Road EPC companies’ order book shrinks as highway tenders slow down | Business News – Business Standard

The order books and order inflow of several road construction companies are showing signs of contraction as highway tendering activities have taken a hit.

A mix of diversification, riding on a healthy order book and the hope of a reversal of the procurement trend in the next financial year is expected to help companies overcome this predicament, company executives said.

Of those bidding for engineering, procurement and construction (EPC) and Hybrid Annuity Model (HAM) of highway projects, several have reported contraction in order book or no inflow of orders for the current year.

Managers of HG Infra Engineering in conversation with

First print: February 25, 2024 | 6:32 PM IST