Road Contracts awarded drop to less than half!
ROADS & HIGHWAYS

Road Contracts awarded drop to less than half!

Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the end of January 2024, only 7,658 kms have been constructed at the rate of 28.4 kms per day. To achieve the target of 13,800 kms, the rate of construction has to rise to 102.4 kms per day! This is next to impossible, considering that 37.8 kms per day was the best record achieved at the rate of 36.5 kms per day during 2020-21 when a total of 13,327 kms were constructed during the year.

What is alarming is that the pace of awards has slackened abysmally to less than half! For instance, up to January 2024, only 3,481 kms have been awarded, while during the same time last year, 8,400 kms had been awarded.

The adverse impact of poor awards will be felt bitterly during the winter of 2024. We hope the government accelerates its actions before election dates are announced and hope again that the government that assumes power hits the ground running.

Registration for RAHSTA Expo

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

Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the end of January 2024, only 7,658 kms have been constructed at the rate of 28.4 kms per day. To achieve the target of 13,800 kms, the rate of construction has to rise to 102.4 kms per day! This is next to impossible, considering that 37.8 kms per day was the best record achieved at the rate of 36.5 kms per day during 2020-21 when a total of 13,327 kms were constructed during the year. What is alarming is that the pace of awards has slackened abysmally to less than half! For instance, up to January 2024, only 3,481 kms have been awarded, while during the same time last year, 8,400 kms had been awarded. The adverse impact of poor awards will be felt bitterly during the winter of 2024. We hope the government accelerates its actions before election dates are announced and hope again that the government that assumes power hits the ground running.Registration for RAHSTA Expo

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

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