NHAI sources said project awards in the current fiscal could be close to 5,000 km and HAM is expected to have the largest share of awards followed by EPC. BOT is likely to gain momentum to constitute between 5-10% of the award basket. Project awards through the BOT route drew a blank in both 2018-19 and 2019-20.
“Funds are not a constraint for project awards. We will be exceeding our last year’s achievement in the current fiscal,” NHAI chairman Dr SS Sandhu told FE.
For the current fiscal, NHAI has been allocated Rs 57,350 crore in the Budget for 2021-22, up from Rs 49,050 crore (RE) in 2020-21. NHAI has also been permitted to borrow Rs 65,000 crore in 2021-22, same as in 2020-21.