National Highways Authority Of India (nhai)

The company earlier bagged another contract worth Rs 75 crore to build additional infrastructure at Indian Institute of Information Technology, Nagpur.

NHIT raises Rs 16,000 crore to acquire nearly 900 km of road from NHAI

This is the largest monetization of assets by the National Highway Authority of India (NHAI).

KYC compliance deadline for FASTags ends on Feb 29: All you need to know

Notably, the NHAI had stated that FASTags with incomplete KYC would be deactivated after the deadline lapses, even if they entail valid balances.

NHAI arm to develop logistics park in Bengaluru at Rs 1,770 crore

The project — to be developed under the public private partnership model — is poised to become the first and largest MMLP to be implemented in the country under the PM Gati Shakti National Master Plan, according to an official statement on September 18

Dilip Buildcon declared lowest bidder for Rs 780-crore NHAI project in Andhra Pradesh

The project involves the development of a six-lane greenfield highway on a 16-km stretch on the Bengaluru-Vijaywada economic corridor

Dilip Buildcon bags LoA for Rs 1,589 crore road project in Karnataka

The project involves the development of a six-lane "access-controlled greenfield highway" from Maradgi S Andola to the Baswantpur section of NH150C.

NHAI extended undue benefit to concessionaires through post-tender amendments: CAG

The Comptroller Auditor General of India said that the Ministry of Road Transport and Highways (MoRTH) has also failed to adhere to guidelines of the Cabinet Secretariat for circulation and approval of Cabinet notes.

Moneycontrol Area Watch: Connectivity, established developers and choice of affordable to premium homes elevate sectors along the Dwarka Expressway

The 29 km stretch offers affordable, medium and luxury segment homes. Connectivity to offices in CyberCity, Udyog Vihar and along NH8 is quite good, too.

Farmers’ protest: Loss of collections at public-funded toll plazas Rs 1.8 crore per day, says Gadkari

Rating agency ICRA estimates about 52 toll plazas located at National Highways in Punjab, Haryana and Delhi-NCR have been hit; estimated damage Rs 600 crore

Soon, cash payments at toll plazas to attract penalties

The move aims to decongest toll plazas where cash payments create long queues

Hurdles in Eastern Peripheral Expressway work resolved: SC

In a status report filed in the apex court, the NHAI has said that construction work in Haryana was proceeding without any disruption and the issue relating to handing over land of 0.5 km stretch in Sonipat district by the state government to the NHAI has been resolved.

Will consider all representations and take further action post meeting: NHAI

In a major crackdown on road developers, the National Highways Authority of India (NHAI) terminated 20 road development contracts last week citing default. While the companies are now seeking withdrawal of this notice, NHAI will meet later today with these companies to discuss their plea. In an interview to CNBC-TV18’s Deepak Kumar, Chairman of NHAI shared his views and readings on the same.

Have construction target of 3500 km, says NHAI

CNBC-TV18's Ashpreet Sethi caught up with NHAI Chairman, Deepak Kumar and asked him about the government's plan for highway monetisation and their construction target for the fiscal year.

NHAI awards Rs 328 cr highway contract in HP to NKC Project

National Highways Authority of India (NHAI) today said it has awarded a Rs 328 crore contract in Himachal Pradesh to NKC Project Ltd.

Dilip Buildcon shares up nearly 4% on Rs 2,845-cr order

Shares of Dilip Buildcon today rose nearly 4 per cent after the National Highways Authority of India (NHAI) awarded a Rs 2,845 crore project in Uttar Pradesh to the company.

MEP mulling rights/preferential issue for share capital increase

The incremental capital will be brought in through either preferential shares or rights issue and the total quantum of fund raising will be in-line with requirement of equity to be infused for the projects, said Jayant Mhaiskar, VC & MD, MEP Infra.

Difficult to find buyers for asset monetisation: HCC

"In a different vein, the efforts of HCC Infrastructure to effect stake sale have been limited by contractual obligations imposed by the National Highways Authority of India (NHAI)," Gulabchand said.

Expect fresh orders worth Rs 1500 crore in FY17: NCC

NCC is hoping to garner fresh orders worth Rs 1000 crore in FY17, with an eye on increasing the road projects, says the company's Executive VP - Finance YD Murthy.

Bihar govt performing better than Modi govt: Tejashwi Yadav

Referring to Union Road Transport and Highways Minister Nitin Gadkari's claim that National Highways Authority of India (NHAI) was constructing 75 km of roads per day in the country, Tejashwi claimed the body built "merely 60 km roads in Bihar in 2015-16, whereas Bihar's Public Works Department constructed 1,500 km of roads in the same period".

Companies garner Rs 40K cr via NCDs in FY'16

NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures.

See uptick in orders; 10-12% topline growth for FY16: NCC

The company is hopeful of clocking more than Rs 8000 crore worth of orders for FY15 and around 8,000-10,000 cr for FY16, says YD Murthy, Executive VP-Finance, NCC.

RoadMin to decide on projects to expedite delivery: CCEA

Now the Ministry has been empowered to take a decision in this regard," Communications and IT Minister Ravi Shankar Prasad said after the CCEA meeting.

Feedback Infra says outcome of 1st CCI meet disappointing

The first meeting of the newly formed Cabinet Committee of Investments (CCI) was held a few days back to discuss on various issues. Vinayak Chatterjee, chairman, Feedback Infrastructure seemed to be very disappointed with the outcome of the first meeting.

NHAI set to roll out ETC system from next year

National Highways Authority of India (NHAI) plans to roll out the Electronic Toll Collection (ETC) system pan-India from next year replacing the current cash tax payment method, a top official said here ahead of launch of its first-ever tax-free bonds issue of Rs 10,000 crore.

Patel Engineering loses deposit on NHAI bid; no ban

The National Highways Authority of India (NHAI) has forfeited Patel Engineering's security deposit of about 130 million rupees after the construction firm withdrew from a project citing an error in its own estimation, a top official said on Monday.