender for issuing Metro Rail type prepaid cards to target those paying toll in cash, has withdrawn ...
- Cube Highways wins TOT project with Rs 5,011 cr bidFinancial bids for the third bundle of toll-operate-transfer(TOT) auctions were opened on Wednesday. TOT was introduced in 2016 to monetise...
- Government plans to tweak highway auction normsWhile the proposal to tweak conditions for auctioning of completed highway stretches to make them attractive for investors and allowing NHA...
- Subsidy proposals this week to set up 5,000 e-charging stationsFor securing subsidy for deployment of charging stations within cities, states through their nodal agencies will have to submit their propo...
- NHAI secures Rs 25,000-crore loan from state bankBank lending to infrastructure sector had almost dried up forcing highways minister Nitin Gadkari to reach out to banks last month to get t...
- Pace of highway building increased by 23% this yearMinistry officials said NHAI has floated a large number of tenders and has assured the government that it will meet the target of awarding ...
- Road ministry seeks higher financial threshold to speed up projectsThe Nitin Gadkari headed ministry wants to approve projects worth Rs 2,000 crore on its own, without the condition of going to Cabinet for ...
- Green masala bonds, others can fetch Rs 2 lakh crore: Nitin Gadkari"We raised Rs 5,000 crore yesterday at an interest of 7.6 per cent from EPFO. Earlier also, we raised Rs 5,000 crore below 8 per cent," sai...
- Digvijay Singh demands Nitin Gadkari's sackingCongress demanded the immediate sacking of Nitin Gadkari alleging that the awarding of the Rs 10,050 crore Zozila pass tunnel contract to I...
- NHAI to carry out risk assessment before awarding projectsNational Highways Authority of India (NHAI) has decided to carry out detailed risk assessment of each stretch for which the tenders would b...
- 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...
- Government looking at Chinese and Malaysian infrastructure companies to rescue highway projects“We want to get these projects started.... We are trying to gauge the interest of these companies in some of these projects, so we can floa...
- CCEA may clear development of national highway in RajasthanCabinet Committee on Economic Affairs is likely to accord final approval for development of a National Highway in Rajasthan tomorrow.
- NHAI needs to borrow Rs 190k croreNational Highways Authority of India (NHAI) would need about Rs 1,90,000 crore as borrowings till 2030-31 for the highway development progr...
- Infrastructure forms foreign funds' coreThe country’s infrastructure bill over five years is expected to be $475 bn. Global PE funds are expected to help the country part-meet the...
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