August 2026: Highway developers relief on bitumen costs
The relief, introduced in the wake of the conflict and initially available until June, was extended to September. Under this plan, can be compensated for higher bitumen costs based on actual consumption and prevailing prices. Bitumen price surge is spiking project costs. The price of Bulk VG-40, a common bitumen grade, at Mathura refinery rose from ₹48,892 a tonne on 1 February to ₹82,122 by 16 April, per industry data. Prices since eased to about ₹75,000. Bitumen accounts for 5-10% of the cost
The relief, introduced in the wake of the conflict and initially available until June, was extended to September. Under this plan, can be compensated for higher bitumen costs based on actual consumption and prevailing prices. Bitumen price surge is spiking project costs. The price of Bulk VG-40, a common bitumen grade, at Mathura refinery rose from ₹48,892 a tonne on 1 February to ₹82,122 by 16 April, per industry data. Prices since eased to about ₹75,000. Bitumen accounts for 5-10% of the cost of a standard high-way project
28 August 2026
