National Highways Infra Trust (NHIT)

MoRTH asks NHAI, BRO and NHIDCL to complete marking their jurisdictions of national highways dashboard - 13 May, 2024

The Ministry of Road Transport and Highways has asked all project implementing units of the National Highways Authority of India (NHAI), Border Roads Organization (BRO), National Highways and Infrastructure Development Corporation Ltd (NHIDCL) and the ministry itself to complete marking their jurisdictions of the national highways dashboard before the end of May. The move aims to utilize a GIS-based mapping system through the media portal for defining networks and data visualization, implement a verification process by the administrative team to ensure data accuracy and reliability and use the collected data for various communication purposes related to the highway system.

NHAI Aims to Double Monetisation of Highways Through ToT Model - 10 May, 2024

The National Highways Authority of India (NHAI) plans to offer a dozen bundles of stretches for bid by private companies through the Toll Operate Transfer (ToT) model, aiming to achieve a target of Rs 54,000 crore for monetisation this financial year. Last year's four asset bundles fetched NHAI Rs 15,968 crore. The FY25 target is set at Rs 80,000 crore, with Rs 8,000 expected from project-based financing and Rs 46,000 crore from ToT and Infrastructure Investment Trust.

National Highway Construction May Slow Down in 2024-25 - 03 May, 2024

Two rating agencies, CareEdge and India Ratings and Research, expect the pace of constructing national highways to slow down in 2024-25. However, ICRA expects construction to increase due to a robust order pipeline. CareEdge predicts around 11,100-11,500 km of national highways will be constructed in 2024-25, while India Rating and Research estimates it to be lower at around 11,250 km.

NHAI to Establish Highway Villages and Nests - 02 May, 2024

The National Highways Authority of India (NHAI) plans to establish wayside amenities called Highway Village and Highway Nest every 50 kilometres on all new access-controlled highways across the nation. The plan aims to roll out this infrastructure at 1000 locations nationwide within the next five years under a PPP model.

NHAI to Incorporate Wayside Amenities on Highways - 01 May, 2024

The National Highways Authority of India (NHAI) plans to incorporate wayside amenities into the design of upcoming greenfield access-controlled highways, targeting 1,000 such facilities over the next five years. The move aims to enhance the overall travel experience for highway users and is an increase from the previously envisioned 600 amenities in partnership with the private sector.

National Highways Construction to Slow Down Due to Execution Challenges - 30 Apr, 2024

The pace of National Highways construction in India is expected to slow down by 7-10% to around 31 km/day in FY25 due to heightened execution challenges, according to CareEdge Ratings. Approximately one-third of the HAM projects awarded after March 2020 are facing delays, ranging from 4-6 months beyond the grace period of three months. Of the total awards of 12,300 km by NHAI in FY22 and FY23, 20% continue to await the appointed date for more than one year.

NHSRCL Completes Earthwork for Sabarmati Rolling Stock Depot - 26 Apr, 2024

The National Highways Infra Trust's Mumbai-Ahmedabad bullet train project has completed the earthwork for the Sabarmati Rolling Stock depot. The state-of-the-art facility features eco-friendly initiatives such as rainwater harvesting and wastewater recycling, with potential for solar power generation of around 14 MW.

NHAI Aims to Monetize Over 2700 km of Highways in FY25 - 22 Apr, 2024

The National Highways Authority of India (NHAI) plans to monetize over 2700 km of highways through toll, operate, and transfer (TOT) and infrastructure investment trust (InvIT) modes in FY25. In FY24, NHAI had monetized highway assets worth Rs 40,314 crore through TOT, InvIT, and toll securitization. The NHAI has released a list of 33 highway stretches that will be monetized through ToT and InvIT modes in FY25.

NHAI Plans to Monetize Highways Through TOT and BOT-Toll Models - 19 Apr, 2024

The National Highways Authority of India (NHAI) has identified 33 highway stretches to monetize through toll operate transfer (TOT) and infrastructure investment trust (InvIT) modes. Additionally, NHAI is expected to offer a strong pipeline of 53 BOT-Toll projects covering more than 5,200 km. The BOT-Toll model brings private sector efficiencies to construction and operations and maintenance, allowing for greater project awards and builds.

NHAI to Monetize 33 Highway Stretches for Rs 40,314 Crore - 18 Apr, 2024

The National Highways Authority of India (NHAI) has identified 33 highway stretches spanning 2,741 km to monetize through toll operate transfer and infrastructure investment trust modes. NHAI has raised Rs 40,314 crore in 2023-24 against the target of Rs 28,868 crore. The Ministry of Road, Transport and Highways had raised Rs 32,855 crore in 2022-23 through various modes of asset monetisation.

NHAI Aims to Monetize 33 Stretches of National Highways - 17 Apr, 2024

The National Highways Authority of India (NHAI) plans to monetize 33 stretches of national highways in FY25 through its toll operate transfer and infrastructure investment trust. NHAI has raised close to Rs 26,000 crore through three rounds of InvIT offers and aims to secure debt for expressway projects on a standalone basis.

BOT-Toll Model Unlikely to See Material Shift in Project Awards - 16 Apr, 2024

Despite recent changes in the BOT-Toll model concession agreement, a material shift in project awards towards BOT-Toll is unlikely due to higher equity commitment and traffic risks. ICRA expects BOT-Toll awards share to increase to around 10% in FY2025 compared to less than 5% in the last five years.