Tag: nhai
NHAI sets up an asset monetisation cell; aims to achieve over Rs 50,000 crore monetsiation target for 2024-25
The National Highways Authority of India (NHAI) has set up an asset monetisation cell to drive its future monetisation plans besides overseeing the monetisation of…
NHAI advises Paytm FASTag users to switch to other FASTags by March 15 or face penalties
The National Highways Authority of India has advised Paytm FASTag users to procure a new FASTag by a different issuing bank before March 15, 2024…
Finance ministry steps up capex scrutiny on front-loading funds to states
After front-loading tax devolution and funds for capital expenditure to states, the finance ministry is keeping a close watch on the utilisation of the funds…
NHAI looks to pare debt via asset monetisation, higher toll income
The National Highways Authority of India (NHAI) has drawn up a plan to pare its debt, which stood at Rs 3.43 lakh crore at the…
NHAI eyes raising Rs 60,000 crore by securitising four highways
The National Highways Authority of India (NHAI) is aiming to raise Rs 60,000 crore by securitisation of four under construction road projects. According to senior…
road projects inflation: Modi govt’s road dreams may take a backseat on cash flow and debt issues
If the recent trends of cashflow challenges and weak orders are anything to go by, Prime Minister Narendra Modi‘s government’s thrust on road and highway…
High Court seeks Centre’s response on plea asking banks to pay interest on FASTag collected money
The Delhi High Court has sought response of the NHAI and the Centre on a plea seeking to direct banks to pay interest to the…
MoRTH plans to raise Rs 35,000 crore through asset monetisation this fiscal: Official
The Ministry of Road Transport and Highways (MoRTH) plans to raise Rs 35,000 crore through various modes of asset monetisation in this financial year, against…
Construction of national highways at 10,993 kms in 2022-23: MoRTH
The construction of national highways in 2022-23 was 10,993 kilometres, falling 13.70 per cent short of the government’s target of 12,500 km, according to the…
GR Infra: GR Infra lowest bidder for 2 NHAI projects worth Rs 1,613 cr in Karnataka
GR Infraprojects Ltd on Tuesday said it has emerged as the lowest bidder for two NHAI projects worth Rs 1,613.84 crore. The financial bids were…