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  • Paytm Payments Bank’s exit from Fastags may be a windfall for rivals

    Authorised Banks are getting lots of customers because of the Paytm Fastag issue, and are expecting to add more when users exhaust their balances.

  • More than 2.78 lakh EVs registered in India in Jan-March 2023: Nitin Gadkari

    More than 2.78 lakh EVs registered in India in Jan-March 2023: Nitin Gadkari

    According to the data on the portal, the registration of electric vehicles (EVs) in India rose to 10,20,679 in 2022 from 3,29,808 in 2021.

  • Jet Airways CEO, stuck in traffic after leaving Delhi airport, blames this ‘culprit’

    Jet Airways CEO, stuck in traffic after leaving Delhi airport, blames this ‘culprit’

    Jet Airways CEO Sanjiv Kapoor, stuck in midnight traffic after leaving Delhi airport’s terminal 3 last night, blamed “masses of trucks heading out of Delhi” and towards Gurugram.

  • Road bypass, tunnel project in MP's 'white tiger' region to open in November

    Road bypass, tunnel project in MP's 'white tiger' region to open in November

    The project was envisaged at a cost of about Rs 1,000 crore. The project, launched in December 2018, is being developed by the National Highways Authority of India (NHAI).

  • Canada's CPPIB pumps more money into NHAI's infrastructure investment trust

    Canada's CPPIB pumps more money into NHAI's infrastructure investment trust

    CPPIB will continue to own 25 percent of the NHAI InvIT units after the latest transaction

  • CBI arrests NHAI officials, Ashoka Buildcon executives in Rs 5 lakh bribery

    CBI arrests NHAI officials, Ashoka Buildcon executives in Rs 5 lakh bribery

    The arrests were followed by searches at eight locations, including the residences of the accused officials and the private executives and offices of the company.

  • Power Mech Projects bags orders worth Rs 725.17 crore

    Power Mech Projects bags orders worth Rs 725.17 crore

    The company has bagged an order worth Rs 645 crore from National Highways Authority of India (NHAI).

  • NHAI developing EV charging infrastructure along highways: Nitin Gadkari

    NHAI developing EV charging infrastructure along highways: Nitin Gadkari

    The minister emphasised that simultaneously research on developing long-life, low-cost, high-efficiency batteries and EV components is also the need of the hour.

  • NHAI to be flag-bearer of Centre's asset monetisation plan

    NHAI to be flag-bearer of Centre's asset monetisation plan

    The company officials indicated that the disruptions in wake of pandemic delayed some of its asset monetisation plan, but with traffic fast returning to near normal levels now, about Rs 10,000 crore of road assets would be monetised by NHAI in the current year (FY 22) and the exercise would kick up pace next year with doubling or tripling of the numbers in the next few years.

  • NHAI to raise Rs 1 lakh crore through monetisation of highways in next 5 years

    NHAI to raise Rs 1 lakh crore through monetisation of highways in next 5 years

    The minister said asset monetisation offers a good business opportunity for industry players in existing infrastructure and on the other hand it will help government in unlocking the value of investment made in creating infrastructure.

  • NHAI to use software to track delays in files processing: Nitin Gadkari

    NHAI to use software to track delays in files processing: Nitin Gadkari

    The minister said several proposals have been made to enhance efficiency and transparency in NHAI and he had a detailed discussion with NHAI Chairman SS Sandhu and Highways Secretary Giridhar Aramane.

  • 3,951 km highways constructed in April-September despite COVID-19 difficulties: Ministry of Road Transport and Highways

    3,951 km highways constructed in April-September despite COVID-19 difficulties: Ministry of Road Transport and Highways

    The ministry achieved a road building rate of 21.60 km per day despite the prevailing situation, the ministry said.

  • Highways secretary Giridhar Aramane says govt plans to build over 50,000 km roads during investor meet on InvIT

    Highways secretary Giridhar Aramane says govt plans to build over 50,000 km roads during investor meet on InvIT

    Aramane said the proposed roads have a long history of tolling and thus the price discovery is likely to be handsome. The secretary also assured that efforts will be made to facilitate realisation of value for investment, the statement said.

  • Cyber attack on NHAI email server, no data loss

    Cyber attack on NHAI email server, no data loss

    'No data loss took place. NHAI data lake and other systems remained unaffected from this attack,' Srivastava said.

  • NHAI turns coronavirus lockdown into opportunity to redress disputes, review projects on war footing

    NHAI turns coronavirus lockdown into opportunity to redress disputes, review projects on war footing

    Turning the COVID-19 lockdown into an "opportunity", highways regulator NHAI is working on a war footing to resolve disputes worth a staggering Rs 80,000 crore, besides reviewing projects to expedite work.

  • Five banks willing to invest Rs 2.5 lakh cr in highway projects: Nitin Gadkari

    Five banks willing to invest Rs 2.5 lakh cr in highway projects: Nitin Gadkari

    He said the National Highways Authority of India (NHAI) has 480 bankable projects and its toll operate and transfer (TOT) model has been a success.

  • NHAI may revert to build-transfer-operate model: Icra

    NHAI may revert to build-transfer-operate model: Icra

    The rating agency, in its earlier observation, said that it has already highlighted the importance of speeding up the TOT awards and other fund-raising initiatives to meet the large funding requirements of the ambitious programme.

  • Macquarie, Brookfield in race for road projects

    Macquarie, Brookfield in race for road projects

    The NHAI is planning to auction toll collection for about 1,700 km highways under its toll-operate-transfer (TOT) model, aimed at monetising public-funded roads.

  • Stalled work of Eastern Peripheral Expressway resumed: UP to SC

    Stalled work of Eastern Peripheral Expressway resumed: UP to SC

    A Supreme Court bench of justices Madan B Lokur and Deepak Gupta, was apprised by Ghaziabad’s senior superintendent of police (SSP) that the construction work on the Eastern Peripheral Expressway in Ghaziabad has resumed. &#82

  • Eastern Peripheral Expressway work stalled due to lack of security: NHAI to SC

    Eastern Peripheral Expressway work stalled due to lack of security: NHAI to SC

    Protests from farmers at the construction site has stalled work on the Eastern Peripheral Expressway in Ghaziabad, the National Highways Authority of India (NHAI) has informed the Supreme Court, adding that although the apex &#82

  • Reliance Infrastructure bags Rs 711 cr project from NHAI

    Reliance Infrastructure bags Rs 711 cr project from NHAI

    "RInfra has received the Letter of Acceptance (LOA) from the NHAI for the construction of Vikkaravandi to Sethiyahopu section of NH-45 C in Tamil Nadu after it emerged as the lowest bidder for the development of the project on Engineering, Procurement & Construction (EPC) basis," the company said in a statement.

  • Dilip Buildcon rises 3% on NHAI orders worth Rs 3269 crore

    Dilip Buildcon rises 3% on NHAI orders worth Rs 3269 crore

    The construction period for all three projects is 30 month.

  • Manufacturing activity improves in March: SBI

    Manufacturing activity improves in March: SBI

    The yearly SBI Composite Index, one of leading indicator for manufacturing activity in the Indian economy, bounced back to above 50-mark level to 50.3 after 3-months of decline.

  • Sunil Hitech gets Rs 982 cr road project in Maharashtra

    Sunil Hitech gets Rs 982 cr road project in Maharashtra

  • Sunil Hitech Engineers up 9% on Rs 982-cr road project win from NHAI

    Sunil Hitech Engineers up 9% on Rs 982-cr road project win from NHAI

    The project includes, construction and widening the existing 2-lane Bodhre to Dhule road section of NH-211 to four/six lane configuration in the state of Maharashtra.

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