Why in news
The National Highways Authority of India (NHAI) said its special purpose vehicle company DME Development Ltd. will raise ₹1,000 crore through green bonds
It is to implement climate-friendly measures on the Delhi-Mumbai Expressway project.
National Highways Authority of India (NHAI)
NHAI is India’s premier highway infrastructure creator entrusted with developing, maintaining, and managing National Highways.
It is a statutory body under the administrative control of the Ministry of Road Transport and Highways.
It was constituted under National Highways Authority of India Act, 1998 and made operational in February 1995.
Headquarters : Dwarka, Delhi
Composition: It consists of a full time Chairman, and not more than five full time Members and four part time Members who are appointed by the Central Government.
The part time Members are the Secretary (RT&H), Secretary (Expenditure), Secretary (Planning) and DG (RD) & SS.
NHAI has technical, Finance, Administrative and Vigilance Wings at its Headquarters.
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