RIIMPL will establish governance frameworks aligned with SEBI regulations, with the first public issuance of units for retail investors expected in February 2026. In a major step toward strengthening road asset monetisation and expanding investment opportunities in national highway infrastructure, the National Highways Authority of India (NHAI) is establishing the Raajmarg Infra Investment Trust (RIIT)...
Category: Roads & Highways
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NHAI Launches Fortnightly Updates for Projects Under Bidding
The disclosure, spanning 55 projects across 2,269 km with a capital cost of ₹1.19 trillion, comes in response to Union Minister Nitin Jairam Gadkari’s recent call for transparency and accountability in highway construction and maintenance. The National Highways Authority of India (NHAI), the country’s highway development and implementation agency, has published a comprehensive list of...
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IRB InvIT Fund Acquires Three Highway Assets Worth ₹84.36 Billion, Expands Portfolio to Nine Projects
With this, three highway assets of the IRB Infrastructure Trust, located in Uttar Pradesh, Haryana and Rajasthan, have now become part of the IRB InvIT Fund’s asset portfolio. IRB Infrastructure Developers Ltd (IRBL), India’s largest multinational transport infrastructure developer in the highways sector, announced late Thursday that its sponsored IRB InvIT Fund has completed the...
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Gadkari Calls for Accountability and Innovation to Build World-Class Roads
The Road Transport and Highways Minister announced that details of project officials, contractors, and developers will be made public to strengthen transparency and citizen oversight. Union Minister for Road Transport and Highways Nitin Gadkari has called for greater accountability from contractors, consultants, and officials to ensure that India’s highways are built and maintained to world-class...
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Toll Revenues Surge to ₹491.9 Billion in Jan-Sept 2025, Driven by Higher Traffic and Revised User Fees: ICRA Analytics
The regional distribution of toll revenue has remained broadly stable over the past three years, with western and southern corridors consistently accounting for more than half of India’s national toll collections. India’s national highway network has recorded robust growth in toll revenue and traffic volumes over the past two years, with collections rising nearly 16...
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NHAI to Display Toll Pass Details at Fee Plazas to Boost Transparency and Ease Travel
The initiative aims to ensure that highway users are fully informed about the availability, pricing, and application process for concessional toll passes, making travel more economical, transparent, and hassle-free. In a move to enhance transparency and improve commuter awareness, the National Highways Authority of India (NHAI) has directed its field offices to prominently display detailed...
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NHAI to Deploy Network Survey Vehicles for 20,000-Plus km Highway Audit Across 23 States
Qualified firms with expertise in pavement condition assessment and digital infrastructure mapping have been invited to bid for the initiative, which aims to enhance commuter experience through improved road surface quality and highway upkeep. The National Highways Authority of India (NHAI), the country’s premier highway development and maintenance agency, will deploy Network Survey Vehicles (NSVs)...
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India’s Logistics Cost to Hit Single Digits by December 2025: Gadkari
The Roads & Highways Minister says lower logistics costs will sharply enhance industrial profitability, boost export competitiveness, and elevate India’s global manufacturing position. India’s logistics cost is set to fall to single digits by December 2025, marking a major milestone in the country’s push for global competitiveness, Union Minister for Road Transport & Highways Nitin...
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HAM: The Road Ahead
Recent policy recalibrations are reshaping the hybrid annuity model, a distinctly Indian innovation in public-private partnership for road infrastructure. These changes aim to ensure that financially sound and technically qualified developers take the lead, setting the stage for higher construction standards and a more balanced distribution of national highway projects, says Anand Kulkarni. National highways...
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From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Bihar’s successful execution of road development proves that with commitment and integrity, even decades of backwardness can be returned to the highway of progress, writes Nitin Nabin, Minister for Road Construction, Government of Bihar. Through the 1990s and early 2000s, Bihar was synonymous with broken, pothole-ridden roads. Locals often quipped: “In Bihar, you find the...