NHAI to award 6,500 km NH construction contracts this FY

03 Jun 2022 CW Team

Crisil predicted that the National Highways Authority of India (NHAI) awarding might slow down to 5,000 km annually over the current fiscal year (FY) and the next. It is committed to achieving its awarded target of 6,500 km this year.

Chairperson of NHAI, Alka Upadhyaya, said that the authority would also achieve its goal of constructing 5,000 km of national highways (NHs) during the current FY.

According to the Crisil report, NHAI awarding may slow down to 5,000 km annually over the current and the next FY, after a sequential rise from 2,222 km in FY19 to 6,306 km in FY22.

NHAI had awarded projects of 6,306 km in the last FY while constructing 4,325 km of highways. The capital expenditure (capex) by NHAI for highway infrastructure reached Rs 1,68,770 crore during FY22.

Crisil said that a limited rise in budgetary support, with a higher capex for 70% of high-value expressways under construction, could defer NHAI awards under Bharatmala Phase-1 beyond FY24.

About 40% of detailed project reports (DPR) are ready under Bharatmala Phase-1 and are yet to be awarded.

Upadhyaya said that NHAI will be able to award contracts for 30,000-31,000 km by 2025.

Till now, 576 projects of 20,368 km have already been awarded under the programme.

Bharatmala Pariyojana is the largest highway infrastructure programme in India, having a development portfolio of 34,800 km of NH corridors at an investment of Rs 5.35 lakh crore.

NHAI expects to award 60% of its projects under the hybrid annuity model (HAM) and 30% under engineering, procurement and construction (EPC) contracts.

Image Source

Also read: NHAI to build 5,795 km National Highways in Aspirational Districts

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..