What is NHAI InvIT?

Union Minister of Transport and Highways announced recently that National Highways Infra Trust (NHAI InvIT) bonds will provide a return of 8.05 per cent each year. Key facts The National Highways Infra Trust (NHAI InvIT) is an infrastructure investment trust ..

Month: Current Affairs - October, 2022

Category: Economy & Banking Current Affairs - 2024

‘GATI’ portal launched by the Union Minister of Road Transport & Highways

The Union Ministry of Road Transport and Highways, Nitin Gadkari has launched an online monitoring portal named ‘GATI’ during the first day of the two-day-long review meeting of the National Highway Authority of India (NHAI) and the Ministry projects conducted ..

Month: Current Affairs - January, 2020

Union Cabinet authorises NHAI to set up Infrastructure Investment Trust

Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT) as per InvIT Guidelines issued by Securities and Exchange Board of India ..

Month: Current Affairs - December, 2019

Cube Highways bid the highest for third lot of TOT projects

Cube Highways has emerged as the highest bidder for the third of the toll-operate-transfer (TOT) projects offered by the National Highways Authority of India.  The National investment and Infrastructure Fund (NIIF) quoted Rs 4,230 crore while Mumbai-based IRB quoted Rs ..

NHAI Gears up for the Implementation of FASTag Mandate

The Ministry of Road Transport & Highways Ministry had mandated to declare all lanes of fee plazas on National Highways as “FASTag lanes” by 1st December 2019, while provisioning one lane (in each direction) which would be kept as hybrid lane ..

Arvind Singh appointed as chairman of Airports Authority of India

IAS officer Arvind Singh has been appointed as the chairman of Airports Authority of India and Sukhbir Singh Sandhu will head the National Highways Authority of India.