NHAI to lean on private firms mostly for highways construction in FY21

NHAI targets to build 4,500-km highways in current fiscal year

The National Highways Authority of India (NHAI) will rely on the private sector for constructing more than half of the projects during the current fiscal year. This would substantially be different from last year, when 60 per cent was done on engineering, procurement, and construction (EPC) or government-funded mode in 2019-20.
 

According to the latest estimates by the authority, project execution would be more in the private sector domain since the government is facing liquidity issues and build–operate–transfer (BOT)  and hybrid-annuity could boost private sector investment.
 

The NHAI has set a target of building 4,500-kilometre highways in 2020-21, of which