India, July 16 -- The Government of India has issued a release:
In a significant step towards institutionalising professional and technology-driven Operations and Maintenance (O&M) of National Highway assets, the National Highways Infra Trust (NHIT), an InvIT sponsored by NHAI, has engaged General Management Consultants (GMCs) for effective O&M of National Highways under its portfolio. National Highways Infra Trust (NHIT) was registered with SEBI in October 2020 and manages National Highway assets for a combined length of 2,653 km. In the first phase, O&M of 908 km long National Highway assets will be managed by GMCs. The initiative is aimed at enhancing asset performance, improving operational efficiency and adopting the best global pract...