Millennium Post

NHAI awarded projects worth Rs 1.22L cr in FY18

New Delhi: The National Highways Authority of India (NHAI) on Saturday said it has awarded projects worth Rs 1,22,000 crore for constructing about 7,400 km of highways in the fiscal 2017-18.
"In Financial Year 2017-18, NHAI has awarded 150 road projects of 7,400 kilometre worth Rs 1,22,000 crore. In last 5 years, the average length of road projects awarded by NHAI was 2,860 Km with 4,335 Km awarded in the last financial year," it said in a statement.
"In comparison, the length of projects awarded in FY 2017-18 is an all-time high and a record achievement by NHAI since its inception in 1995," it added.
NHAI said out of the total projects awarded, 3,791 km length was awarded on EPC mode at a cost of Rs 43,000 crore while 3,396 km was awarded on hybrid annuity mode at a cost of Rs 76,500 crore and 209 km on toll mode at a cost of Rs 2,500 crore.
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