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Positive trend in project tendering activities during Q1-Q3/FY22Project tendering activities saw a jump in terms of both number of tenders and tender value in the first three quarters of FY22 (Q1-Q3/FY22). As against 28,003 project tenders worth Rs 5,81,389.41 crore announced in Q1-Q3/FY21, the country saw announcement of 30,730 tenders worth Rs 6,31,220.09 crore in Q1-Q3/FY22. Following the nationwide vaccination drive against COVID-19 and unlocking of the economy, tendering activities gained momentum in the first nine months of the current fiscal.

As many as 80 mega-value tenders (Rs 1,000 crore and above) with an aggregate value of Rs 1,64,170.4 crore were issued in Q1-Q3/FY22. These mega tenders accounted for 26.01 percent of the total value of project tenders issued during the Survey period.

The most notable tender of Q1-Q3/FY22 worth Rs 10,000 crore was issued by the Yamuna Expressway Industrial Development Authority for the development and operation/maintenance of the International Film City in Sector-21, Yamuna Expressway Industry Development Area (Phase-1) of Gautam Buddha Nagar district in Uttar Pradesh on design, build, finance, operate and transfer model.


The government sector accounted for around 99 percent of the project tendering activities. Uptick in tendering activities was seen both at the Central and State levels during Q1-Q3/FY22. Accounting for 71.03 percent, the state government agencies issued 21,827 tenders worth Rs 3,17,827.99 crore during the first nine months of this fiscal as against 21,503 tenders worth Rs 3,09,604.16 crore published in Q1-Q3/FY21.

Similarly, the tendering by the Central government agencies also saw increases in both number as well as value of tenders issued in Q1-Q3/FY22 vis-à-vis Q1-Q3/FY21. In all, 6,151 project tenders with a contract value of Rs 2,84,024.54 crore were issued by the Central government during Q1-Q3/FY22 as compared with 6,163 tenders worth Rs 2,70,740.41 crore in Q1-Q3/FY21.

Major Sectors

The Services & Utilities (Infrastructure) and Irrigation sectors remained frontrunners in tendering activities in the first nine month of FY22 and accounted for 91.44 percent of the total tender values floated in Q1-Q3/FY22.

The Infrastructure sector saw 28,101 project tenders worth Rs 5,49,785.44 crore being floated in the first three quarters of this fiscal as against 24,828 tenders worth Rs 4,55,502.14 crore in the same period a year ago. Among the major sub-sectors, Roadways, Water Supply and Community Services remained highly active in issuance of project tenders.

The Roadways sector accounted for 26.63 percent of the tender issuance during the period. Reflecting the increasing pace of project execution, the sector saw issuance of a record 8,184 tenders worth Rs 2,10,640.34 crore during Q1-Q3/FY22. The sector issued 7,027 tenders worth Rs 2,08,813 crore in the first three quarters of the previous fiscal.

Three nodal agencies — the National Highways Authority of India (NHAI), the National Highways & Infrastructure Development Corporation (NHIDCL) and the Ministry of Road Transport & Highways (MoRTH) — were leading in tender floatation.

NHAI floated 542 tenders for various works worth Rs 97,529.47 crore during the first three quarters of FY22. The nodal agency issued four notable tenders for the construction of four-/six-lane access-controlled greenfield Delhi-Amritsar-Katra Expressway on hybrid annuity model (HAM) under Bharatmala Pariyojana valued at Rs 7,023.13 crore.

Apart from this, it also issued a high-value tender for six-laning of Kagal-Satara section of NH-48 (old NH-4) (Package–II) from 658.000 km to 725.000 km in the state of Maharashtra. The Rs 2,008.47 crore expressway will be executed on BOT (Toll) mode under Bharatmala Pariyojana.

Of the 80 mega-value tenders issued during Q1-Q3/FY22, NHAI alone floated 35 tenders for various road works worth Rs 49,236.62 crore.

The Water Supply sector too entered a higher growth trajectory in Q1-Q3/FY22. Aggregate tendering activity in this sector grew from 3,629 tenders worth Rs 72,656 crore in Q1-Q3/FY21 to 6,079 tenders worth Rs 84,082.45 crore in Q1-Q3/FY22.

The Uttar Pradesh State Water & Sanitation Mission issued four noteworthy tenders worth Rs 8,364.03 crore for construction of Sultanpur Grant Unnao Cluster-A; Amarsua Unnao Cluster-B; Belhari Group (Scheme-1); Hanumanganj Group (Scheme-2); and Maniyar Group (Scheme-3) village water supply scheme in the districts of Unnao and Ballia.

The Community Services sector saw issuance of 5,492 tenders worth Rs 55,135.72 crore in the first three quarters of this fiscal as against 6,253 tenders worth Rs 40,875 crore in Q1-Q3/FY21. The Central Public Works Department issued two high-value tenders during the period. The government entity issued tender for the construction of Common Central Secretariat Integrated Buildings 1, 2 & 3 including operation & maintenance for five years in Plot-137, New Delhi, worth Rs 3,408.81 crore.

It also floated a tender worth Rs 1,171 crore for the construction of Executive Enclave in Plot No 36/38, New Delhi, including operation & maintenance for five years. The Executive Enclave will house the Prime Minister Office, India House, Cabinet Secretariat & National Security Council Secretariat.

Project tendering in the Power Distribution sector grew from 1,228 project tenders worth Rs 10,382.39 crore in three quarter of FY21 to 1,529 project tenders worth Rs 15,823.78 crore in Q1-Q3/FY22. In terms of number, most of the tenders related to power distribution works were floated by Assam Power Distribution Company. The company issued 148 tenders worth Rs 1,032.29 crore, followed by Karnataka Power Transmission Corporation with 104 tenders worth Rs 705.8 crore.

The Railways sector floated 1,261 tenders worth Rs 50,012.06 crore in the first nine months of FY22. A year ago, during Q1-Q3/FY21, 1,155 railway work tenders worth Rs 41,082.56 crore were issued.

Chennai Metro Rail floated four notable tenders for the construction of 18 underground stations of Corridor-3 &-5 of CMRL Phase-II in Tamil Nadu with an aggregate value of Rs 4,415 crore. Apart from this, the Uttar Pradesh Metro Rail Corporation floated noteworthy tenders worth Rs 2,200 crore for design and construction of a tunnel from the start of underground ramp (near Fatehabad road Metro station) to the end of ramp at Agra; while the Madhya Pradesh Metro Rail Corporation issued Rs 2,145 crore tender for design, manufacture, SITC of standard gauge passenger rolling stock 81 cars for Bhopal and 75 cars for Indore for Bhopal Metro Rail Project and Indore Metro Rail Project.

In the Telecom Services sector, Bharat Broadband Network issued nine high-value tenders worth Rs 29,432.4 crore during Q1-Q3/FY22. The scope of work includes development, creation, upgradation, operation & maintenance of Bharat Net in the Licensed Service Area across the states such as Punjab, Uttar Pradesh, Haryana, Himachal Pradesh, Madhya Pradesh, Rajasthan, among others.

Apart from this, two high-cost tenders were also issued in the Ports sector during the period. The Gujarat Maritime Board floated a tender worth Rs 3,800 crore for selection of developers for setting up a greenfield port near village Nargol; while the Andhra Pradesh Maritime Board issued a tender worth Rs 3,650.07 crore for the construction of greenfield port at Machilipatnam.

The Irrigation sector remained one of the frontrunners during Q1-Q3/FY22. However, when compared to the same period a year earlier, the sector witnessed a steep downfall in the first three quarter of FY22. The Irrigation sector saw 1,376 tenders worth Rs 36,493.60 crore being floated in Q1-Q3/FY22, a decline from 1,733 tenders valued at Rs 65,641.05 crore in Q1-Q3/FY21.

The Irrigation & CAD Department, Andhra Pradesh, and the Irrigation & CAD Department, Telangana, each issued two mega-value tenders. The Irrigation & CAD Department, Andhra Pradesh, floated tenders worth Rs 4,652.49 crore for widening of balance work of HNSS main canal in Kurnool & Ananthapuramu districts. The Irrigation & CAD Department, Telangana, issued tenders worth Rs 3,671 crore for earthwork excavation and formation of canal embankment in Zaheerabad, Sangereddy, Narayanked and Andole assembly constituencies.

A few high-value tenders were also issued in the Mining sector during the first nine months of this fiscal. As many as 187 mining tenders were issued with an aggregate value of Rs 27,174.39 crore.

Central Coalfields issued two noteworthy tenders for development of Patratu ABC Underground project and Sanghamitra OCP in Jharkhand with an aggregate value worth Rs 9,249.34 crore. South Eastern Coalfields floated tender for development & operation of Pelma OC in Mand-Raigarh Coalfield, worth Rs 3,235.51 crore.

The Electricity sector saw issuance of 627 tenders worth Rs 14,834.01 crore in Q1-Q3/FY22 as against 687 tenders worth Rs 6,928.75 crore in Q1-Q3/FY21. The issuance of a few mega-value tenders lifted the ranking of the sector during the period. NHPC floated two notable tenders for execution of 850 MW Ratle Hydro Electric Project in Jammu & Kashmir worth Rs 4,086.19 crore and civil works of 500 MW Dugar HE Project (Lot-1) worth Rs 1,534.67 crore.


Among the states, the top 10 — Maharashtra, Rajasthan, Uttar Pradesh, Odisha, Madhya Pradesh, Karnataka, Jharkhand, West Bengal, Gujarat and Punjab — accounted for 63.28 percent of the total tenders announced across the country during Q1-Q3/FY22.

Maharashtra overtook Uttar Pradesh and grabbed the first spot with 3,321 project tenders worth Rs 52,737.68 crore in the first nine months of FY22. Rajasthan came second with 2,637 work-related tenders worth Rs 48,465.88 crore. Uttar Pradesh slid to the third position with 2,220 tenders with an aggregate value of Rs 79,834.66 crore.


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