National Highways Authority Of India

Union 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!

Learn 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.

Under this portal, the vendors are required to conduct a self-assessment and upload the documents related to the project activities being executed by themSuitable amendments in bidding documents are being incorporated to make rating of vendors as one of the qualification criteria

The prevailing condition may be treated as 'Force Majeure' of concession or contract agreement in terms of the finance ministry, it had saidThe government had on 25 March announced temporarily suspending toll collection on national highways to ease emergency services

35% of toll kitty over the 401km and 7 highways in TOT-IV accrue from Pimpalgaon-Nashik-Gonde stretchMeanwhile, the bidding window for TOT-III was extended to 31 October, raising concerns that perhaps the response to this bundle was also tepid

India Ratings and Research revised its roads sector outlook to stable-to-negative from stableThe subdued funding climate and the fall in traffic volumes have hamstrung private developers, who are unable to participate in bids for new projects

The project was earlier allotted to Infrastructure Leasing & Financial Services (IL&FS)The NHAI chairman also said four financial bids have been received for Z-Morh tunnel project in Jammu & Kashmir

'Road infrastructure has become financially unviable,' PMO wrote in a letter to National Highways Authority of IndiaTo solve the crisis, the PMO has suggested that NHAI aggressively monetise its existing assets

The government has approved raising of Rs62,000 crore by National Highways Authority of India (NHAI) in 2018-19

After the IL&FS crisis, funding infra projects has become tough, said Sandeep Upadhyay of Centrum Capital