New Delhi: The National Highways Authority of India (NHAI) has significantly tightened its framework for Automated and Intelligent Machine-Aided Construction (AI-MC), introducing provisions that could directly affect contractor payments, equipment deployment and digital ownership of highway project data. Under Policy Circular No. 11.109/2026 dated August 28, 2026, mandatory AI-MC deployment has been rationalised to highway...
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Tag: EPC projects
Road Awards Slowdown to Hit Execution, Intensify Bidding: ICRA
MoRTHās road execution is set to moderate to 9,000-9,500 km in FY2026-27 as project awards decline, according to ICRA. Credit rating agency ICRA expects road execution by the Ministry of Road Transport and Highways (MoRTH) to moderate to 9,500-10,000 km in FY2025-26 and further to 9,000-9,500 km in FY2026-27 owing to a decline in project...
Opportunities galore, but targets ambitious
With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
We are watching the InvIT market very closely
Ashish Agarwal, Director, Equirus Capital, explores the various avenues available for encouraging the flow of private funds into the infrastructure sector.
Lack of sufficient domestic project financing options remains a concern
Steve Edwards - Chairman and CEO, Black & Veatch, shares his perspective on the Indian infrastructure market, his companyĆĀ“s offerings, and the shortcomings in the current EPC contract mechanism in the country.
The bottom line is that roads should get done
There has been a significant mindset change in the approach of NHAI and its officers. This is the most significant improvement in the working situation that we have ushered in.
Coordinated efforts among government, developers needed
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of IndiaĆās policy towards infrastructure deveĆĀlopment.







