Page-3 of NHAI Current Affairs, GK & News

Short Note : National Investment and Infrastructure Fund

The National Highways Authority of India (NHAI) has signed an MoU with National Investment and Infrastructure Fund (NIIF) to co-operate in the formation of Special Purpose Vehicles (SPVs) to execute the fund arrangement for large size road projects. What is the NIIF? National Investment and Infrastructure Fund (NIIF) is India s first sovereign wealth fund ..

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MoU for sale of FASTag

A memorandum of understanding (MoU) has been signed between Indian Highways Management Company Limited (IMHCL) and leading Oil Marketing Companies (OMCs) like BPCL, HPCL and IOCL for sale of FASTags through their petrol pumps. FASTag FASTag is an electronic toll collection system operated by the National Highway Authority of India (NHAI). FASTag enables automatic deduction of toll charges and ..

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NHAI ink MoU with SBI for Long Term, unsecured Loan of Rs 25,000 crore

National Highways Authority of India (NHAI) has singed Memorandum of Understanding (MoU) with country’s largest lender State Bank of India (SBI) for long term unsecured loan of Rs. 25,000 crore for 10 years with 3 years of moratorium on repayments. This is SBI’s highest long term unsecured loan to any entity and also largest loan ..

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NHAI signs agreement for its first International project under IMT Trilateral Highway

The National Highways Authority of India (NHAI) has signed agreement for upgradation of Yagyi – Kalewa section of highway in Myanmar to two lane with earthen shoulder. This project is part of India-Myanmar-Thailand (IMT) Trilateral Highway and will be NHAI’s first international project. Key Facts The project aims to provide seamless vehicular movement for enhancing ..

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NHAI to launch ranking system for toll plazas

The National Highways Authority of India (NHAI) has decided to launch in ranking system the toll plazas in an effort to address issues at toll plazas. The massive drive was launched on more than 300 toll plazas simultaneously across the country by the Highway Operation Division of NHAI Key Facts The ranking will be on ..

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