Skip to main content

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

  • Minister assures funds for Mumbai-Goa Highway works
    May 26, 2025
    Road improvement project should cut travel times between Mumbai and Goa by half
  • India road financing package secured
    July 24, 2019
    A major long term financing package has been secured for highway projects in India. The National Highways Authority of India (NHAI) will benefit from a credit package worth nearly US$ 3.4 billion. This is being provided by the Life Insurance Corporation of India (LIC). The deal involves bonds issued for a 30-year period. India has also announced plans to continue with its massive road development programme. By 2024/25, the $10.8 billion road development programme will have extended the country’s network b
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth