New Delhi, December 24: In a major boost to India’s infrastructure monetization program, the National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India (SEBI) for its Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT). The move is expected…
Tag: NHAI
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87-km Bottleneck Delays ₹1 Lakh Crore Delhi–Mumbai Expressway
The ambitious Delhi–Mumbai Expressway, envisioned as India’s fastest and most transformative road corridor, has hit a significant roadblock. Despite nearing completion across most states, a short 87-kilometre stretch in Gujarat has delayed the full operationalisation of the ₹1.04 lakh crore project by nearly four years, raising concerns within the Ministry…
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NHAI Launches Red Marked Highway in Tiger Zone
As India accelerates the expansion of its national highway network, the National Highways Authority of India (NHAI) is reshaping the narrative of infrastructure development by placing safety, sustainability and conservation at the heart of road engineering. A pioneering initiative implemented on a forest and ghat section of a National Highway…
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Govt Tightens Road Arbitration Rules to Curb NHAI Delays
The Union government has taken decisive steps to prevent long-pending arbitration cases from derailing India’s highway development projects. With claims against the National Highways Authority of India (NHAI) now nearing ₹1 trillion, authorities are moving to cap arbitration extensions and introduce stricter oversight mechanisms to reduce delays and financial losses….
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NHAI Strengthens RFP Norms to Improve Highway Projects
The National Highways Authority of India (NHAI) has issued clarifications to the provisions of its Request for Proposal (RFP) to enhance the quality, transparency, and timely execution of National Highway projects. These reforms aim to tighten contractor qualification norms, curb unauthorized subcontracting, and ensure financial accountability in project execution. Refining…
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NHAI Launches India’s First MLFF Tolling in Gujarat
New Delhi, August 31: The National Highways Authority of India (NHAI) has taken a historic step towards revolutionising tolling by signing an agreement with ICICI Bank to implement India’s first comprehensive Multi-Lane Free Flow (MLFF) tolling system at Choryasi Fee Plaza in Gujarat. The agreement was signed at the NHAI…