NHAI formulating policy for early exit of developers

25 Jan 2013 Editorial Team

The National Highway Authority of India (NHAI) is preparing a new policy that would facilitate and allow the construction companies to exit as soon as the road project is commissioned. The NHAI's move follows highway construction industry's pressing demand to allow them to disinvest from the highway projects when those are commissioned.

The new policy, aimed at allowing exit to developers as soon as the project is commissioned, is presently stuck with the inter-ministerial group consisting of Ministry of Road Transport and Highways, Law Ministry, Finance Ministry and the Planning Commission. Also, the Authority has favoured the demands that the concessionaires having signed contracts before 2009 be allowed complete disinvestment.

The then contracts mandated that the companies maintain 26 per cent equity in the project for the entire concession period. The Planning Commission and the Finance Ministry have, however, objected to the move.

If it goes through the group, it will be required to be approved by the Union Cabinet. Companies with a big portfolio of highway projects are currently looking at selling of them to monetise the value and move on to investment in new projects.

Infrastructure Energy

19 Mar 2026

Cabinet Clears Rs 25.85 Billion Small Hydro Scheme

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Small Hydro Power (SHP) Development Scheme for FY 2026–27 to FY 2030–31, with an outlay of Rs 25.85 billion to support installation of around 1,500 MW capacity.The scheme targets projects of 1–25 MW across states, with a focus on hilly and North Eastern regions. Central financial assistance of Rs 36 million per MW or 30 per cent of project cost (capped at Rs 300 million per project) will be provided for North Eastern and border districts. For other states, support will be Rs 24 million per MW or 20 per cent..

Panasonic Launches SIP Video Intercom System

Panasonic Life Solutions India has launched its VL-VQ Series SIP-based IP Video Intercom System, aimed at enhancing security and access management across modern residential developments. Designed for apartments, gated communities and large housing projects, the system offers a three-layered security framework integrating residences, building entrances and central security operations. It combines door stations, lobby display units, room monitors, guard stations and central management software into a unified platform, enabling real-time monitoring and communication. The system supports multipl..

Mindspace REIT Tops Global Environmental Rankings

Mindspace Business Parks REIT has secured the No. 1 global rank for Environmental Performance in the 2025 S&P Global Corporate Sustainability Assessment (CSA) and has been recognised among the top 10 per cent of global performers in the S&P Global Sustainability Yearbook 2026. The REIT achieved the highest Environmental Dimension score of 84, ranking first among 379 global real estate companies. It has also been elevated from a Sustainability Yearbook Member to Industry Distinction 2026, reflecting its position among the top-performing global peers. Mindspace REIT recorded an overall..