Pace of highway building increased by 23% this year
Ministry officials said NHAI has floated a large number of tenders and has assured the government that it will meet the target of awarding works for 10,000 km by the end of March.

Last year, 8,231 km of highways were constructed, which is the highest in a single fiscal so far.
According to data compiled by the road transport and highways ministry, construction and widening of 4,942 km was completed by November 30, which is about 20.5 km a day. During the same period in the last financial year, construction stood at 4,017 km and the average daily construction was 16.7 km.
“December to March are the most favourable months for road construction across the country. Usually, construction achieved during these months is equivalent to the total building of roads in the first eight months of any financial year.

While increased pace of construction is a positive indicator, the highways ministry is concerned over the fall in award of projects during the first four months of this financial year. Between April and November, work for only 2,927 km was awarded, which is about half of the stretches awarded during the same period in 2016-17.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.