+
NHAI identifies projects worth Rs 8 trillion to be awarded in the next three years
ROADS & HIGHWAYS

NHAI identifies projects worth Rs 8 trillion to be awarded in the next three years

The National Highways Authority of India (NHAI) has reportedly, mapped out a pipeline of projects that will be awarded in the span of the coming three years. The identified projects are estimated to be worth Rs 8 trillion. The move comes at a time when the Finance Ministry had announced its decision in September to create a task force in order to push investments of Rs 100 trillion in the infrastructure sector. 

The government is extensively boosting investment in various sectors to achieve its ambitious goal of becoming a USD 5 trillion economy in the next five years. 

As reported, the agency has created a pipeline which it will present to the committee set up the Finance Ministry. The recommendations will then be further assessed in tune with the government’s plan. The projects to be put forward to the committee include a major chunk from Bharatmala Phase-1 as well as other strategic ventures. The land acquisition process is already being organised by NHAI.

The committee, led by the Department of Economic Affairs’ secretary, will release the report for upcoming projects for FY19 by the end of October, while a report for projects in the pipeline for FY21-25 will be submitted by the end of December. 

Additionally, the appraisal for the identified projects is being done by the Ministry of Road, Transport and Highways. Given the hesitance felt by private investors towards the Build-Operate-Transfer (BOT) model, the projects are likely to be awarded under the Engineering, Procurement and Construction (EPC) mode. 

Reportedly, it is expected that given NHAI’s strong influence over the country’s infrastructure, following the bidding process, there will be an upward trend in the economy. 

However, in order to meet its project deadlines and to achieve successful completion, the government will have to streamline a continuous flow of investments – of which, private players will be a major part. 

The National Highways Authority of India (NHAI) has reportedly, mapped out a pipeline of projects that will be awarded in the span of the coming three years. The identified projects are estimated to be worth Rs 8 trillion. The move comes at a time when the Finance Ministry had announced its decision in September to create a task force in order to push investments of Rs 100 trillion in the infrastructure sector. The government is extensively boosting investment in various sectors to achieve its ambitious goal of becoming a USD 5 trillion economy in the next five years. As reported, the agency has created a pipeline which it will present to the committee set up the Finance Ministry. The recommendations will then be further assessed in tune with the government’s plan. The projects to be put forward to the committee include a major chunk from Bharatmala Phase-1 as well as other strategic ventures. The land acquisition process is already being organised by NHAI.The committee, led by the Department of Economic Affairs’ secretary, will release the report for upcoming projects for FY19 by the end of October, while a report for projects in the pipeline for FY21-25 will be submitted by the end of December. Additionally, the appraisal for the identified projects is being done by the Ministry of Road, Transport and Highways. Given the hesitance felt by private investors towards the Build-Operate-Transfer (BOT) model, the projects are likely to be awarded under the Engineering, Procurement and Construction (EPC) mode. Reportedly, it is expected that given NHAI’s strong influence over the country’s infrastructure, following the bidding process, there will be an upward trend in the economy. However, in order to meet its project deadlines and to achieve successful completion, the government will have to streamline a continuous flow of investments – of which, private players will be a major part. 

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?