Impact of Covid-19 on Roads

1 Roads Initiatives in Light of COVID-19

Key Policy Developments

Government may offer relief to developers

• Reportedly, the Ministry of Road Transport and Highways (MoRTH) has begun consultations on offering major relaxations to highway developers suffering from stressed finances, while also seeking to attract more private investment by settling claims that have been long overdue. • NHAI has been asked to expedite termination payment for cancelled contracts so that banks, largely public sector players, are able to recover their dues which are on the verge of turning into bad debt. • The government is also considering to increase the interest on outstanding annuity payments to highway developers, as the bank rates have decreased from 6.75 per cent per annum in February 2016, when the hybrid annuity model (HAM) was launched.

India to ban Chinese companies from highway projects

• Amid the ongoing -China tensions, MoRTH has announced that India will not allow Chinese companies to participate in highway projects, including those through joint ventures. • According to the ministry, a policy will be out soon banning Chinese firms and relaxing norms for Indian companies to expand their eligibility criteria for participation in highway projects. • Qualification norms for projects are being rationalised by the ministry to ensure Indian companies do not require entering into pacts with foreign partners to grab projects. • With respect to existing tenders and future bids, MoRTH has asserted that rebidding will be done in case of any Chinese joint ventures.

Government plans to revamp NHAI

• To make highway projects more financially viable, the Ministry of Road Transport and Highways (MoRTH) is planning to revamp the National Highways Authority of India (NHAI). The ministry has reportedly asserted that the need of the hour is to devise bankable projects suitable for the market with acute precision and accuracy.

2 Roads Initiatives in Light of COVID-19

Key Policy Developments

MoRTH to bid out more projects on EPC mode

• Reportedly, MoRTH has planned to bid out more projects on engineering, procurement and construction (EPC) mode. The ministry claims that the number of companies which could arrange finance and take projects is much lower compared to EPC firms. • According to the ministry, the current market conditions may not support build-operate-transfer (BOT) projects but the investor interest level must be gauged. • Besides, delay in financial closures on projects implemented on hybrid annuity model (HAM) has also encouraged MoRTH to focus on impending projects on EPC mode and later monetise them.

NHAI to rank roads for quality service

• In an effort to improve the quality of roads, NHAI has decided to undertake performance assessment and ranking of the highways in the country. The assessment audit and ranking of the national highways is aimed to take corrective recourse, wherever needed, to improve the quality and provide higher level of service to highway commuters. • The assessment parameters are based on different international practices and studies for benchmarking highway performances in Indian context. The criteria for the assessment have been broadly categorised in three main heads namely, highway efficiency, highway Safety and user services. • Apart from overall ranking of all the corridors, separate ranking for BOT, HAM and EPC projects will also be done.

NHAI becomes first construction sector organisation to go 'fully digital’

• NHAI has gone ‘fully digital’, with the launch of cloud-based and artificial intelligence-powered Big Data Analytics platform – Data Lake and Project Management Software in view of the deadly Covid-19 pandemic. • With advance analytics, the Data Lake software will forecast the delays, likely disputes, and will give advance alerts.

3 Roads Initiatives in Light of COVID-19

Key Policy Developments

New norm approved by MOEFCC waives major clause for highway projects

• The central government has directed state governments to make MoRTH the ‘user agency’, in place of executing state agencies, to be able to get exemption from a clause that makes it mandatory to make available equal measure of non-forest land in exchange for forest land diverted for national highway projects. • With this, MoRTH will now be eligible for the exemption granted under Forest Conservation Act (FCA) to central user agencies. These agencies have to comply with the other stipulation of doing compensatory afforestation on double the degraded forest land.

Other Key Developments

• Following the notification of its COVID-19 related force majeure measure, NHAI is facing negotiations over several issues raised by road developers. Encashment of bank guarantees, non-payment of maintenance costs and lower estimation of revenue and expenditures are some of them. • Reportedly, most of the 162 BOT (toll) concessionaires, including private equity players, have decided to take the arbitration route to recover about Rs 6.5 billion as interest and operation and maintenance (O&M) costs from NHAI for the 25-day toll collection suspension period. • The concessionaires are allegedly upset with NHAI for not declaring the toll suspension period during the COVID-19 pandemic as a force majeure political event, and thus rescuing itself from compensating the loss to concessionaires on the O&M and interest costs.

• Amid the Covid-19 outbreak, fundraising plans for NHAI may be reworked by the central government. The government has already formed a panel to rework financing for NHAI and may invite some unconventional ideas to optimise future investments by the authority.

4 Roads Initiatives in Light of COVID-19

Other Key Developments

• The High court (HC) has issued a notice to Centre, RBI and NHAI on a plea seeking a onetime restructuring of loans by all banks and Nonbanking Finance Companies (NBFCs) to the petitioners in wake of the lockdown in the country and keeping in view the spread of Covid-19. • The plea seeks direction to allow a one-time restructuring of loans as a relief measure to the industries/ companies/ retail customers so they are not classified under non-performing assets (NPA) after the lockdown is lifted. • The plea also seeks direction to the respondents of extending the period of moratorium on payment of all term loans, and working capital facilities till the final disposal of the petition.

• The slow transmission of the RBI’s prescribed bank rate cuts in project lending rates will impact debt service coverage ratios in operational HAM based projects, according to a note by ratings agency India Ratings and Research. • Sluggish transmission in project’s interest rate was not originally envisaged by developers during the bidding stage and therefore may also impact their equity returns. • While NHAI bound concessions receive grants on a timely basis, a concession grantor with a weak credit profile, late annuity payments combined with delayed transmission could pose a risk to HAM projects. • NHAI plans to release monthly grants proportionate to the completion of project construction, and the agency believes this will have a salutary effect on the working capital requirements of developers.

• Expediting settlement of claims through conciliation, NHAI has settled claims worth Rs 133.49 billion for Rs 37.43 billion, since 2017-18. • In its endeavour for faster settlement of claims and reducing liabilities thereby, NHAI has rigorously started the process of conciliation by constituting three Conciliation Committees of Independent Experts (CCIE) of three members each. Till date, about 108 cases have been referred to CCIE.

• An acute labour shortage has hit highway construction in April-May 2020. Reportedly, only about 847 km of highways have been constructed in the country during the first two months of this fiscal, compared with 1,692 km in the year-ago period. • Even assuming a pick-up in the coming quarters, execution of projects in FY21 is estimated to be lower by around 22 per cent against the target of 10,250 km, according to ICRA. • Cumulative awards, however, rose to 747 km in the first two months of the current fiscal from 241 km in the year-ago period.

5 Roads Initiatives in Light of COVID-19

Other Key Developments

• According to ICRA, the Pariyojana scheme may get delayed by about four years in the aftermath of the COVID-19 pandemic. The scheme, that was scheduled for completion in 2021-22, is now likely to get completed by 2025-26. • As of February 2020, a total of 246 road projects with an aggregate length of about 10,100 km were awarded under Phase I of the programme at a total cost of Rs 2.38 trillion. According to ICRA, the average cost of the award stood at Rs 238 million per km, 54 per cent higher than initial estimated cost of Rs 155.2 million per km. • The land acquisition cost for the National Highways Authority of India (NHAI) increased at a compounded annual growth rate (CAGR) of 27 per cent from FY2007 to FY2019 from Rs 2.1 million per hectare to around Rs 40 million per hectare.

• According to CRISIL, the revenue earned by EPC companies in the roads sector is expected to contract by 8-10% in 2020-21, with the COVID-19 pandemic-driven lockdowns severely curtailing activity. • Besides, the pickup in execution and mobilisation after the lifting of the lockdown will be gradual.

• According to ICRA, the extension in concession period by NHAI with the idea of compensating companies for loss in toll collection during the first phase of the nationwide lockdown fails to be adequate, as it does not compensate for loss in net present value terms for majority of BOT (toll) projects. • The recent relief package announced by NHAI for BOT (toll) concessionaires has two parts- the revenue loss during and after toll suspension period will be compensated in the form of extension by three to six months in concession period and, COVID-19 loan is provided for concessionaires to the extent relief is not granted under moratorium under RBI guidelines. • ICRA claims that this approach may end up becoming contentious with concessionaires disputing the proposed relief measures. • Besides, this measure discriminates between concessionaires, since entities that have not opted for loan moratorium earlier are better off – they would now have access to COVID-19 loan from NHAI at a much cheaper rate with flexible repayment terms.

6 Roads Key Recent Developments

• NHAI has set up a four-member search-cum-selection panel to manage its Infrastructure Investment Trust (InvIT). • The authority is in the process of setting up an InvIT. As a part of the process, a new company is being set up to act as the investment manager to the proposed InvIT. • The idea is to set up a competent entity of experts that can professionally run the infrastructure trust to mobilise resources from the market for monetising completed highway projects of NHAI. • NHAI has already filed papers with the Securities Exchange Board of India (SEBI) to launch its first InvIT. • The authority plans to offer 19 projects worth Rs 350 billion under the InvIT model, of which two-three projects worth Rs 50-60 billion are expected to be taken up first.

• The Expressways Industrial Development Authority (UPEIDA) has signed a loan agreement worth Rs 15 billion with the Bank of India (BoI) and the Central Bank of India (CBI) for the - expressway project ( expressway). • With the new agreement, the total loan amount from various banks for the expressway has crossed Rs 105 billion. • The project involves construction of a 340.82 km access-controlled greenfield expressway from Chandsarai node near Lucknow to Haideria node in the district of Uttar Pradesh at an estimated cost of Rs 225 billion.

7 Roads Key Recent Developments

• The National Bank (PNB) has released funds worth Rs 7.5 billion as the first instalment to the Uttar Pradesh government for the Gorakhpur Link six-lane expressway project (NH27, SH-5). • Of the total civil work cost of Rs 58.77 billion, funds worth Rs 22.5 billion have been sought from a consortium of banks, of which PNB approved a Rs 7.5 billion loan. • Meanwhile, the Union Bank of India (UBI) and Canara Bank have granted in-principle approval for funds worth Rs 2.5 billion and Rs 3 billion, respectively. Besides, funds worth Rs 10 billion have been sought from the Indian Bank and are yet to be approved.

• NHAI has announced that it will partner with institutes such as Indian Institutes of Technology (IITs) for improving road infrastructure ecosystem. The objective is to leverage the intellectual prudence of students and faculty towards improvement of road infrastructure ecosystem of the country. • The authority has approached all IITs, National Institutes of Technology (NITs) and reputed engineering colleges to collaborate and adopt nearby stretches of national highways, on voluntary basis, as part of Institutional Social Responsibility (ISR).

• MoRTH has recommended the concerned officials to fast-track project clearances to speed up road construction. The recommendation pertained to the issue of outstanding forest clearances for about 187 highway projects in the pipeline. • The ministry has also stressed that level crossings on national highways need to be removed, as they constitute major accident spots. • It has also agreed to monitor the projects under the programme on monthly basis.

• Reportedly, financial records, contract documents, and employee information of NHAI has been posted online by cyber criminals. The information was posted online on July 2, 2020, two days after NHAI denied any sensitive information was compromised. The authority, however, confirmed it had on June 28, 2020, been the target of a ransomware attack.

8 Roads Recently Awarded and Completed Projects

Awarded/Completed Projects Length Cost (Rs Project Status Contractors Details (km) billion) H.G. Infra Engineering Limited has received H.G. Infra Balotra - Sanderao provisional completion certificate for the project Completed NA 1.93 Engineering highway entailing two-laning with paved shoulder for Balotra Limited to Sanderao via Jalore section of NH-325 in . The Panjagutta bridge under the Greater Hyderabad Panjagutta bridge Completed NA NA NA Strategic Road Development Plan (SRDP) Project has been opened for public use. PNC Infratech Limited has received letter of award (LoA) from NHAI for project entailing fourlaning of PNC Meerut – Nazibabad 53.95 km Meerut - Nazibabad section of NH-119 (New Awarded 53.95 14.12 Infratech highway project NH-34) from design chainage km 11.500 (Meerut) to Limited km 39.25 (Behsuma) and from km 79.5 (Bijnor) to km 105.7 (Jalalabad) in Uttar Pradesh. Delhi-Vadodara L&T Limited has secured an EPC contract to construct Awarded NA NA L&T Limited Expressway Package 11 and 12 of Delhi-Vadodara expressway. JV of Dilip JV of Dilip Buildcon Limited and HCC has received Buildcon letter of acceptance for construction of New Link NH- New Link NH-133B and Limited and Awarded 21.69 19.00 133B from Km 0.2 to km 15.89 including Ganga Bridge Manihari Bypass Hindustan and Construction of Manihari Bypass and four-laning Construction of a section of NH-131A in . Company Dilip DBL has been declared L-1 bidder for four-laning of Dhrol - Bhadra Patiya- Awarded 50.45 8.82 Buildcon Dhrol - Bhadra Patiya- Pipaliya section of NH-151A in Pipaliya highway Limited . Source: India Infrastructure Research

9 Roads Recently Awarded and Completed Projects

Awarded/Completed Projects

Length Cost (Rs Project Status Contractors Details (km) billion) NHAI has re-allotted the contract of widening Welspun NH-44 into 12 lanes, including eight main lanes Mukarba-Panipat highway Awarded 71.1 21.22 Enterprises and four service lanes, to a new company, Limited Welspun Enterprises Limited. Bihar government inaugurated the Sattarghat Sattarghat bridge project Completed 1.44 2.63 NA Bridge on June 16, 2020. The construction work on the project was completed in February 2020. The Government of has inaugurated Two-tier flyover at Salem Completed NA 4.41 NA the two-tier flyover at Five Road Junction five road junction (Salem). IRB IRB has emerged as the preferred bidder for six- Infrastructure Palsit – Dankuni highway Awarded 63.83 21.93 laning of Palsit-Dankuni section of NH-19 in Developers on BOT (toll) basis. Limited Ashoka Buildcon Limited has received Ashoka provisional completion certificate (PCC) for Kharar-Ludhiana highway Completed 76.01 NA Buildcon completion of the Kharar-Ludhiana road project Limited (NH-95 and NH21). The commercial operation date (COD) for the stretch was March 31, 2020. NHIDCL has awarded GPT Inrprojects Limited the GPT Churachandpur-Tuivai project entailing two-laning with hard shoulder Awarded 11.29 1.03 Infraprojects highway of Churachandpur - Tuivai section of NH-102B in Limited Manipur.

Source: India Infrastructure Research

10 Roads Top Upcoming Projects

Key Upcoming Projects Length Cost (Rs Current Project State Contractor Detailed Status (km) billion) Status As of May 2020, about 5% construction APCO Infratech Limited, work has been completed on the project. Ashoka Buildcon Limited, Bundelkhand Uttar Under The state government has recently 296.07 150.00 Dilip Buildcon Limited, expressway Pradesh Construction achieved financial closure for the project. Gawar Construction The project is being implemented by Limited UPEIDA on EPC mode in six packages. Gayatri Projects Limited, As of June 2020, about 48% construction APCO Infratech, GR work has been completed on the project. Infraprojects Limited, Recently, UPEIDA signed a Rs 15 billion Purvanchal Uttar Under 340.82 224.95 PNC Infratech Limited, loan agreement with the Bank of India expressway Pradesh Construction Oriental Structural (BoI) and the Central Bank of India (CBI) Engineering Private for the project. The project is being Limited implemented on EPC mode in 8 packages. As of May 2020, the project is in the DPR preparation stage and is yet to acquire cabinet approval. Besides, the state government has allocated Rs 20 billion for Uttar Approved 628.00 360.00 NA construction of the project in its budget Pradesh (state) for 2020-21. Construction work on the project is expected to commence by 2020 and the same is scheduled to be completed by 2025. In February 2020, the central government accorded in-principle approval for the Delhi, Delhi-Dehradun project. The construction work on Phase I Uttarakha 170.70 80.80 NA Approved Elevated Corridor of the project is likely to commence soon. nd The project is being implemented by NHAI in three phases.

11 Roads Top Upcoming Projects

Key Upcoming Projects Length Cost (Rs Current Project State Contractor Detailed Status (km) billion) Status On February 27, 2020, The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Delhi-Katra Delhi, Punjab, Climate Change (MoEFCC) recommended Six/Eight-lane Jammu & 575.00 300.00 NA Approved grant of Terms of Reference (ToR) for expressway Kashmir Section I and II of the project. Currently, the Punjab government has approved the modified alignment of the project. Currently, Phase I (15 km stretch in Uralungal Labour Kerala Coastal Under Mallapuram) of the project is under Kerala 656.00 65.00 Contract Cooperative Highway Construction construction. The other three phases are Society Limited (ULCCS) in planning stage. On March 5, 2020, the state government Bengaluru allocated funds worth Rs 145 billion Peripheral Ring 65.00 119.50 NA Announced under the state budget 2020-21 for the Road (Phase I) project. Currently, survey works and land acquisition are ongoing. KR Puram- Currently, the project is at announced Yeshwantpur Karnataka 29.00 93.00 NA Announced stage. Elevated Road Land acquisition proceedings for the - Andhra expressway have been initiated. The DPR Anantapuramu 384.00 276.25 NA Approved Pradesh for the entire project will be taken up in expressway 12 packages. Tamil Nadu, Chennai- Land acquisition is in progress and bids Andhra Bengaluru 262.00 200.00 NA Announced are likely to be invited soon. The project Pradesh, expressway is being developed in three phases. Karnataka

12 Roads Top Upcoming Projects

Key Upcoming Projects Length Cost (Rs Current Project State Contractor Detailed Status (km) billion) Status As of March 2019, Delhi government had submitted the proposal to Unified Traffic and Delhi North- Delhi 29.00 60.00 NA Announced Transportation Infrastructure regarding the South corridor construction of the elevated corridor. The project is expected to be completed by 2022. Currently, project has been facing opposition from various environmentalists, activists and L&T Limited, JV of fishermen on clearance related issues. On Hindustan December 17, 2019, the Supreme Court (SC) Construction issued an interim order to MCGM to resume Coastal Under 29.20 140.00 Company Limited work on the project. With this, MCGM resumed Road Project Construction and Hyundai the construction work on the project on Development December 18, 2019. Company Besides, the project is scheduled to be completed by December 2022. Tunneling works are likely to begin by November 2020. P. N. Shidhore Civil Engineers (I) Private Limited, IHI Currently, the project is under construction and Mumbai Trans Infrastructure Under likely to be completed by September 2022. First Harbour Link Maharashtra 21.80 178.43 Systems Company Construction girder of the MTHL project was launched in (MTHL) Project Limited, L&T, January 2020. Daewoo E&C, Tata Projects Nagpur- Maharashtra, Hyderabad- Currently, the alignment finalisation is in , 940.00 350.00 NA Announced Bangalore progress for the project. Karnataka expressway

13 Roads Top Upcoming Projects

Key Upcoming Projects Length Cost (Rs Current Project State Contractor Detailed Status (km) billion) Status Megha Engineering and Currently, about 20% work has been Infrastructures, Afcons completed on the project and is Infrastructure, NCC, PNC expected to complete by 2022. Infratech, Vijay Nirman Meanwhile, about 60 per cent of the Company, Sadbhav work is likely to complete by end- Mumbai-Nagpur Engineering, APCO Infratech, Under December 2020. Besides, Communication Maharashtra 701.66 554.77 Reliance Infrastructure, Construction construction work between Igatpuri expressway Montecarlo Construction, L&T, and Mumbai is expected to Gayatri Projects, Dilip complete by June 2021. On April 7, Buildcon, BSCPL Infrastructure, 2020, National Board of Wildlife Navayuga Engineering (NBWL) granted approval for Company implementation of the project. NHAI is in advanced stage of Munger- finalisation of the DPR for Mirzachowki Bihar 124.00 70.26 NA Announced development of Munger- Road Mirzachowki section of NH-80. Tamil Nadu Road Infrastructure Chennai Development Corporation is Peripheral Ring Tamil Nadu 133.38 57.00 NA Approved implementing three of five phases Road of the project. The project is yet to be awarded. As of October 2019, NHAI is awaiting approval from the railway authorities to commence civil works Trichy - Karur on a road overbridge to be 71.70 51.96 NA Announced ring road project constructed as a part of the ring road. Once 90% of the compensation is disbursed, NHAI will float a tender for the project.

14 Roads Top Upcoming Projects

Key Upcoming Projects Length Cost (Rs Current Project State Contractor Detailed Status (km) billion) Status Currently, the project is under construction. However,in order to avoid complexities such as heavy damage to the coastal environment and JV of Astaldi Group human habitation during or after its Versova-Bandra and Reliance Under Maharashtra 17.17 113.33 construction of the project, MSRDC has planned Sea Link Infrastructure Construction to extend the upcoming Bandra-Versova sea link Limited up to Virar, via Charkop and Vasai, from a km into the sea, instead of building it along the coast. Bids have been invited for the project with the bid submission due date of July 30, 2020. The government has done away with a parallel Zojila Pass Jammu & Under emergency tunnel in the Zojila project, changing 14.50 44.30 NA Tunnel Kashmir Bidding the initial design of the strategic tunnel, which has led to halving the project cost reduced to around Rs 44 billion, from the initial Rs 84 billion.

15 Roads Key Upcoming Tenders

Key Upcoming Tenders Implementing Cost (Rs Bid Issue Bid due Scope of the project agency billion) Date date Appointment of contractor for six-laning of Azhiyur-Vengalam section of NH-17 August 21, October 13, NHAI (New NH-66) from design chainage 189.2 to 232.1 in Kerala. The HAM project is 13.83 2020 2020 being implemented under Bharatmala Pariyojana. Appointment of EPC contractor for construction of eight-lane access-controlled expressway starting from MP-Gujarat Border near Chhayan village and ending June 23, October 26, NHAI 14.18 after bridge over hadaf river near Hathiyavan village (chainage 696.92 to 2020 2020 729.76) section of Delhi-Vadodara greenfield alignment (NH-148N). Appointment of EPC contractor for construction of six-lane NH-344M (Package December October 15, NHAI II) from Karala-Kanjhawala road (km 15) to Nangloi Najafgarh road (km 28.45) in 11.21 26, 2019 2020 Delhi. Appointment of EPC contractor for construction of six-lane NH-344M (Package December October 15, NHAI 15.52 I) from NH-1 (km 0.7) to Karala-Kanjhawala Road (km 15) in Delhi. 26, 2019 2020 Appointment of contractor for four-laning of Puducherry-Poondiyankuppam section of NH-45A from km 29 to km 67 (Design Chainage) on hybrid annuity December November NHAI 10.45 model in Tamil Nadu and Puducherry. The project is being implemented under 16, 2019 5, 2020 Bharatmala Pariyojana. Appointment of contractor for construction of four-lane Delhi--Katra greenfield expressway from Junction with Ambala-Kaithal-Hissar road (NH-152) September December NHAI 11.00 to Junction with Patiala-Samana Patran road (SH-10) (km 120.25 to km 157.92) 29, 2020 3, 2020 on hybrid annuity model in . Appointment of contractor for construction of four-lane Delhi-Amritsar-Katra greenfield expressway from Jussur Kheri on KMP Expressway to Junction with September December NHAI 10.53 Rohtak-Panipat road (NH-709) near Rukhi Paani village (km 0 to km 34) on 29, 2020 3, 2020 hybrid annuity model in Haryana.

16 Roads Key Upcoming Tenders

Key Upcoming Tenders

Implementing Cost (Rs Bid Issue Bid due Scope of the project agency billion) Date date Appointment of contractor for four-laning of Poondiankuppam to Sattanathapuram section of NH-45A from km 67 to km 123.8 (Design Chainage) on December October NHAI 17.77 hybrid annuity model in Tamil Nadu and Puducherry. The project is being 16, 2019 20, 2020 implemented under Bharatmala Pariyojana. Appointment of contractor for construction of eight-lane access-controlled expressway from km 103.4 to km 128 of Vadodara-Mumbai expressway (Talasari November October NHAI 9.81 to Karvad section) in Gujarat, Dadra and Nagar Haveli and Maharashtra on hybrid 15, 2019 19, 2020 annuity model under Phase I of Bharatmala Pariyojana (Package X). Appointment of contractor for construction of eight-lane access-controlled expressway from km 154.6 to km 190 of Vadodara-Mumbai expressway (Jujuwa to November November NHAI 14.07 Gandeva section) in Gujarat on HAM under Phase I of Bharatmala Pariyojana 14, 2019 2, 2020 (Package VIII). Appointment of contractor for construction of eight-lane access-controlled expressway from km 128 to km 154.6 of Vadodara-Mumbai expressway (Karvad to November October NHAI 9.73 Jujuwa section) in Gujarat on HAM under Phase I of Bharatmala Pariyojna 14, 2019 19, 2020 (Package IX). Appointment of EPC contractor for development of six-lane access controlled in Uttar Pradesh portion of Delhi Saharanpur Highway from Delhi/UP Border to EPE January October 8, NHAI 17.03 Junction (chainage 14.75 to 31.2) in Uttar Pradesh. The project is being 25, 2019 2020 implemented under Phase I of Bharatmala Pariyojana. Appointment of EPC contractor for development of six-lane access controlled in Delhi portion of Delhi-Saharanpur Highway from Akshardham NH-9 Junction to January October 8, NHAI 11.12 Delhi-UP border (chainage 0 to 14.75) in Delhi. The project is being implemented 24, 2019 2020 under Phase I of Bharatmala Pariyojana.

17 Roads Key Upcoming Tenders

Key Upcoming Tenders

Implementing Cost (Rs Bid Issue Bid due Scope of the project agency billion) Date date Appointment of EPC contractor for construction of about 2.64 km uni- directional tunnel and its approach road from km 6.41 to km 12.85 including May 28, December NHIDCL 12.41 one viaduct, three viaducts cum bridge on Sudhmahadev-Daranga section of 2020 9, 2020 NH-244 in Jammu and Kashmir (Package II). Appointment of contractor for construction of about 5.45 km uni-directional tunnel and its approach road from km 0 to km 6.41 including one viaduct cum May 28, December NHIDCL 18.96 bridge and one major junction at start of the project on Sudhmahadev-Daranga 2020 9, 2020 section of NH-244 in Jammu and Kashmir (Package I).

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