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Ministry pitches for e-tendering

Ministry pitches for e-tendering

The Ministry of Road Transport and Highways has asked NHAI and states to stri­ctly adopt e-tendering system for better transparency in highways projects, saying it is not being properly implemented.

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More premium bids for NHAI

More premium bids for NHAI

All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.

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NHAI earns over Rs 17,000 cr premium

NHAI earns over Rs 17,000 cr premium

Increasing interest by private players in the highways sector has helped NHAI award 17 projects worth over Rs 25,500 crore in the last six months, leaving the authority richer by over Rs 17,000 crore in the form of premium.

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We need several $10 bn funds: Montek

We need several $10 bn funds: Montek

FICCI’s infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 percent.How do we make banks’ infrastructure lending more long term with less mismatches? Well, create solutions outside bbanks, says Planning Commission’s high profile Deputy Chairman Montek Singh Ahluwalia. Inaugurating the India Infrastructure Summit 2011