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New Delhi: The National Highway Authority of India (NHAI) will soon bid out 33 sites across national highways in the country for its ambitious projects of way/road side amenities where convenience clusters for travellers will be build.

The sites shortlisted are Dongargaon in Nagpur, Ramanthapur in Tamil Nadu, Indore in Madhya Pradesh, Bharatpur in Rajasthan and Golara in Uttar Pradesh.


 
Leading mobile wallet MobiKwik has announced that its wallet service will soon be live at 391 toll plazas in India.

The company has received an approval from the National Highways Authority of India (NHAI) to enable commuters across all toll plazas in the country pay cashless through its mobile wallet to avoid traffic congestion due to the cash crunch.


 
National Highways Authority of India (NHAI) has raised Rs 10,000 crore from retirement fund body EPFO's bonds so far this financial year, while LIC has in-principle has agreed to subscribe to its taxable bonds worth up to Rs 8,500 crore till March-end, Parliament was informed on Thursday.

NHAI in the current financial year has raised Rs 10,000 crore through taxable bonds of Employees Provident Fund Organisation (EPFO), data presented by Minister of State for Road Transport and Highways P Radhakrishnan in Lok Sabha showed.


 
With lenders doubtful over the completion of Samrala Chowk and Kishangarh-Udaipur-Ahmedabad (KUA) Package VI projects, the National Highways Authority of India (NHAI) has terminated the ventures, sources confirmed to FE. Both projects were to be built through the hybrid annuity model (HAM). Raghav Chandra, chairman, NHAI, told FE that both the projects have been terminated. Chandra, however, denied that banks were uncomfortable lending to the projects.

 
To avoid long queues at toll plazas Pan India, the government today asked them to accept the old Rs 500 and Rs 1,000 currency notes till November 11 midnight.

The decision was taken after National Highways Authority of India (NHAI) Chairman Raghav Chandra took up the matter with the Prime Minister's Office after being flooded by calls from states over the grim situation at toll plazas.


 
The toll-operate and transfer (ToT) model, through which the government intends to lease out 75 operational national highways essentially to private players, including global funds with patient capital, is likely to open up a new set of business opportunity for existing players as well as new entrants into the operation and maintenance (O&M) space.

 
National Highways Authority of India (NHAI) today said it has awarded a Rs 1,444 crore contract for widening of a highway stretch in Punjab to GR Infraprojects Ltd.

“The NHAI has issued Letter of Award (LOA) for development of national highway section in the state of Punjab under phase IV of National Highways Development Projects (NHDP),” NHAI said in a statement.


 
National Highways Authority of India (NHAI) on Thursday said it has awarded a Rs 249 crore project in Haryana to Gawar construction for the widening of a stretch on NH 73.

"NHAI has issued Letter of Award (LOA) to Gawar Construction for four-laning of Panchkula-Yamunanagar Section," the authority said in a statement.


 
The National Highways Authority of India (NHAI) today said it has awarded a Rs 820 crore highway project in Rajasthan to PNC Infratech.

“NHAI has issued letter of award (LOA) for development of NH-11A (Extn) 4-laning/2-laning with paved shoulder of Dausa-Lalsot-Kauthun section to PNC Infratech Ltd,” NHAI said in a statement.


 
Ramky Infrastructure shares gained nearly 14 per cent in early trade on Tuesday after it along with Ashoka Buildcon bagged a contract for building two highway projects in Jharkhand worth Rs 1,646 crore by National Highways Authority of India (NHAI). Both the projects are related to widening of a road stretch on NH 32 and NH 33.

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