New Delhi: In what will add to the competition in the road-construction space, state run NHPC Ltd. is exploring to bid for road projects, said a top company executive.
This development comes in the backdrop of a revival of the highway sector and will pit the public sector unit (PSU) against private road sector developers such as IRB Infrastructure, Hindustan Construction Co. Ltd, Larsen and Toubro Ltd and Ashoka Buildcon Ltd among others.
The new business opportunity is being considered by NHPC in India and overseas as part of its diversification strategy, said Balraj Joshi, chairman and managing director, NHPC in an interview.
