The plan, included in the 100-day agenda of the road ministry, involves retiring high-interest long-term debt and bringing down the interest payment, thereby allowing the NHAl to expand its highway network.
3 min read16 Apr 2024The state-owned company built 6,644 km of national highways in FY24 against the target of 6,544 km. In FY23 it built 5,544 km of national highways.
1 min read2 Apr 2024Relief for Indian commuters: There will be no hike in toll tax rates for the next two months. Check out why the NHAI has been asked to postpone it
1 min read2 Apr 2024Union transport Minister Nitin Gadkari has announced that the government is ending the current tolling system on highways, and satellite based toll collection will be introduced soon. This will first be implemented on select sections of national highways for testing. But how exactly will this system work, when will it be implemented and how's it different from the FASTags that are already being used? Watch!
30 Mar 2024In the third round of monetisation, NHAI’s infrastructure investment trust raised around ₹7,272 crore from domestic and international investors, and debt of around ₹9,000 crore from Indian lenders to fund the acquisition of national highway stretches.
2 min read19 Mar 2024Learn about the remarkable growth of India's national highways and road network under the leadership of Union Minister Nitin Gadkari. With a 59% increase in total highway length and a significant reduction in waiting time at toll plazas, India now has the second-largest road network globally. Gadkari highlights the success of initiatives like FASTag and emphasizes the expansion of highways in the North East region. The video also explores the government's focus on sustainable practices, including the utilization of garbage in road construction and the promotion of electric vehicles.
11 Jul 2023Last date of submission of bids is 23 DecIn a first, the highway authority did not disclose the initial estimated concession value or the reserve price
1 min read28 Sep 2020This is among a host of decisions taken by the NHAI to speed up road-building as part of new policy guidelines
2 min read28 Sep 2020The TOT model was introduced in 2016 to monetise publicly-funded highways, where investors could make a one-time payment for toll collection rights for 30 years
1 min read28 Sep 2020Based on the request of National Highways Builders’ Federation (NHBF), National Highways Authority of India (NHAI) has urged union road ministry to extend the contract period up to six months
1 min read25 Sep 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared