Nhai

Lower linking factor can also lower the debt-service coverage ratio that could be a challenge for operators who are highly leveraged

See a dirty toilet on highway? Click, report and earn Rs 1,000 FASTag credit

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.

NHAI picks advisers for Rs 10,000-crore InvIT IPO

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 

NHAI’s sharp decline in debt -- a shot in the arm for highway projects?

The nodal agency for highways is targeting a list of 124 projects at a cost of Rs 3.5 trillion in FY2026

InvIT IPOs gain momentum with deals worth over Rs 20,000 crore in the pipeline

India’s InvIT market has seen just four IPOs after the first such trust, IRB InvIT Fund, went public in 2017

‘Delhi paralysed with merely two hours of rain’: CJI Gavai questions toll in Kerala NHAI case

“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.

Parliamentary panel flags major concerns over toll collection on national highways

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.

NHAI begins work on Rs 10,000-crore InvIT IPO, to appoint legal advisers soon

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 

Amid weak awards, listed firms’ share in road construction drops sharply

Share of listed players falls to 24 percent now from about 61 percent in FY2016-18

GST Council may give relief to NHAI toll contractors in upcoming meet

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

Macquarie prepares to sell its TOT road bundle for $1.5 billion

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

Rail services to Tripura, Mizoram, Manipur, south Assam remain disrupted for 5th day

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.

NHAI's funding dilemma

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

Why diversified infra firms are on better ground than their highway counterparts

Few companies have met their FY2025 order book guidance, given the slack in government tendering activity, particularly in roads

Chart of the Day: On a slippery road

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 increases toll fee by 4-5% across country starting today

NHAI notifies toll rate hikes for all the national highways and expressways separately.

From LPG prices and highway tolls to UPS portal launch: 10 big changes from April 1, 2025

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.

Karnataka: Toll on Bengaluru airport road, other stretches to go up from April 1

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

NHAI looking to work with financial institutions, banks to operate barrier-free toll plazas

The Dwarka Expressway and Delhi -Chandigarh stretch of National Highway 44 will be the first two highways where the new tolling systems are proposed to be implemented.

PNC Infra shares rise over 7% after MoRTH, NHAI reduce disqualification period

MoRTH's PNC Infra order dated February 6, 2025 conveyed the reduction in the period of disqualification (debarment) from one year to four months from the date of original debarment order dated October 18, 2024, subject to NHAI procedures.

Govt keeps NHAI’s borrowings to a minimum for 4th straight year

This move is part of the government’s efforts to reduce the highway developer’s debt. NHAI’s debt stood at Rs 3.44 lakh crore at the end of January 2022, against Rs 24,188 crore in 2014-15, a 14-fold rise in less than seven years

NHAI plans to further reduce debt by around Rs 20,000 crore by March-end

So far in 2024-25, a significant portion of MoRTH's capital expenditure has gone to help NHAI refinance its debt levels. The NHAI has used around Rs 40,000 crore of the highway ministry's budgetary allocation to repay loans.

Budget 2025: Besides higher capex, India must boost private investment in roads

The government’s capital outlay for the road sector is likely to increase by 8-10 percent in FY2026 budgeted expenditure, which is likely to support the improvement in road execution

Stocks On Radar: Info Edge, SH Kelkar, Ashoka Buildcon, NHAI I Focus | January 07

Catch up on the latest market updates! SH Kelkar sees strong Q3 demand and stays on track for double-digit growth despite margin pressures. Info Edge reports 15.8% YoY billing growth, driven by recruitment and real estate. NSECO wins a ₹75 crore project for Wayside Amenities on Bengaluru-Chennai Expressway, with projected revenue of ₹350 crore from Year 4. Caplin Point’s Tamil Nadu facility gets US FDA clearance with zero observations, and Ashoka Buildcon signs a ₹1,391 crore road project with NHAI.

'Why can't govt of India adhere to timelines': SC calls for introspection over delay in filing pleas

The Supreme Court was hearing a plea by the NHAI when it called for an introspection by government authorities over excessive delays in filing of appeals.