Exclusive

Publication

Byline

Centre overhauls highways construction bid process, timelines set for pre-bid clearances

New Delhi, June 22 -- In a move to speed up highway construction, the Centre has synchronized project approvals, awards and appointment of developers with milestones for land acquisition, environment,... Read More


Sivasubramanian Ramann assumes charge as the chairperson of PFRDA

New Delhi, June 20 -- The government on Friday appointed Sivasubramanian Ramann as the new chairperson of the Pension Fund Regulatory and Development Authority (PFRDA). He was appointed by a notifica... Read More


Independence Day: Toll relief, annual pass for pvt vehicles on highways from 15 Aug

New Delhi, June 18 -- The government on Wednesday announced a FASTag-based annual pass priced at Rs.3,000, effective from 15 August, offering commuters relief from having to paying frequent hefty toll... Read More


NHAI debars concessionaire for collapse of slope protection on NH-66 in Kerala

New Delhi, June 17 -- The National Highways Authority of India (NHAI) has debarred infrastructure company Megha Engineering and Infrastructure Ltd (MEIL) from participating in the highway developer's ... Read More


Facing road construction quality issues, Centre takes away state PWD and state department's powers for bidding out NHs

New Delhi, June 17 -- The Centre has withdrawn the powers of state PWDs (public works departments) and road construction departments (RCDs) to independently issue bid documents for national highway pr... Read More


Maruti Suzuki's Manesar plant gets cargo rail link

New Delhi, June 17 -- Railways minister Ashwini Vaishnaw on Tuesday inaugurated India's largest automobile in-plant railway siding, developed under the PM Gati Shakti mission, at Maruti Suzuki India L... Read More


NHAI eyes two InvIT rounds, auction of road bundles to private trusts for the first time

New Delhi, June 13 -- The National Highways Authority of India (NHAI) aims to raise Rs.20,000 crore via two offerings from its own infrastructure investment trust (InvIT) this fiscal, two people aware... Read More


NHAI eyes Rs.20,000 cr via two InvITs this year

New Delhi, June 13 -- The National Highways Authority of India (NHAI) aims to raise Rs.20,000 crore via two offerings from its own infrastructure investment trust (InvIT) this fiscal, two people aware... Read More


Cube Highways Trust completes acquisition of 2 highways in J&K from NIIF for Rs.4,185 crore

New Delhi, June 12 -- The National Investment and Infrastructure Fund (NIIF) and Cube Highways Trust (Cube InvIT), which are both managed by Cube Highways Fund Advisors Pvt. Ltd, announced on Thursday... Read More


NHAI outlines its asset monetization strategy for the first time

New Delhi, June 9 -- The National Highway Authority of India has for the first time outlined its strategy to monetize assets to unlock value and increase public-private participation for developing in... Read More