File photo NEW DELHI: National Highways Authority of India (NHAI) on Friday assured highways builders that adequate supplies of fuel, bitumen and other essential inputs would be maintained amid concerns over a likely fall in availability of bitumen and increase in fuel prices.Highway builders, in a meeting with NHAI chairman Santosh Kumar Yadav, flagged that the prolonged conflict in West Asia is likely to impact project cost and even toll collection on stretches that get a high share of port-bound traffic. They also urged the highways authority to declare the prevailing situation as a force majeure event for highway projects to help them protect against revenue shortfall and extension of concession periods.Israel Iran WarUS-Israel-Iran War Live Updates: ‘Indian navy’s guest struck without warning’: Iran slams US after torpedo sinks warship IRIS Dena50 Israeli jets strike, destroy Iran Supreme Leader Ali Khamenei’s underground military bunker; IDF shares videoRussia helping Iran? Moscow providing real time intelligence to Tehran on American military assetsOfficials said the National Highway Builders Federation (NHBF) flagged several issues including possible increase in prices of essential inputs that could impact the pace of highways construction.“NHAI chairman said they are in continuous coordination with IOCL, which has confirmed sufficient stock availability of fuel and bitumen, with no major supply disruptions anticipated. He advised contractors to immediately approach NHAI regional offices and field authorities in case of supply disruptions,” said a person who attended the virtual meeting.Yadav assured developers that NHAI would coordinate with local administrative authorities to ensure uninterrupted material availability.The highway developers said they anticipated an increase in transportation cost on the back of increase in diesel price and rising input material costs are expected to escalate transportation expenses. They also suggested NHAI to reduce the price indexation lag from three months to one month to better reflect real-time market conditions and prevent under-compensation to contractors.End of ArticleFollow Us On Social MediaVideos’Real Players Are US, Russia, China’: Rahul Gandhi On Iran-Israel War, Warns Of India ImpactNitish Kumar’s Son Nishant To Enter Politics, Will Join JD(U) Soon In Signal Of Big Power ShiftNepal Poll Results: India Watches Closely As Border Dispute And ‘Big Brother’ Charge Loom’Jaishankar Should Respond’: Opposition Leaders Slam Modi Govt Over US Waiver On Russian OilWhy Is Congress Betting on Gaurav Gogoi While BJP Hits Pakistan Links?Health or politics? The real reason BJP changed West Bengal governorIAF Pilot Purvesh Duragkar Killed In Su-30MKI Crash Took Part In Op Sindoor, Met Family 10 Days AgoBengal SIR Row Decoded: Why Mamata Banerjee Is Launching Dharna Against EC Ahead Of PollsUS Waiver ON Russian Oil Sparks Row, Rahul Gandhi Blasts Modi Govt, Questions India’s SovereigntyWho Will Lead Bihar After Nitish Kumar? BJP Heavyweights Enter Race For Chief Minister123Photostories10 regional summer drinks that will make you forget matcha and latteA look at Sultan Hassanal Bolkiah’s $4 billion car collection: from rare Rolls-Royces to iconic supercars and one-of-a-kind F1 machinesMarch-perfect destinations to visit in India under ₹10,000; check itineraryWhy your legs feel heavy or swollen by evening: Doctors reveal 5 circulation problems to watch for8 national parks that are home to the most iconic natural landmarksHow to make classic South Indian Onion Masala Dosa for dinnerInside Hardik Pandya’s luxurious car collection: 5 cars that define his style5 surprising facts about Mount Everest most climbers won’t tell you7 common family patterns that affect adult relationshipsWomen’s Day 2026: Meet the boss ladies of Bollywood: Gauri Khan, Maheep Kapoor, Sussanne Khan and other successful star wives123Hot PicksChina Military BudgetIran Mobile Missile LauncersMiddle East CrisisNitish KumarIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingAP SSC Hall TicketsBreanna StewartJai OpetaiaDak Prescotts ContractBengaluru Flight CancellationsNepal ElectionsMiddle East CrisisKarnataka BudgetNitish KumarRussia India Oil Deal
NEW DELHI: National Highways Authority of India (NHAI) on Friday assured highways builders that adequate supplies of fuel, bitumen and other essential inputs would be maintained amid concerns over a likely fall in availability of bitumen and increase in fuel prices.Highway builders, in a meeting with NHAI chairman Santosh Kumar Yadav, flagged that the prolonged conflict in West Asia is likely to impact project cost and even toll collection on stretches that get a high share of port-bound traffic. They also urged the highways authority to declare the prevailing situation as a force majeure event for highway projects to help them protect against revenue shortfall and extension of concession periods.Officials said the National Highway Builders Federation (NHBF) flagged several issues including possible increase in prices of essential inputs that could impact the pace of highways construction.“NHAI chairman said they are in continuous coordination with IOCL, which has confirmed sufficient stock availability of fuel and bitumen, with no major supply disruptions anticipated. He advised contractors to immediately approach NHAI regional offices and field authorities in case of supply disruptions,” said a person who attended the virtual meeting.Yadav assured developers that NHAI would coordinate with local administrative authorities to ensure uninterrupted material availability.The highway developers said they anticipated an increase in transportation cost on the back of increase in diesel price and rising input material costs are expected to escalate transportation expenses. They also suggested NHAI to reduce the price indexation lag from three months to one month to better reflect real-time market conditions and prevent under-compensation to contractors.