NHAI completes InvIT monetisation of Rs 16,000 crore through ‘Round 3’

National Highways Authority of India (NHAI) on Tuesday completed the third round of funding through its infrastructure investment trust, raising a record over Rs 16,000 crore for 889 kilometres of national highway. The capital was raised by National Highways Infra Trust (NHIT), the infrastructure Investment Trust (InvIT) of NHAI, as part of the Centre’s asset […]

Nitin Gadkari announces 4 projects across India worth Rs 1,885 crore

Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced four road and transportation projects, for which the ministry has sanctioned a total of Rs 1885.51 crore. Gadkari made the announcement in a series of separate posts on social media platform X (formerly Twitter). These projects are located in Karnataka, Madhya Pradesh, Gujarat […]