Wider highways, tunnels, flyovers and land acquisition raised Bharatmala cost
ROADS & HIGHWAYS

Wider highways, tunnels, flyovers and land acquisition raised Bharatmala cost

Responding to reports that the Comptroller and Auditor General (CAG) in a latest audit report flagged huge cost overruns in the Dwarka Expressway project, a roads ministry official said the cost of high...

Responding to reports that the Comptroller and Auditor General (CAG) in a latest audit report flagged huge cost overruns in the Dwarka Expressway project, a roads ministry official said the cost of highway projects under India's Bharatmala programme has risen above initial estimates due to the construction of wider highways, tunnels, flyovers as well as more expensive land acquisition. They said the government had saved over 12 per cent in construction cost against estimates in awarding contracts of Urban Extension Road-II or Dwarka Expressway and would convey their comments on the issue to the CAG and whenever it came up for discussion in the Public Accounts Committee. The CAG had earlier said that the National Highways Authority of India's (NHAI) decision to go for an elevated carriageway on the Haryana portion of the Dwarka Expressway pushed up the construction cost to Rs.2,510 million per kilometre from `182 million per km as estimated earlier.The auditor also flagged irregularities in awarding of highway projects by NHAI and the National Highways and Infrastructure Development Corporation (NHIDCL) - the implementing agencies which develop centrally funded road projects.

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Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

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Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

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Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

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