76 national highway projects of about Rs 62k cr face inordinate delays
ROADS & HIGHWAYS

76 national highway projects of about Rs 62k cr face inordinate delays

As many as 76 national highway projects of the National Highways Authority of India amounting to around Rs 62,000 crore are facing delays related to land acquisition and statutory clearances even after four years.

The highway projects are yet incomplete due to land acquisition, statutory clearances, utility shifting delays and the issues of cash flow to the contractors and highway builders.

Minister of Road Transport and Highways Nitin Gadkari told the officials to speed up the delayed NH projects and release dues to the contractors in time.

Gadkari asked the officials to be more time-sensitive while taking decisions to avoid delays. NHAI has set a target to complete 87% of the delayed projects by June 2022, while the remaining 13% would take a longer time.

Officially, in FY 19-20 and FY 20-21, NHAI has bid out 236 projects of 8,091 km long with Rs 2.59 lakh crore investment. But still, work is yet to begin in 93 projects because of the non-availability of encumbrance-free land and transfer of land ownership by the respective state governments.

Hybrid Annuity Model (HAM) is also a major reason for the delay in work commencement, and the private players are still struggling to tie up finances from finance providers.

A parliamentary panel also reported a delay in 888 NH project completion of 27,665 km long and asked the ministry to prioritise the delayed projects.

NHAI has informed the ministry that out of the 203 cases that have been referred to the conciliation committees, 116 have been solved. These issues contain Rs 37,287 crore claims from the contractors and Rs 7,281 counter-claim from NHAI. These issues have been concluded at Rs 10,870 crore.

Image Source

As many as 76 national highway projects of the National Highways Authority of India amounting to around Rs 62,000 crore are facing delays related to land acquisition and statutory clearances even after four years. The highway projects are yet incomplete due to land acquisition, statutory clearances, utility shifting delays and the issues of cash flow to the contractors and highway builders. Minister of Road Transport and Highways Nitin Gadkari told the officials to speed up the delayed NH projects and release dues to the contractors in time. Gadkari asked the officials to be more time-sensitive while taking decisions to avoid delays. NHAI has set a target to complete 87% of the delayed projects by June 2022, while the remaining 13% would take a longer time. Officially, in FY 19-20 and FY 20-21, NHAI has bid out 236 projects of 8,091 km long with Rs 2.59 lakh crore investment. But still, work is yet to begin in 93 projects because of the non-availability of encumbrance-free land and transfer of land ownership by the respective state governments. Hybrid Annuity Model (HAM) is also a major reason for the delay in work commencement, and the private players are still struggling to tie up finances from finance providers. A parliamentary panel also reported a delay in 888 NH project completion of 27,665 km long and asked the ministry to prioritise the delayed projects. NHAI has informed the ministry that out of the 203 cases that have been referred to the conciliation committees, 116 have been solved. These issues contain Rs 37,287 crore claims from the contractors and Rs 7,281 counter-claim from NHAI. These issues have been concluded at Rs 10,870 crore. Image Source

Next Story
Infrastructure Urban

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

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

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

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement