The eight-lane expressway will have a provision to be expanded to 12 lane

NHAI’s plan to diversify resource base

Ahmedabad-Vadodara tops the chart

The company will sell a part of its operational road assets through an InvIT

In a significant development, nearly 200 reputed engineering colleges located across the country have opted for the scheme to adopt stretches of National Highways.

Union Minister of Road Transport and Highways & Micro, Medium and Small Enterprises (MSME), Nitin Gadkari has urged the country’s construction sector to devise ways to keep costs of government projects low even while leveraging the latest digitalisation technologies.

National Highways Authority of India (NHAI) has awarded projects for a total cumulative length of 1,330 km in the current financial year. The projects awarded so far are 1.6 times higher of 828 km awarded in FY 2019-20 and 3.5 times higher of 373 km awarded in FY 2018-19 during the same period.

Cost optimisation is a critical necessity in India. Given the infrastructure sector's role in a rapidly expanding major global economy like India's in facilitating trade, transport and communication, it is imperative for construction projects to be implemented under expert supervision to ensure their functionality and longevity.

While the pandemic impacted most industry events across the globe in 2020, this one remained untouched.