Cube Highways bid the highest for third lot of TOT projects

Cube Highways has emerged as the highest bidder for the third of the toll-operate-transfer (TOT) projects offered by the National Highways Authority of India.  The National investment and Infrastructure Fund (NIIF) quoted Rs 4,230 crore while Mumbai-based IRB quoted Rs ..

NHAI Gears up for the Implementation of FASTag Mandate

The Ministry of Road Transport & Highways Ministry had mandated to declare all lanes of fee plazas on National Highways as “FASTag lanes” by 1st December 2019, while provisioning one lane (in each direction) which would be kept as hybrid lane ..

How NHAI aims to fund Highway Construction in India?

While India has decided to become a USD 5 trillion dollar economy, it also needs a dedicated network of roads and highway infrastructure to enable the quick transport of goods and people in the country. The construction of highways in ..

All lanes at toll plazas to be ‘FASTag lanes’ from 1st Dec

Union Ministry of Road Transport and Highways (MoRTH) has decided to declare all lanes in all toll fee plazas on National Highways across country as dedicated ‘FASTag lanes‘ from 1 December 2019. Key Highlights Objective: To ensure seamless traffic and ..

Month: Current Affairs - July, 2019

National Green Highways Mission

National Green Highways Mission (NGHM), a plantation drive around 1500 km of National Highways, was launched in 2016. The objective of this mission was to provide a green canopy along 100,000 km of highways and create jobs for 1 million ..

Pay as You Use Tolling: NHAI to launch Pilot Project on Delhi-Mumbai Highway

The National Highways Authority of India (NHAI) is going to launch pilot project of Pay as you use tolling on the Delhi Mumbai national highway to study implement ability of system in the country. The pilot project involves implementing a ..

Month: Current Affairs - February, 2018

Hybrid Annuity Model

The Union Transport Ministry is planning to complete all the stalled highway projects under a new model called Hybrid Annuity Model. This model was proposed last year and is a mix of BOT (Built Operate Transfer) and EPC (Engineering, Procurement ..