We aim to award road contracts worth Rs 3 trillion

04 Aug 2025 CW Team

India is accelerating its highway development with a sharper focus on execution speed, private participation, and quality. Shri Ajay Tamta, Minister of State for Road Transport and Highways of India, in an exclusive interview with Pratap Padode, Editor-in-Chief, Construction World, shares the Ministry's priorities and reform strategies. Excerpts from the conversation:

In recent years, MoRTH has missed its annual road construction targets. How does the Ministry plan to make up for the backlog in awarding contracts and project execution?

In recent years, the Ministry of Road Transport and Highways (MoRTH) has made unprecedented progress in expanding India’s national highway network. In the financial year 2024–25, against an annual construction target of 10,421 km, we achieved 10,660 km, surpassing the goal. For 2025–26, a target of 10,000 km has been set, out of which 1,994 km has already been constructed indicating that we are currently on track to meet our schedule targets...

To read the full Interview Click Here

Building Material

12 Sep 2025

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..