New Delhi: State-owned National Highways Authority of India (NHAI) ha
s said it plans to bid out 124 highways and expressways projects worth Rs 3.4 lakh crore in 2025-26.
The total length of the highways likely to be taken up for bids by NHAI in 2025-26 is 6,376 km.
The NHAI said Capacity Augmentation of Pampore (Srinagar) to Qazigund section of NH-44(48 km) by construction of service road , grade seperated structures will be be taken up for bids under Engineering Procurement and Construction (EPC) model.
National Highways s projects are executed on mainly three modes -- Build Operate and Transfer (BOT),Hybrid Annuity Model (HAM) and Engineering Procurement and Construction (EPC).
Concession period for projects including maintenance on Build Operate and Transfer (BOT) is 15 to 20 years and on Hybrid Annuity Model (HAM) is generally 15 years. Concessionaire is responsible for maintenance of the respective NHs stretches within the concession period of the project.
Only in case of EPC projects, Defect Liability period (DLP) is 5 years for the bituminous pavement works and 10 years for concrete pavement works.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)