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Road ministry to bid out BOT projects of up to Rs 2 lakh crore by March 2024: Gadkari

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. ....

Nitin Gadkari , Operators Association Of India , Highways Operators Association , Infrastructure Investment Trusts , Toll Plazas , Gps Based Toll , Traffic Congestion , Road Ministry , Bot Projects ,

IRB Infra Trust completes refinancing of 5 BOT projects for Rs 6,400 crore

"IRB Infrastructure Trust (Private InvIT) has successfully completed the refinancing exercise for its five BOT Assets for around Rs 6,400 crore," IRB said in a statement. ....

Business News , Breaking News Events , Latest News Updates , Economic Times , Economic Times News App , Daily Market Updates , Live Business , Irb Infrastructure , Irb Infrastructure Developers Ltd , Irb Infra Trust , Bot Projects , Uttar Pradesh ,

NHAI Granted Undue Benefits To Concessionaires, Says CAG

NHAI Granted Undue Benefits To Concessionaires, Says CAG
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Authority Of India , Parliament On , Auditor General , National Highways Authority , Highways Authority , Road Transport , Cabinet Secretariat , National Highways , Ministry Of Road Transport And Highways , Bot Projects , Contract Amendments ,

'NHAI extended undue benefit to concessionaires'

The CAG report noted that the policy or scheme for rationalisation of premium was neither considered nor approved in the NHAI Board Meeting. ....

New Delhi , Madhya Pradesh , Authority Of India , Parliament On , National Highways Authority , Built Operate , Appointed Date , Cabinet Secretariat , Cabinet Notes , Bot Projects , National Highways ,

VNR concerned over loss of entire equity


VNR concerned over loss of entire equity
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 10/01/2021
  
12:01
GMT+7
The Vietnam Railway Corporation (VNR) incurred losses of some VND1.3 trillion last year due to Covid-19 and continuous storms in the central region.
If the situation continues, the corporation may lose all of its equity of VND3.25 trillion by late 2022, said VNR Chairman Vu Anh Minh.
At a conference on January 8 to discuss the firm’s plans for 2021, Minh said VNR earned revenue of nearly VND6.6 trillion last year, equal to 78.3% of the figure in 2019. Of the total, the parent company generated over VND1.7 trillion, reaching 81.69% of the target and 66.6% of the revenue in the previous year, Tuoi Tre Online newspaper reported. ....

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