Within the road EPC sector, Nomura prefers PNC Infratech over KNR Constructions, because the former has a larger order book which provides higher revenue visibility, and has comparatively lower valuations.
The governor took detailed information about the NHAI projects, especially Kiratpur -Nerchowk, Pandoh - Takoli and Takoli - Kullu projects, which will be completed soon.
Rising share of HAM model in overall ordering of road projects has increased NHAI’s debt servicing liability, perhaps limiting the pace of orders
The financial bids were opened on March 28, 2023, GR Infraprojects said in a BSE filing.
Collectively 8,064 km of national highways have been constructed in 2022-23 till February, which makes it nearly impossible for the government to meet its target of 12,000 km by the end of March.
In the current financial year, NHAI had initially planned to award 600-1,000 km highway stretches through the BOT model and managed to award projects of around 650 km, an NHAI official said.
The tribunal was hearing a petition claiming the generation of dust because of the non-sprinkling of water at village Khampur and other stretches, and not following the principles of compensatory afforestation and non-compliance with the Green Highways (Plantation, Transplantation, Beautification and Maintenance) Policy.
NHAI said that the movement of high-speed vehicles may pose risk to the safety of certain classes of comparatively slow-moving vehicles.
The NHIT, the infrastructure investment trust of the National Highways Authority of India, will take possession of the six road assets by March.
Analysts say that the trend of near-zero borrowing by NHAI would continue in FY2024, as was demonstrated in FY2023, in spite of the planned increase in tendering activity
The phenomenal ease of travel on this well planned, thoughtfully connected, people-friendly and eco-sensitive expressway will bring opportunities, growth and dreams closer to reality for millions of people
IRB Infrastructure Developers in a statement said the company has mobilised the resources and commenced construction on the project.
New Delhi, Jan 24 Total toll collection through FASTag on fee plazas, including state highway toll plazas, increased 46 per cent to Rs 50,855 crore in 2..
The National Highways Authority of India (NHAI) in a statement said ATMS has been implemented for around 3,000 kilometres of national highways.
Budget 2023: This rise in allocation is in line with the government’s plan to recapitalize NHAI’s balance sheet with higher budgetary support and zero market borrowings.
In case a motorist does not have a FASTag or it is non-functional, then the person has to pay double the toll charges at toll plazas.
Yadav, a 1995-batch Indian Administrative Service (IAS) officer of the Uttar Pradesh cadre, is currently additional secretary in the Department of School Education and Literacy, Ministry of Education.
NHAI order inflows have risen sharply in the last two months. With borrowing stalled in FY2023, NHAI’s healthier balance sheet along with asset monetisation should lift ordering activity
While NHAI has done creditable work to increase road construction across the country, it has incurred heavy debt to drive that activity.
: The number of bridge collapses has come down over the years, but even one bridge that crumbles is one too many.
The government will audit roads more frequently, get rid of accident-prone areas and deploy drones to survey projects.
Due to poor road infrastructure and maintenance, at least 12 people died in road accidents in India every day in 2021. The figures will be higher if the number of cases that go unreported is taken into account
Our specially curated package of the most interesting articles to help you stay at the top of your game.
The move is expected to help improve the efficiency and transparency of internal processes and take forward the adoption of digital technology, the regulator has said
The direction came from the bench comprising Chief Justice P B Varale and Justice Ashok S Kinagi, hearing a public interest litigation (PIL) regarding the bad condition of roads in Bengaluru.