{"id":301945,"date":"2019-11-21T11:02:30","date_gmt":"2019-11-21T05:32:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301945"},"modified":"2019-11-21T11:02:30","modified_gmt":"2019-11-21T05:32:30","slug":"potholes-deepen-for-road-developers-as-nhai-slips-into-the-slow-lane","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/potholes-deepen-for-road-developers-as-nhai-slips-into-the-slow-lane\/","title":{"rendered":"Potholes deepen for road developers as NHAI slips into the slow lane"},"content":{"rendered":"<p>Mumbai: The National Highways Authority of India (NHAI) has pegged its FY20 ordering at 6,000km. However, after a good run for about four years, there is an air of scepticism in the road construction sector.<\/p>\n<p>Data on orders bagged by leading firms and awards given out by NHAI since 1 April clearly points to a slowdown. Between April and August, NHAI has awarded barely 555km of contracts. A report by JM Financial Services Ltd points out that while construction firms scored on execution in the September quarter, the average order book of five firms was 11% lower year-on-year. Order flows too fell by 37% from a year ago in Q2 FY20. Most of them have not even clocked half the targeted annual order flows in the first six months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The National Highways Authority of India (NHAI) has pegged its FY20 ordering at 6,000km. However, after a good run for about four years, there is an air of scepticism in the road construction sector. Data on orders bagged by leading firms and awards given out by NHAI since 1 April clearly points to a slowdown. Between April and August, NHAI has awarded barely 555km of contracts. A report by JM Financial Services Ltd points out that while construction firms scored on execution in the September quarter, the average order book of five firms was 11% lower year-on-year. Order flows [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-301945","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301945"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301945\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}