NHAI to take unsecured loan of Rs 25,000 Cr from SBI

By Accommodation Times  Bureau NEW DELHI National Highways Authority of India (NHAI) will sign a MoU with SBI for an unsecured loan of Rs 25,000 crore for 10 years with 3 years of moratorium on repayments on August 3, New Delhi in presence of Nitin Gadkari, Minister of Road Transport & Highways. This is

NHAI signs First International Project

By Accommodation Times Bureau MYANMAR To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand, the National Highways Authority of India has signed an agreement for upgradation of Yagyi – Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lanes

Dilip Buildcon Ltd acquires NHAI road project worth Rs 565 Cr in Maha

By Accommodation Times Bureau NEW DELHI Highway developer Dilip Buildcon Limited (DBL) has secured a road project worth Rs 565.02 crore from National Highway Authority of India (NHAI) in Maharashtra, it said on Wednesday. Dilip Buildcon said in a BSE filing that, "The Company has been declared L-1 bidder for a new Engineering, Procurement,

NHAI issues Letter of Awards for development of NH in MP

By Accommodation Times Bureau NEW DELHI The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for the development of the following national highway section in the state of Madhya Pradesh: NH No. Section Length Total Capital Cost Contractor’s Name NH-12 Hiran River to Sindoor River from km 66.00 to Km 130 section 64 km Rs. 866.39  Crore M/s

NHAI toll plazas soon to have Highway Nest, food, beverage kiosks

By Accommodation Times Bureau NEW DELHI Toll plazas run by National Highways Authority of India (NHAI) will soon have kiosks selling drinking water, tea/coffee, and packaged food for the convenience of highways users, the authority yesterday said. Termed as Highway Nest (Mini), these kiosks are under construction on both up-side and down-side at

NHAI awards contract for over 58 km Jammu Ring Road

By Accommodation Times Bureau The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for construction of 58.255 km long stand-alone Ring Road/ Bypass around Jammu city in the state of Jammu & Kashmir. The project would be carried out on Engineering, Procurement and Construction (EPC) basis and

NHAI Creates National Highways Investment Promotion Cell (NHIPC)

By Accommodation Times Bureau NEW DELHI The National Highways Authority of India (NHAI) has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in

NHAI to speed up highway projects

Constitution of project appraisal committees and delegation of powers help in quicker decision making  By Accommodation Times Bureau National Highways Authority of India (NHAI) has invited bids for projects of 4,900 km till November, 2017, while bids for another 3,500 km are likely to be invited by December end, taking the total