Authorised Banks are getting lots of customers because of the Paytm Fastag issue, and are expecting to add more when users exhaust their balances.
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 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.
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).
CPPIB will continue to own 25 percent of the NHAI InvIT units after the latest transaction
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.
The company has bagged an order worth Rs 645 crore from National Highways Authority of India (NHAI).
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.
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.
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.
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.
The ministry achieved a road building rate of 21.60 km per day despite the prevailing situation, the ministry said.
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.
'No data loss took place. NHAI data lake and other systems remained unaffected from this attack,' Srivastava said.
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.
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.
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.
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.
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. R
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 R
"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.
The construction period for all three projects is 30 month.
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.
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.