Post Tagged with: "NHAI"

NHAI projects to yield Rs.1.25 lakh Cr

NHAI projects to yield Rs.1.25 lakh Cr

The National Highway Authority of India’s bond issuance is likely to be out in March or April 2018. This was revealed by union road transport minister Nitin Gadkari according to industry sources. Sources claimed that the government was looking at NHAI to use its surplus funds before embarking on the bond issue. The funds allocated for infrastructure development in Budget[Read More…]

by February 18, 2018 News

NHAI to go public?

Union road transport minister Nitin Gadkari has hinted at inviting public money to fund National Highway Authority of India (NHAI) projects. Industry sources claim that the NHAI IPO is in the works, and will soon get an approval from ministry of finance. The government is confident of raising Rs.10 trillion from investor subscriptions. The minister expects that the NHAI IPO[Read More…]

by October 25, 2017 News

NHAI bans overloaded vehicles on Pune-Solapur highway

The National Highways Authority of India (NHAI) has banned overloaded vehicles on the Pune- Solapur highway. This is in view of the damage to road infrastructure the overloaded trucks are inflicting. This is resulting in heavy maintenance costs, and is claimed to be a major contributor to road accidents and pollution. The ban, claim sources, will be implemented through specially[Read More…]

by October 27, 2016 News