Tightened bidding norms slow NHAI road project awards
HDFC Securities stated that new orders are being awarded under developer models, favouring companies with strong balance sheets.

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HDFC Securities stated that new orders are being awarded under developer models, favouring companies with strong balance sheets.
As per NHAI’s Sustainability Report 2023–24, it used more than 631 lakh metric tonnes of recycled and reused materials in highway construction, including fly ash, plastic waste, and reclaimed asphalt.
The lender, the country's largest, has written to the National Highway Authority of India (NHAI) seeking this status on its investments in National Highways Infra Trust (NHIT), the sources said on Monday.
An InvIT is an investment vehicle that raises funds by issuing units. NHIT is the manager of NHAI's InvITs.
This strategy is designed to harness local expertise and expedite construction efforts.
If the new proposal is approved by the finance ministry, the 60% standard toll will be slashed to 30%.
The affected segment falls under Package-4 of the Sanchore-Santalpur section, which is part of the Bharatmala Pariyojana.
The Central government has granted in-principle approval for a ₹83,500 crore, 200-km greenfield coastal highway in Andhra Pradesh, connecting Mulapeta Port, Bhogapuram International Airport, and Bheemili. The project aims to improve regional connectivity and boost logistics, aquaculture, tourism, and industrial development.
Union minister Nitin Gadkari, after a high-level review, directed coordinated encroachment removal based on 1912-13 records.
"I have not been intimated about this programme in advance, and an inauguration programme of various developmental schemes is already scheduled under my Chairmanship in Indi Taluka, Vijyapura District on the same day," Siddaramaiah said in a letter.
This initiative aims to reduce plastic waste while enhancing road durability, offering a win-win solution for waste management and green development.