We are planning to award projects worth around Rs 2.25 tn in FY22
ROADS & HIGHWAYS

We are planning to award projects worth around Rs 2.25 tn in FY22

- Dr. Sukhbir Singh Sandhu, Chairman, NHAI

Despite losing the best construction months to Covid-19 related lockdown, National Highways Authority of India (NHAI) constructed 4,192 km of National Highways in FY2020-21. Notably, this is the highest ever highway construction achieved in a financial year by NHAI. At 4,192 km, the pace of construction increased by 5 per cent in 2020-21 as compared to 3,979 km constructed in 2019-20 and 24 per cent more than 3,380 km constructed in 2018-19. Considering construction in lane kilometer, NHAI has constructed 18,500 lane km during FY2020-21, tallying to over 50 lane km per day. This is 40 per cent more than the 13,243 lane km constructed in FY2019-20 and 91 per cent more in comparison to the 9,684 km constructed in FY2018-19.

How was this achieved?
“During the first wave of Covid-19 last year, NHAI remained persistent in working diligently towards creating National Highway infrastructure. We have successfully overcome the challenges by the pandemic and related situation in 2020. Like last year, we are fully committed to complete our projects in a time bound manner with least impact due to the pandemic and subsequent situation,” says Dr. Sukhbir Singh Sandhu, Chairman, NHAI. He shares more on NHAI’s plans and targets in an exclusive interview with SERAPHINA D’SOUZA.

Click here to know more.

- Dr. Sukhbir Singh Sandhu, Chairman, NHAI Despite losing the best construction months to Covid-19 related lockdown, National Highways Authority of India (NHAI) constructed 4,192 km of National Highways in FY2020-21. Notably, this is the highest ever highway construction achieved in a financial year by NHAI. At 4,192 km, the pace of construction increased by 5 per cent in 2020-21 as compared to 3,979 km constructed in 2019-20 and 24 per cent more than 3,380 km constructed in 2018-19. Considering construction in lane kilometer, NHAI has constructed 18,500 lane km during FY2020-21, tallying to over 50 lane km per day. This is 40 per cent more than the 13,243 lane km constructed in FY2019-20 and 91 per cent more in comparison to the 9,684 km constructed in FY2018-19. How was this achieved? “During the first wave of Covid-19 last year, NHAI remained persistent in working diligently towards creating National Highway infrastructure. We have successfully overcome the challenges by the pandemic and related situation in 2020. Like last year, we are fully committed to complete our projects in a time bound manner with least impact due to the pandemic and subsequent situation,” says Dr. Sukhbir Singh Sandhu, Chairman, NHAI. He shares more on NHAI’s plans and targets in an exclusive interview with SERAPHINA D’SOUZA.Click here to know more.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement