InfrastructurePre-market
NHAI issues tender for ₹5,000 crore coastal highway project
pre-market1 source ↓written by the desknot a recommendation
- coastal highway project
- ₹4,961.6 crore
- from Rameshwar
- 160 km
- in two phases
- 340 km
- to take
- 30 months
The National Highways Authority of India (NHAI) has issued a fresh tender for the ₹4,961.6 crore coastal highway project in Odisha, covering 160 km from Rameshwar to Paradip. This marks the third attempt to initiate the project, which aims to connect Odisha with West Bengal over 340 km in two phases. The construction is expected to take about 30 months.
This development may boost infrastructure sector sentiment and attract investments in related construction firms.
Not investment advice. For informational purposes only.