IRB Infra subsidiary ties up Rs 3,300 cr for NHAI project

Last Updated: Monday, February 13, 2012, 20:06

IRB Infrastructure Developers on Monday said its subsidiary has tied up the Rs 3,300 crore required to execute a project awarded by the National Highways Authority of India.

Govt approves upgradation of 20,000 km roads under NHDP

Last Updated: Thursday, February 2, 2012, 21:57

The government on Thursday approved plans to upgrade of 20,000 km roads in various states under its flagship programme National Highways Development Project (NHDP), an official said.

NHAI retail bond sale oversubscribed

Last Updated: Thursday, December 29, 2011, 19:25

National Highways Authority of India's (NHAI) first sale of retail bonds has received bids for nearly five times the base amount so far, capitalising on investors' appetite for safe havens as the global debt crisis keeps domestic equity markets lacklustre.

Electronic toll collection on highways from next year: NHAI

Last Updated: Tuesday, December 27, 2011, 21:43

ETC shall replace the current cash tax payment system on the toll booths, where people have to pay after every 60-70 km stretch.

NHAI may opt for EPC route in bidding

Last Updated: Monday, December 26, 2011, 22:11

National Highways Authority of India (NHAI) plans to use the engineering procurement and construction (EPC) mode of road bidding for most of its projects, a senior official said on Monday.

NHAI to launch Rs 5,000 cr tax-free bonds issue on Dec 28

Last Updated: Friday, December 23, 2011, 18:46

Amid volatile capital markets, the National Highways Authority of India today announced the launch of its first ever tax-free bonds issue of Rs 5,000 crore on December 28.

Odisha asks NHAI to modernise national highways

Last Updated: Wednesday, November 9, 2011, 12:49

The Odisha government has urged the National Highway Authority of India (NHAI) to upgrade, maintain and modernise national highways in the state.

Road Ministry to roll out $120-bn projects to widen NHs

Last Updated: Sunday, November 6, 2011, 17:09

In a bid to attract foreign investors to its ambitious highways building programme, the Road Transport Ministry plans to roll out projects worth USD 120 billion by 2016, a top official said.

GVK bags Rs 4,000 cr order from NHAI

Last Updated: Monday, October 3, 2011, 22:27

Infrastructure developer GVK on Monday said it has bagged order worth Rs 4,000 crore for the four- laning of the Shivpuri-Dewas section of National Highway 3 in Madhya Pradesh from the NHAI.

Essar-Atlanta JV bags over Rs 1,000 cr NHAI project

Last Updated: Tuesday, September 13, 2011, 19:33

The National Highways Authority of India Tuesday awarded a Rs 1,043-crore contract to a joint venture between Essar Projects and Atlanta Ltd, which will fetch it a premium of about Rs 250 crore.

BJP to put hoardings about poor national highways

Last Updated: Tuesday, August 23, 2011, 15:16

Madhya Pradesh BJP will put up hoardings along national highways in the state to underline their bad condition and highlight that it is the Centre which is responsible for maintaining them.