NHAI on fast lane! Awards 1,330 km highway projects worth Rs 47,289 crore
The National Highways Authority of India (NHAI) on Wednesday said it has awarded 40 national highway projects, totalling 1,330 km, with a capital cost of Rs 47,289 crore in the first half of the current fiscal. In the April-August period of the last fiscal, the authority had awarded 828 km national highway projects.
The capital cost includes the cost of civil work, land acquisition, and other pre-construction activities. Of the 40 projects awarded till September, 24 were awarded through the engineering procurement and construction (EPC) mode and the remaining on the hybrid annuity model (HAM) mode.
