After a gap of almost eight years, the National Highways Authority of India (NHAI) has called for prequalification bids from road developers for 15 build-operate-transfer (BOT) roads with a tentative total project cost in excess of Rs 22,000 crore and totalling nearly 800 km.
Wait! Halt long term FD investment plan. Soon, NHAI Bharatmala Bonds may offer high interest rate for 10 years!
The National Highways Authority of India (NHAI) plans to raise Rs 10,000 crore as per the draft document filed with the Securities and Exchange Board of India (SEBI), for public issue of taxable, secured redeemable non-convertible bonds.
The Union road transport ministry is planning to opt for a rebidding of the second bundle of road projects under the toll, operate, transfer (TOT) model after the highest bid received for the projects from Cube Highways at Rs 4,612
LogoThe National Highways Authority of India, NHAI, is constructing highway nests at toll plazas for a safe and comfortable journey for passengers.
The National Highways Authority of India (NHAI) has filed draft papers with markets regulator Sebi to raise up to Rs 10,000 crore through bonds to finance its various projects.
National Highways Authority of India (NHAI) would be borrowing over Rs 2 lakh crore from the market for a five-year period. The funds would be raised to partly finance a slew of infrastructure projects, including the ambitious Bharatmala.
In a break from convention, the National Highways Authority of India (NHAI) on Friday concluded an agreement with State Bank of India (SBI) to raise Rs 25,000 crore from the country’s largest bank as an unsecured loan, mainly to finance fully-state-funded engineering procurement and construction (EPC) projects.
Each time a vehicle pays a toll on a national highway, its movement could now be mapped for the distance it actually travels on that road. This would be done to charge toll in proportion to the road facility used by that vehicle. Pilot run for such “geo-fencing” on the Delhi-Mumbai highway is expected to begin in the next couple of weeks as the Ministry of Road Transport and Highways and the National Highways Authority of India (NHAI) is finalising the proposal of charging a toll based on the distance travelled.
Having entered the road construction business with its first hybrid annuity model project, the Adani Group may now look at the toll-operate-transfer (TOT) model, according to a spokesperson for the group.
The National Highways Authority of India (NHAI), to ensure smooth implementation of the ambitious Bharatmala project, is working on a policy to compensate brownfield projects that have either reached traffic maturity or are likely to be impacted by the over Rs5-trillion roads project.