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  • Robust toll collections, but why are road projects in slow lane? Sep 26, 2022 10:01 AM IST

    Robust toll collections, but why are road projects in slow lane?

    After a resilient FY2022, the roads sector seems to be slipping this fiscal year, both on awards and execution. What ails the sector?

  • MC Explains | How the Modi govt plans to remove toll plazas on Indian highways Sep 19, 2022 02:31 PM IST

    MC Explains | How the Modi govt plans to remove toll plazas on Indian highways

    Going beyond FASTag, the road transport ministry is undertaking an ambitious target to phase out toll plazas across highways in India. This is how the plan may unfold.

  • PNC Infratech rises after the company bags Rs 14,60-crore order from NHAI Sep 09, 2022 11:07 AM IST

    PNC Infratech rises after the company bags Rs 14,60-crore order from NHAI

    The company said it will work on four laning of Sonauli - Gorakhpur section of NH-29E in Uttar Pradesh. The road length under the project is 79.54 kilometers

  • What is India doing to reduce the worrying rate of road accidents Sep 05, 2022 09:41 PM IST

    What is India doing to reduce the worrying rate of road accidents

    According to NCRB data, a horrifying 1.55 lakh people were killed in road crashes across India in 2021. Another 3.71 lakh people were injured in 4.03 lakh incidents. India has targeted to reduce road accident deaths by 50 per cent by 2024.

  • NIIF acquires J&K highway project for Rs 2,290 crore; Shapoorji Pallonji Group exits Aug 02, 2022 02:29 PM IST

    NIIF acquires J&K highway project for Rs 2,290 crore; Shapoorji Pallonji Group exits

    The 64.5 km long four-lane Jammu-Udhampur Highway enhances connectivity to Vaishno Devi shrine and includes a 1.4 km twin-tube tunnel stretch.

  • Highways ministry to float 10 InvITs to raise funds from public for road projects Aug 02, 2022 11:46 AM IST

    Highways ministry to float 10 InvITs to raise funds from public for road projects

    The Minister of Road Transport and Highways of India,Nitin Gadkari has announced that the ministry is going to launch ten public InvIT road projects, with the first one being launched next month.

  • NHAI looks at retail investors to meet asset monetisation target in 2022-23 Jul 27, 2022 06:41 PM IST

    NHAI looks at retail investors to meet asset monetisation target in 2022-23

    The roads authority is looking to offer around 25 projects worth Rs 45,000 crore under the InvIT model. NHAI InvITs constitute a platform to monetise roads over the next three to five years

  • Long delay in Bharatmala Pariyojana may put government in a tight spot Jul 21, 2022 10:24 AM IST

    Long delay in Bharatmala Pariyojana may put government in a tight spot

    The slack in pace of awards and construction activity has raised obvious concerns relating to timely completion of BMP and cost overruns for developers, investors and government

  • Bharatmala project may face delays of around six years, says ICRA Jul 18, 2022 04:39 PM IST

    Bharatmala project may face delays of around six years, says ICRA

    According to ICRA, if the Indian government manages to execute around 4,500-5,000 km of projects under the Bharatmala scheme, all projects will be completed by 2027-28.

  • NIIFL acquires stake in J&K tunnel road Navayuga Quazigund Expressway for Rs 3,036 crore Jul 18, 2022 03:57 PM IST

    NIIFL acquires stake in J&K tunnel road Navayuga Quazigund Expressway for Rs 3,036 crore

    The company did not disclose the quantum of the stake it has acquired in NQEPL.

  • NHAI bribery case: Trial proceedings delayed as CBI awaits Centre's nod even after 7 months Jul 06, 2022 11:47 AM IST

    NHAI bribery case: Trial proceedings delayed as CBI awaits Centre's nod even after 7 months

    The trial against Ahmad, currently on bail, cannot proceed unless the Centre accords it's sanction under Section 19 of the Prevention of Corruption Act, a mandatory requirement, they said.

  • NHAI to ensure greenery along highways, says Nitin Gadkari Jun 29, 2022 07:33 AM IST

    NHAI to ensure greenery along highways, says Nitin Gadkari

    The road transport and highways minister Gadkari said that whenever a tree is cut five more should be planted.

  • Two NHAI officials among four arrested by CBI in bribery case Jun 13, 2022 05:02 PM IST

    Two NHAI officials among four arrested by CBI in bribery case

    Based on an input about exchange of bribe, the CBI carried out a raid and arrested the accused.

  • CBI arrests NHAI, GR Infra officials amid alleged irregularities in highway project Jun 13, 2022 01:16 PM IST

    CBI arrests NHAI, GR Infra officials amid alleged irregularities in highway project

    CBI conducted searches in multiple locations in Shillong, Guwahati, Gurugram and Bengaluru

  • NHAI creates Guinness World Record, Nitin Gadkari says 'Proud moment for India' Jun 08, 2022 07:58 PM IST

    NHAI creates Guinness World Record, Nitin Gadkari says 'Proud moment for India'

    This record was previously achieved by Qatar's Public Works Authority (ASHGHAL) February 27, 2019, Nitin Gadkari said.

  • NHAI's creates Guinness World Record Jun 08, 2022 03:28 PM IST

    NHAI's creates Guinness World Record

    Mentioning about the record, Road Transport and Highways Minister Nitin Gadkari on Wednesday said the project was implemented by 720 workers including a team of independent consultants who worked day and night.

  • GR Infraprojects signs agreement with NHAI for road project Jun 02, 2022 08:05 PM IST

    GR Infraprojects signs agreement with NHAI for road project

    The project is worth Rs 1,577 crore and the completion date is 730 days from the date of appointment. The operational period for the project will be 15 years from the commercial operation date.

  • Infra firms don’t expect govt move to rein in steel prices to have immediate impact May 26, 2022 01:57 PM IST

    Infra firms don’t expect govt move to rein in steel prices to have immediate impact

    The industry expects steel prices to soften only over the next few quarters, which may subsequently reflect in the cost of projects.

  • NHAI optimistic about meeting asset monetization target of Rs 20,000 crore in FY'23: Chairperson May 18, 2022 01:36 PM IST

    NHAI optimistic about meeting asset monetization target of Rs 20,000 crore in FY'23: Chairperson

    Kolkata, May 18 The National Highways Authority of India (NHAI) is optimistic about meeting the asset monetisation target of Rs 20,000 crore in the ..

  • CBI books NHAI officials, private firms for 'corruption' in highway contracts from 2008 to 2010 Apr 03, 2022 08:23 AM IST

    CBI books NHAI officials, private firms for 'corruption' in highway contracts from 2008 to 2010

    According to the findings of the enquiry, in the Surat-Hazira port section project, senior NHAI officials "habitually accepted" Rs 1 lakh in cash on a monthly basis from the private company for a smooth execution of the project

  • Ashoka Buildcon gets LoA for NHAI highway project Mar 31, 2022 01:37 PM IST

    Ashoka Buildcon gets LoA for NHAI highway project

    In 2019, the government had approved the hybrid annuity model (HAM) for building national highways (NH) to speed up the construction of roads in the country by renewing the interest of private developers in highway projects.

  • Top actively traded tax-free bonds that bring safety and returns for retirees Mar 31, 2022 09:08 AM IST

    Top actively traded tax-free bonds that bring safety and returns for retirees

    Moneycontrol presents a list of the most liquid tax-free bonds that also give high returns. These bonds can be a better investment solution for fixed income investors including retirees

  • NHAI’s second InvIT to be delayed due to volatile markets Mar 11, 2022 05:40 PM IST

    NHAI’s second InvIT to be delayed due to volatile markets

    Already deferred due to the third wave of the pandemic, uncertainties arising from the Russia-Ukraine conflict have forced a further postponement.

  • Ukraine flare-up: How oil price surge could play spoilsport in Centre's funding plans for roads Mar 03, 2022 09:51 AM IST

    Ukraine flare-up: How oil price surge could play spoilsport in Centre's funding plans for roads

    Soft crude oil prices between 2015 and 2021 had allowed the central government to raise cess to a peak of Rs18/litre by September 2021 from Rs2/litre in FY2015 

  • Is 70 km per day highway construction too much of a stretch for the road ministry? Feb 23, 2022 07:06 PM IST

    Is 70 km per day highway construction too much of a stretch for the road ministry?

    Such targets can be met only if an average of 70 km of highways are constructed every day all through 2022-23. While this will provide strong visibility of the order book of construction companies, the pace of project execution was still a cause for concern in the sector, analysts said.

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