NHAI to award Rs 72k cr highways projects by March
ROADS & HIGHWAYS

NHAI to award Rs 72k cr highways projects by March

The Ministry of Roads Transport and Highways (MoRTH) has lined up bids for national highways spanning around 2,600 km and worth Rs 72,000 crore to be awarded by the end of this quarter.

A ministry official told a prominent media house that bids for over 77 projects at a total capital cost of Rs 71,891 crore are in the various tendering stages. While some of the bids have already been opened, the National Highways Authority of India (NHAI) will open the remaining bids soon and will award all the projects thereafter.

The bulk of the projects will be taken up on the hybrid annuity model (HAM), while others will be taken up on an engineering procurement and construction (EPC) contract basis. 

Two projects will be taken on build operate and transfer BOT (Toll) model, a public-private partnership (PPP) model that has been inactive for around a decade.

As per data from Yes Securities, 55% of the highway projects in the tendering pipeline will be awarded on Hybrid annuity model (HAM) basis, and 35% will be awarded on engineering procurement and construction (EPC) mode. The BoT toll projects are six laning of the national corridor on the NH-19 from Palsit to Dankuni in West Bengal, spanning 64 km at a capital cost of Rs 2,193 crore, and six laning of Panagarh to Palsit costing Rs 2,021 km and connecting 67.8 km.

EPC, HAM, BOT (Toll). EPC and HAM are the construction models in which the government bears the traffic risk and capital cost. In the BoT (Toll), the private sector participants arrange funding for the project, build and operate the project, and transfer the asset to the government after the end of the concession period.

According to data from the National Highways Authority of India (NHAI), a total of 1,330 km of highway projects were awarded in the first half of FY21.

Image: Highway works for 2,100+ projects, worth Rs 1.63 lakh crore, have been sanctioned in the last six years


Also read: NHAI looks to monetise 7,500 km roads

Also read: Highway works worth Rs 1.63 lakh cr sanctioned in six years

The Ministry of Roads Transport and Highways (MoRTH) has lined up bids for national highways spanning around 2,600 km and worth Rs 72,000 crore to be awarded by the end of this quarter. A ministry official told a prominent media house that bids for over 77 projects at a total capital cost of Rs 71,891 crore are in the various tendering stages. While some of the bids have already been opened, the National Highways Authority of India (NHAI) will open the remaining bids soon and will award all the projects thereafter. The bulk of the projects will be taken up on the hybrid annuity model (HAM), while others will be taken up on an engineering procurement and construction (EPC) contract basis.  Two projects will be taken on build operate and transfer BOT (Toll) model, a public-private partnership (PPP) model that has been inactive for around a decade. As per data from Yes Securities, 55% of the highway projects in the tendering pipeline will be awarded on Hybrid annuity model (HAM) basis, and 35% will be awarded on engineering procurement and construction (EPC) mode. The BoT toll projects are six laning of the national corridor on the NH-19 from Palsit to Dankuni in West Bengal, spanning 64 km at a capital cost of Rs 2,193 crore, and six laning of Panagarh to Palsit costing Rs 2,021 km and connecting 67.8 km. EPC, HAM, BOT (Toll). EPC and HAM are the construction models in which the government bears the traffic risk and capital cost. In the BoT (Toll), the private sector participants arrange funding for the project, build and operate the project, and transfer the asset to the government after the end of the concession period. According to data from the National Highways Authority of India (NHAI), a total of 1,330 km of highway projects were awarded in the first half of FY21.Image: Highway works for 2,100+ projects, worth Rs 1.63 lakh crore, have been sanctioned in the last six years Also read: NHAI looks to monetise 7,500 km roads Also read: Highway works worth Rs 1.63 lakh cr sanctioned in six years

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?