India highway project deals underway

India is busy with plans to expand its highway network. The work is being managed by the National Highways Authority of India (NHAI) and up to 97 different highway projects are envisaged in the complete programme. Some US$16 billion worth of projects could be awarded in the 2016-2017 period if all the planned projects move ahead as anticipated. These would deliver an additional 6,631km of highways in total. At present there are 250 highway construction projects underway in India, while 400 have already been
Finance & Funding / July 21, 2016
India is busy with plans to expand its highway network. The work is being managed by the National Highways Authority of India (NHAI) and up to 97 different highway projects are envisaged in the complete programme. Some US$16 billion worth of projects could be awarded in the 2016-2017 period if all the planned projects move ahead as anticipated. These would deliver an additional 6,631km of highways in total. At present there are 250 highway construction projects underway in India, while 400 have already been finished.

Not all the tender processes have been completed at this stage but Chinese contractor China Railway Construction Corp has expressed an interest in bidding for several of the larger highway projects.
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