ROADS & HIGHWAYS

"RAHSTA" on a Roll!

The construction of highways has crossed several milestones of late. In FY24, the National Highway Authority of India (NHAI) broke the previous record of the length of NH projects constructed in one year, adding 6,644 km, 20 per cent more than the 5,544 km constructed in FY23, and around 53 per cent more than the 4,331 km constructed in FY22.

And capital expenditure by the highway authority touched Rs.2,070 billion in FY24, also an all-time high, 20 per cent higher than the Rs.1,730 billion spending in FY23 and Rs.1,720 billion in FY22.

“For FY25, NHAI has set a target of around 5,000 km but we’re confident of surpassing this to set another record,” says Santosh Kumar Yadav, IAS, Chairman, NHAI, exclusively to CW. “We have regularly been monitoring projects at various levels and are in touch with state governments and stakeholders to resolve any issues pertaining to the development of national highways in regions across the country.”

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The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The construction of highways has crossed several milestones of late. In FY24, the National Highway Authority of India (NHAI) broke the previous record of the length of NH projects constructed in one year, adding 6,644 km, 20 per cent more than the 5,544 km constructed in FY23, and around 53 per cent more than the 4,331 km constructed in FY22.And capital expenditure by the highway authority touched Rs.2,070 billion in FY24, also an all-time high, 20 per cent higher than the Rs.1,730 billion spending in FY23 and Rs.1,720 billion in FY22.“For FY25, NHAI has set a target of around 5,000 km but we’re confident of surpassing this to set another record,” says Santosh Kumar Yadav, IAS, Chairman, NHAI, exclusively to CW. “We have regularly been monitoring projects at various levels and are in touch with state governments and stakeholders to resolve any issues pertaining to the development of national highways in regions across the country.”To read the full story Click Here

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