NHAI to build ₹4,000-cr Chattergala tunnel in J&K
The tunnel will offer alternate connectivity to hilly towns in the Jammu region.
The tunnel will offer alternate connectivity to hilly towns in the Jammu region.
NHAI removes Paytm Payments Bank from the list of 30 authorised banks for the FASTag service.
NHAI has adopted three modes for assets monetising which includes Infrastructure Investment Trust (InvITs), toll operate transfer (TOT), and project-based securitisation.
Just why does the muted trend in highway construction and contract award continue in FY24.
The authority will pare the debt using proceeds from toll receipts from the NH projects, revenue and premium received from the BOT projects, and asset monetisation and securitisation.
Around 1,367 km on Delhi-Mumbai Expressway and 512 km on Hyderabad-Bangalore Corridor have been identified as pilot routes for digital highway development.
As part of the institutional placement, Canada Pension Plan Investment Board has proposed to make an additional investment of ₹357 crore in NHAI InvIT.
Crisil attributes the likely slowdown in the project award to a limited rise in budgetary support and a higher capex for 70% of high-value expressways currently under construction.
The authority resolved these cases with a settlement amount that was about 28% of the total claimed amount.
Budget 2022 has projected that the Internal and Extra Budgetary Resources (IEBR) of highway regulator NHAI will dip to a mere ₹1 lakh in FY23.