India, Sept. 11 -- Insurance Surety Bonds (ISBs) issued for National Highways Authority of India (NHAI) projects have crossed the Rs 10,000 crore milestone, signalling growing adoption of this financial instrument in the infrastructure sector. As of July 2025, 12 insurance companies have issued around 1,600 ISBs as 'Bid Security' and 207 ISBs as 'Performance Security' — together valued at approximately Rs 10,369 crore. NHAI has been actively encouraging ISBs as an alternative to traditional bid and performance security deposits.
To further drive the uptake of Insurance Surety Bonds (ISBs) and Electronic Bank Guarantees (eBGs), NHAI organised a workshop in New Delhi. The session was chaired by N.R.V.V.M.K Rajendra Kumar, Member (Finan...