News: National Highways Authority of India (NHAI) has developed a mobile App called ‘Harit Path’. Facts: Purpose: To facilitate creation of Green Highways across the country by monitoring the location, growth, species details, maintenance activities, targets and achievements of each of its field units for each and every plant under all plantation projects. Additional Facts:… Continue reading NHAI launches ‘Harit Path’ to monitor plantation along national highways
Tag: NHAI
Cabinet authorises NHAI to set up Infrastructure Investment Trust
News:The Union Cabinet has given its approval to National Highways Authority of India (NHAI) to set up infrastructure investment trusts (InvITs). Facts: About InvITs: InvITs are investment scheme similar to mutual funds.They allow investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return. This investment is more… Continue reading Cabinet authorises NHAI to set up Infrastructure Investment Trust
NHAI Signs MoU with NIIF for funding highway projects
The National Highways Authority of India(NHAI) has signed an MoU with National Investment and Infrastructure Fund(NIIF) for funding highway projects. This agreement is expected to provide innovative financial models including for the Bharatmala Pariyojana. Bharatmala Pariyojana is an umbrella program for the highways sector that focuses on optimizing efficiency of freight and passenger movement across… Continue reading NHAI Signs MoU with NIIF for funding highway projects
Fund crunch, land cost may slow down highway projects
The National Highways Authority of India(NHAI) has decided to change its strategy for project implementation for highways due to high land acquisition costs. NHAI has changed the weight it gives to different factors while planning projects.Earlier,freight movement and revenue projects were given precedence over land acquisition. NHAI has now decided to consider only those projects… Continue reading Fund crunch, land cost may slow down highway projects
