The National Highways Authority of India (NHAI) will soon raise Rs 5,000 crore through green masala bonds to be listed on London Stock Exchange, Union minister Nitin Gadkari said on Friday.
Infrastructure Leasing and Financial Services (IL&FS) the makers of India’s longest highway tunnel between Chenani and Nashri in Jammu and Kashmir have sent a team of experts to check problems of high pollution and poor visibility being faced by commuters inside the tunnel, an official said on Monday.
Reliance Infrastructure (RInfra) will reapproach the Securities and Exchange Board of India (Sebi) for its Infrastructure Investment Trust (InvIT) within a week, in order to raise Rs 3,000 crore in May
The road transport ministry and the National Highways Authority of India (NHAI) will use technology to assess the condition of roads including potholes, roughness and particularly the drainage system before monsoon sets in.
Highway construction in 2016-17 touched all time high at 8,144 km, which is 33% more than last year.
India’s government-run road builder will soon invite bids for long-term leases to manage a dozen stretches of national highways as it eyes foreign institutional investors for funds to improve the country’s road network.
Reliance Infrastructure has received National Highways Authority of India’s consent for its planned Rs 3,000 crore-Infrastructure Investment Fund
A Parliamentary committee has targeted the National Highways Authority of India (NHAI) for failing to meet its targeted funding amount.
PNC Infratech today said it has emerged as the lowest bidder for NHAI’s two highway projects worth Rs 2,720 crore in Uttar Pradesh and Madhya Pradesh.
The National Highways Authority of India (NHAI) is on the job to finish five expressway projects, including Rs4,428-crore Eastern Peripheral Expressway, to decongest Delhi, Parliament was informed on Thursday.