National Highway Authority of India

Bengaluru-Mysuru highway struggles to enforce ban on two-wheelers and three-wheelers

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Bengaluru-Mysuru highway struggles to enforce ban on two-wheelers and three-wheelers

Bengaluru-Mysuru highway. | Photo Credit: M.A. SRIRAM It’s been nearly a year since the National Highway Authority of India (NHAI) banned two-wheelers, autos, tractors, non-motorised vehicles, multi-axle hydraulic trailer vehicles, and quadricycles from the main carriageways of the Bengaluru-Mysuru access-controlled highway. Despite the ban, two-wheelers and three-wheelers continue to be seen on the highway. Other … Read more

NHAI increases toll rates on key highways in Karnataka, including Bengaluru-Mysuru

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NHAI increases toll rates on key highways in Karnataka, including Bengaluru-Mysuru

A toll gate on a highway. | Photo Credit: BASHKARAN N Starting April 1, as part of its annual revision, the National Highways Authority of India (NHAI) has raised toll rates on the access-controlled Bengaluru-Mysuru and Bengaluru-Hyderabad highways, and on the Hoskote-Devanahalli section of the Bengaluru Satellite Town Ring Road (STRR). On the Bengaluru-Mysuru access-controlled … Read more

TOTal gain: NHAI awards 400 km for Rs 6,584 crore

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TOTal gain: NHAI awards 400 km for Rs 6,584 crore

The National Highway Authority of India (NHAI) has awarded two toll, operate and transfer (TOT) bundles 11 and 12 of a combined length of 400 km for Rs 6,584 crore, which is Rs 553 crore higher than the bids received in the first round that was later called off by the government. TOT model has … Read more

For FY24, National Highway Authority eyes 1,987km monetisation

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For FY24, National Highway Authority eyes 1,987km monetisation

National Highway Authority of India (NHAI) aims to monetise 1,987 kilometres (km) of highways in 2023-24 through ‘toll operate transfer’ and infrastructure investment trust (InvITs) modes, people familiar with the development said. The highways body has lined up 30 National Highway sections as part of the plan, with the 124-km Trichy-Thuvarankurichi-Madurai (Tamil Nadu) section being … Read more

NHAI raises over Rs 5,000 cr through InvIT: Nitin Gadkari

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NHAI raises over Rs 5,000 cr through InvIT: Nitin Gadkari

The National Highway Authority of India‘s first infrastructure investment trust has raised more than Rs 5,000 crore, Union Minister Nitin Gadkari said on Wednesday. Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds, designed to pool money from investors and invest the amount in assets that will provide cash flows over a … Read more