NHAI awards projects worth Rs 1,220 billion in FY2017-18
ROADS & HIGHWAYS

NHAI awards projects worth Rs 1,220 billion in FY2017-18

The National Highways Authority of India (NHAI) has awarded 150 road projects of 7,400 km worth Rs 1,220 billion in FY2017-18. In last five years, the average length of road projects awarded by NHAI was 2,860 km, with 4,335 km awarded in the last financial year. Under the new protocol, the NHAI board was delegated full powers for sanctioning EPC projects. Following that, the high powered Projects Appraisal Committee and Cost Committee were put in place in NHAI.

Tendering and awarding projects picked up only after the sanction of ambitious Bharatmala programme and subsequent new procedure for sanction being put in place in November 2017. As reported, during this drive, post Bharatmala, 232 projects were put on tenders involving around 11,200 km of road length costing more than Rs 1,960 billion.

Out of the total projects awarded, 3,791 km length was reportedly awarded on EPC mode at Rs 430 billion; 3,396 km was awarded on Hybrid Annuity Mode (HAM) at Rs 765 billion and 209 km on Toll mode at Rs 25 billion.

The projects awarded include 1,234 km in Rajasthan; 739 km in Maharashtra; 747 km in Odisha; 725 km in Uttar Pradesh; 511 km in Tamil Nadu; 504 km in Andhra Pradesh; 468 km in Karnataka; 449 km in Gujarat; 389 km in Madhya Pradesh; 331 km in Haryana; 232 km in Bihar; 201 km in Jharkhand; 189 km in Telangana; 126 km in West Bengal; 120 km in Punjab; 100 km in Jammu and Kashmir; and the balance in other states.




"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The National Highways Authority of India (NHAI) has awarded 150 road projects of 7,400 km worth Rs 1,220 billion in FY2017-18. In last five years, the average length of road projects awarded by NHAI was 2,860 km, with 4,335 km awarded in the last financial year. Under the new protocol, the NHAI board was delegated full powers for sanctioning EPC projects. Following that, the high powered Projects Appraisal Committee and Cost Committee were put in place in NHAI. Tendering and awarding projects picked up only after the sanction of ambitious Bharatmala programme and subsequent new procedure for sanction being put in place in November 2017. As reported, during this drive, post Bharatmala, 232 projects were put on tenders involving around 11,200 km of road length costing more than Rs 1,960 billion. Out of the total projects awarded, 3,791 km length was reportedly awarded on EPC mode at Rs 430 billion; 3,396 km was awarded on Hybrid Annuity Mode (HAM) at Rs 765 billion and 209 km on Toll mode at Rs 25 billion. The projects awarded include 1,234 km in Rajasthan; 739 km in Maharashtra; 747 km in Odisha; 725 km in Uttar Pradesh; 511 km in Tamil Nadu; 504 km in Andhra Pradesh; 468 km in Karnataka; 449 km in Gujarat; 389 km in Madhya Pradesh; 331 km in Haryana; 232 km in Bihar; 201 km in Jharkhand; 189 km in Telangana; 126 km in West Bengal; 120 km in Punjab; 100 km in Jammu and Kashmir; and the balance in other states.

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement