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Highway Expansion to Accelerate in FY26 as NHAI Unveils 124 Projects Worth ₹3.45 Lakh Cr
NHAI Gets New Highway Projects: In the fourth quarter of FY 2026, the National Highways Authority (NHAI) is going to speed up the pace of highway project awards. According to a report, NHAI has made its intentions clear by releasing a list of 124 projects of 6,396 km length.
The National Highways Authority (NHAI) is gearing up to provide a fresh thrust to highway development in the months ahead. According to a report by JM Financial, the figure for highway projects may pick up pace in the fourth quarter of FY 2026.
According to the report, NHAI has recently released a list of 124 projects, whose total length is about 6,396 km. The estimated capital cost of these projects is estimated to be around ₹3.45 lakh crore, while the EPC (engineering, procurement, and construction) cost is estimated to be around ₹2 lakh crore.
Talking about the structure, Hybrid Annuity Model (HAM) projects lead with the highest share of 72%. This is followed by BOT (Build-Operate-Transfer) projects with 18% and EPC projects with 10%. The report says that a higher share of HAM projects will be beneficial for developers who have a strong balance sheet.
