Highway Construction: NHAI sets target for 4,600 km in FY22

13 May 2021 CW Team

The National Highways Authority of India (NHAI) has a vigorous stream of funds, including borrowings, budgetary outlays, and the funds realised through the toll-operate-transfer (TOT) route. NHAI believes that they could meet the target if they rely on EPC projects and HAM projects, though the current target seems too high.

S S Sandhu, the Chairman of NHAI, told the media that the authority was confident in achieving the target that has been set for the current fiscal year, as there has been a bit of impact on highway construction lately owing to a pandemic-induced labour shortage in some sites.

Of the total projects taken in 2020-21, two were on Build-Operate-Transfer (Toll) for a length of 132 km, seventy projects for a length of 2,047 km are on Engineering, Procurement and Construction (EPC) model and the remaining sixty-nine projects for a length of 2,609 km were on Hybrid Annuity Model (HAM).

One forty-one projects were awarded by NHAI for a length of 4,788 km in 2020-21. Compared to 3,211 km in 2019-20 and 2,222 km in 2018-19, the length awarded in 2020-21 was the highest in the last three years.

NHAI told the media earlier that it hopes to award projects worth around Rs 2.25 lakh crores in the current fiscal year. The capital costs of the projects taken up in 2018-19 and 2019-20 were Rs 64,009 crores and Rs 81,324 crores, respectively. The capital cost of the projects taken in 2020-21 accounts for Rs 1,71,226 crores.

The Ministry of Road Transport and Highways informed the media that they hope that the construction would touch 40 km per day in 2021-22 from 36.4 km per day in 2020-21. All the executives, including the NHAI, constructed a record of 13,298 km highways in 2020-21, up from 10,237 km in 2019-20.

Image Source

Also read: Govt sets two year road construction target worth Rs 15 lakh cr

Also read: Nitin Gadkari: India made world record for fastest road construction

The National Highway Authority of India (NHAI) has set a target to build new highways with a combined length of 4,600 km in the current fiscal year, despite the pandemic still wreaking havoc on the nation and its economy. The National Highways Authority of India (NHAI) has a vigorous stream of funds, including borrowings, budgetary outlays, and the funds realised through the toll-operate-transfer (TOT) route. NHAI believes that they could meet the target if they rely on EPC projects and HAM projects, though the current target seems too high. S S Sandhu, the Chairman of NHAI, told the media that the authority was confident in achieving the target that has been set for the current fiscal year, as there has been a bit of impact on highway construction lately owing to a pandemic-induced labour shortage in some sites. Of the total projects taken in 2020-21, two were on Build-Operate-Transfer (Toll) for a length of 132 km, seventy projects for a length of 2,047 km are on Engineering, Procurement and Construction (EPC) model and the remaining sixty-nine projects for a length of 2,609 km were on Hybrid Annuity Model (HAM). One forty-one projects were awarded by NHAI for a length of 4,788 km in 2020-21. Compared to 3,211 km in 2019-20 and 2,222 km in 2018-19, the length awarded in 2020-21 was the highest in the last three years. NHAI told the media earlier that it hopes to award projects worth around Rs 2.25 lakh crores in the current fiscal year. The capital costs of the projects taken up in 2018-19 and 2019-20 were Rs 64,009 crores and Rs 81,324 crores, respectively. The capital cost of the projects taken in 2020-21 accounts for Rs 1,71,226 crores. The Ministry of Road Transport and Highways informed the media that they hope that the construction would touch 40 km per day in 2021-22 from 36.4 km per day in 2020-21. All the executives, including the NHAI, constructed a record of 13,298 km highways in 2020-21, up from 10,237 km in 2019-20. Image Source Also read: Govt sets two year road construction target worth Rs 15 lakh cr Also read: Nitin Gadkari: India made world record for fastest road construction

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..