UP Pre-Election Infra Push Could Unlock Rs 500 bn Road Orders

15 Jul 2026 CW Team

The report said Uttar Pradesh has trended towards accelerating project execution before polls and launching new projects in parallel. Projects from the prior cycle such as the Ganga Expressway and Jewar Airport were expected to be inaugurated before the next elections while new expressways, link roads and urban infrastructure projects entered tendering. The focus shifted from standalone expressways to link expressways connecting existing transport corridors.

UPEIDA was identified as the principal execution agency and planned eight expressway projects spanning nearly 932 km, with several major link expressways already under tender. Larger projects such as the Vindhya Expressway and Meerut-Haridwar Expressway remained in survey and land acquisition stages while NHAI and the Ministry of Road Transport and Highways advanced the Ganga and Varuna corridors and the Kanpur-Kabrai Greenfield project. The brokerage expected most awards to be concentrated in the latter part of FY27, reflecting a pattern observed in FY22.

Anand Rathi noted that almost 30 per cent of the live pipeline spans sectors beyond highways, with around Rs 184 bn under implementation or tendering across metro rail, industrial and logistics infrastructure, buildings and power. Urban transport proposals included Lucknow Metro Phase One B, the Noida Metro Aqua Line extension and expansion proposals in Kanpur, Agra, Varanasi, Prayagraj, Gorakhpur and Bareilly while industrial development gathered pace around the Greater Noida-Jewar corridor. Among listed contractors, PNC Infratech was seen as best placed to benefit and had secured Rs 40 bn of orders in FY27 with several other large EPC and HAM players expected to participate.

Anand Rathi Research said Uttar Pradesh has entered another pre-election infrastructure investment cycle with roads again the centrepiece and that the pipeline could create opportunities worth Rs 500 billion (Rs 500 bn) in road project awards in FY27. The brokerage estimated the state has a live big-ticket infrastructure pipeline of around Rs 605 bn, of which nearly Rs 421 bn, or 70 per cent, is concentrated in roads and expressways. Tendering activity accelerated in June and July 2026 with UPEIDA and NHAI floating projects worth about Rs 239 bn. The report said Uttar Pradesh has trended towards accelerating project execution before polls and launching new projects in parallel. Projects from the prior cycle such as the Ganga Expressway and Jewar Airport were expected to be inaugurated before the next elections while new expressways, link roads and urban infrastructure projects entered tendering. The focus shifted from standalone expressways to link expressways connecting existing transport corridors. UPEIDA was identified as the principal execution agency and planned eight expressway projects spanning nearly 932 km, with several major link expressways already under tender. Larger projects such as the Vindhya Expressway and Meerut-Haridwar Expressway remained in survey and land acquisition stages while NHAI and the Ministry of Road Transport and Highways advanced the Ganga and Varuna corridors and the Kanpur-Kabrai Greenfield project. The brokerage expected most awards to be concentrated in the latter part of FY27, reflecting a pattern observed in FY22. Anand Rathi noted that almost 30 per cent of the live pipeline spans sectors beyond highways, with around Rs 184 bn under implementation or tendering across metro rail, industrial and logistics infrastructure, buildings and power. Urban transport proposals included Lucknow Metro Phase One B, the Noida Metro Aqua Line extension and expansion proposals in Kanpur, Agra, Varanasi, Prayagraj, Gorakhpur and Bareilly while industrial development gathered pace around the Greater Noida-Jewar corridor. Among listed contractors, PNC Infratech was seen as best placed to benefit and had secured Rs 40 bn of orders in FY27 with several other large EPC and HAM players expected to participate.

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