National Highways Authority of India
What is NHAI InvIT?
Union Minister of Transport and Highways announced recently that National Highways Infra Trust (NHAI InvIT) bonds will provide a return of 8.05 per cent each year. Key facts The National Highways Infra Trust (NHAI InvIT) is an infrastructure investment trust ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs
‘GATI’ portal launched by the Union Minister of Road Transport & Highways
The Union Ministry of Road Transport and Highways, Nitin Gadkari has launched an online monitoring portal named ‘GATI’ during the first day of the two-day-long review meeting of the National Highway Authority of India (NHAI) and the Ministry projects conducted ..
Month: Current Affairs - January, 2020
Union Cabinet authorises NHAI to set up Infrastructure Investment Trust
Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT) as per InvIT Guidelines issued by Securities and Exchange Board of India ..
Month: Current Affairs - December, 2019
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 ..
Arvind Singh appointed as chairman of Airports Authority of India
IAS officer Arvind Singh has been appointed as the chairman of Airports Authority of India and Sukhbir Singh Sandhu will head the National Highways Authority of India.
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 ..
India South Korea sign 7 Agreements to step-up cooperation
During the visit of Prime Minister Narendra Modi to South Korea seven agreements were signed to boost up the cooperation. The agreements signed include: MoU was signed between the Korean National Police Agency and the Ministry of Home Affairs to ..