Highway projects hit a speed bump in Q1, FY23: Crisil
Highway projects hit a speed bump in the first quarter of this fiscal, with awarding by the MoRTH, including the NHAI, falling a sharp 42% on-year to 969 km, says Crisil
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July 2022
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December 2021
NHAI bids may slow down in FY23 on financial closure, land delays: Crisil
Crisil attributes the likely slowdown in the project award to a limited rise in budgetary support and a higher capex for 70% of high-value expressways currently under construction.
NHAI settles ₹4,076 crore worth reconciliation cases in FY22
The authority resolved these cases with a settlement amount that was about 28% of the total claimed amount.
Budget fine print: Debt ridden NHAI not to raise any funds in FY23
Budget 2022 has projected that the Internal and Extra Budgetary Resources (IEBR) of highway regulator NHAI will dip to a mere ₹1 lakh in FY23.
Highway anomaly: Road-making dips while ministry capex at 3-yr high
While transport ministry and NHAI are utilising budgetary funds really fast – in fact faster than other ministries – it is not appearing on the ground.
NHAI to compensate ToT operator for revenue loss in upgrade work
Major changes to the ToT MCA have been approved by the ministry; changes will let NHAI to undertake capacity augmentation and minor improvements in particular section of highways
