NHAI invites bids for 15 BOT road projects after 8 years

NHAI invites bids for 15 BOT road projects after 8 years

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.

Unsecured loan: NHAI to raise Rs 25k crore from SBI

Unsecured loan: NHAI to raise Rs 25k crore from SBI

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.

Soon, you may have to pay highway toll based on distance actually travelled

Soon, you may have to pay highway toll based on distance actually travelled

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.

NHAI May Compensate Some Projects Affected By Bharatmala

NHAI May Compensate Some Projects Affected By Bharatmala

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.