Road project awards seen steady despite headwinds

Challenging fundraising environment, cost for land acquisition and contraction in valuations of developers as well as EPC contractors are major headwinds, said Care Ratings report

5,000 km – worth of road project award by NHAI expected this fiscal

7,400 km – of road projects were awarded in FY18

Rs 2.80 crore – cost of land acquisition per hectare in 2018

Rs 10,000 crore – Aggregate pending equity commitment for HAM projects during FY19-21

10% – growth expected in toll collection during this fiscal

Financial closure of 75-80% of pending HAM projects expected over next three months