NHAI highway contracts slip to 3-year low in H1 FY23
NHAI has awarded 777 km of road projects in H1 FY23, which is a three year low and 60% lower than the highway length awarded in the same period last fiscal
road construction
October 2022
July 2022
March 2022
December 2021
Highway projects hit a speed bump in Q1, FY23: Crisil
Highway projects hit a speed bump in the first quarter of this fiscal, with awarding by the MoRTH, including the NHAI, falling a sharp 42% on-year to 969 km, says Crisil
Shrem InvIT gets CCI nod to acquire DBL’s 10 road projects
Acquisition entails issue of certain units of Shrem InvIT to Dilip Buildcon and associates as consideration for acquisition, says CCI
Bharatmala hits slow lane, highway construction less than 25% of target
Even though the project is in its terminal year, only 8,134 kms of project length has been constructed till now.
Highway anomaly: Road-making dips while ministry capex at 3-yr high
While transport ministry and NHAI are utilising budgetary funds really fast – in fact faster than other ministries – it is not appearing on the ground.
