RSIL, a Pune-based infrastructure firm specialising in road and highway projects, had won several packages of the Delhi–Mumbai Expressway in Gujarat in 2021.
Users flag gap between on-ground rollout and Union minister of road transport and highways Nitin Gadkari’s promise of full project transparency
NHAI introduces India’s first wildlife-safe road on NH-45 in Madhya Pradesh with table-top red markings, underpasses and eco-friendly design to reduce animal-vehicle collisions.
This will be the second InvIT from NHAI, which operates a private InvIT, National Highways Infra Trust, which is anchored by global investors CPP Investments and Ontario Teachers’ Pension Plan
Centre pushes states to monetise transmission assets through a proposed tax-efficient model as India readies for a massive grid expansion requiring Rs 9.1 lakh crore by 2032.
Sources familiar with the matter said the government views a public InvIT as a critical tool to broaden market participation, reduce dependence on budgetary support and strengthen NHAI’s ability to recycle capital.
Steady rise in toll revenue reflects revised fees, efficient tolling, and higher share of heavy vehicles
Lower linking factor can also lower the debt-service coverage ratio that could be a challenge for operators who are highly leveraged
The highway users can upload geo-tagged pictures through the latest version of the ‘Rajmargyatra’ app and provide details such as user’s name, location, vehicle registration number and mobile number to get the FASTag credit.
This will be the second InvIT from NHAI, which operates a private InvIT, National Highways Infra Trust, anchored by global investors CPP Investments and Ontario Teachers’ Pension Plan
The nodal agency for highways is targeting a list of 124 projects at a cost of Rs 3.5 trillion in FY2026
India’s InvIT market has seen just four IPOs after the first such trust, IRB InvIT Fund, went public in 2017
“Why should a person pay Rs 150 if it takes 12 hours for him to get from one end of the road to the other end? A road which is expected to take one hour, takes 11 more hours and they have to pay a toll as well,” the CJI said.
The panel also raised alarm over the practice of perpetual tolling, which was made possible through an amendment to the Fee Rules in 2008 and further formalised in 2023.
This will be the second InvIT from NHAI that operates a private InvIT, National Highways Infra Trust, anchored by global investors CPP Investments and Ontario Teachers’ Pension Plan
Share of listed players falls to 24 percent now from about 61 percent in FY2016-18
The council's fitment committee has recommended exemption from GST on toll-operate-transfer contracts, which can benefit private road developers such as Adani Enterprises and IRB Infrastructure
If the entire portfolio of nine roads is sold, it will be the biggest such deal in India, exceeding KKR’s acquisition of 13 roads from PNC Infratech for Rs 9,000 crore
The train services had to be suspended as tracks were rendered unsafe owing to "improper" road repair work by NHAI in the area, said a NFR bulletin.
Faced with borrowing restrictions, the National Highways Authority of India (NHAI) is tapping into a bold new funding strategy—monetising its highway assets through Infrastructure Investment Trusts (InvITs). This move aims to reduce debt and invite the Indian public to invest directly in the nation's road infrastructure
Few companies have met their FY2025 order book guidance, given the slack in government tendering activity, particularly in roads
Road construction has slowed down in the past two years. While the reasons are known, whether they will continue to hold back growth is the key question
NHAI notifies toll rate hikes for all the national highways and expressways separately.
Apart from the changes in UPI Payments, GST portal, the Centre's decision to scrap 6% equalisation levy or Google tax will also come into force from tomorrow.
The rate is being hiked from April 1 for most toll plazas across the country based on the annual wholesale price index, NHAI officials have said