NHAI exceeds construction target in 2024-25
Working relentlessly towards the development of National Highway infrastructure in the country, the National Highways Authority of India (NHAI) constructed 5,614 km of National Highways in 2024-25, against the target of 5,150 km for the year.
In addition, the Capital Expenditure by NHAI in 2024-25 for the development of National Highway infrastructure reached an all-time high of over Rs 2,50,000 crore (provisional) against a target expenditure of Rs 2,40,000 crore. This includes both government budgetary support and NHAI’s own resources. Overall capital expenditure increased by around 21% as compared to Rs 2,07,000 crore in 2023-24 and by around 45% as compared to Rs 1,73,000 crore in 2022-23.
During 2024-25, NHAI leveraged three modes for monetisation - Toll Operate Transfer (TOT), Infrastructure Investment Trust (InvIT) and Toll Securitisation. During the financial year, NHAI monetised assets for a total of Rs 28,724 crore. This includes its highest ever single round InvIT receipt worth Rs 17,738 crore.
NHAI is committed to build world class National Highway infrastructure across the country, that will contribute not only to the growth of the road sector but also play a critical role in nation-building and advancing the growth of the Indian economy, it highlighted in a communique.
Source: Exim News Service: New Delhi, April 7