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The Centre said on Thursday that owners of vehicles with non-affixed FASTag on the front windshield will have to shell out double fee at the toll plazas on national highways. The National Highways Authority of India (NHAI) said that deliberate non-affixation of FASTag on the windscreen leads to unnecessary delays at the toll plazas, causing inconvenience to fellow national highway users. Any FASTag that is not affixed on the assigned vehicle as per the standard process is not enti...
Vehicles with non-affixed FASTag have to pay double fee at toll plazas: NHAI
National Highways Authority of India (NHAI), has raised a record Rs 16,000 crore through its Infrastructure Investment Trust for the monetisation of various highway stretches of the aggregate length of 889 kilometers. “National Highways Infra Trust (NHIT) has, as part of’ InvIT Round-3, raised unit capital of around Rs 7,272 crore from marquee domestic and international investors and debt of around Rs 9,000 crore from Indian lenders, to fund the acquisition of National Highway ...
NHAI raises record Rs 16,000 crore war chest via highway monetisation
Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced that an outlay of Rs 188.95 crore has been approved for the development, operation and maintenance of the existing ropeway between Ujjain Junction Railway Station and Mahakaleshwar Temple in Madhya Pradesh. The minister said the proposed ropeway will facilitate the movement of pilgrims, especially during the peak season, and reduce the travel time to 7 minutes. The ropeway will have the capacity to carry 64...
Nitin Gadkari approves Rs 189 crore outlay for Mahakaleshwar Temple ropeway
Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced the approval of a Rs 699.19 crore project for upgrading the Khokhra Gujarat Border – Vijayanagar – Antarsuba – Mathasur Road section of National Highway 58 in Palanpur district of Gujarat to a 2-lane highway. The minister said National Highway-58 connects Gujarat and Rajasthan and also connects Ambaji Temple, Udaipur, Polo Forest and other archaeological monuments and various tourist places. ...
Centre approves Rs 699 crore project to double-lane Gujarat border highway
H.G. Infra Engineering is currently trading at Rs. 928.00, up by 19.90 points or 2.19% from its previous closing of Rs. 908.10 on the BSE. The scrip opened at Rs. 949.95 and has touched a high and low of Rs. 949.95 and Rs. 926.30 respectively. So far 6205 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1016.75 on 06-Sep-2023 and a 52 week low of Rs. 745.80 on 28-Mar-2023. Last one week high and low of the scrip...
H.G. Infra Engineering surges on emerging as L-1 bidder by NHAI
India's National Highways Infra Trust (NHIT) is set to tap the domestic corporate bond market via a debut private placement of bonds in the next two months, four sources directly aware of the matter said on Friday. The company is likely to opt for longer-duration bonds of more than 15 years and would look to raise around 20 billion rupees to 30 billion rupees ($241 million-$362 million), the sources said. "NHIT will go for zero-coupon bonds of maybe 17-year or 18-year duration ...
India`s National Highways Infra to debut private bond placement by April
Artefact Projects is currently trading at Rs. 92.80, up by 0.51 points or 0.55% from its previous closing of Rs. 92.29 on the BSE. The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 95.00 and Rs. 91.36 respectively. So far 6651 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 111.00 on 12-Jan-2024 and a 52 week low of Rs. 30.16 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs....
Artefact Projects rises on bagging order worth Rs 5.50 crore from NHAI
The National Highway Authority of India (NHAI) has signed an agreement for the development of a Multi Modal Logistics Park in Bengaluru under the the public-private partnership (PPP) model with an investment of Rs 1,770 crore, the Ministry of Road Transport and Highways announced on Monday.The Multi Modal Logistics Park (MMLP) is being developed in an area spanning 400 acres at Muddelinganahalli, 58 km from Bengaluru airport and 48 km from Bengaluru city railway station.The NHAI is participat...
NHAI signs pact to set up Rs 1,770 cr logistics park in Bengaluru
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