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National Highway Authority of India News

13 Mar 2024

NHAI Revised Banks & NBFC List To Issue FASTags: Check New Authorized Entities

The revised list now includes 39 entities authorized to issue FASTags.

National Highway Authority of India

14 Oct 2022

NHAI InvIT: Now invest as low as Rs 10,000 in road projects, earn return of 8%

NHAI InvIT is the infrastructure investment trust sponsored by the National Highway Authority of India NHAI InvIT is aimed at supporting the government's National Monetization Pipeline NHAI InvIT has raised more than Rs 8,000 crore so far

19 Feb 2021

Here's how to get free FASTag at toll plazas till March 1

If there are any technical errors at toll plazas, FASTags users can cross the plazas without even paying a single penny as long as there is balance in their tags, said NHAI officials. FASTag usage reached the level of almost 9 in 10 users after two days of NHAI making electronic toll payment mandatory. NHAI further stated that users can get a free FASTag at 770 toll plazas on National and State highways across the country till March 1.

29 Oct 2020

Time to show incompetent officers the door: Gadkari on corrupt NHAI officials

Nitin Gadkari reprimanded officials during a National Highway Authority of India (NHAI) programme. Gadkari, via video conferencing, inaugurated the new NHAI building in Dwarka on October 26. He got angry at the delay in the construction of the building and spoke about showing exit to the officials responsible for it.

National Highway Authority of India

12 Aug 2020

NHAI to build 22 expressways with Rs 3.3 lakh crore investment

NHAI board has approved the first SPV for Delhi-Mumbai Expressway, which will be wholly owned by the highways authority It would be easier for the SPV to get lending from financial institutions, banks, insurance firms, and pension funds as NHAI is a sovereign entity In the first SPV formed for Delhi-Mumbai Expressway worth Rs 45,000 crore, the NHAI will infuse Rs 5000 crore while the rest Rs 40,000 crore will be taken as loan from market

28 Jul 2020

NHAI approves Rs 55 crore project for work at Ayodhya bypass

As of now, nearly 30% of the civil work is done. NHAI approved the project in two separate parts where the civil work of the Ayodhya bypass will cost over Rs 40 crore, while the beautification work will amount Rs 15 crore.

National Highway Authority of India

12 Jun 2020

NHAI becomes ‘Fully Digital’ with Data Lake and Project Management Software

The NHAI's entire project management workflow is transformed from manual to the online portal based, wherein the complete project execution operations including ‘workflow with timelines’ and ‘alert mechanism’ have been configured.

16 Jan 2020

FASTag rules relaxed for 65 NHAI toll plazas with high cash transactions

The move comes in the wake of NHAI raising concerns regarding high cash transactions on its 65 identified fee plazas.

01 Aug 2017

Rahul Gandhi hands over memorandum over farmers' land issue to NHAI

Congress vice-president Rahul Gandhi on Tuesday met National Highways Authority of India (NHAI) officer Rajiv Agrawal and handed over a memorandum over farmers' land issue in his constituency Amethi.

01 Aug 2017

Rahul Gandhi in Lucknow to demand compensation for Amethi farmers

Congress vice-president Rahul Gandhi is visiting National Highway Authority of India`s (NHAI) regional office in Lucknow on Tuesday to demand compensation for farmers in his constituency Amethi`s Jagdishpur in connection to the expansion of a highway towards Varanasi.

12 Feb 2017

Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari

With the National Highway Authority of India having received a mandate from the Budget to raise Rs. 70,000 crore through infrastructure bonds and easy availability of low cost overseas loans for the AAA rated NHAI, the government`s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Nitin Gadkari has said.

Cabinet Committee on Economic Affairs

20 Oct 2015

'Lenders may reject NHAI fund to revive Rs 450 billion road projects'

Government intervention of one time funding to revive languishing highway projects will be beneficial for about 50 projects worth Rs 450 billion but lenders may be hesitant for such assistance, India Ratings and Research (Ind-Ra) said today.

26 Aug 2015

Developers allowed to divest 100% equity in road projects

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

IRB Infrastructure Developers Ltd

28 Jul 2015

IRB infra arm ties up Rs 1,400 cr for NHAI project

IRB Infrastructure Developers Ltd Tuesday said its subsidiary has tied up Rs 1,400 crore funds to execute a project awarded by National Highway Authority of India.

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