NHPC may foray into road construction

01 Apr 2019 Editorial Team

The state-run NHPC, formerly National Hydroelectric Power Corp, is reportedly exploring bidding for road construction projects. Considering that hydropower projects are located in far-flung areas, the firm has already been constructing roads in remote locations for its own use; it is already doing some Pradhan Mantri Gram Sadak Yojana (PMGSY) roads in Bihar. Reportedly, it wants to leverage its learnings from this work to tap the booming highways sector as part of its diversification strategy in India and overseas.

NHPC has constructed around 3,209 km of roads in Bihar. It now plans to participate in tariff-based or toll-based bids. Apparently, the PSU is also attracted by the National Highways Authority of India’s (NHAI) Bharatmala project.

According to Jagannarayan Padmanabhan, Director, CRISIL Infrastructure Advisory, “With an increased focus on awards of contracts, there is room for fresh players to compete in the Government’s highway programme. With HAM and EPC being NHAI’s preferred mode of award, and having taken away much of the project risk from the plate of the private player, this presents an exciting opportunity to developers or contractors who have dabbled in road construction before. Having said that, it is important to foray with a long-term strategy and not treat it as an opportunistic short-term play.”

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..