Bidders invited for 15 Indian highways projects worth US$4.08bn

The National Highway Authority of India (NHAI) is inviting bidders for 15 projects worth US$4.08billion. The combined projects will widen 2,000km of India’s highways. Three of the 15 will involve the widening of narrow roads into six-lane highways, while roads will be widened to four lanes in 10 of the other projects. Contracts for the projects are expected to be awarded in 2012/2013 once NHAI invites financial bids from potential candidates. About 60 companies are expected to compete for them.
April 24, 2012 Read time: 1 min
The National Highway Authority of India (NHAI) is inviting bidders for 15 projects worth US$4.08billion.

The combined projects will widen 2,000km of India’s highways. Three of the 15 will involve the widening of narrow roads into six-lane highways, while roads will be widened to four lanes in 10 of the other projects.

Contracts for the projects are expected to be awarded in 2012/2013 once NHAI invites financial bids from potential candidates. About 60 companies are expected to compete for them.

Related Content

  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
    Read More
  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
    Read More
  • India to upgrade roads linking it to Bangladesh, Bhutan and Nepal
    September 21, 2016
    India has approved an ambitious US$1.04 billion project for constructing and upgrading 558km of roads to link it with Bangladesh, Bhutan and Nepal. India's Department of Economic Affairs has agreed to the project that will have 50% funding from the Asian Development Bank. A report by India’s independent newswire agency IANS noted that the work will be done within two years. "We have taken up five highway stretches in the country, which are very important for such a connectivity to succeed. This project i
    Read More

Highlighted Content