NHAI plans to bid out tasks value 3.4 lakh crore – Occasions of India


NEW DELHI: Nationwide Highways Authority of India (NHAI) plans to bid out 124 highways and expressway tasks value Rs 3.4 lakh crore in present monetary yr (2025-26). NHAI has put the complete listing of tasks in public area, amid a way of uncertainty among the many freeway builders.In final two years, there was a slowdown in award (bidding out) of tasks by NHAI, after the halt of govt’s flagship Bharatmala programme for freeway improvement. Whereas NHAI bid out tasks of 6,003 km in 2022-23, this has slowed down to three,339 km in 2023-24 and elevated marginally to 4,008 km in 2024-25. Govt’s choice to open bids solely after 90% availability of land has been one of many causes behind slowing down of tasks.A senior NHAI official mentioned the target behind placing the listing of the tasks in public area is to make the freeway builders privy to them and put together themselves. He accepted that slowdown in award of tasks in previous two years has been a matter of concern, which has created some sense of uncertainty amongst freeway builders.This time, Almost 78% of tasks will probably be supplied below public personal partnership (PPP) mode, together with improvement of 476 km of Gorakhpur-Kishangan-Siliguri freeway, costing round Rs 35,000 crore, Patna-Purnea stretch (282 km) with estimated price of Rs 17,076 crore and two packages of Nashik-Ahmednagar freeway, with size of 374 km, entailing an funding of little over Rs 19,000 crore. Remainder of the tasks will probably be awarded below totally govt-funded mode.