Bids invited for Rs 310-bn highway projects in BOT model

16 Jan 2024 CW Team

The resurgence of the Build Operate Transfer (BOT) model in highway construction has been announced by the National Highways Authority of India (NHAI), which has initiated the bidding process for projects involving a combined investment of Rs 310 billion through this approach.

It is proposed that a total of 8 key highway stretches, including a greenfield access-controlled expressway, will be developed under the BOT model. This model, which had remained inactive for several years due to risk aversion among private investors, is now being revived. The total length of highways for which bids have been solicited is 517.4 km, and the expected total project cost is Rs 309.75 billion, to be precise. These projects were originally part of a list comprising 15 highway stretches totaling 937 km, intended to be awarded under BOT in the current financial year. The aggregate project cost of the highways in that list amounted to Rs 444.12 billion. Out of the original list of 15, four will now be developed using the Hybrid Annuity Model (HAM), and one will be executed through the Engineering Procurement Construction (EPC) mode.

The projects offered under BOT include a 6-lane greenfield access-controlled expressway between Agra and Gwalior, traversing through Uttar Pradesh, Rajasthan, and Madhya Pradesh. The estimated project cost for this 88.4 km expressway is Rs 38.41 billion. Bids have also been invited for other highways located in Maharashtra, Assam, and Telangana.

Infrastructure Transport

02 Apr 2026

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) par..