Bidding Models

28 Oct 2024 CW Team

The evolution of road infrastructure models has become a focal point in discussions surrounding sustainable development and investment in India. Recent dialogues have highlighted the transformative shift from traditional EPC contracts to more dynamic frameworks such as BOT and HAM, underscoring the crucial role of the National Highways Authority of India (NHAI) in fostering PPPs that are vital for the country’s infrastructure growth. At this point in time, the Ministry of Road Transport & Highways (MoRTH) and NHAI had missed their national highway construction targets in six of the past 10 years. Also, the Government is now looking to reduce its debt to `1 trillion by 2024-25.

“We have NHAI, which everyone has been discussing, but it would be interesting to hear the Maharashtra State Road Development Corporation (MSRDC) perspective, given their active involvement in road projects,” said moderator Suneet Maheshwari, Chairman, Udvik Infrastructure, expressing a desire to explore NHAI’s insights on attracting Indian developers back into the sector.

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