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Roadways Industry News

NH projects worth Rs 10,992 cr in bidding stage

Tuesday 25th Jul 2023    215
NH projects worth Rs 10,992 cr in bidding stage
 

The Ministry of Road Transport and Highways is currently handling 202 National Highway projects with a total length of 6,270km with an estimated cost of Rs 79,789 crore. Of these projects, 42 NH projects, spread over 474 km and valued at Rs 10,992 crore, are in the bidding phase.

In addition, 11 NH projects covering 245km and costing around Rs 3,816 crore are about to reach the stage of declaration of the set date in Maharashtra, the Ministry of Road Transport and Highways (MoRTH) reported. The construction period for these projects usually varies from 18 to 30 months from the agreed date.

Since the government adopted the FASTag programme, the number of toll plazas on national highways has increased significantly. In the 2022-23 financial year, a total of 112 fee plazas were started under the National Highways Authority of India.

As of April 29, 2023, the FASTag collection in the squares on the national highways reached Rs 162.10 crore. The collection via FASTags over the past three months shows an upward trend and constantly exceeds the Rs 4,000 crore mark. The collections of the past three months were the following:

The Ministry of Road Transport and Highways is currently handling 202 National Highway projects with a total length of 6,270km with an estimated cost of Rs 79,789 crore. Of these projects, 42 NH projects, spread over 474 km and valued at Rs 10,992 crore, are in the bidding phase.

Het ministerie van Wegtransport en Snelwegen behandelt momenteel 202 National Highway-projecten met een totale lengte van 6.270 km met een geschatte kosten van Rs 79.789 crore. Van deze projecten bevinden 42 NH-projecten, verspreid over 474 km en gewaardeerd op Rs 10.992 crore, zich in de biedfase.

Since the government adopted the FASTag programme, the number of toll plazas on national highways has increased significantly. In the 2022-23 financial year, a total of 112 fee plazas were started under the National Highways Authority of India.

As of April 29, 2023, the FASTag collection in the squares on the national highways reached Rs 162.10 crore. The collection via FASTags over the past three months shows an upward trend and constantly exceeds the Rs 4,000 crore mark.

 
 
 
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