Over Rs 10,000 crore of Insurance Surety Bonds issued for NHAI contracts
Insurance companies have issued over Rs 10,000 crore of Insurance Surety Bonds (ISB) for contracts of the National Highways Authority of India (NHAI) under the ministry of road transport and highways.
“Till July 2025, 12 insurance companies have issued around 1,600 ISBs as bid security and 207 ISBs as performance security valued at around Rs 10,369 crores for NHAI contracts,” the road ministry said in a statement issued on Thursday.
