An autonomous body of Government of India under the ministry of Road, Transport & Highways constituted on June 15, 1989 under section 3(1) of the National Highways Authority of India Act, 1988.
The authority aims to survey, develop, maintain and manage the National Highways, to construct offi ces or workshops, to establish and maintain hotels, restaurants and rest rooms at or near the highways vested in or entrusted to it, to regulate and control the plying of vehicles, to develop and provide consultancy and construction services and to collect fees for services or benefi ts rendered in accordance with the Act.
As on August 31, 2011, NHAI has awarded 141 BOT Toll based contracts valued at Rs.1,04,984 crores, 49 BOT Annuity based contracts valued at Rs.29,081 crores through PPP mode.
Sources of funds include (i) Government support in the form of capital base, cess funds, additional budgetary support, capital grants, maintenance grant, ploughing back of toll revenue and loan from GoI, (ii) loan from multilateral agencies and (iii) market borrowings.
How to apply to NHAI Bonds?
You can download the forms below
Download Application Forms
Submit the filled up form to Collection canter near you
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