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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..