Conflict of interest: NHAI stipulates rules for officials

14 May 2024 CW Team

National Highways Authority of India (NHAI) has stipulated that officials require prior permission for other employment during the cooling off period. This is done to address conflict of interest arising out of joining private highway builders and consultants sometimes less than a year after retirement. Most NHAI officials were not under the norms, which were already made for Central Service Group A officers. By bringing this rule, it has been applied to NHAI officials as well.

NHAI indicated that it had been decided to adopt Rule 9 of the Central Civil Services (Pension) Rules 2021 in order to protect the interests of NHAI/Government. The official stated that this rule pertained to matters of 'commercial employment after retirement' concerning NHAI officers and employees.

It was also mentioned that employees would be required to provide an undertaking stating that the proposed employment would not involve any conflict of interest with NHAI policies that they had been involved with in the past three years. The undertaking would also include a provision that the commercial employment could be revoked if the government raised any objections.

Employees are required by the notification to provide information on the commercial organisation, the nature of the entity's activity, and if the officer has had any dealings with the firm in the last three years. They must also disclose the length and kind of their official relationship with the company, as well as whether or not the position was advertised. The officials must present their professional credentials for the position in the business organisation as well as the details of the upcoming position.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..