Expect to award 9,000 km road projects in FY16: NHAI

After having awarded a total of 3000 km
road projects in FY15, National Highways
Authority of India now aims to award
9000 km road projects in FY16, says
member- Finance Satish Chandra.
In an interview to CNBC-TV18, Chandra
says the road authority also deferred
premium payments for 13 projects to the
tune of Rs 7000 crore in FY15.
Furthermore, Chandra adds the FY16
expendit Deeure is likely to be about Rs 75000
crore.therefore the IRB infrastructure road developer is expected to benefited in future which has a revenue of 3780 crore in FY14 and net profit of 660 crore.