Tagged: Nitin Gadkari

One Nation One FASTag: Govt’s RFID solution for digital payment of highway toll 0

One Nation One FASTag: Govt’s RFID solution

One Nation One FASTag scheme will be implemented from December 1 and can be availed upon activation by new cars having Radio Frequency Identification (RFID) tags on national and state highways throughout the country....

Here's all you need to know about FASTags 0

Here’s all you need to know about FASTags

Soon, electronic toll collection device FASTags will be integrated with the Goods and Services Tax (GST) e-way bill system. The GST Council has already given the green signal for an MoU between the Indian...

Is NHAI in Fine Financial Health? Or Will India Pay for Needless Bravado? 0

NHAI Fine Financial Health? Will India Pay

On 9th September, at a press conference to mark 100 days of the Modi government’s second term, Mr Gadkari said, NHAI had no financial problem and would continue its high spending ways. The Union...

Infra companies seek more time to evaluate 3rd bundle of toll-operate-transfer highway projects 0

Evaluate toll-operate-transfer highway

Evaluating the highways ministry’s third bundle of toll-operate-transfer (TOT) highway projects, officials aware of the matter said. NEW DELHI: Leading infrastructure investors including Cube Highways, Macquarie Group, IRB Infrastructure and Larsen & Toubro (L&T)...

NHAI is not financially stressed, has PMO's backing: Nitin Gadkari 0

NHAI not financially stressed has PMO backing

Nitin Gadkari said that revenues from NHAI roads were on the rise and traffic density was expected to increase. “The National Highways Authority of India (NHAI) is not financially stressed,” Nitin Gadkari, Union minister for road transport...

NHAI to prioritise road projects on financial viability 0

NHAI to prioritise road projects on financial

NHAI has been exploring different ways of financing to meet its hefty road construction targets, amid limited budgetary resources. NEW DELHI: Eyeing asset monetisation in a big way, the government is now proposing to...