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Time of India
5 days ago
- Automotive
- Time of India
NHAI to bid out 124 highway projects worth ₹3.4 lakh crore in FY26, ET Infra
Advt Projects across multiple models Execution models and concession periods Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. Get updates on your preferred social platform Follow us for the latest news, insider access to events and more. The National Highways Authority of India (NHAI) has announced plans to bid out 124 highway and expressway projects with an estimated cost of ₹3.4 lakh crore in the financial year 2025-26. These projects will cover a total length of 6,376 Gorakhpur–Kishanganj–Siliguri project , spanning 476 kilometres, will be bid out under the Hybrid Annuity Model (HAM). The Tharad–Deesa–Mehsana–Ahmedabad (Pkg 1) project, which spans 106 kilometres, will be taken up under the Build Operate and Transfer (BOT) capacity augmentation of the Pampore (Srinagar) to Qazigund section of NH-44, covering 48 kilometres, will be executed through the Engineering Procurement and Construction (EPC) mode. This includes construction of service roads and grade-separated highway projects are executed primarily through three models: Build Operate and Transfer (BOT), Hybrid Annuity Model (HAM), and Engineering Procurement and Construction (EPC).The concession period for BOT and HAM projects, which includes maintenance responsibilities, ranges between 15 and 20 years and generally 15 years respectively. In EPC projects, the defect liability period is five years for bituminous pavement works and 10 years for concrete pavement works.
Business Upturn
22-04-2025
- Business
- Business Upturn
Ashoka Buildcon secures Rs 568.86 crore gauge conversion project from Central Railway
By Aditya Bhagchandani Published on April 22, 2025, 16:27 IST Ashoka Buildcon Limited has officially announced the receipt of a Letter of Acceptance (LoA) from Central Railway for a major infrastructure project. The accepted contract value stands at ₹568.86 crore, inclusive of GST, and involves comprehensive civil engineering works along a key railway corridor. According to the company's filing to the stock exchanges on April 22, the project includes the construction of earth work, major and minor bridges, RUBs (road under bridges), P. Way work, and other miscellaneous civil works as part of the gauge conversion between Pachora and Jamner, spanning approximately 53.3 km. The project scope specifically excludes the Pachora yard and road over bridges. Ashoka Buildcon confirmed the order falls under the Engineering, Procurement and Construction (EPC) category and will be executed over a period of 913 days. This project was awarded by a domestic public sector entity and is not considered a related party transaction. The latest contract is part of the company's ongoing strategic efforts to strengthen its order book in the railway infrastructure sector, aligning with national goals of modernizing transport infrastructure and improving rail connectivity. Ashoka Buildcon's stock is likely to remain in focus following this development as investors gauge the growth potential from this sizeable public sector order. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
