NHAI says it will award Rs 50k cr projects in Q1

22 Mar 2021 CW Team

The National Highways Authority of India (NHAI) is set to bid out highway projects worth around Rs 50,000 crore in the first quarter starting from April this year.

NHAI is pacing up the pipeline of projects to be awarded in the first quarter of the coming fiscal year. Awarding activity is expected to reach around 4,500 km of highways this financial year.

The process to award projects has gained momentum in the past few months, after the Covid-induced slowdown last year.

In the current financial year (FY), the authority has awarded 2,350 km of highways worth Rs 1.3 lakh crore. Bids for another 2,000 km are expected to be awarded in the next fortnight, NHAI told the media. NHAI will start Q1 FY22 with around 2,500 km of bids to be awarded.

While the pace of awarding has been robust for the Ministry of Road Transport and Highways (MoRTH), including its implementing agencies NHAI and National Highways and Infrastructure Development Corporation, project completion has been a concern.

As we have reported earlier, the Parliament Standing Committee on transport, tourism and culture has expressed concerns over delays in as many as 888 road projects under the road transport ministry, which amount to Rs 3 lakh crore involving 27,665 km road stretches.

The panel recommended the Ministry of Road Transport and Highways (MoRTH) to take strong steps to encourage the participation of the private sector in road infrastructure projects across the country.

It recommended NHAI to prioritise the completion of its delayed road projects to prevent further cost escalation. The committee has also recommended NHAI to explore restructuring of its existing debt and prepare proposals to raise long term funds through the upcoming development financial institutions announced by Finance Minister Nirmala Sitharaman in the Budget 2021.

Image Source

Also read: Under-construction highways delayed by pandemic: Minister

Also read: Gadkari: 60,000 km highways in five years

The National Highways Authority of India (NHAI) is set to bid out highway projects worth around Rs 50,000 crore in the first quarter starting from April this year. NHAI is pacing up the pipeline of projects to be awarded in the first quarter of the coming fiscal year. Awarding activity is expected to reach around 4,500 km of highways this financial year. The process to award projects has gained momentum in the past few months, after the Covid-induced slowdown last year. In the current financial year (FY), the authority has awarded 2,350 km of highways worth Rs 1.3 lakh crore. Bids for another 2,000 km are expected to be awarded in the next fortnight, NHAI told the media. NHAI will start Q1 FY22 with around 2,500 km of bids to be awarded. While the pace of awarding has been robust for the Ministry of Road Transport and Highways (MoRTH), including its implementing agencies NHAI and National Highways and Infrastructure Development Corporation, project completion has been a concern. As we have reported earlier, the Parliament Standing Committee on transport, tourism and culture has expressed concerns over delays in as many as 888 road projects under the road transport ministry, which amount to Rs 3 lakh crore involving 27,665 km road stretches. The panel recommended the Ministry of Road Transport and Highways (MoRTH) to take strong steps to encourage the participation of the private sector in road infrastructure projects across the country. It recommended NHAI to prioritise the completion of its delayed road projects to prevent further cost escalation. The committee has also recommended NHAI to explore restructuring of its existing debt and prepare proposals to raise long term funds through the upcoming development financial institutions announced by Finance Minister Nirmala Sitharaman in the Budget 2021. Image Source Also read: Under-construction highways delayed by pandemic: Minister Also read: Gadkari: 60,000 km highways in five years

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..