NHAI identifies 950 km stretches to be constructed under PPP

20 Sep 2019 CW Staff

The National Highways Authority of India (NHAI), in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth Rs 300 billion on its Build-Operate-Transfer (BOT) model.

The agency has invited pre-qualification bids after which it will assess the potential investors’ responses.

In accordance with the BOT model, the funding for building roads will be provided by the private sector developers who will also operate it for a fixed duration before transferring it to the government.

Various stretches have been identified on a pan-India basis after discussions with possible bidders, and cover the states of Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil Nadu, West Bengal, Chhattisgarh and Madhya Pradesh. The stretches are set to be bid out in the span of the current and the next financial year.

Additionally, the ministry of road transport and highways is also taking active steps to make the BOT mode of construction more attractive to the private sector. It is also reportedly, amending the termination clause of BOT projects, among other changes and is expected to issue guidelines to ensure that the project mode is successful.

Infrastructure Urban

07 Jul 2026

Metso Wins ASSOCHAM Award for Mining Equipment

Metso India has received the ASSOCHAM Business Excellence Award 2026 in the category of Excellence in Mining Equipment Manufacturing, with a special focus on sustainability. The recognition highlights the company’s contribution to supporting the mining industry’s demand for higher productivity while meeting environmental requirements.The award recognised Metso’s Metso Plus offerings, which are designed to improve efficiency and sustainability across mining and mineral processing operations. A key focus of the recognition was the company’s advanced grinding solutions, including Vertimil..

Marathon Enters Versova Redevelopment Market

Marathon Nextgen Realty has announced its entry into society redevelopment through a premium residential project in Versova, Mumbai. Its subsidiary, Sunset Spaces, has executed a development agreement for the redevelopment of an existing residential society.The project is spread across approximately 1.5 acres and has an estimated gross development value of over Rs 450 crore, subject to approvals, final plans, applicable regulations and market conditions. The project marks a strategic step for Marathon as it expands its presence across select Mumbai micro-markets.The redevelopment is being plan..

Maersk Unveils First India-Made Shipping Container

A.P. Moller – Maersk has unveiled its first export-import shipping container manufactured in India, marking a major milestone for the country’s maritime manufacturing sector. The container was launched at the Maersk and Container Corporation of India joint-venture Inland Container Depot at Dadri, Uttar Pradesh, in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal.The development makes Maersk the first international shipping line to procure an EXIM container manufactured in India. Following the unveiling, Maersk placed an order with DCM Shriram Group for 1,..