Roads projects to be executed the EPC route
ROADS & HIGHWAYS

Roads projects to be executed the EPC route

The Minster of Road, Transport and Highways Nitin Gadkari has been quoted in a leading newspaper confirming that the focus will be more on EPC projects at the moment.

The ministry is prioritising asset monetisation and EPC, which will be entirely funded by the government. It is believed that this will enable faster monetisation of projects.

As reported, National Highways Authority of India (NHAI) has set itself a target of awarding 4,500 km of road projects in the current financial year. While projects awarded this year on the EPC mode total to 1,700 km, projects with a cumulative length of around 2,000 km are to be awarded on the HAM basis.

In the case of HAM projects, 40 per cent of the construction cost comes from the government and the remaining spends from the developer. Here, the government is also accountable for land acquisition and told collection.

As the roads sector has not been receiving a good response in terms of private investment, reportedly market watchers have also agreed on the viability of the EPC mode in terms of monetisation. The minister has been quoted on plans to increase the toll income to Rs 1 trillion annually from the current Rs 40,000 crore. As reported, in order to generate revenue, NHAI will allow oil marketing companies to set up petrol pumps along national highways, through wayside amenities. In terms of roads construction target, the aim is to construct 8,000-10,000 km by March this year. Following this, road construction would have reached around 7,000 km so far this fiscal.

With 10,800 km constructed in the financial year, FY19 witnessed the highest ever pace of road construction. Going forward, electric highways is reported to be on the priority list along with churning new modes of generating toll revenue.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Minster of Road, Transport and Highways Nitin Gadkari has been quoted in a leading newspaper confirming that the focus will be more on EPC projects at the moment. The ministry is prioritising asset monetisation and EPC, which will be entirely funded by the government. It is believed that this will enable faster monetisation of projects.As reported, National Highways Authority of India (NHAI) has set itself a target of awarding 4,500 km of road projects in the current financial year. While projects awarded this year on the EPC mode total to 1,700 km, projects with a cumulative length of around 2,000 km are to be awarded on the HAM basis. In the case of HAM projects, 40 per cent of the construction cost comes from the government and the remaining spends from the developer. Here, the government is also accountable for land acquisition and told collection.As the roads sector has not been receiving a good response in terms of private investment, reportedly market watchers have also agreed on the viability of the EPC mode in terms of monetisation. The minister has been quoted on plans to increase the toll income to Rs 1 trillion annually from the current Rs 40,000 crore. As reported, in order to generate revenue, NHAI will allow oil marketing companies to set up petrol pumps along national highways, through wayside amenities. In terms of roads construction target, the aim is to construct 8,000-10,000 km by March this year. Following this, road construction would have reached around 7,000 km so far this fiscal. With 10,800 km constructed in the financial year, FY19 witnessed the highest ever pace of road construction. Going forward, electric highways is reported to be on the priority list along with churning new modes of generating toll revenue.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000