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India's national highway authority to bid out 124 road projects worth ₹3.4 lakh crore in FY26

India's national highway authority to bid out 124 road projects worth ₹3.4 lakh crore in FY26

Time of India2 days ago
India's National Highways Authority of India (NHAI) plans to auction 124 highway and expressway projects worth Rs 3.4 lakh crore in 2025-26, covering 6,376 km. Projects like Gorakhpur-Siliguri will use the Hybrid Annuity Model (HAM), while Tharad-Ahmedabad will use the Build Operate and Transfer (BOT) model.
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The National Highways Authority of India (NHAI) plans to open bids for 124 highway and expressway projects worth ₹3.4 lakh crore in 2025–26. The combined length of these upcoming road projects is estimated at 6,376 kilometres, reported PTI on Friday.Among the major corridors in the pipeline is the Gorakhpur–Kishanganj–Siliguri stretch (476 km), which will be developed under the Hybrid Annuity Model (HAM). Another key route, the Tharad–Deesa–Mehsana–Ahmedabad package-1 (106 km), will be tendered under the Build-Operate-Transfer (BOT) model.The NHAI also plans capacity augmentation work on the Pampore (Srinagar) to Qazigund section of NH-44 (48 km). This will include the construction of service roads and grade-separated structures and will be awarded under the Engineering Procurement and Construction (EPC) model.Highway development in India typically follows one of three models: BOT, HAM, and EPC. BOT projects usually have a concession period of 15 to 20 years, during which the private developer maintains the road. In the HAM model, the typical concession period is 15 years, and the concessionaire is also responsible for maintenance.EPC contracts, in contrast, come with fixed maintenance obligations after completion , five years for bituminous roads and ten years for concrete stretches.These upcoming tenders are part of NHAI's broader push to ramp up highway infrastructure and attract private participation across funding models.
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