The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market. In its financing plan, NHAI had raised the overall fund requirement from Rs 8.12 lakh crore to Rs 9.71 lakh crore and had pegged borrowings at Rs 2.56 lakh crore. NHAI had submitted a financing plan in July 2010 asking for permission to borrow more funds, than the Rs 1.92 lakh crore approved earlier, from the market by 2030-31. The Planning Commission had rejected the plan saying NHAI may not have the capacity to raise funds to the extent quoted in the plan and in case it borrows the money, others might be starved of funds. Sources say that the Planning Commission has internal issues on the matter and that is why it was taking time.
FlashNews:
Railways Deploys 6,181 Special Trains for Post-Chhath Return; Bihar Stations Reinforced for Festive Rush
NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
NHAI to Display Toll Pass Details at Fee Plazas to Boost Transparency and Ease Travel
TEC Signs MoU with IIT-Hyderabad to Drive Indigenous Telecom Standards
Grid of Change: Odisha Model and Reimagining Power Sector Reforms Through PPPs
SAEL to Procure 2 MT of Paddy Waste for Clean Energy Push, Targets 300,000 Tonnes CO₂e Avoidance
Vikram Solar Secures 148.9 MW Module Order from Sunsure Energy for Maharashtra and Uttar Pradesh Projects
KPIL Secures ₹23.32 Billion in New Orders Across T&D and Civil Infrastructure Businesses
NHAI to Deploy Network Survey Vehicles for 20,000-Plus km Highway Audit Across 23 States
India’s Renewables Pivot: From Speed to System Strength
IndiGo Expands Saudi Connectivity with Daily Mumbai-Madinah Flights from November 15
Vaishnaw Visits Delhi Station as Railways Set to Run Record 12,011 Festive Trains
UDAN Turns Nine: 15.6 Million Flyers, ₹90 Billion Invested in Regional Aviation
India’s Logistics Cost to Hit Single Digits by December 2025: Gadkari
Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
Embraer-Mahindra Alliance to Deliver C-390 Millennium Transport Aircraft for IAF
Inland Waterway Haldia Multi-Modal Terminal Operationalised Under PPP Model
Digital Monitoring Led to Shutdown of 51 Stalled Projects in Northeast: Scindia
IndiGo Confirms 60 A350-900s, Signs Rolls-Royce Deal to Power Long-Haul Expansion
Home » NHAI's new financial plan
NHAI's new financial plan
Infrastructure Finance
January 3, 2011January 3, 2011


Leave a Reply
You must be logged in to post a comment.