+
Highway projects mostly at risk in four states
Real Estate

Highway projects mostly at risk in four states

Photo: For representational purpose

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


Photo: For representational purpose 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

Next Story
Infrastructure Energy

WattPower, First Solar Host Solar Connect to Boost Agri-Solar in Telangana

WattPower, a renewable energy solutions provider, in collaboration with First Solar, hosted a high-level industry roundtable titled ‘Solar Connect’ at Vivanta, Hyderabad. The event focused on advancing agri-solar deployment in Telangana under the PM-KUSUM scheme. The session brought together policymakers, clean energy experts, and project stakeholders to address the core challenges in scaling agri-solar infrastructure. The agenda included technical presentations by both companies and a panel discussion moderated by Pavit Gandhi, Director, Sales, WattPower. The panel, titled “Un..

Next Story
Infrastructure Urban

PM Modi to Launch Rs 12 Billion Projects in Bihar, Rs 5 Billion in West Bengal

Prime Minister Narendra Modi will visit Bihar and West Bengal on Friday to launch a series of development projects worth over Rs 17 billion, aimed at strengthening infrastructure, connectivity, and socio-economic growth in the two states.Projects in BiharIn Bihar, the Prime Minister will lay foundation stones, inaugurate, and dedicate projects spanning rail, road, rural development, fisheries, electronics, and information technology sectors.He will inaugurate multiple rail projects, including the automatic signalling system on the Samastipur-Bachhwara rail line for improved train operations. T..

Next Story
Infrastructure Transport

IRCON Secures Rs 1.87 Billion in Major Mumbai Metro and Rail Contracts

State-owned engineering firm IRCON International Limited announced on Friday, 18 July, that it has secured three major infrastructure contracts worth over Rs 1.87 billion. The awards include two contracts for Mumbai Metro projects from the Mumbai Metropolitan Region Development Authority (MMRDA) and one railway project in Madhya Pradesh from Rail Vikas Nigam Limited (RVNL).IRCON received a Letter of Award from RVNL for a railway infrastructure project valued at Rs 756 million (inclusive of GST) in Madhya Pradesh. The contract was awarded to the IRCON–JPWIPL joint venture, where IRCON holds a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?