NHAI Debars 14 Agencies for Irregular activities in Fee Collection

21 Mar 2025 CW Team

In an unprecedented action to strengthen and establish a robust user fee collection at the toll plazas, NHAI has debarred 14 User Fee Collection Agencies for Irregular activities in Fee Collection at Toll Plazas. Raids at the Atraila Shiv Ghulam Toll Plaza in Mirzapur district of Uttar Pradesh was conducted by UP Special Task Force. Based on the FIR, NHAI took prompt action and served ‘Show Cause Notice’ to the defaulting agencies.

The replies submitted by the fee collection agencies were not found to be satisfactory. The agencies have been debarred for a period of two years for violation of the provisions of the contract agreement. ‘Performance Securities’ worth over Rs. 100 crores of the defaulting agencies have been forfeited and are being en-cashed for breach of the contract.

In order to ensure seamless operation of the toll plazas that were managed by debarred agencies, NHAI will intimate the defaulting agencies to hand over the Toll plazas to a new agency that will be appointed by the authority.

NHAI is committed to follow the highest standards in highway operations and any lapses will be dealt with zero tolerance. Action will be taken against the defaulters, and they will be debarred from NHAI projects with severe penalties.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..