NHAI awards first international project to Punj Lloyd-Varaha JV

September 2017

NHAI has awarded an EPC project in Myanmar to the Punj Lloyd-Varaha (JV), which is also its first international project. This will involve upgrading ...

Tags: NHAI, EPC project, Punj Lloyd-Varaha, Construction

Government’s focus on road sector yields positive results: ICRA

September 2017

Effective policy measures by the Government over the last 36 months have revived the Indian road sector and supporting the execution pace. According ...

Tags: ICRA, ROB, RUBs, Sand mining, Shubham Jain, NHAI, Road sector, EPC, HAM, MoRTH

Govt saved Rs 3 lakh crore loans to road sector turning into NPAs: Gadkari

September 2017

The NDA government has managed to save Rs 3 lakh crore worth bank loans to the road sector turning into NPAs, according to the minister of road trans...

Tags: Nitin Gadkari, NDA government, IACC, NHAI, Infrastructure, Ports, Inland Water Ways, Logistics, Equipment, Uber type, Sagarmala project

OPERATION IN(FRA)SOLVENCY

September 2017

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolven...

Tags: Investments, Insolvency, Bankruptcy Code 2016, NPA, ICRA, Ajit Gulabchand, NITI Aayog, Ashwini Mehra, State Bank of India, Infrastructure, IDFC, CMIE, MOSPI, NHAI, Hari Sankaran

Will NHAI’s new system to make roads safer and greener work?

August 2017

The NHAI is gearing up to launch an incident management system, aiming to make highways and roads safer and more environment conscious. Each year, ne...

Tags: NHAI, Incident management system, FASTags, CNG fuel stations, Collect tolls electronically, e-system

Government reorganises road projects worth Rs 1 lakh crore

August 2017

The year 2016-17 saw a joint effort by the NHAI and MoRTH to reorganise nearly 88 per cent of road projects involving about Rs 1 lakh crore of invest...

Tags: NHAI, MoRTH, Investment, Public transportation, Vehicles carrying goods, Setu Bharatam programme

22 NHAI projects under HAM get financial closure

August 2017

Of the 43 projects awarded by NHAI, 22 have achieved financial closure as banks appear to be warming up to road projects under the hybrid annuity mod...

Tags: NHAI projects, HAM, Sadbhav Engineering, Nitin Gadkari, IIFCL, HDFC

About 53 per cent of awarded projects in FY2017 made through HAM as compared to 8 per cent in FY2016

August 2017

The Hybrid Annuity Model (HAM) garnered a favourable response from both the EPC and the BOT players with intense competition till January 2017. HAM h...

Tags: Hybrid Annuity Model, NHAI, EPC, BOT, BPC, HAM, ICRA