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1.189.6 km Goa-Karnataka border highway project commissioned

Built at Rs 34.47 billion by IRB Infra, the project has a concession life of 28 years


2.Tax Concessions extended to Sovereign and Pension funds in Budget 2020

The detailed budget speech, one of the most comprehensive ones in recent past did have some significant positives for sectors like Infrastructure, Power, Banking and NBFC, Agriculture reiterating her focus on Affordable housing, Education and Healthcare sector.


3.Concession agreement for Z-Morh tunnel construction

The project includes construction, O&M of the tunnel on DBFOT basis


4.Union Cabinet approves NHAI’s request to set up an infrastructure investment trust

As reported, the National Highways Authority of India (NHAI) received the Union Cabinet’s approval for setting up an infrastructure investment trust (InvIT) – permitting the body to monetise its completed national highways and therefore, fulfil its funding requirements.


5.FASTags set the tone for Digital India

Government extends deadline to obtain FASTags, will aid in sale of highway road assets


6.NHAI identifies projects worth Rs 8 trillion to be awarded in the next three years

The National Highways Authority of India (NHAI) has reportedly, mapped out a pipeline of projects that will be awarded in the span of the coming three years.


7.Four companies emerge as potential bidders for nine NHAI roads spread across India

As reported, nine road stretches of around 566 km running through Uttar Pradesh, Jharkhand, Bihar and Tamil Nadu that were put up for auctioning under the toll-operate-transfer (TOT) model by the National Highways Authority of India (NHAI), are expected to receive bids from Adani Enterprises, Cube Highways and Infrastructure, Canada Pension Plan Investment Board (CPPIB) and IRB Infrastructure.


8.Third phase of TOT project to get monetised: NHAI

The road-show for the third phase of the Toll-Operate-Transfer (TOT) project for potential bidders was organised by the National Highways Authority of India (NHAI) in August, in New Delhi.


9.NHAI identifies 950 km stretches to be constructed under PPP

The National Highways Authority of India (NHAI), in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth Rs 300 billion on its Build-Operate-Transfer (BOT) model.


10.APCO Infra bags Rs 23.78-billion Z-morh tunnel in J&K

Gurugram-based construction firm APCO Infratech has reportedly bagged the contract for construction of the 6.5-km-long Z-morh tunnel in Jammu and Kashmir. The project is expected to provide all-weather connectivity between Srinagar and Kargil


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