NHAI banks on revised model agreement to push asset monetisation
NHAI looks at record asset monetisation in FY25 after revising model concession agreements (MCA) for TOT projects
Source: businesstoday.in
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Road ministry to bid out BOT projects of up to INR 2 lakh cr by March 2024: Gadkari, ET Auto
Addressing the annual conference of Highways Operators Association of India, road transport and highways minister Nitin Gadkari said the government will move to a GPS-based toll collection by March next year. The move is aimed at reducing traffic congestion and charging motorists for the exact distance travelled on the highways, he said.
Source: indiatimes.com
IRB Infra is looking at 20% on year growth in toll revenue in 2023-24
Slowdown in exports, e-commerce and even the forthcoming elections will not have a great impact on the company’s bottomlines. The company is in fact, hoping to expand its orderbook and reduce debt in the near term.
Source: moneycontrol.com
NA Standing Committee convenes 16th session
Hanoi welcomed the opening of the National Assembly (NA) Standing Committee's 16th session on October 10.
Source: english.vov.vn
Non-stop toll collection: government 'talks the talk and walks the walk'
With determination from the Prime Minister and the government, the electronic toll collection policy (ETC) has been brought into life after many delays.
Source: vietnamnet.vn