NHPC may foray into road construction
ROADS & HIGHWAYS

NHPC may foray into road construction

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 do...

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.”

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?