On the issue of encroachments along national highways, the Himachal Pradesh high court has directed the competent authorities, both National Highway Authority of India (NHAI) and the state government, to remove encroachments over highways and submit compliance report within six weeks.
Facing criticism for inordinate delay in completion of the Muzaffarnagar-Haridwar and Haridwar-Dehradun stretches of NH-58, the NHAI has served termination notice to the contractor for the first corridor and has terminated the contract for the Dehradun stretch.
After several missed deadlines, legal hassles and protests by plot owners, the Haryana Shahari Vikas Pradhikaran (HSVP) on Saturday said that it was ready to hand over the Dwarka Expressway carriageway project to National Highways Authority of India (NHAI).
Facing the prospect of low traffic volumes on some of its upcoming highways owing to parallel projects, the National Highways Authority of India (NHAI) has tweaked the second bundle of contracts to be offered under the toll-operate-transfer (TOT) model.
With the government focusing on road building, a key benchmark of economic activity, the money borrowed by the National Highways Authority of India (NHAI) has jumped a little over 18 times to Rs 620 billion since 2014
The government is considering easing the mandatory 80% land acquisition condition before highways construction can start to speed up road building and start more projects before the next elections.
The members of All Dibrugarh District Students’ Union recently submitted a memorandum to the Chief Minister of Assam through the DC regarding the repair of the NH-37 and its subsidiary roads which were lying in a poor state in the district.
The National Highways Authority of India (NHAI) has started the process to raise about Rs 40 billion through a bond issue in the domestic market, the process for which has already begun with the selection of lead bankers, including Axis Bank and SBI Caps.
Union Transport Minister Nitin Gadkari on Wednesday made a case for channelising more retail money into infrastructure sector, stating that the NHAI was even willing to offer higher returns that those provided by banks.
The Ministry of Road Transport and Highways, in a last-ditch attempt, has come up with another mechanism for saving the 14 remaining projects, though with riders.
