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