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    • Govt to fall short on FY23 target despite revving up highway construction during Jan-Feb

      Collectively 8,064 km of national highways have been constructed in 2022-23 till February, which makes it nearly impossible for the government to meet its target of 12,000 km by the end of March.

    • NHAI plans to award 1,000-1,500 km of projects under BOT model in 2023-24

      In the current financial year, NHAI had initially planned to award 600-1,000 km highway stretches through the BOT model and managed to award projects of around 650 km, an NHAI official said.

    • Modified bid guidelines in HAM road projects a leg-up for sector viability

      Fixing fair O&M costs through the maintenance period will sustain quality of roads, provide exit windows for developers after construction and boost mergers and acquisitions in the sector

    • Diluted eligibility criteria erode listed firms' share in road projects

      While the budget may hike outlays, the roads’ sector is hampered by problems on the execution front 

    • NHAI plans to bid out more public private partnership projects through BOT route: Sources

      In the current financial year, NHAI had initially planned to award 450 km of road projects through the BOT model but is likely to exceed its set target, one company official said, with 15-20 percent of total projects being under this mode in 2022-23.

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