NHPC may foray into road construction

01 Apr 2019 Editorial Team

The state-run NHPC, formerly National Hydroelectric Power Corp, is reportedly exploring bidding for road construction projects. Considering that hydropower projects are located in far-flung areas, the firm has already been constructing roads in remote locations for its own use; it is already doing some Pradhan Mantri Gram Sadak Yojana (PMGSY) roads in Bihar. Reportedly, it wants to leverage its learnings from this work to tap the booming highways sector as part of its diversification strategy in India and overseas.

NHPC has constructed around 3,209 km of roads in Bihar. It now plans to participate in tariff-based or toll-based bids. Apparently, the PSU is also attracted by the National Highways Authority of India’s (NHAI) Bharatmala project.

According to Jagannarayan Padmanabhan, Director, CRISIL Infrastructure Advisory, “With an increased focus on awards of contracts, there is room for fresh players to compete in the Government’s highway programme. With HAM and EPC being NHAI’s preferred mode of award, and having taken away much of the project risk from the plate of the private player, this presents an exciting opportunity to developers or contractors who have dabbled in road construction before. Having said that, it is important to foray with a long-term strategy and not treat it as an opportunistic short-term play.”

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..