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NHAI Cracks Down on Dubious Contractors with Stricter RFP Norms for Highway Projects

NHAI Cracks Down on Dubious Contractors with Stricter RFP Norms for Highway Projects

Revised RFP provisions issued by NHAI are expected to raise execution standards, minimise delays, and reduce lifecycle costs across India’s national highway network. The National Highways Authority of India (NHAI) has issued a detailed clarification on key provisions of its Request for Proposal (RFP) framework, aimed at tightening contractor qualification norms, curbing unauthorised subcontracting, and...

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More infra funds on the anvil

More infra funds on the anvil

The government plans three more sector-specific sub-funds, including for development of airports and ports, under the Rs.40,000 crore National Investment and Infrastructure Fund (NIIF), reports the Business Standard.

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Opening the funds tap

Opening the funds tap

A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.

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100% stake sale cleared in BOT projects

100% stake sale cleared in BOT projects

The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.

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