Accept old Rs 500/1,000 notes till Nov 11: NHAI to toll plazas
Posted on 9th November 2016 |
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To avoid long queues at toll plazas Pan India, the government today asked them to accept the old Rs 500 and Rs 1,000 currency notes till November 11 midnight. The decision was taken after National Highways Authority of India (NHAI) Chairman Raghav Chandra took up the matter with the Prime Minister's Office after being flooded by calls from states over the grim situation at toll plazas. |
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National Highways: NHAI’s toll-operate- transfer model may bring new opportunities for players
Posted on 2nd November 2016 |
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The toll-operate and transfer (ToT) model, through which the government intends to lease out 75 operational national highways essentially to private players, including global funds with patient capital, is likely to open up a new set of business opportunity for existing players as well as new entrants into the operation and maintenance (O&M) space. |
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NHAI awards Rs 1,444 crore Punjab contract to GR Infraprojects
Posted on 1st November 2016 |
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National Highways Authority of India (NHAI) today said it has awarded a Rs 1,444 crore contract for widening of a highway stretch in Punjab to GR Infraprojects Ltd. “The NHAI has issued Letter of Award (LOA) for development of national highway section in the state of Punjab under phase IV of National Highways Development Projects (NHDP),” NHAI said in a statement. |
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NHAI awards Rs 249 crore project in Haryana to Gawar Construction
Posted on 22nd September 2016 |
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National Highways Authority of India (NHAI) on Thursday said it has awarded a Rs 249 crore project in Haryana to Gawar construction for the widening of a stretch on NH 73. "NHAI has issued Letter of Award (LOA) to Gawar Construction for four-laning of Panchkula-Yamunanagar Section," the authority said in a statement. |
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NHAI awards Rs 820 cr project in Rajasthan to PNC Infra
Posted on 7th September 2016 |
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The National Highways Authority of India (NHAI) today said it has awarded a Rs 820 crore highway project in Rajasthan to PNC Infratech. “NHAI has issued letter of award (LOA) for development of NH-11A (Extn) 4-laning/2-laning with paved shoulder of Dausa-Lalsot-Kauthun section to PNC Infratech Ltd,” NHAI said in a statement. |
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Ramky Infrastructure gains 14 per cent on bagging NHAI contract worth Rs 700 crore
Posted on 30th August 2016 |
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Ramky Infrastructure shares gained nearly 14 per cent in early trade on Tuesday after it along with Ashoka Buildcon bagged a contract for building two highway projects in Jharkhand worth Rs 1,646 crore by National Highways Authority of India (NHAI). Both the projects are related to widening of a road stretch on NH 32 and NH 33. |
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Gammon India shares surge over 16% on bagging Rs 870 cr road contract from NHAI
Posted on 18th August 2016 |
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Gammon India shares surged over 16 per cent on Thursday after the infrastructure company bagged a civil Engineering, Procurement and Construction (EPC) order worth Rs 869.99 crore from National Highways Authority of India (NHAI) for widening of a highway in Karnataka under NHDP. The project Gammon India has won is for four laning of Hospet – Bellary – Karnataka / AP Border from Km.280.080 (Design Ch.) to Km.375.450 (Design Ch.), design length 98.370, NH-63 in the State of Karnataka under NHDP Phase-IVB on EPC mode. |
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NHAI to get more powers for swift decision-making
Posted on 17th August 2016 |
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The proposal has received in-principle approval of Prime Minister Narendra Modi, road transport and highways minister Nitin Gadkari said here on Tuesday. “Since expenditure secretary, economic affairs secretary and road secretary are all there in the NHAI Board, what is the need of forming committees after committees for project approvals? There is no problem in giving powers to NHAI Board,” Gadkari said. |
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Nearly 15,000 km roads to be made into four-lane highways
Posted on 13th August 2016 |
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National Highways Authority of India (NHAI) will convert about 15,000 km of roads from two-lanes to four-lanes for enhancing the economic efficiency of the highways. "We are looking at economically efficient corridors and have identified around 15,000 km of roads, which we will convert from two-lanes to four-lanes, to increase their economic efficiencies by connecting points that have been left out historically," NHAI Chairman Raghav Chandra said at a road conference organised by Assocham. |
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Regulatory issues, land acquisition delay 112 NHAI projects
Posted on 8th August 2016 |
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NEW DELHI: As many as 112 projects of the National Highways Authority of India (NHAI) are running late on account of factors like delays in land acquisition and regulatory hurdles, Parliament was informed on Monday. "One hundred and twelve projects of NHAI are delayed beyond the scheduled date of completion. These include projects currently under implementation also," Minister of State for Road Transport and Highways Mansukh Lal Mandaviya told the Rajya Sabha in a written reply. |
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