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NHAI sets target to award highway contracts in FY15

Thursday, 17 Apr 2014
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NHAI is ready with its targets to award around 5,000 km highway contracts in FY15.


The Authority is planning to award about 2,000 km through cash contracts, or EPC mode, and is ready with 3,000 km to be bid via the public-private partnership (PPP) mode. Awarding the projects on EPC mode can only take off if NHAI is able to acquire 90 per cent of the land, while the final award on PPP mode will depend on the market response.


As per NHAI's plan, it is readying about 2,300 km of highway projects with a total project cost of over Rs 15,000 crore via the EPC route; and 3,278 km PPP projects worth over Rs 35,000 crore. The EPC projects include the Rs 996 crore Talcher-Dubari-Chandikhole project, and the Rs 675 crore Bijapur-Gulbarga-Homnabad stretches which had been bid out in FY13, on the PPP mode, but failed to get any bidders.


The Authority has informed the Ministry of Road Transport and Highways (MoRTH) about the targets for FY15.


 

 
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