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Govt creates panel to examine NHAI note
Posted on 9th August 2014
New Delhi: The ministry of road transport and highways has decided to constitute an inter-ministerial committee to review the note prepared by the National Highways Authority of India (NHAI) seeking an overhaul of the existing model concession agreement to revive private sector interest in the road sector, said two government officials who did not want to be named.

The model concession agreement is the contract that sets the terms of execution of a project and is signed between the concessionaire and the government, in this case the NHAI.

NHAI to make road agreements more flexible
Posted on 3rd July 2014
In a bid to make contract rules for road projects more flexible, the National Highways Authority of India (NHAI) is planning to tweak the Model Concession Agreement (MCA) so that it suits the changing market conditions.

NHAI is redrafting the MCA, which will give it the powers to change bidding documents if the projects are stuck for any reason, a senior official from NHAI told Business Standard.

NHAI concession may help Reliance Infra, others disentangle Rs 4,500-cr debt
Posted on 27th June 2014
The National Highways Authority of India (NHAI) last month's move to reschedule the premium that developers of road projects have to pay to the government for securing the right to build and operate them will facilitate faster completion of the beleaguered projects and help companies service the debt associated with them.

NHAI, defence ministry closer to clearing armed forces roadblock
Posted on 14th June 2014
The defence and road ministries are close to an agreement for speedy transfer of land parcels currently with the three armed forces to the National Highways Authority of India (NHAI) so that a host of large highway projects can take off. Some of these projects have been stuck for want of defence ministry clearances (for land transfer) for up to five years, taking a toll on highway construction, which is also reeling from the hit taken from the economic slowdown and low investor interest.

NHAI to make public info on PPP projects
Posted on 4th June 2014
In a bid to ensure transparency, National Highway Authority of India (NHAI) will put all information related to private public partnership (PPP) projects taken up by them in the public domain.

"NHAI proposes to place all information relating to projects taken up by them under PPP mode in the public domain to be available on a link -- www.Nhai.Org.In. Specific project details can be obtained by typing the name of the particular stretch or project implementation unit along with this link," according to an official statement.

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