Highway projects mostly at risk in four states
Construction of national highways came to a grinding halt with the nationwide lockdown imposed on March 25, 2020, to fight the COVID-19 pandemic. However, to the relief of developers, the government allowed resumption of construction from April 20, subject to clearances from district administrations.
But activity remains stalled due to severe shortage of labour and raw material, and difficulty in securing requisite clearances.
What’s more, the Centre has divided districts into red, orange and green zones based on the extent of contagion. Only insitu construction is allowed in red zones until the next announcement.
As per a press note by CRISIL Research, the firm’s analysis of over 270 under-construction national highways indicates the top 10 states account for 80 per cent of the projects.
The zones of maximum risk
Projects are most at risk in four of these states – Maharashtra, Uttar Pradesh, Tamil Nadu and Andhra Pradesh – that account for over a third of the projects.In Maharashtra, which has 11 per cent of the national highway projects, as much as 55 per cent of it is in red zones.
In Uttar Pradesh, which has the lion’s share of projects under construction at 15 per cent, a third is in the red zones.
Projects in Tamil Nadu and Andhra Pradesh, each with over 35 per cent projects in red zones, are also at risk.
In the milieu, for developers, containment of the pandemic and lifting of the extended lockdown are the key monitorables for a return to normalcy.
About a fifth of under-construction NHAI projects are in the red zones of the top 10 states
Those in Maharashtra, Uttar Pradesh, Gujarat, Tamil Nadu and Andhra Pradesh are at higher risk
Related Stories
Gold Stories
Adani begins construction of Dharavi rehabilitation homes
Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..
Adani begins construction of Dharavi rehabilitation homes
Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..
Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh
Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..
Related Articles
Latest Updates
